Gujarat Energy Transmission Corporation Limited Tender

Class-"B" & Above

To determine the bid capacity required, we look at specific details such as financial requirements, experience, or technical capabilities that a bidder must possess. The key requirements include experience and solvency. For experience, the bidder should have executed similar work with a value of at least 50% of the estimated cost. Given the estimated cost is Rs 2,43,78,879.00, the required experience value is 50% of this cost, which is Rs 1,21,89,439.50. For solvency, the bidder should have a latest bank solvency certificate of a sum of minimum 20% of the estimated cost. This translates to 0.2 * Rs 2,43,78,879.00 = Rs 48,75,775.80. Therefore, the bid capacity required in terms of experience is Rs 1,21,89,439.50, and in terms of solvency, it is Rs 48,75,775.80. Additionally, the Earnest Money Deposit (EMD) is 1% of the estimated cost, which is Rs 2,43,789.00, and the Security Deposit (SD) is 5% of the contract value, to be paid upon the placement of the Letter of Intent (LOI). Thus, the bid capacity required can be summarized as follows: - Experience: Rs 1,21,89,439.50 - Solvency: Rs 48,75,775.80 - EMD: Rs 2,43,789.00 - SD: 5% of the contract value Given these details, the bid capacity required for the tender is specified in terms of experience, solvency, EMD, and SD, with specific values provided for experience, solvency, and EMD.