Municipal Corporation Tender

The class eligibility requirement to bid or participate in this tender is "AA" & Special Category Building -I or Equivalent who have a certificate of registration with Employees Provident Fund Organization.

The bid capacity required in the given tender can be calculated using the formula: Available bid capacity = (A x N x 2) – B. To calculate this, we need the average value of civil engineering works executed over the last five years (A), the number of years prescribed for completion of the works (N), and the value of existing commitments and ongoing works to be completed during the next two years (B). However, the specific values for A, B, and N are not provided. An alternative calculation for bid capacity required is provided as a percentage of the estimated contract value, which is Rs. 14,91,63,666.00/-. The bid capacity required includes Earnest Money of Rs. 14,91,636.00/- and a Security Deposit of 5% of the estimated cost, which is Rs. 74,58,133.00/-. Therefore, the bid capacity required can be calculated as Earnest Money: Rs. 14,91,636.00/- and Security Deposit: Rs. 74,58,133.00/-.