Municipal Corporation Tender

Class B

To determine the bid capacity required, we look at the financial and technical requirements specified. The bid capacity is calculated using the formula: Available bid capacity = (A x N x 2) – B, where A is the average value of civil engineering works executed over the last five years, B is the value of existing commitments and ongoing works, and N is the number of years prescribed for completion of the works. Additionally, the eligibility criteria specify that the contractor should have experience in similar building construction work with a minimum value related to the estimated cost put to tender. The estimated cost put to tender is Rs. 4,05,37,856.87, and the bid capacity required can be calculated as follows: - For a single work: 80% of the estimated cost = Rs. 3,24,30,285.00 - For two works: 50% of the estimated cost = Rs. 2,02,68,928.44 - For three works: 40% of the estimated cost = Rs. 1,62,15,142.75 The contractor should also have an average annual turnover in the last three financial years of more than 30% of the estimated cost, which is Rs. 1,21,61,357.26. Therefore, the bid capacity required is: - Single work: Rs. 3,24,30,285.00 - Two works: Rs. 2,02,68,928.44 - Three works: Rs. 1,62,15,142.75 - Average annual turnover: more than Rs. 1,21,61,357.26