Municipal Corporation Tender

The bid capacity required in the given tender includes: 1. Solvency certificate of value not less than Rs. 52,50,000/- 2. Average annual financial turnover during the last 3 years of at least Rs. 78,75,000/- 3. Guaranteed annual performance ratio (PR) based on design proposed, calculated as: R = Ereal / G tilt X (Apv x ɳSTC) where: Ereal = Total Electrical Energy (KWh) in inverter Output per year G tilt = Total global solar irradiation sums on tilted plane (KWh/m²) Apv = Total Area of modules of plant ɳSTC = Module efficiency at STC The PR should be at least 78% to be considered responsive. Additionally, the bid capacity required includes: - The bidding company must have completed one plant of similar type (grid interactive rooftop solar photovoltaic system) of capacity not less than 20 KW peak. - The bidder must have experience of having successfully completed similar work during the last 7 years, with options including: - Three similar works having work order capacity not less than 200 KW each - Two similar works having work order capacity not less than 250 KW each - One similar work completed having work order capacity not less than 400 KW Formulas for calculating the Additional Performance Security are: i. If the bid price is lower than 15% but up-to 20% of the Estimated Project Cost, then the Additional Performance Security shall be calculated @20% of the difference. ii. If the bid price is lower than 20% of the Estimated Project Cost, then the Additional Performance Security shall be calculated @30% of the difference. The formulas are: i. 20% of [(a) Estimated Project Cost - 10% of Estimated Project Cost] - (b) Bid Price] ii. 30% of [(a) Estimated Project Cost - 10% of Estimated Project Cost] - (b) Bid Price] The Average Annual Turnover can be calculated as: Average Annual Turnover = (Total Turnover for last 3 years) / 3 Where Total Turnover for the last 3 years is the sum of the turnover for each of the last 3 years.