Municipal Corporation Tender

B class

To determine the bid capacity required, we look at the experience of work of similar nature during the last 5 years. The criteria include having completed works with specific cost values relative to the estimated tender cost. For an estimated tender cost of Rs. 2,50,00,000, the required bid capacity can be calculated as follows: 1. For one similar completed work: 80% of the estimated tender cost, which equals Rs. 2,00,00,000. 2. For two similar completed works: 50% of the estimated tender cost each, which equals Rs. 1,25,00,000 each. 3. For three similar completed works: 40% of the estimated tender cost each, which equals Rs. 1,00,00,000 each. Therefore, the bid capacity required can be summarized as: - At least one project with a value of Rs. 2,00,00,000 - At least two projects with a value of Rs. 1,25,00,000 each - At least three projects with a value of Rs. 1,00,00,000 each These values indicate the minimum experience and financial capacity a bidder must have to be eligible for the tender.