Roads And Buildings Department Tender

Registration Certificate of Appropriate Class and Registration Certificate of Class- "A" with Special Road Category-III & Above are required.

To determine the bid capacity required, we look for specific details that outline the necessary bid security or other financial requirements. One key point related to bid capacity and financial requirements is the Bid Security (EMD), which is equal to 1% of the Estimated Amount put to bid/tender and should be rounded off to the next thousand rupees. This implies a formula for calculating the EMD: `EMD = 1% of Estimated Amount`, which then needs to be rounded to the nearest thousand. Another formula provided is `Assessed Available Bid Capacity = (A*N*2-B)`, where: - `A` = Maximum value of work executed in any one year during the last five years (updated to the price level of the year indicated in appendix) - `B` = Value at current price level of the existing commitments and ongoing works to be completed during the next (period of completion of work for which bids are invited) - `N` = Number of years prescribed for completion of the works for which the bids are invited. Given these formulas, the bid capacity required in the given tender to bid, having value and formulas, can be calculated using the provided formulas. Therefore, the bid capacity required can be determined by the formulas provided, specifically `EMD = 1% of Estimated Amount` for the bid security and `Assessed Available Bid Capacity = (A*N*2-B)` for the assessed available bid capacity.