Western Railway Tender

The bid capacity required in the given tender involves two main criteria: Technical Eligibility and Financial Eligibility. For Technical Eligibility, the tenderer must have successfully completed or substantially completed specific categories of work(s) during the last 7 years, with the work values being: - Three similar works each costing not less than 30% of the advertised value of each component of the tender, - Two similar works each costing not less than 40% of the advertised value of each component of the tender, or - One similar work each costing not less than 60% of the advertised value of each component of the tender. For Financial Eligibility, the tenderer must have a minimum average annual contractual turnover of V/N or 'V' whichever is less, where: - V = Advertised value of the tender in crores of Rupees, - N = Number of years prescribed for completion of work for which bids have been invited. The formulas related to bid capacity are: - For Technical Eligibility: 30%, 40%, or 60% of the advertised value of each component of the tender. - For Financial Eligibility: V/N or 'V' whichever is less. However, a specific "bid capacity" formula directly linking these to a final bid capacity value isn't provided. Instead, the information focuses on the qualifications and experience required for a tenderer to be eligible. Given this, while specific formulas related to technical and financial eligibility are mentioned, they are not explicitly stated as the bid capacity formula. The closest related formula is the Minimum Average Annual Contractual Turnover = V/N or V, which is part of the financial eligibility criteria.