Bridge And Roof Company India Limited Tender

Class-I Local Supplier and Class-II Local Supplier are the eligible classes for preference, with specific local content requirements.

To determine the bid capacity, the bidder must meet specific financial criteria, including an Average Annual Financial Turnover of not less than Rs. 0.45 Crore for the last 3 years and a positive net worth during those years. Additionally, the bidder must submit a photocopy of the Audited Balance Sheet for the last 3 years and a Bank Solvency Certificate not more than 3 months old from the last date of bid submission. The bid capacity can also be determined by the bidder's ability to execute similar works, with options including: - One Similar Completed Work costing not less than Rs. 1.20 Crore, - Two Similar Completed Works each costing not less than Rs. 0.75 Crore, - Three Similar Completed Works each costing not less than Rs. 0.60 Crore. Furthermore, the value of executed works can be adjusted to the current costing level by enhancing the actual value of work at a simple rate of 7% per annum. For running works, the executed value should not be less than 80% of the total work. A formula to calculate the bid capacity can be inferred as Bid Capacity ≥ 0.8 * Total Work, where Total Work is the total value of the work as per the schedule of quantities and rates. For example, if the total work is ₹ 6,09,000.00, then the bid capacity required would be Bid Capacity ≥ ₹ 4,87,200.00. However, the exact formula for calculating the bid capacity is not explicitly mentioned in all cases, and the provided information focuses on the financial and technical capabilities of the bidder, including the requirement for an Estimated cost put to Tender and the submission of the lowest competitive rates. Given the varying details across the provided information, the bid capacity required in the tender involves meeting specific financial and technical criteria, with an emphasis on the bidder's ability to execute works of a certain value and their current financial standing.