Uttar Haryana Bijli Vitran Nigam Limited Tender

There are multiple formulas for bid capacity mentioned, but none of them are consistently defined across all sources. One formula is: Bidding capacity = [A X N X 2] - B Where: • A: Maximum annual turnover in last 5 FYs • N: Years prescribed for work completion under tender (standardized to 3) • B: Value of existing commitments & ongoing works for which LOI/LOA have been issued, plus commitments on account of any L1 declaration as part of the DISCOM tender opening. Another formula is: Bid Capacity = Grand Total of A & B Where: A = Value of existing commitments & ongoing works for which LOI/LOA have been issued B = Commitments on account of any L1 declaration as part of the DISCOM tender opening And A is calculated as the sum of Balance Current Commitment for each contract. A third representation of bid capacity is given as a set of conditions: - For one contract: C ≥ 0.7E - For two contracts: C1 + C2 ≥ 0.8E - For three contracts: C1 + C2 + C3 ≥ 0.9E Where: - E: The estimated amount of the project - C: The cost of each contract - N: The number of contracts (which can be 1, 2, or 3) However, no single, unified formula for bid capacity is consistently defined across all sources.