HLL Lifecare Limited Tender

Class-I and Class-II Local suppliers are eligible to bid.

To determine the bid capacity required, we look at the conditions provided. The bidder should have completed at least one similar work costing not less than Rupees 111.1 Lakhs (50% of the estimated cost) or at least one similar work costing not less than Rupees 177.8 Lakhs (80% of the estimated cost). Additionally, the bidder should have an available un-utilized Credit Limit of at least 20% of the estimated cost put to tender. Given that 50% of the estimated cost equals Rupees 111.1 Lakhs, we can infer the estimated cost is Rupees 222.25 Lakhs. Thus, 20% of the estimated cost would be (20/100) * 222.25 Lakhs = Rupees 44.45 Lakhs. The formulas provided are: - 50% of the estimated cost = Rupees 111.1 Lakhs - 80% of the estimated cost = Rupees 177.8 Lakhs - Credit Limit requirement can be represented as: Credit Limit ≥ 0.20 * Estimated Cost Given the estimated cost is Rupees 222.25 Lakhs, the Credit Limit should be at least 0.20 * 222.25 = Rupees 44.45 Lakhs. Therefore, the bid capacity required includes: 1. Completion of at least one similar work costing not less than Rupees 111.1 Lakhs or Rupees 177.8 Lakhs. 2. An available un-utilized Credit Limit of at least Rupees 44.45 Lakhs. Formulas: - Credit Limit ≥ 0.20 * Estimated Cost - Estimated Cost = Rupees 222.25 Lakhs - Minimum similar work cost = Rupees 111.1 Lakhs or Rupees 177.8 Lakhs - Minimum Credit Limit = Rupees 44.45 Lakhs