Northern Railway Tender

To determine the bid capacity, we look at the financial criteria provided. The tender requires a minimum average annual contractual turnover of V/N or V, whichever is less, where V is the advertised value of the tender and N is the number of years prescribed for completion of the work. Given that the advertised value (V) is 26,340,910.12 Rupees and the period of completion (N) is 6 months, or 0.5 years, we can calculate the minimum average annual contractual turnover required. First, calculate V/N: V = 26,340,910.12 Rupees N = 0.5 years V/N = 26,340,910.12 / 0.5 = 52,681,820.24 Rupees Since V (26,340,910.12 Rupees) is less than V/N (52,681,820.24 Rupees), the minimum average annual contractual turnover required is V, which is 26,340,910.12 Rupees. Therefore, the bid capacity required, including the value, is 26,340,910.12 Rupees, with the formula being the minimum of V or V/N.