Local Self Government Department Tender

To determine the bid capacity required, specific details within the tender documents outlining necessary qualifications, financial capabilities, or other requirements are needed. However, the provided information does mention certain financial security requirements. The bid capacity required is mentioned in terms of Performance Guarantee and Performance Security Deposit. The Performance Guarantee is 5% of the contract amount, with at least 50% needing to be in the form of Treasury Fixed Deposit, and the rest can be in the form of a bank guarantee. The Performance Security Deposit is 2.5% of the value of work done, deducted from the running bills. Thus, the formulas for calculating the bid capacity required are: - Performance Guarantee: 5% of contract amount - Performance Security Deposit: 2.5% of the value of work done These values indicate the bid capacity required in terms of financial security to participate in the tender.