Directorate General Of Shipping Tender

To extract the bid capacity required in the given tender, we look at the financial and experiential requirements. The financial requirement specifies a minimum average annual turnover of 100 Lakh (Rupees) over the last three years. The experiential requirement includes 5 years of experience in similar services, with specific cost-related criteria for past projects: - Three similar completed services costing not less than 40% of the estimated cost. - Two similar completed services costing not less than 50% of the estimated cost. - One similar completed service costing not less than 80% of the estimated cost. Given an estimated bid value of 21666100, we can calculate the experience criteria as follows: - 40% of the estimated cost: 0.4 * 21666100 = 8666440 - 50% of the estimated cost: 0.5 * 21666100 = 10833050 - 80% of the estimated cost: 0.8 * 21666100 = 17332880 Thus, the bid capacity required includes: - Financial Capacity: Minimum average annual turnover of 100 Lakh (Rupees) over the last three years. - Experiential Capacity: 5 years of experience in similar services, with specific cost-related criteria for past projects, such as the ability to execute projects of values like 8666440, 10833050, or 17332880, depending on the number of similar projects completed.