Directorate Of Municipal Administration Tender

The bid capacity required in the given tender can be calculated using the formula: Assessed Available Bid Capacity = (A x N x 2.0) - B Where: A = Maximum value of Civil Engineering Works executed in any one year during the last Five years (updated to 2021-2022 price level) N = Number of years prescribed for completion of the works for which tenders are invited B = Value at 2024-25 price level of existing commitments and on-going works to be completed during the next 12 months. Bidders who meet the minimum qualification criteria will be qualified only if their available bid capacity is more than the total bid value. The tender also specifies other requirements, including earnest money, security deposit, and performance security deposit, with specific formulas for each. However, the exact bid capacity required cannot be calculated without specific numbers for the contractor's past performance. The provided information includes the following values: 1. Earnest Money: Rs. 7,87,828.00 (minimum) 2. Security Deposit: 10% of the amount put to tender - 2% to be deposited within 10 days of acceptance of tender - 7% to be recovered through running account bills 3. Performance Security Deposit (if the offer is lower than the estimated amount put to tender): - 1% of the estimated amount put to tender (if the contractor's offer is up to 10% below the amount put to tender) - 1% plus the percentage by which the tender offer is more than 10% below the amount put to tender (if the contractor's offer is more than 10% below the amount put to tender) Formulas: - Performance Security Deposit = 1% of the estimated amount put to tender (for bids up to 10% below the amount put to tender) - Performance Security Deposit = (percentage by which the tender offer is more than 10% below the amount put to tender) + 1% (for bids more than 10% below the amount put to tender)