Maharashtra Airport Development Company Limited Tender

The bid capacity required in the given tender can be calculated using the formula: Available Bid Capacity = (A x N x 2.5) – B Where: A = Maximum value of Civil Engineering works executed in any one year during the last 3 years (updated to the current year by a factor of escalation of 8% per year) B = Value of existing commitments and works (Ongoing) to be completed in the period stipulated for completion of work in present tender N = Number of years prescribed for completion of work for which bids are invited. Additionally, there are formulas for adjusting changes in cost due to various components, including: I. Labour Component (V1) - V1 = K1 x (C1 - C0) II. Material Component (V2) - V2 = 0.85 x (P-Cost of Base Materials) x K2 x (I1 – I0) / 100 III. Petrol, Oil & Lubricant Component (V3) V3 = 0.85 x (P-Cost of Base Materials) x K3 x (P1 – P0) / P0 IV. Bitumen Component (V6) - V6 = QB x (B1 – BO) These formulas provide a basis for calculating the bid capacity and adjusting for changes in cost.