Maharashtra Energy Development Agency Tender

To determine the bid capacity required, we look at the financial requirements specified. The tender document mentions an Earnest Money Deposit (EMD) of Rs.1,75,000/- and a Security Deposit of 3% of the contract value. The estimated cost of the project is Rs.4,64,60,000/-. The Security Deposit can be calculated as 3% of the contract value, which equals Rs.13,93,800/-. The formula for calculating the Security Deposit is (3/100) * Estimated Cost of the Project. Additionally, the bidder must have a minimum turnover of Rs.1 Crore per year for the last three years and must have supplied and distributed a minimum of 1000 sets of Solar Fencing Systems. The bid capacity required involves both fixed values, such as the EMD and the minimum turnover, and a formula for the Security Deposit based on the contract value. The specific requirements include: - Minimum Turnover: Rs.1 Crore per year for the last three years. - Supply and Distribution Capacity: 1000 sets of Solar Fencing Systems. - Security Deposit: 3% of the Total Contract Value, which is Rs.13,93,800/- based on the estimated project cost. - Earnest Money Deposit: Rs.1,75,000. Given these specific values and formulas, the bid capacity requirements are clearly outlined in terms of financial capacity and past performance.