Mineral Exploration Corporation Limited Tender

To determine the bid capacity required, we look at the estimated bid value and past experience requirements. The estimated bid value is 50981196.8. For past experience, bidders must have completed similar services with specific cost requirements: three services at 40% of the estimated cost, two services at 50%, or one service at 80%. Calculating these values gives us: 1. 40% of 50981196.8 = 20392478.72 2. 50% of 50981196.8 = 25490598.4 3. 80% of 50981196.8 = 40784957.44 Thus, the bid capacity in terms of past experience is: - Three similar services: at least 20392478.72 each - Two similar services: at least 25490598.4 each - One similar service: at least 40784957.44 Additionally, the bid capacity includes financial requirements such as the EMD amount of 509812 and the ePBG percentage of 3.00% of the order value for 14 months. The ePBG amount can be calculated as: ePBG Amount = Estimated Bid Value * ePBG Percentage Given the estimated bid value of 50981196.8 and an ePBG percentage of 3.00%, the ePBG amount would be: ePBG Amount = 50981196.8 * 0.03 = 1529435.904 The eligibility based on past experience can be determined by the formula: Eligibility = (Cost of Similar Service / Estimated Cost) >= specified percentage (0.4, 0.5, or 0.8) Therefore, the bid capacity required includes both financial and experiential components, with specific values and formulas provided for calculation.