Mumbai Metropolitan Region Development Authority Tender

The bid capacity required in the given tender to bid having value and formulas is as follows: 1. At least one similar completed work/service costing not less than an amount equal to 80% of the estimated cost of Rs. 19,10,78,010/-. 2. At least two similar completed works each costing not less than an amount equal to 50% of the estimated cost of Rs. 11,94,23,756/-. 3. At least three similar completed works each costing not less than an amount equal to 40% of the estimated cost of Rs. 9,55,39,005/-. Formulas are: - 80% of the estimated cost for one work - 50% of the estimated cost for two works - 40% of the estimated cost for three works Additionally, the bid capacity required includes: - Average annual financial turnover of at least 30% of the estimated cost of Rs. 7,16,54,254, which is Rs. 2,14,96,276.2. - Positive net worth in the last three financial years. - Solvency Certificate of 20% of the estimated cost of Rs. 7,16,54,254, which is Rs. 1,43,30,850.8. Formulas: - Average annual financial turnover = (Total turnover of last three years) / 3 - Total turnover of last three years = Turnover of FY 2021-22 + Turnover of FY 2022-23 + Turnover of FY 2023-24 Also, the Earnest Money Deposit (EMD) is 2% of the estimated cost, which is Rs. 47,76,950/-, and the Performance Security required is 5% of the Contract Price. Formulas: - EMD = 2% of estimated cost - Performance Security = 5% of Contract Price Values are: - EMD = Rs. 47,76,950/- - Performance Security = 5% of Contract Price (actual value not provided)