Public Works Department Tender

The bid capacity required in the given tender can be calculated using the formula: Assessed available bid capacity = (A X N X 2) - B. Where: A = Maximum value of Annual Turnover executed in any one year during the last Five years (updated to 2024-25 price level) N = Number of years prescribed for completion of the work for which bids are invited (18 months for calculation of Bid Capacity) B = Value of existing commitments and on-going works to be completed during the next 18 months. The value of bid capacity required to bid is Rs. 700.18 Lakhs. Available bid capacity should be more than the total bid value to qualify. The bidder needs to calculate the maximum value of their annual turnover in any one year during the last five years, update it to the 2024-25 price level, and then multiply it by the number of years prescribed for completion of the work and 2. The result is then subtracted by the value of B to get the assessed available bid capacity. Additionally, the bidder shall upload QR based Bid Capacity Certificate downloaded on or before two days of submission from Portal. If this bid capacity Certificate is not uploaded then tender shall be treated as non-responsive. To qualify for the award of the contract, each tenderer should have achieved a maximum annual financial turnover (in all classes of civil engineering construction works only) in the last five years, at a price level of 2024-25, not less than 75% of the annual cost of the work. The maximum annual financial turnover should amount to Rs. 350.09 Lakhs. The annual cost is calculated using the given maximum annual financial turnover: Annual Cost = Maximum Annual Financial Turnover / 0.75 Annual Cost = 350.09 Lakhs / 0.75 Annual Cost = 466.12 Lakhs The tender cost is calculated using the given work-wise costs: Tender Cost = Work-wise Cost / Percentage For option 1: Tender Cost = 280.07 Lakhs / 0.4 Tender Cost = 700.18 Lakhs For option 2: Tender Cost = 350.09 Lakhs / 0.5 Tender Cost = 700.18 Lakhs For option 3: Tender Cost = 560.14 Lakhs / 0.8 Tender Cost = 700.18 Lakhs The formulas for calculating the bid capacity required are: 1. Maximum Annual Financial Turnover = 75% of Annual Cost 2. Annual Cost = Maximum Annual Financial Turnover / 0.75 3. Tender Cost = Work-wise Cost / Percentage The values required for the bid capacity are: - Maximum Annual Financial Turnover: Rs. 350.09 Lakhs - Annual Cost: Rs. 466.12 Lakhs - Tender Cost: Rs. 700.18 Lakhs The bid capacity required to bid is Rs. 700.18 Lakhs.