Rural Development Department Tender

To determine the bid capacity required, specific details within the provided context that relate to the financial or quantitative capacity a bidder must have to participate in the tender need to be identified. The bid capacity can often be inferred from requirements such as the earnest money deposit, the cost of the tender form, the class of contractor, and any specific financial or technical capabilities mentioned. However, the provided context does not include a specific formula or a detailed, quantifiable measure of "bid capacity" beyond general requirements and conditions related to contract value and claims. Given the information and the specific request for "value and formulas," the most direct answer related to bid capacity would be based on the security deposit and earnest money deposit requirements. The security deposit is calculated as follows: - Up to 1.50 Crore estimated amount: 2% of estimated cost - Above 1.50 Crore estimated amount: 1% of estimated cost Additionally, there is an additional security deposit for tenders accepted at rates lower than the estimated cost: - For offers up to 10% below: 1% - For offers 10% to 15% below: 5% (on the amount between 10% and 15% below) - For offers more than 15% below: 2% (on the amount below 15%) The earnest money deposit amount is to be in accordance with the provisions, but the exact percentage or amount is not specified. Therefore, the bid capacity required can be summarized as follows: - Initial Security Deposit: 2% or 1% of the estimated cost, depending on the estimated amount - Additional Security Deposit: varies based on the percentage below the estimated cost (1%, 5%, or 2% on the respective amounts below the estimated cost) Since specific formulas and values are provided for calculating the security deposit based on the estimated cost and the discount offered, the answer is found within the given context. Answer: - Initial Security Deposit: 2% or 1% of the estimated cost, depending on the estimated amount - Additional Security Deposit: varies based on the percentage below the estimated cost (1%, 5%, or 2% on the respective amounts below the estimated cost)