Tourism And Cultural Affairs Department Tender

To determine the bid capacity required, we can look at the financial and technical eligibility criteria provided. 1. Financial Eligibility Criteria: - Turnover: The minimum average turnover required is Rs. 72 Crore, calculated as 3 times the Estimated Project Cost of Rs. 24 Crore. - Net Worth OR Cash & Cash Equivalent: The minimum Net Worth OR Cash & Cash Equivalents required is Rs. 6 Crore, calculated as 25% of the Estimated Project Cost of Rs. 24 Crore. 2. Technical Eligibility Criteria: - For Category A (Hospitality Developers), the development of Hospitality Projects with a cumulative room count of at least 180 rooms is required. - For Category B (Other Real Estate & Infrastructure Developers), the development of other Real Estate & Infrastructure Projects with a cumulative project cost of at least Rs. 72 Crore is required. Formulas for calculation: - Turnover requirement = 3 * Estimated Project Cost for development - Net Worth/Cash & Cash Equivalent requirement = 0.25 * Estimated Project Cost for development - Cumulative room count for Category A = 3 * Envisaged room count of the project (assuming the envisaged room count is 60 for the minimum requirement, as 3*60 = 180) - Cumulative project cost for Category B = 3 * Estimated Project Cost for development Given the Estimated Project Cost is Rs. 24 Crore, the minimum infusion would be 10% of the Total Project Cost, and the maximum debt would be 80% of the Total Project Cost. However, the exact Total Project Cost is not provided, so the exact Bid capacity required in terms of minimum infusion and maximum debt cannot be determined. But based on the provided financial eligibility criteria, the bid capacity required can be determined as: - Minimum average turnover of Rs. 72 Crore - Minimum Net Worth OR Cash & Cash Equivalents of Rs. 6 Crore And technical eligibility criteria of: - Cumulative room count of at least 180 rooms for Category A - Cumulative project cost of at least Rs. 72 Crore for Category B Thus, the bid capacity required in the given tender to bid having value and formulas is found.