Western Coalfields Limited Tender

Class-I local supplier and Class-II local supplier.

To determine the bid capacity required, we look at the criteria evaluating a bidder's eligibility based on their experience and the value of the work they have completed. 1. Calculation of Qualifying Experience Value: The value of each qualifying experience is calculated by multiplying the value with the % share of experience and adding 5% for each completed year after the end date of the experience until the last date of the month previous to the NIT publication date. 2. Eligibility Criteria: - The system checks if the experience with the highest value exceeds 80% of the Estimated Contract Value (ECV). - If not, it checks if the top 2 experiences each exceed 50% of the ECV. - If still not met, it checks all 3 qualifying experiences to see if each exceeds 40% of the ECV. Given this information, the bid capacity required in terms of value and formulas can be summarized as follows: - Value Calculation Formula: Value of Experience = (Original Value of Experience * % Share of Experience) + (5% * Number of Completed Years After Experience End Date) - Eligibility Thresholds: 1. Highest Value Experience > 80% of ECV 2. Top 2 Experiences > 50% of ECV each (if the first condition is not met) 3. All 3 Experiences > 40% of ECV each (if the first two conditions are not met) Therefore, the bid capacity required to bid involves demonstrating experience in similar works with values that meet these specific thresholds relative to the Estimated Contract Value (ECV) of the tender.