Bridge And Roof Company India Limited Tender

Class-I local supplier

The bid capacity required in the given tender can be calculated using the formula: Bidding Capacity = [ { A x N x 1.5 } - B ] Where, A = Maximum turnover in construction works executed in any one year during the last 05 (Five) years, N = Number of years prescribed for completion of work for which bids have been invited, which is 2, B = Value of existing commitments and ongoing works to be completed during the period of completion of work for which bids have been invited. Alternatively, the bid capacity required can also be determined based on the work experience of the bidder, which includes: (i) 01 (One) Similar Completed Work costing not less than 80% of the estimated cost put to tender i.e. Rs.5.28 Cr. OR, (ii) 02 (Two) Similar Completed Works each costing not less than 50% of the estimated cost put to tender i.e. Rs. 3.30 Cr. OR, (iii) 03 (Three) Similar Completed Works each costing not less than 40% of the estimated cost put to tender i.e. Rs. 2.64 Cr. Another value for bid capacity is Rs. 6,60,50,000.00, which is the Estimated Cost of Work calculated using the Earnest Money Deposit (EMD) formula: EMD = 0.02 * Estimated Cost of Work, given EMD = Rs. 13,21,000.00.