Indian Army Tender

The bid capacity required to bid is 3% of the bid value as Earnest Money Deposit (EMD) and 3% of the total cost value as Performance Security. The formulas for calculating these are: EMD = 3% of Bid Value Performance Security = 3% of Total Cost Value For the given estimated cost of work (Rs 14,20,000/-), the EMD would be 3% of the bid value, and the Performance Security would be 3% of the total cost value of the contract. To calculate the exact values: EMD = 3% * Bid Value Performance Security = 3% * Total Cost Value Given the estimated cost of work is Rs 14,20,000/-, if we consider this as the bid value for calculation purposes, EMD = 3% * 14,20,000 = Rs 42,600 Performance Security = 3% * 14,20,000 = Rs 42,600 Thus, the bid capacity required includes the financial capability to cover the EMD of Rs 42,600 and the Performance Security of Rs 42,600, based on the estimated cost of work.