National Aluminium Company Limited Tender

The bid capacity required in the given tender is defined by two main criteria: 1. Financial Capacity: The bidder must have a minimum average annual turnover of 5.6 million for the last 3 years. 2. Experiential Capacity: The bidder should have 7 years of experience in providing similar services. Additionally, there are specific requirements related to completed services, such as: - Three similar completed services costing not less than 40% of the estimated cost. - Two similar completed services costing not less than 50% of the estimated cost. - One similar completed service costing not less than 80% of the estimated cost. Formulas mentioned include a 25 percent increase or decrease in contract quantity or duration and an 18% GST rate, where the total price for the contract should be inclusive of GST @ 18%. The estimated bid value is 43770025.8, but it does not impact the bid participation or the price to be quoted by the bidders.