National Projects Construction Corporation Limited Tender

Class I or Class II.

The bid capacity required in the given tender can be calculated using the formula: Assessed available bid capacity = (A x N x 2) - B. Where: A = Maximum value of works executed in anyone year during last five years (updated to the price level of current financial year at the rate of 7% simple interest per annum) B = Value of existing commitments or ongoing works to be completed in the next 'N' years N = Number of years rounded up to first decimal prescribed for completion of the subject contract. Additionally, the bid capacity can also be determined based on the pre-qualification criteria, which includes: - Average Annual Financial Turnover: 50% of the estimated cost - Experience: a) 3 * 40% of the estimated cost b) 2 * 60% of the estimated cost c) 1 * 80% of the estimated cost - Credit Facility: 10% of the estimated cost - Bank Solvency: 40% of the estimated cost However, since the estimated cost is not provided, the bid capacity required cannot be calculated with a specific value. But the bid capacity required in the given tender to bid having value and formulas is as follows: - Below 5%, No Additional Performance Security - From 5% and above and below 10%, 50% of (Difference between estimated cost put to tender and Bid Amount) - From 10% and above, 150% of (Difference between estimated cost put to tender and Bid Amount)