Odia Language Literature And Culture Department Tender

To determine the bid capacity required, we look at the financial and technical requirements. 1. Financial Turnover: The bidder must have an average annual turnover of at least 2.5 Crores for the financial years 2021-2022, 2022-2023, and 2023-2024. 2. Financial Net Worth: The bidder should have a positive net worth as on 31st March 2024. 3. Technical Capability: The bidder must have successfully completed similar projects with specific cost criteria: - Three similar projects costing each not less than 40% of the Estimated Project Cost (EPC); - Or two similar projects costing each not less than 60% of EPC; - Or one similar project costing each not less than 80% of EPC. Given the tender value is 5,80,000/-, we can calculate the required experience in similar projects based on the EPC as follows: - For three similar projects: Each project should be at least 40% of 5,80,000, so 0.4 * 5,80,000 = 2,32,000. - For two similar projects: Each project should be at least 60% of 5,80,000, so 0.6 * 5,80,000 = 3,48,000. - For one similar project: The project should be at least 80% of 5,80,000, so 0.8 * 5,80,000 = 4,64,000. Thus, the bid capacity required in terms of financial turnover, net worth, and technical capability can be summarized as follows: - Average annual turnover of at least 2.5 Crores for the specified years. - Positive net worth as of 31st March 2024. - Completion of similar projects with costs meeting the specified percentages of the tender's EPC (2,32,000 for three projects, 3,48,000 for two projects, or 4,64,000 for one project).