Rural Development Department Tender

To extract the bid capacity required in the given tender, we can look at the provided formulas and requirements. The bid capacity can be calculated using the formula: Assessed Available Bid Capacity = (A * N * 2) - B Where: A = Maximum value of works executed in any one year (updated to the current price level) B = Value at current price level of the existing commitments and ongoing works to be completed during the time period stipulated in the contract data N = Number of years prescribed for completion of the works for which the bids are invited (for work completion period less than one year, the value may be taken as one year) Additionally, the bidder must secure at least 80% of the total bid capacity (100) to qualify, which can be calculated as: Minimum Qualifying Bid Capacity = 0.8 * Total Bid Capacity Requirement = 0.8 * 100 = 80 The Earnest Money Deposit (EMD) is calculated as 1% of the estimated cost put to tender, and the Additional Performance Security is calculated based on the difference between the estimated cost and the bid amount. Therefore, the bid capacity required in the given tender can be calculated using the provided formulas, and the minimum qualifying bid capacity is 80. The formulas for calculating the bid capacity required are: 1. Assessed Available Bid Capacity = (A * N * 2) - B 2. Minimum Qualifying Bid Capacity = 0.8 * 100 = 80 3. EMD = 1% of the estimated cost put to tender 4. Additional Performance Security: - For differences < 5%: 0 - For 5% ≤ difference < 10%: 50% of (estimated cost - bid amount) - For difference ≥ 10%: 150% of (estimated cost - bid amount) Answer: FOUND Bid Capacity Requirement = (A * N * 2) - B, where A, B, and N have specific meanings as defined, and Minimum Qualifying Bid Capacity = 80.