Water Corporation Of Odisha Tender

The class eligibility requirement to bid or participate in this tender is "A" Class Contractors license/ "A" Class Contractor. However, for specific works, the requirement is "Special” Class or “Super” Class Contractor.

The bid capacity required in the given tender can be calculated using the formula: Assessed Available Bid Capacity = (A*N*2-B) ≥ Rs.566.09 Lakh, where N = 1 Year. This can be simplified to: Assessed Available Bid Capacity = (A*1*2-B) ≥ Rs.566.09 Lakh Or, Assessed Available Bid Capacity = (2A-B) ≥ Rs.566.09 Lakh. The values of A and B are not provided, but the formula is given as (A*1*2-B) with the condition that the Assessed Available Bid Capacity should be ≥ Rs.566.09 Lakh. Additionally, the annual financial turnover required is 40% of the estimated cost. For "Special" or "Super" Class Contractors: 40% of Rs.2175.77 Lakh = Rs.870.31 Lakh. For "A" Class Contractors: 40% of Rs.566.1 Lakh = Rs.226.44 Lakh. Formulas for calculating the required bid capacity based on the provided information are not directly applicable, but the estimated costs and annual financial turnovers can be calculated as follows: 1. Estimated Cost for "Special" or "Super" Class = Rs.652.73 Lakh / 0.3 = Rs.2175.77 Lakh 2. Estimated Cost for "A" Class = Rs.169.83 Lakh / 0.3 = Rs.566.1 Lakh 3. Annual Financial Turnover for "Special" or "Super" Class = Estimated Cost * 0.4 = Rs.870.31 Lakh 4. Annual Financial Turnover for "A" Class = Estimated Cost * 0.4 = Rs.226.44 Lakh Given values are: - For "Special" or "Super" Class: Rs.652.73 Lakh (30% of estimated cost) and Rs.870.31 Lakh (40% of estimated cost for annual turnover). - For "A" Class: Rs.169.83 Lakh (30% of estimated cost) and Rs.226.44 Lakh (40% of estimated cost for annual turnover). However, the direct bid capacity calculation formula provided is (A*N*2-B), and the required bid capacity is ≥ Rs.566.09 Lakh.