Baba Farid University Of Health Sciences Tender

The class eligibility requirement to bid or participate in this tender is that the contractor should have a registration of appropriate class with the construction departments of Government. However, the specific class is not mentioned.

The bid capacity required in the given tender can be calculated using the formula: Assessed Available Bid Capacity = (A * N * 2 - B), where A is the maximum value of Civil Engineering works executed in any one year, N is the number of years prescribed for completion of the project, and B is the value of existing commitments and on-going works. The values for A, N, and B are not explicitly provided, but the formula is applicable for works above Rs. 1.00 Crore. Additionally, the tender mentions financial requirements, including the minimum 80% value of one similar work (Rs. 2,05,83,269.00) and the minimum 50% value of two similar works (Rs. 1,28,64,543.00), but these are not directly related to the bid capacity calculation. However, the bid capacity required in terms of Earnest Money and Security Deposit is provided. The Earnest Money is Rs. 5,15,000, and the Security Deposit is 5% of the cost of the work, which is Rs. 2,57,29,086.00. The Security Deposit can be calculated as 0.05 * Cost of the work, and it is further divided into two parts: 3% for defects and short comings (Rs. 7,71,872.58) and 2% for winding up the contract (Rs. 5,14,581.72). The formulas for calculating the Security Deposit are: - Security Deposit = 0.05 * Cost of the work - Security Deposit for defects and short comings = 0.03 * Cost of the work - Security Deposit for winding up the contract = 0.02 * Cost of the work The value of the bid capacity required is Rs. 5,15,000 (Earnest Money) and the calculated Security Deposit (Rs. 12,86,454.30).