National Highways And Infrastructure Development Corporation Limited Tender

The bid capacity required in the given tender can be calculated using the formula: Available Bid capacity = (A * N * 2.5 - B) Where: A = Maximum value of civil engineering works executed in any one year during the last three years N = Number of years prescribed for completion of the works for which bid is invited B = Value of existing commitments and on-going works to be completed during the next 12 months The bidder needs to provide the details of A, N, and B to calculate the available bid capacity. The available bid capacity should be more than the total bid value for the bidder to be qualified. Additionally, the bidder must meet the requirements of: - Minimum average annual turnover of Rs. 6,75,26,427/- - Completion of similar works with values as specified: - Single Work of Rs. 3,37,63,214/- (minimum 50% of estimated cost of work) - Or Two similar works each of Rs. 2,36,34,250/- (minimum 35% of estimated cost of work) - Or Three similar works each of Rs. 1,68,81,607/- (minimum 25% of estimated cost of work)