Department Of Post Tender

The bid capacity required to bid on the given tender can be extracted as follows: 1. Average Annual Financial Turnover: The bidder should have an average annual financial turnover (gross) of 50% of the Estimated Cost (EC) on Civil construction work during the last three consecutive financial years. Formula: Average Annual Financial Turnover = (Total Turnover of last 3 years) / 3 Minimum Average Annual Financial Turnover = 0.5 * EC Given the Estimated Cost (EC) is Rs. 2,01,40,563, Minimum Average Annual Financial Turnover = 0.5 * 2,01,40,563 = Rs. 1,00,70,281.5 2. Solvency Certificate: The bidder should produce a solvency certificate of 40% of the Estimated Cost (EC) from any scheduled bank. Formula: Solvency Certificate = 0.4 * EC Given the Estimated Cost (EC) is Rs. 2,01,40,563, Solvency Certificate = 0.4 * 2,01,40,563 = Rs. 80,56,225.2 3. Experience: The bidder should have satisfactorily completed similar works of a certain magnitude during the last seven years. Criteria for eligibility: - Three similar completed works each costing not less than 40% of the Estimated Cost (EC). - Two similar completed works each costing not less than 60% of EC. - One similar completed work each costing not less than 80% of EC. Given the Estimated Cost (EC) is Rs. 2,01,40,563, - Three similar completed works each costing not less than 0.4 * 2,01,40,563 = Rs. 80,56,225.2 - Two similar completed works each costing not less than 0.6 * 2,01,40,563 = Rs. 1,20,84,337.8 - One similar completed work each costing not less than 0.8 * 2,01,40,563 = Rs. 1,61,12,450.4 These values represent the bid capacity required to bid on the given tender.