Defence Research And Development Organisation Tender

The class eligibility requirement to bid or participate in this tender is Class-1(Super) Unlimited to Class - II Upto 5 Crores and above.

The bid capacity required in the given tender to bid is mentioned in terms of Earnest Money Deposit (EMD) and can be calculated using the following formula: EMD = Rs. 7,68,730.00 + (2% of estimated cost if it's up to Rs. 10 crores) or (Rs. 20.00 lakhs + 1% of estimated cost if it exceeds Rs. 10 crores) For the given estimated cost of work (Rs. 384.36 Lakhs), the EMD can be calculated as follows: EMD = Rs. 7,68,730.00 + (2% of Rs. 3,84,36,000) EMD = Rs. 7,68,730.00 + Rs. 7,68,720 However, the EMD is given as Rs. 7,68,730.00. Additionally, the bidding capacity can also be calculated using the formula: Bidding Capacity = [A x N x 2] - B Where, A = Maximum value of construction works executed in any one year during the last five years taking into account the completed as well as works in progress. N = Number of years prescribed for completion of work for which this bid has been invited. B = Value of existing commitments and ongoing works to be completed during the period of completion of work for which this bid has been invited. The bidding capacity of the contractor obtained from the above formula should be equal to or more than the estimated cost of the work put to tender, which is Rs. 384.36 Lakhs.