Department Of Atomic Energy Tender

Class-I local supplier or Class-II local supplier.

The bid capacity required to bid for the given tender includes specific values and formulas. 1. Financial Turnover: The average annual financial turnover (gross) should be Rs. 8.90 Cr. during the last three consecutive financial years, calculated as (Total turnover for 3 years) / 3. 2. Loss Calculation: The applicant should not have incurred any loss in more than two years during the last five consecutive immediate financial years. 3. Solvency: The solvency should be Rs. 3.56 Cr., certified by the banker and not older than 1 year from the last date of submission of tenders. Additionally, for similar works, the requirements are: - Two similar works each value not less than Rs. 5.34 Cr. (60% of estimated cost put to tender) - OR - Three similar works each value not less than Rs. 3.56 Cr. (40% of estimated cost put to tender) Bidding Capacity can also be determined by the formula: Bidding Capacity = [A x N x 2] – B Where, A = Maximum Value of similar works executed in any one year during the last five years. N = number of years prescribed for completion of work. B = Value of existing commitments and ongoing similar works to be completed during the period of completion of work. Therefore, the bid capacity required for the tender involves both specific financial and solvency requirements and the ability to execute similar works as defined by the provided formulas and values.