Public Works Department Tender

To determine the bid capacity required, we look at the criteria that dictate how a bidder's experience and financial capabilities are evaluated. The tender document outlines specific requirements for bidders, including demonstrating technical capacity through work experience and providing completion certificates from clients. The key points related to bid capacity and evaluation include work experience, completion certificates, the value of executed works, joint venture experience, foreign experience, bid fee and earnest money, and performance guarantee. However, a specific formula for calculating the bid capacity is not explicitly mentioned. Given the information, the bid capacity required involves providing detailed financial and technical information, as well as executing a certain value of civil engineering works. The bid capacity can be determined by the following: - Three similar works each costing not less than ₹11.27 Crore (40% of the estimated cost of the project) - OR - Two similar works each costing not less than ₹14.09 Crores (50% of the estimated cost of the project) - OR - One similar work costing not less than ₹22.54 Crore (80% of the estimated cost of the project) Additionally, the bidding capacity of the contractor should be equal to or more than the estimated cost of the work put to tender, calculated using the formula: Bidding Capacity = {[AxNx3]-B}, where A is the maximum turnover in construction works, N is the number of years prescribed for completion of work, and B is the value of existing commitments. The bidder must also demonstrate that its financial resources equal to 25% of the estimated cost put to bid. The answer to the query regarding the extraction of bid capacity required in the given tender, having value and formulas, is found in the provided information.