Department Of Food Civil Supplies And Consumer Affairs Tender

To determine the bid capacity required, we look at the experience and turnover criteria. The experience criteria are as follows: - Three similar completed services costing not less than 40% of the estimated cost, which is 0.4 x 35,000,000 = 14,000,000. - Two similar completed services costing not less than 50% of the estimated cost, which is 0.5 x 35,000,000 = 17,500,000. - One similar completed service costing not less than 80% of the estimated cost, which is 0.8 x 35,000,000 = 28,000,000. The bid capacity required is: - At least 14,000,000 (for three similar completed services) - At least 17,500,000 (for two similar completed services) - At least 28,000,000 (for one similar completed service) Additionally, the Minimum Average Annual Turnover of the bidder (For 3 Years) is 105 Lakh. Therefore, the bid capacity required can be summarized with the given values and formulas.