Directorate Of Medical Education And Training Tender

The bid capacity required in the given tender can be determined by the minimum average annual turnover and the past experience criteria. The minimum average annual turnover is 791 Lakh. For the past experience, the bidder must have successfully executed or completed similar services with specific value criteria: - One similar completed service costing not less than 80% of the estimated bid value, which is ₹21.09 crore. - Two similar completed services costing not less than 50% of the estimated bid value, which is ₹13.18 crore per contract. - Three similar completed services costing not less than 40% of the estimated bid value, which is ₹10.54 crore per contract. The estimated bid value can be calculated as ₹26.36 crore, since 80% of this value equals ₹21.09 crore. The formulas for calculation are: - Average Annual Turnover = Total Turnover for 3 Years / 3 - Percentage of Estimated Bid Value for Past Experience = (Value of Similar Completed Services / Estimated Bid Value) * 100 Therefore, the bid capacity required is having an average annual turnover of at least ₹791 lakh and fulfilling one of the past experience criteria based on the estimated bid value of ₹26.36 crore.