Directorate Of Urban Local Bodies Tender

The bid capacity required can be determined by looking at the financial and experiential requirements outlined in the tender document. The key criteria include a minimum average annual turnover of 300 Lakhs over the last three years and at least 3 years of experience in similar services, with specific project cost achievements. To calculate the minimum costs of similar services the bidder must have completed, the following formulas can be used: 1. 40% of the estimated bid value: 0.4 * 36076203 = 14330481.2 2. 50% of the estimated bid value: 0.5 * 36076203 = 18038101.5 3. 80% of the estimated bid value: 0.8 * 36076203 = 28860962.4 These values represent the minimum costs of similar services the bidder must have completed to meet the experience criteria. The bid capacity required can be summarized as: - Minimum Average Annual Turnover: 300 Lakhs for 3 years - Years of Past Experience: 3 years Therefore, the bid capacity required is having a minimum average annual turnover of 300 Lakhs over the last three years and at least 3 years of experience in similar services, with specific project cost achievements as outlined.