Greater Noida Industrial Development Authority Tender

To extract the bid capacity required, we look at the financial requirements and formulas provided. The bid capacity is related to the ability to handle works of certain values, with specific multipliers and percentages. For works more than 1.5 times the bid value, with a bid value up to Rs. 15.00 Lacs, the bid capacity required is 5% of the bid value. For works more than 1.5 times the bid value, with a bid value between Rs. 15.00 Lacs and Rs. 100.00 Lacs, the bid capacity required is 10% of the bid value. For works more than 1.5 times the bid value, with a bid value between Rs. 100.00 Lacs and Rs. 500.00 Lacs, the bid capacity required is 12% of the bid value. For works more than 2.00 times the bid value, with a bid value above Rs. 500.00 Lacs, the bid capacity required is 12% of the bid value. Given the estimated cost of the tender is Rs. 437.78 Lacs, which falls between Rs. 100.00 Lacs and Rs. 500.00 Lacs, the bid capacity required can be calculated using the formula: Bid capacity = 12% of the bid value for works more than 1.5 times the bid value. However, since the provided information does not explicitly mention the bid value but rather the estimated cost, and considering the conditions provided, we can infer that the bid capacity is directly related to the estimated cost and the specified percentages for the given range. Thus, for the given tender with an estimated cost of Rs. 437.78 Lacs, the relevant bid capacity requirement is 12% of the bid value, considering the bid value falls within the specified range for this percentage. Given this, the bid capacity required for the tender can be considered as 12% of the bid value, but since the exact bid value is not provided and we are working with the estimated cost, the precise calculation would depend on the actual bid value submitted, which should be within the range that applies this 12% rule. Therefore, the answer is: 12% of the bid value for bids between Rs. 100.00 Lacs and Rs. 500.00 Lacs.