Information Technology And Electronics Department Tender

To determine the bid capacity required, the tender outlines specific financial and experiential criteria. The financial capacity requires a minimum average annual turnover of 1500 Lakh (s) over the last three years. For experiential capacity, the bidder must have 5 years of experience in providing similar services, with specific cost criteria for similar completed services: - Three services costing not less than 40% of the estimated cost, which is 40000000 for an estimated bid value of 100000000. - Two services costing not less than 50% of the estimated cost, which is 50000000 for an estimated bid value of 100000000. - One service costing not less than 80% of the estimated cost, which is 80000000 for an estimated bid value of 100000000. Formulas for adjusting contract quantity or duration are provided as: New Contract Quantity = Old Contract Quantity * (1 + 0.25) or New Contract Quantity = Old Contract Quantity * (1 - 0.25) New Contract Duration = Old Contract Duration * (1 + 0.25) or New Contract Duration = Old Contract Duration * (1 - 0.25) However, these formulas pertain to adjustments in contract quantity or duration rather than calculating bid capacity directly. Thus, the bid capacity required can be summarized as: - Financial Capacity: Minimum average annual turnover of 1500 Lakh (s) over the last three years. - Experiential Capacity: 5 years of experience with at least one of the following: - 3 services ≥ 40% of the estimated cost (40000000 for an estimated bid value of 100000000). - 2 services ≥ 50% of the estimated cost (50000000 for an estimated bid value of 100000000). - 1 service ≥ 80% of the estimated cost (80000000 for an estimated bid value of 100000000).