Irrigation Department Tender

The class eligibility requirement to bid or participate in this tender is Category A or above.

The bid capacity required in the given tender can be determined using the formula: 2AN - B, where A, N, and B have specific meanings. A = Maximum Value of Civil Engineering works executed in any one year during the last Five years, N = Number of years prescribed for completion of the works, B = Value of existing commitments. Alternatively, the bid capacity required is related to the average annual financial turnover of the bidder, which should be at least 30% of the cost of the work (without GST). The formula for this can be represented as: Average Annual Turnover ≥ 0.3 * COST OF WORK (without G.S.T). For the given tender with a cost of work of Rs. 494.00 Lakh, the required turnover is: Required Turnover = 0.30 * 494.00 Lakh = 148.20 Lakh. Thus, the bid capacity required can be summarized as: - Average annual financial turnover: at least 30% of the cost of the work. - Calculation: 0.30 * Cost of Work. - Specific value for this tender: at least Rs. 148.20 Lakh.