Irrigation Department Tender

Category AA

The bid capacity required in the given tender can be determined by several criteria, including: 1. Turnover: The bidder should have an average annual financial turnover of at least 30% of the COST OF WORK (without G.S.T) during the last 3 years. The formula for this is: Average Annual Turnover ≥ 0.3 * COST OF WORK. 2. Similar Work: The bidder should have experience in similar works, with specific value criteria: - For three similar works: Total Cost of Similar Works ≥ 0.4 * Estimated Cost - For two similar works: Total Cost of Similar Works ≥ 0.5 * Estimated Cost - For one similar work: Total Cost of Similar Work ≥ 0.8 * Estimated Cost 3. Assessed available Bid capacity: The bidder should have the Assessed available Bid capacity as per the formula (2AN - B) greater than the Estimated Value of the work. The formula is: 2AN - B, where - A = Maximum Value of Civil Engineering works executed in any one year during the last Five years (updated by giving 8% simple weightage per year) - N = Number of years prescribed for completion of the works (period up to 6 months to be taken as half-year and more than 6 months as one year) - B = Value of existing commitments. Given the Estimated Value of the work as Rs. 911.00 Lakh and the Period of Completion as 03 Months (considered as half-year), the value of N is 0.5 year. However, the exact Bid capacity required cannot be calculated without knowing the values of A and B.