Irrigation Department Tender

Category A or above.

The bid capacity required in the given tender can be determined using two different formulas. Firstly, the Assessed available Bid capacity should be greater than the Estimated Value of the work, and can be calculated using the formula: 2AN - B. Here, A represents the Maximum Value of Civil Engineering works executed in any one year during the last Five years, updated to the current financial year price level. N represents the Number of years prescribed for completion of the works for which tenders are invited. B represents the Value of existing commitments. Secondly, the bid capacity required in terms of average annual financial turnover is at least 30% of the COST OF WORK (without G.S.T), and can be calculated using the formula: Average Annual Turnover ≥ 0.3 * COST OF WORK (without G.S.T). Given the cost of the work is Rs. 332.00 Lakh, the required turnover can be calculated as: 0.3 * 332.00 Lakh = Rs. 99.60 Lakh. Therefore, the bid capacity required is: 1. Assessed available Bid capacity ≥ Estimated Value of the work, where Assessed available Bid capacity = 2AN - B. 2. Average Annual Turnover ≥ 0.3 * COST OF WORK (without G.S.T) = Rs. 99.60 Lakh.