Muzaffarnagar Development Authority Tender

The class eligibility requirement to bid or participate in this tender is "A" class electrical contractor license, which can be simplified as Class A.

The bid capacity required in the given tender can be extracted as follows: 1. For work more than 10.00 lacs & up to 50.00 Lacs: - Cumulative financial turnover: 1.5 times bid value (B.O.Q.) - Liquid assets: 15% of the bid value - Minimum tangible net worth: 25% of the bid value 2. For work more than 50.00 lacs & up to 150.00 lacs: - Cumulative financial turnover: 1.5 times bid value (B.O.Q.) - Liquid assets: 20% of the bid value - Minimum tangible net worth: 25% of the bid value 3. For work more than 150.00 lacs: - Cumulative financial turnover: 1.5 times bid value (B.O.Q.) - Liquid assets: 25% of the bid value - Minimum tangible net worth: 25% of the bid value The formulas for calculating the bid capacity are: - Cumulative financial turnover = 1.5 * bid value (B.O.Q.) - Liquid assets = 15% to 25% of the bid value, depending on the work value range - Minimum tangible net worth = 25% of the bid value Additionally, the experience requirements are: 1. Work more than 10.00 lacs & up to 50.00 Lacs: At least four years in the organized sector. 2. Work more than 50.00 lacs & up to 150.00 lacs: At least four years in the organized sector, with two jobs of total value equal to the bid value. 3. Work more than 150.00 lacs & up to 500.00 lacs: At least four years in the organized sector, with two jobs equal to bid value or one job of total value 75% of bid value. 4. Works more than 500.00 lacs: At least four years in the organized sector, with two work to total value 75% to the Bid value.