New Okhla Industrial Development Authority Tender

The bid capacity required in the given tender includes specific solvency and experience requirements. 1. SOLVENCY: 40% OF TOTAL ESTIMATED COST = 143027736.00 2. EXPERIENCE: - Three similar completed works each costing not less than 40% of estimated cost put to tender = 143027736.00 - OR Two similar completed works each costing not less than 60% of estimated cost put to tender = 214541604.00 - OR One similar completed work costing not less than 80% of estimated cost put to tender = 286055472.00 Additionally, the minimum value for other requirements is specified as 30% OF TOTAL ESTIMATED COST, though the exact value is not provided. The total estimated cost is given as 35,75,69,340.00, which can be used to calculate the minimum solvency required: 40% of 35,75,69,340.00 = 0.4 * 35,75,69,340.00 = 14,30,27,736.00 Thus, the bid capacity required can be determined using the provided information and formulas.