New Okhla Industrial Development Authority Tender

To extract the bid capacity required in the given tender, we look at specific conditions and formulas provided. 1. Solvency: The minimum solvency required is 40% of the total estimated cost. Given the total estimated cost is 46825146.36 Rs, the solvency required is 40% of this amount, which is 18730058.54 Rs. 2. Experience: The bidder should have completed works similar to the tender, with specific cost thresholds: - Three similar works, each costing not less than 40% of the estimated cost (18730058.54 Rs). - Or, two similar works, each costing not less than 60% of the estimated cost (28095087.82 Rs). - Or, one similar work costing not less than 80% of the estimated cost (37460117.09 Rs). 3. Turnover: The average annual financial turnover should be at least 30% of the annual cost, which is 14047543.91 Rs. Formulas for calculating the required capacity: - Solvency = 40% of Total Estimated Cost - Experience = (40% or 60% or 80%) of Estimated Cost for similar works - Turnover = 30% of Annual Cost of the project over the last 3 financial years Given values: - Total Estimated Cost = 46825146.36 Rs - Solvency = 18730058.54 Rs - Experience thresholds = 18730058.54 Rs (40%), 28095087.82 Rs (60%), 37460117.09 Rs (80%) - Turnover requirement = 14047543.91 Rs (average over 3 years) - EMD = 9,56,000 Rs Additionally, there's a performance guarantee/security calculated as: - @0.5% per one percent up to 10% below the Bill of Quantity (B.O.Q) rate - @1% per one percent on the rate quoted beyond 10% below the B.O.Q rate These details provide a basis for calculating the bid capacity required, focusing on solvency, experience, turnover, and specific guarantees.