New Okhla Industrial Development Authority Tender

The bid capacity required in the given tender to bid is mentioned in terms of financial and technical capabilities. Financially, the bidder must have a minimum solvency of Rs. 18,608,281.00, which is 40% of the total estimated cost of the project. In terms of experience, the bidder must have completed works similar in nature, with specific value requirements: - Three similar works, each costing not less than Rs. 18,608,281.00. - Or, two similar works, each costing not less than Rs. 27,912,421.50. - Or, one similar work costing not less than Rs. 37,216,562.00. The average annual financial turnover of the bidder should be at least 30% of the annual cost during the last three consecutive financial years, but the exact amount is not directly calculable from the given information. Additionally, the Earnest Money Deposit (EMD) required is Rs. 9,50,000/-, and the contractor has to deposit an additional performance guarantee/security in case the rate quoted is below the Bill of Quantity (B.O.Q) rate, with the formula: - @0.5% per one percent up to 10% below rate - @1% per one percent on rate quoted beyond 10% below rate Formulas for calculating the total amount for each item are also provided, such as Total Amount = Quantity * Estimated Rate. However, specific bid capacity details in terms of machinery, tools, and plants are not provided. Therefore, the bid capacity required in the given tender to bid having value and formulas is partially found, with specific financial and experience requirements, as well as formulas for calculations.