New Okhla Industrial Development Authority Tender

To determine the bid capacity required, we look at the provided information. 1. Solvency: 40% of the total estimated cost, which is 0.4 * 55691844.82 = 22276737.93. 2. Experience: - Three similar works, each costing not less than 40% of the estimated cost: 3 * 0.4 * 55691844.82 = 3 * 22276737.93. - Two similar works, each costing not less than 60% of the estimated cost: 2 * 0.6 * 55691844.82 = 2 * 33415106.89. - One similar work costing not less than 80% of the estimated cost: 1 * 0.8 * 55691844.82 = 1 * 44553475.86. 3. Average Annual Financial Turnover: At least 30% of the estimated cost during the last 3 consecutive financial years, which is 0.3 * 55691844.82 = 16707573.46 per year. Given these details, the bid capacity required involves specific financial thresholds and formulas based on the estimated cost of the tender. The formulas are: - Solvency = 0.4 * Total Estimated Cost - Experience (for each scenario) = [0.4 or 0.6 or 0.8] * Total Estimated Cost - Average Annual Financial Turnover = 0.3 * Total Estimated Cost Therefore, the bid capacity required can be calculated using these formulas with the given estimated cost. However, since the query asks for a specific value and formulas and given the complexity and variability of the requirements (solvency, experience, and average annual financial turnover), the most direct answer to the query about extracting bid capacity with a specific value and formulas, considering the need for precise calculations based on the estimated cost provided, is to apply these formulas directly. Thus, the bid capacity required for solvency is 22276737.93, for experience it varies by scenario (three similar works: 3 * 22276737.93, two similar works: 2 * 33415106.89, one similar work: 44553475.86), and for average annual financial turnover it is 16707573.46 per year for the last 3 years. Given the information and the specific query, the answer is found within the provided context, and it includes specific values and formulas for calculating the bid capacity required.