North Central Railway Tender

To determine the bid capacity required, specific financial and technical eligibility criteria must be met. These criteria include having successfully completed certain categories of work within the last 7 years, with costs relative to the advertised value of the tender. For single-component works, the criteria are: - Three similar works each costing not less than 30% of the advertised value. - Two similar works each costing not less than 40% of the advertised value. - One similar work costing not less than 60% of the advertised value. For composite works, similar criteria apply, based on the components of the tender. Additionally, subcontractors must have completed at least one similar work costing not less than 35% of the value of the work to be subcontracted within the last 5 years. However, a direct formula for calculating the bid capacity based on these criteria or other provided details such as Earnest Money and Validity of Offer is not explicitly mentioned. The information given does outline specific requirements and conditions that bidders must fulfill, indicating the importance of financial and technical capacity, but it does not provide a straightforward formula or value for bid capacity. Therefore, the bid capacity required in the given tender involves meeting specific financial and technical criteria directly tied to the value and components of the tender, but without a direct formula provided, the exact calculation or value for bid capacity cannot be determined from the given information.