North Eastern Railway Tender

The class eligibility requirement to bid or participate in this tender is "A" class electrical contractor license.

To determine the bid capacity required, we look at the minimum average annual contractual turnover, which is calculated as the average of "total contractual payments" in the previous three financial years. The formula provided is related to the advertised value of the tender (V) and the number of years prescribed for completion of work (N), where the minimum average annual contractual turnover is V/N or 'V' whichever is less. Given the advertised value (V) is 91823920.36 and the period of completion is 9 months, which is less than a year, we can consider N as 0.75 years for calculation purposes. Thus, V/N = 91823920.36 / 0.75 = 12236324.48. However, since 'V' (the advertised value in crores of Rupees) is 91.82392036, 'V' whichever is less implies we should consider the actual value in the context of the formula provided, which directly translates to the requirement being the advertised value in the context of annual turnover calculation. The average annual contractual turnover should be at least this calculated value or the advertised value, whichever is the criteria set by the specific conditions of the tender. Therefore, the bid capacity required, in terms of minimum average annual contractual turnover, can be directly related to the advertised value of the tender and the specified period for completion, adjusted for the calculation of annual turnover. Given the provided numbers and the formula, the minimum average annual contractual turnover would be directly related to the advertised tender value, adjusted for the completion period, but the exact calculation provided does not directly apply due to the period being in months. The critical factor is the advertised value and the completion period, which suggests a specific financial capacity requirement for bidders.