Small Scale Industries And Export Promotion Department Tender

The bid capacity required in the given tender involves both financial and experiential elements. - Financial Capacity: Ability to provide an EMD and an ePBG, along with a minimum average annual turnover of 22700000 for the last 3 years. The formula for average turnover is: Average turnover = (Total turnover for 3 years) / 3. - Experiential Capacity: 3 years of experience in providing similar services, with at least one of the following: 1. Three similar services with each costing at least 40% of the estimated bid value. 2. Two similar services with each costing at least 50% of the estimated bid value. 3. One similar service costing at least 80% of the estimated bid value. Given the estimated bid value of 22726000, the specific values are: 1. 40% of 22726000 = 9090400 2. 50% of 22726000 = 11363000 3. 80% of 22726000 = 18180800 Thus, the bid capacity required involves both a financial component (minimum turnover) and an experience component (completion of similar services within specified value thresholds).