UP Jal Nigam Tender

The bid capacity required can be determined by the formula: Assessed Available Bid Capacity = 2 x A x N – B Where, A = Maximum turnover during the last five financial years (corrected to the current level of value). N = Stipulated period of execution of the work for which the tender is invited in years. B = Value of existing commitments to be completed during the execution period of the bid. Additionally, the available bid capacity of the bidder at the expected time of bidding shall be more than the total estimated cost of the work for which the tender is invited. Another condition for bid capacity is: Average Annual Turnover ≥ 0.3 * Project Cost Where Average Annual Turnover is the average of the turnover for the last 3 financial years, and Project Cost is the cost of the project put to tender. Also, the bid capacity required to bid can be determined by the following conditions: a. Three similar works each costing not less than 30% of the cost of work put to bid, b. Two similar works costing not less than 40% of the cost of work put to bid, or c. One similar completed work costing not less than 60% of the cost of work put to bid.