UP Jal Nigam Tender

To determine the bid capacity required, we look for specific details related to the financial or technical capabilities that a bidder must possess to be eligible for the tender. The bid capacity is related to the financial eligibility criteria, which includes the submission of a Bank Solvency Certificate equivalent to at least 40 percent of the cost put to bid. The formula for assessing the available bid capacity is given as: 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 requirements outline the proportions of stake holding, turnover, solvency, and technical experience that the lead member and other members must meet for joint ventures or consortia. These can be summarized as follows: - Stake Holding: Lead member ≥ 51%, Other members ≥ 30% - Turnover: Lead member ≥ 51% of total required turnover - Solvency: Lead member ≥ 51% of total required solvency - Technical Experience (for projects Rs 10 Cr to Rs 25 Cr): Lead member ≥ 30% of required technical experience The bid capacity required in the given tender includes a Bank Solvency Certificate equivalent to at least 40 percent of the cost put to bid and adherence to the specified percentages for stake holding, turnover, solvency, and technical experience for joint ventures or consortia. The formula provided assesses the available bid capacity based on the bidder's maximum turnover, the stipulated period of execution, and the value of existing commitments.