Uttar Pradesh Housing And Development Board Tender

Class-I and Above

The bid capacity required in the given tender involves both financial and experiential components. 1. Average Annual Financial Turnover: Not Less than 40% of the bid value. The formula for calculating the required average annual financial turnover is: Average Annual Financial Turnover ≥ 0.4 * Bid Value. Given the bid value is Rs. 478 Lacs, the required average annual financial turnover is: Average Annual Financial Turnover ≥ 0.4 * 478 Lacs = Rs. 191.2 Lacs. 2. Liquid Assets: Not Less than 25% of the bid value. The formula for calculating the required liquid assets is: Liquid Assets ≥ 0.25 * Bid Value. Given the bid value is Rs. 478 Lacs, the required liquid assets are: Liquid Assets ≥ 0.25 * 478 Lacs = Rs. 119.5 Lacs. 3. Experience: The bidder should have experience of having successfully completed similar works during the last 7 years, with a total value of: - One similar work costing not less than 80% of the bid amount. The formula is: One work ≥ 0.8 * Bid Value. Given the bid value is Rs. 478 Lacs, the required value for one work is: One work ≥ 0.8 * 478 Lacs = Rs. 382.4 Lacs. - Two similar works each costing not less than 50% of the bid amount. The formula is: Two works, each ≥ 0.5 * Bid Value. Given the bid value is Rs. 478 Lacs, the required value for each of two works is: Two works, each ≥ 0.5 * 478 Lacs = Rs. 239 Lacs each. - Three similar works each costing not less than 40% of the bid amount. The formula is: Three works, each ≥ 0.4 * Bid Value. Given the bid value is Rs. 478 Lacs, the required value for each of three works is: Three works, each ≥ 0.4 * 478 Lacs = Rs. 191.2 Lacs each. Therefore, the bid capacity required in the given tender to bid having value and formulas is found and specified above.