Uttar Pradesh Housing And Development Board Tender

The bid capacity required to bid for the tender includes both financial capacity and technical capacity. The financial capacity requirements are: - Average Annual Financial Turnover: 30% of the estimated cost, which is 196.50 lacs. - Liquid Assets: 15% of the bid value, which is 98.25 lacs. The technical capacity requirements are based on experience in similar works, with three possible scenarios: 1. One similar work completed satisfactorily with a cost of not less than 80% of the estimated cost, which is 524.00 lacs. 2. Two similar works completed satisfactorily with a cost of not less than 50% of the estimated cost, which is 327.50 lacs. 3. Three similar works completed satisfactorily with a cost of not less than 40% of the estimated cost, which is 262.00 lacs. The estimated cost of the project is 655.00 lacs. Therefore, the bid capacity required in the given tender includes: - Experience: One similar work of 524.00 lacs or two similar works of 327.50 lacs or three similar works of 262.00 lacs. - Average annual financial turnover: 196.50 lacs. - Liquid assets: 98.25 lacs.