Uttar Pradesh State Industrial Development Authority Tender

A class approved license is required for Electrical works.

The bid capacity required in the given tender can be broken down into several components: solvency, experience, and turnover. 1. Solvency: The solvency required is 40% of the total estimated cost of the work. Given the total estimated cost is 2,82,96,603.00, the solvency required is 1,13,18,641.00. The formula for calculating solvency is 0.4 * Total Estimated Cost. 2. Experience: There are three scenarios for experience: - At least 03 jobs of similar nature, each valued at least 40% of the estimated cost of the work. This translates to 3 jobs, each valued at least 1,13,18,641.00. The formula for this scenario is 3 * 0.4 * Total Estimated Cost. - Alternatively, at least 02 jobs of similar nature, each valued at least 60% of the estimated cost of the work. This means 2 jobs, each valued at least 1,69,77,962.00. The formula for this scenario is 2 * 0.6 * Total Estimated Cost. - Or, at least 01 job of similar nature valued at least 80% of the estimated cost of the work. This equates to 1 job valued at least 2,26,37,282.00. The formula for this scenario is 1 * 0.8 * Total Estimated Cost. 3. Turnover: The average annual financial turnover should be at least 30% of the estimated cost of the tender during the immediate last 03 consecutive financial years. This means an average annual turnover of at least 25,46,694.30 (calculated as 0.3 * 84,88,981.00). However, the provided text also mentions a specific value for the minimum average annual turnover required, which is INR 84,88,981.00. The formula for calculating the minimum average annual turnover required is 0.3 * Estimated Cost of the Tender. Given these requirements, the bid capacity can be summarized as follows: - Financial Capacity (Solvency): 1,13,18,641.00 - Experiential Capacity: - 3 jobs @ 40% of the estimated cost (1,13,18,641.00 each) - OR 2 jobs @ 60% of the estimated cost (1,69,77,962.00 each) - OR 1 job @ 80% of the estimated cost (2,26,37,282.00) - Turnover Capacity: Average annual turnover of at least 84,88,981.00 for the last three financial years. Formulas for calculating the required capacities: 1. Solvency = 0.4 * Total Estimated Cost 2. Experience (Scenario 1) = 3 * 0.4 * Total Estimated Cost 3. Experience (Scenario 2) = 2 * 0.6 * Total Estimated Cost 4. Experience (Scenario 3) = 1 * 0.8 * Total Estimated Cost 5. Turnover = 0.3 * Estimated Cost of the Tender (average for 3 years)