Metro Railway Tender

To determine the bid capacity required, we look at the experience and financial criteria. The bidder must have 3 years of experience in providing similar services and meet specific financial thresholds. The financial criteria include having a minimum average annual financial turnover of ₹1,97,27,188.31 during the last three years. The experiential criteria involve successfully executing or completing orders of specific values: at least one single order of 80% of the Estimated Bid Value (₹3,15,63,501.29), or 2 orders each of 50% of the Estimated Bid Value (₹1,97,27,188.31), or 3 orders each of 40% of the Estimated Bid Value (₹1,57,81,750.65) for similar services in the last three years. Given these requirements, the bid capacity can be summarized as follows: - Financial Capacity: Average annual turnover of ₹197 lakhs over the last three years. - Experiential Capacity: Successful completion of similar services with costs meeting the specified percentages of the estimated cost. The bid capacity required can be considered as meeting the minimum average annual turnover and having the requisite experience in similar services as outlined. However, specific formulas for calculating the bid capacity based on these requirements are not provided, indicating that the bid capacity is directly tied to the bidder's ability to meet these financial and experiential thresholds. Therefore, the bid capacity required is meeting the minimum average annual turnover of ₹1,97,27,188.31 and having the requisite experience in similar services.