Metro Railway Tender

To determine the bid capacity required, we look at specific conditions related to past experience of similar services and financial turnover. The bidder must have successfully executed or completed similar services over the last three years with specific cost requirements. These requirements are as follows: 1. Three similar completed services costing not less than 40% of the estimated cost. 2. Two similar completed services costing not less than 50% of the estimated cost. 3. One similar completed service costing not less than 80% of the estimated cost. Given an estimated bid value, we can calculate these requirements. For an estimated bid value of 47843535, the calculations are: 1. 40% of 47843535 = 19137414 2. 50% of 47843535 = 23921767.5 3. 80% of 47843535 = 38274828 Thus, the bid capacity required can be summarized as: - Three similar services: at least 19137414 - Two similar services: at least 23921767.5 - One similar service: at least 38274828 Additionally, the minimum average annual turnover of the bidder is specified as 143 Lakh for 3 years. Therefore, the bid capacity required includes both past performance and financial turnover criteria.