Bid Capacity Sample Clauses

Bid Capacity. The bid capacity of the prospective bidders will be calculated as under: Assessed Available Bid Capacity = (A* N* 2 - B) Where, A = Maximum value of works executed in any one year (year means Financial year) during the last five years (updated to the price level of the Financial year in which bids are received at a rate of 10% per year) taking into account the completed as well as works in progress. N = Number of years prescribed for completion of the Project/Works, excluding monsoon period, for which these bids are being invited. (E.g. 7 months = 7/12 year) For every intervening monsoon 0.33 shall be added to N. B = Value of existing commitments (only allotted works) on the last date of submission of bids as per bidding document and on-going works to be completed during the period of completion of the Project/Works for which these bids are being invited. Note: The statement showing the value of existing commitments and on-going works as well as the stip- ulated period of completion remaining for each of the works listed should be attached along with certificates duly signed by the Engineer-in Charge, not below the rank of an Executive Engineer or equivalent. Even though the bidders meet the above qualifying criteria, they are subject to be disqualified if they have: - made misleading or false representation in the forms, statements and attachments submitted in proof of the qualification requirements; and/or - Record for poor performance such as abandoning the works, not properly completing the contract, inordinate delays in completion, litigation histo -ry, or financial failures etc.
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Bid Capacity. The JV shall satisfy the requirement of “Bid Capacity” requirement mentioned at para 10.3 above. The arithmetic sum of individual “Bid capacity” of all the members shall be taken as JV’s “Bid capacity” to satisfy this requirement.
Bid Capacity. The tender/technical bid will be evaluated based on bid capacity formula detailed as Annexure-VI.
Bid Capacity. Applicants who meet the minimum qualification criteria will be qualified only if their available bid capacity at the expected time of bidding is more than the total estimated cost of the works. The available bid capacity will be calculated as under: Assessed Available Bid Capacity = (A*N*2-B), where A = Maximum value of works executed in any one year during the last five years (updated to the current price level) rate of inflation may be taken as 10 per cent per year which will take into account the completed as well as works in progress; B = Value at current price level of the existing commitments and ongoing works to be completed during the next one year (period of completion of works for which bids are invited) and N = Number of years prescribed for completion of works for which the bids are invited. Note : In case of a Joint Venture, the available bid capacity will be applied for each partner to the extent of his proposed participation in the execution of the works.
Bid Capacity. Criteria Compliance Requirements Documents Requirement Single Entity Joint Venture Submission Requirements All Partners Combined Each Partner One Partner Available Bid Capacity As per below mentioned methodology. must meet requirement not applicable must meet requirement not applicable Section-4: Bidder‟s Qualification: Form FIN-2 and FIN – 4 Methodology for Working out the Available Bid Capacity The Bidders will be qualified only if their available bid capacity is more than the estimated cost of work. Available bid capacity will be calculated as under: Available Bid Capacity =2AN-B Where, A = Maximum value of Design, Manufacture, Supply, Installation, Testing and Commissioning of Train Control & Signalling and Telecommunication System in any one (1) year during the last five (5) years N = No. of years prescribed for completion of the Design, Manufacture, Supply, Installation, Testing and Commissioning of Train Control & Signalling and Telecommunication System
Bid Capacity. The Bid capacity shall not be less than the amount put to tender for which the bid is submitted. Bid capacity will be evaluated as a part of post-qualification in the following manners. Bid Capacity = (A x N x 2 ) - B A. - Maximum annual turnover during last Five financial years (updated to the current cost)
Bid Capacity. The Bidders will be qualified only if their available bid capacity is more than USD 30 (Thirty) million and will be calculated as under; Available Bid Capacity = 2*A*N – B. Where, A = Maximum value of works executed in any one year during the last five financial years (value of works will be updated to 2017-18, by assuming 5% escalation for Indian Rupees portion per year and 2% escalation for foreign currency portions per year). In case the value of works executed is shown in foreign currency, then it shall be converted to INR using RBI’s exchange rate shown on their website on the last day of the respective calendar year. If the exchange rate cannot be found on RBI’s website, then it shall be obtained from xxx.xx.xxx N = No. of years prescribed for completion of the works shall be 2.40 years.
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Bid Capacity. The available Bid Capacity of the Bidder at the time of submission of Bid, calculated as under should not be less than the estimated cost of the work put to tender: Bid Capacity = A x N x 2 - B Where, A = Maximum value of works executed in any one year during last 7 (seven) years (at current price level). N = Completion time of the proposed work in years. B = Value at current price level of existing commitments and on-going works (as on the latest date for bid submission) to be completed in next “N” years. Bid capacity shall be assessed at the time of submission of Techno-commercial Bid, for which the Bidder shall have to submit documentary evidence in support of “A” & “B” above along with their Bid.
Bid Capacity. The Bid capacity shall not be less than the amount put to tender for which the bid is submitted. Bid capacity will be evaluated as a part of post-qualification in the following manners. Bid Capacity = (A x N x 2 ) - B A. - Maximum annual turnover during last five financial years (updated to the current cost) B - Value of existing commitments and on-going works to be completed in the period stipulated for completion of the work in the present tender. Certificates should be obtained from the officer not below the rank of Executive Engineer.
Bid Capacity. Bid Capacity: The Bid capacity shall not be less than the amount put to tender for which the bid is submitted Bid capacity will be evaluated as part of post qualification in the following manners. Calculation of Bid Capacity should be required on contactors letter head Bid Capacity = (A X N X 1.5) - B A - MAXIMUM ANNUAL TURNOVER OF CIVIL ENGINEERING WORKS EXCLUDING PRIVATE WORK DURING LAST FIVE YEARS (UPDATED TO THE CURRENT D.S.R. LEVEL) WHICH WILL TAKE INTO ACCOUNT THE COMPLETED AND PART OF ONGOING WORKS COMPLETED DURING LAST FIVE YEARS.(SUCH CERTIFICATE ARE REQUIRED TO BE OBTAINED FROM THE CHARTERED ACCOUNTANT MAHARASHTRA STATE ONLY ) N - Number of Years Prescribed For Completion of The Work, For Which The Bid Is Invited.
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