Bid Capacity Clause Samples
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Bid Capacity. The bid capacity of the prospective bidders will be calculated as under: 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. - 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.
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. Bidders who inter alia meet the minimum qualification criteria will be qualified only if their available BID capacity is more than the total BID value (value as per Clause 1.1.
1). The available BID capacity will be calculated as per the following, based on the information mentioned in Annexure-VI of Appendix-IA: Assessed Available BID capacity = (A*N*2.5 – B + C), Where N= Number of years prescribed for completion of work for which ▇▇▇ is invited A = Maximum value of civil engineering works excluding the amount of bonus received, if any, in respect of EPC Projects executed in any one year during the last five years (updated to the price level of the year indicated in table at Note-3 below) taking into account the completed as well as works in progress. The EPC projects include turnkey projects/ Item rate contracts/ Construction works. C = The amount of bonus received, if any, in EPC Projects during the last 5 years (updated to the price level of the year indicated in table at Note-3 below).
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. 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. A. - Maximum annual turnover during last Five financial years (updated to the current cost)
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. Criteria Compliance Requirements Documents Requirement Single Entity Joint Venture Submission Requirements All Partners Combined Each Partner One Partner Available Bid Capacity =2AN-B 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
Bid Capacity. The bid capacity of the prospective bidders will be calculated as under: Where, A = Maximum value of Mechanical/Electrical/Electronics/IT/Computer Engineering 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. invited. (E.g. 7 months = 7/12 year) For every intervening monsoon 0.33 shall be added to N. - 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 or financial failures etc.
Bid Capacity. The bid capacity of the prospective bidders will be calculated as under: Assessed Available Bid Capacity = (A* N* 2 - B) Even though the bidders meet the above qualifying criteria, they are subject to be disqualified if they have:
