Dear sir,
Can somebody please tell me what is process to calculate bid capacity?
I read in my work place document as 7*A-B whereas, in google search it is given as 4*A-B where A = Average Annual Turnover of best three years out of last five fiscal years.
B = Annual Value of the existing commitments and works (ongoing) to be completed, calculated from FIN-4.
But at one place in office document, bid capacity has been shown equal to average annual turnover of best three years out of last five last fiscal years.(attached notepad).
Regards,
Can somebody please tell me what is process to calculate bid capacity?
I read in my work place document as 7*A-B whereas, in google search it is given as 4*A-B where A = Average Annual Turnover of best three years out of last five fiscal years.
B = Annual Value of the existing commitments and works (ongoing) to be completed, calculated from FIN-4.
But at one place in office document, bid capacity has been shown equal to average annual turnover of best three years out of last five last fiscal years.(attached notepad).
Regards,
