Food Corporation Of India Tender

The bidder is required to have 5 years of past experience in similar services. Additionally, the bidder must have successfully executed or completed similar services over the last three years, with specific requirements including: 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, or 3. One similar completed service costing not less than 80% of the estimated cost. The estimated bid value is 43773000. To determine the amount for each of the requirements: 1. 40% of the estimated bid value: 0.4 * 43773000 = 17509200 2. 50% of the estimated bid value: 0.5 * 43773000 = 21886500 3. 80% of the estimated bid value: 0.8 * 43773000 = 35018400 These values represent the minimum costs for similar completed services that the bidder must have executed to meet the requirements.