Food Corporation Of India Tender

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Food Corporation Of India - FCI Tender

Services
Transportation and Logistics
Metals and Non-Metals
Minerals and Mining
GEM
Opening Date6 Feb 2025
Closing Date27 Feb 2025
Tender Amount₹ 8,71,14,000 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required can be calculated using the following formulas: 1. For three similar services: 3 * 0.4 * estimated cost 2. For two similar services: 2 * 0.5 * estimated cost 3. For one similar service: 1 * 0.8 * estimated cost Given two estimated bid values: - 87114000: - For three similar services: 3 * 0.4 * 87114000 = 104286000 - For two similar services: 2 * 0.5 * 87114000 = 87114000 - For one similar service: 1 * 0.8 * 87114000 = 69691200 - 72594605.62 INR: - For three similar services: 0.4 * 72594605.62 = 29037842.248 INR - For two similar services: 0.5 * 72594605.62 = 36297302.81 INR - For one similar service: 0.8 * 72594605.62 = 58075684.496 INR Therefore, the bid capacity required can be any one of these options, depending on the bidder's past experience.
Technical Capacity
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The required prior work experience for the bidder is 5 years, specifically in providing similar types of services to any Central/State Govt Organization/PSU. Within the last three years, the bidder must have successfully executed/completed similar services with the following requirements: 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. The estimated bid values mentioned are 87114000 and 72594605.62 INR, but it's unclear if these are directly related to the prior work experience or similar works completed. The bidder needs to upload documents such as Experience Criteria and Bidder Turnover.

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Past Bidders
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