A Brief Overview of FCI Tender

Did you know that the Food Corporation of India was incorporated just 1.5 decades after the independence of India? It is a government-run organization, that was created to meet the food grains needs of the nation while being responsible for procurement, storage and distribution of the food grains to meet the demands of the Public Distribution System. Not only this, FCI also helps in food grains price stability, farmers support and always aiding the food security needs of the people of this country. Now to fulfill all these duties, Food Corporation of India tenders are released for smooth and proper functioning of the organization. Food Corporation of India tender covers a wide range of industry verticals like transportation and handling, warehousing and storage, security, IT & ITES services and many more. These tenders get interest from both large and small contractors because of the wide range of FCI tenders getting released. 

How to Find the FCI Tenders?

Before we understand the qualification criteria for applying to Food Corporation of India tenders, let’s understand where to find the FCI tenders. Under the FCI eprocurement, various types of FCI tenders get released which vary from warehousing, storage, transportation, handling, and security to IT services. There are various ways to find the Food Corporation of India tenders offline and online:

  • The official website of FCI tenders is www.fci.gov.in where you can find all the listed tenders under the tenders section on their page.
  • Another government of India e-procurement initiative for online government procurement is Central Public Procurement Portal or CPPP, and they also host Food Corporation of India tenders on this website. 
  • Similarly Government e-marketplace or GeM is one more government-led e-procurement online portal where FCI tenders are listed. 
  • On the non-government side, there are private tender aggregation platforms like BidAssist.com which have all the latest tender information and added features to make the tender search very easy for the bidders. 
  • There are of course offline publications like newspapers classified sections and business magazines having updates on the latest FCI tenders. 

Understanding Qualification Criteria to Apply for FCI Tenders

Make sure that you have thoroughly checked the below list to understand the qualification criteria before applying for Food Corporation of India tenders:

  • First of all your organisation needs to be a legally registered business unit, it could be a partnership, proprietorship or a company, having valid PAN, GST, TIN & other relevant registrations
  • Your organization needs to have relevant experience in a similar field or have done projects in the past that entail logistics handling, warehouse management, security or quality control services. 
  • Next comes the technical requirements of specialised equipment or the specific. resources required for taking up the project, which are also mentioned in the the tender document, and you need to look at them carefully to know your qualification eligibility.
  • You must meet the required financial thresholds like a certain amount of annual turnover to fulfill the tender qualification requirement. Some FCI tenders may need a bank solvency certificate to check for participating organizations’ financial stability. 
  • Earnest money deposit or EMD is mentioned in most tender documents for the bidders to pay, and it’s fully refundable if the bidder is not awarded the contract. Do check if you are a MSME registered company, you may be eligible for an exemption.
  • You need to also make sure that your company or you are not part of the government blacklist, as they are typically not eligible to participate in food corporation of India tenders

Find Relevant Food Corporation of India Tenders at BidAssist

Finding the FCI eprocurement on BidAssist is just a click away. This can be done by either going to the website or downloading the BidAssist application to get all the Food Corporation of India tenders information that you are looking for. Just search for the FCI tenders in the sectors that you are looking for; on BidAssist. You can do it one more way which is by selecting the FCI tenders as authority which will help you get an entire Food Corporation of India tenders list in front of your screen. You can also look for FCI eprocurement by filtering the search results as per preferred keyword, location, city, industry category or even tender value. If you can’t find a Food Corporation of India tender on the website, just email contact@bidassist.com and report it. Now that you have understood the qualification criteria for applying to FCI tenders, all you need to do is go to BidAssist.com and then subscribe for FCI tenders and stay ahead of the competition.