Food Corporation Of India Tender

The required prior work experience for the bidder includes successfully executing or completing similar services over the last three years. The specific requirements are: 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 value is mentioned as 26263000 and the base value is 15380000. For the first two requirements, the estimated costs can be calculated as 40% of 26263000, which is 10505200, and 50% of 26263000, which is 13131500. For the third requirement, 80% of 26263000 is 21010400. Alternatively, considering the base value of 15380000, the estimated costs can be calculated as 40% of 15380000, which is 6152000, 50% of 15380000, which is 7690000, and 80% of 15380000, which is 12304000.