Food Corporation Of India Tender

The bid capacity required to bid on the given tender can be expressed in two different scenarios with their respective values and formulas. In the first scenario, the estimated bid value is 42650000, and the bid capacity required can be summarized as follows: - At least one similar completed service with a value of 34120000 or more, - or at least two similar completed services with a total value of 42650000 or more, - or at least three similar completed services with a total value of 51180000 or more. In the second scenario, the estimated bid value is 17052871 INR, and the bid capacity required can be expressed as having completed similar services with values of at least: - 6821150.4 INR (for three similar services, with each service costing not less than 40% of the estimated cost, which is 6821150.4 INR), - 8526435.5 INR (for two similar services, with each service costing not less than 50% of the estimated cost, which is 8526435.5 INR), or - 13642296.8 INR (for one similar service, with the service costing not less than 80% of the estimated cost, which is 13642296.8 INR).