Food Corporation Of India Tender

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Food Corporation Of India - FCI Tender

Services
Transportation and Logistics
Minerals and Mining
GEM
Opening Date28 Jan 2025
Closing Date18 Feb 2025
Tender Amount₹ 2,69,00,000 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required can be expressed with the following values and formulas: - For three similar services: 3 * service_cost >= 10760000 or 3 * service_cost >= 5680000 - For two similar services: 2 * service_cost >= 13450000 or 2 * service_cost >= 7100000 - For one similar service: 1 * service_cost >= 21520000 or 1 * service_cost >= 11360000 Where service_cost represents the cost of each similar service completed by the bidder.
Technical Capacity
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The required prior work experience for the bidder is that they must have successfully executed/completed similar services over the last three years. The specific requirements are as follows: 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 cost is 14200000 INR and another estimated bid value is 26900000.

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