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₹ 2,94,00,000 

AI Insights

Technical
Class Of Bidder
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Class I and Class II.
Bid Capacity
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The bid capacity required can be summarized with the following values and formulas: - For three similar services: 3 * Service Cost ≥ 0.4 * Estimated Bid Value, with a total value of at least 5840000 INR or 11760000 - For two similar services: 2 * Service Cost ≥ 0.5 * Estimated Bid Value, with a total value of at least 7300000 INR or 14700000 - For one similar service: 1 * Service Cost ≥ 0.8 * Estimated Bid Value, with a total value of at least 11680000 INR or 23520000 Where the Estimated Bid Value is 14600000 INR or 29400000.
Technical Capacity
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The required prior work experience for the bidder includes having successfully executed or 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. However, the estimated cost is not explicitly mentioned, but there are two different estimated bid values mentioned: 14600000 INR and 29400000 INR.

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Description

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