Central Warehousing Corporation Tender

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Central Warehousing Corporation - CWC Tender

Services
Transportation and Logistics
GEM
Opening Date20 Feb 2025
Closing Date13 Mar 2025
Tender AmountINR 7,72,73,952 (USD 8,93,592)

AI Insights

Technical
Financial
Bid Capacity
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To extract the bid capacity required, we look at the financial and experiential criteria provided. The bidder must meet specific thresholds related to past experience and financial turnover. For similar services, the 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. Given an estimated bid value of 77273952, we can calculate the required bid capacity as follows: 1. 40% of 77273952: 0.4 * 77273952 = 30909580.8 2. 50% of 77273952: 0.5 * 77273952 = 38636976 3. 80% of 77273952: 0.8 * 77273952 = 61819161.6 Therefore, the bid capacity required is: - Three similar services: at least 30909580.8 - Two similar services: at least 38636976 - One similar service: at least 61819161.6 Additionally, the bidder should have a minimum average annual financial turnover of 232 Lakh (s) for the last three years and 2 years of experience in providing similar types of services. The Earnest Money Deposit (EMD) amount is 772800, and the Electronic Performance Bank Guarantee (ePBG) percentage is 5.00% for 42 months. Thus, the bid capacity required involves meeting these financial, experiential, and performance criteria.
Technical Capacity
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The required prior work experience for the bidder is 2 years. The bidder must have successfully executed/completed similar services over the last three years, with the following requirements: - Three similar completed services costing not less than 40% of the estimated cost, which is 40% of 77273952. - Two similar completed services costing not less than 50% of the estimated cost, which is 50% of 77273952. - Alternatively, one similar completed service costing not less than 80% of the estimated cost is also mentioned, but not consistently across all sources. The estimated cost is 77273952, and the percentages mentioned are 40%, 50%, and 80%. Additionally, the bidder's minimum average annual turnover for 3 years should be 232 Lakh.

Costs

  • EMD

    INR 7,72,800 (USD 8,937)

Description

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