Food Corporation Of India Tender
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Technical
Technical
Financial
Bid Capacity
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The bid capacity required to bid in the given tender is as follows: - At least 20% of the estimated value of the contract to be awarded, in one single contract in one Financial Year.
- OR 40% of the estimated value of the contract to be awarded, in multiple contracts in one Financial Year.
- OR 75% of the estimated value of the contract to be awarded, in single/multiple contracts irrespective of Financial Year. Given the estimated bid value is 46200000, the bid capacity can be calculated as:
- 20% of 46200000 = 9240000
- 40% of 46200000 = 18480000
- 75% of 46200000 = 34650000 Therefore, the bid capacity required is at least 9240000, or 18480000, or 34650000.
Technical Capacity
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The required prior work experience for the bidder is as follows: - At least 20% of the estimated value of the contract to be awarded, in one single contract in one Financial Year.
- OR 40% of the estimated value of the contract to be awarded, in multiple contracts in one Financial Year.
- OR 75% of the estimated value of the contract to be awarded, in single/ multiple contracts irrespective of Financial Year.
The estimated contract value threshold is less than Rupees Seven Crores and Fifty Lakhs. In case the contract value is below this threshold, an additional Performance Guarantee in the form of Bank Guarantee of 10% of the contract value is required if the bidder lacks the requisite experience.
Costs
EMD
INR 9,24,000 (USD 10,689)
Description
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Contact
Tender Id
GEM/2024/B/5712115Tender No
GEM/2024/B/5712115Tender Authority
Food Corporation Of India ViewPurchaser Address
-Website
http://bidplus.gem.gov.in
Documents