Food Corporation Of India Tender

To determine the bid capacity required, we look at the conditions specified for bidders. The tender notice specifies that bidders should have satisfactorily completed during the last five years, at least: 1. Three similar works costing not less than 40% of the estimated cost put to tender, which is 0.4 * 4,26,12,152 = Rs. 1,70,44,860.80 2. Two similar works costing not less than 60% of the estimated cost put to tender, which is 0.6 * 4,26,12,152 = Rs. 2,55,67,291.20 3. One similar work of aggregate cost not less than 80% of the estimated cost put to tender, which is 0.8 * 4,26,12,152 = Rs. 3,40,89,721.60 Additionally, the bidder's registration limit should be equal to or more than the estimated cost put to tender, which is Rs. 4,26,12,152/-. Therefore, the bid capacity required for a bidder to be eligible can be summarized as having completed similar works with values not less than these calculated amounts, based on the number of similar works completed, and having a registration limit of at least Rs. 4,26,12,152/-.