Indian Army Tender

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Indian Army Tender

Services
GEM
Opening Date31 Jan 2025
Closing Date12 Feb 2025
Tender AmountINR 3,57,00,000 (USD 4,12,997)
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AI Insights

Bid Capacity
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The bid capacity required can be calculated using the following formulas and values: - For two similar services: 2 * 8925000, which equals 17850000. The formula is 0.5 * Estimated Bid Value / 2, and given the estimated bid value is 35700000, this formula applies. - For one similar service: 28560000. The formula is 0.8 * Estimated Bid Value, which also applies given the estimated bid value of 35700000. Therefore, the bid capacity required is either 17850000 for two similar services or 28560000 for one similar service.
Technical Capacity
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The required prior work experience for the bidder involves having successfully executed or completed similar services over the last three years. There are specific criteria mentioned: 1. The bidder must have completed three similar services with each costing not less than 40% of the estimated cost, 2. Alternatively, two similar services with each costing not less than 50% of the estimated cost, 3. Or, one similar service costing not less than 80% of the estimated cost. These percentages and amounts are directly related to the estimated cost of the services in question.

Costs

  • EMD

    INR 17,81,450 (USD 20,609)

Description

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