Indian Council Of Medical Research Tender

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Indian Council Of Medical Research - ICMR Tender

Services
GEM
Opening Date12 Mar 2025
Closing Date27 Mar 2025
Tender AmountINR 4,92,36,408 (USD 5,65,094)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required can be determined using the following formulas based on the estimated cost (EC) of the tender: 1. Three similar completed services with a total value of at least 0.4 * EC 2. Two similar completed services with a total value of at least 0.5 * EC 3. One similar completed service with a total value of at least 0.8 * EC Given the estimated bid value is 49236408, the bid capacity required can be any one of the following: - Three similar completed services with a total value of at least 19694563.2 - Two similar completed services with a total value of at least 24618204 - One similar completed service with a total value of at least 39389126.4 The most straightforward answer is the value associated with one similar completed service, which is 80% of the estimated bid value, resulting in a bid capacity required of 39389126.4. Additionally, the bidder must have a minimum average annual turnover of 1500 Lakh (150 million) Indian Rupees over the last three years and at least 5 years of experience in providing similar services.
Technical Capacity
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The required prior work experience for the bidder involves completing similar services with specific cost requirements. The bidder must have completed services with the following values: 1. Three similar completed services costing not less than 19694563.2, which is 40% of the estimated cost; 2. Two similar completed services costing not less than 24618204, which is 50% of the estimated cost; 3. One similar completed service costing not less than 39389126.4, which is 80% of the estimated cost.

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