Food Corporation Of India Tender

The required prior work experience for the bidder involves having successfully executed or completed similar services over the last three years. The specific requirements include: 1. Three similar completed services, each costing not less than 40% of the estimated cost. 2. Two similar completed services, each costing not less than 50% of the estimated cost. 3. One similar completed service, costing not less than 80% of the estimated cost. Given the estimated bid value of 71600000, the percentages translate to: - For the three services: not less than 40% of 71600000, which equals 28640000 each. - For the two services: not less than 50% of 71600000, which equals 35800000 each. - For the one service: not less than 80% of 71600000, which equals 57280000. These values and percentages are crucial for determining the bidder's eligibility based on their past experience in similar services.