Central Warehousing Corporation Tender

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Central Warehousing Corporation - CWC Tender

Services
Transportation and Logistics
GEM
Opening Date6 Mar 2025
Closing Date27 Mar 2025
Tender Amount₹ 6,62,00,000 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required can be determined using the estimated bid value and the provided formulas for past experience of similar services. For past experience, the bidder must have: - Three similar completed services costing not less than 40% of the estimated cost, which is 40% of 66200000 = 26480000. - Two similar completed services costing not less than 50% of the estimated cost, which is 50% of 66200000 = 33100000. - One similar completed service costing not less than 80% of the estimated cost, which is 80% of 66200000 = 52960000. Additionally, the bidder should have a minimum average annual financial turnover of 199 Lakh (s) for the last three years and 2 years of experience in providing similar services. The Earnest Money Deposit (EMD) amount is 662000, and the Electronic Performance Bank Guarantee (ePBG) percentage is 5.00% for 42 months. Therefore, the bid capacity required can be summarized as follows: - Three similar services: at least 26480000 each - Two similar services: at least 33100000 each - One similar service: at least 52960000 - Financial Turnover: 199 Lakh (s) average annual turnover for the last three years - Experience: 2 years of experience in providing similar services - EMD: 662000 - ePBG: 5.00% for 42 months.
Technical Capacity
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The required prior work experience for the bidder is 2 years for the same or similar service. The bidder should have a minimum average annual turnover of 199 Lakh for 3 years. For similar works completed, the bidder must meet one of the following conditions: - Three similar completed services costing not less than 40% of the estimated cost, which is 26480000 (40% of 66200000), or - Two similar completed services costing not less than 50% of the estimated cost, which is 33100000 (50% of 66200000). - One similar completed service costing not less than 80% of the estimated cost is also mentioned, but the exact value is not provided in this part of the information. Additionally, the bidder needs to provide documents such as Experience Criteria and Bidder Turnover to prove their eligibility. The ePBG Percentage is 5.00% and the duration of ePBG required is 42 months. The EMD Amount is 662000.

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