Food Corporation Of India Tender

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Food Corporation Of India - FCI Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date16 Jan 2025
Closing Soon5 Feb 2025
Tender Amount₹ 5,36,02,575 

AI Insights

Technical
Bid Capacity
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The bid capacity required in the given tender is mentioned as having a registration limit equal to or more than the estimated cost put to tender. For the first scenario, the estimated cost put to tender is 4,74,81,866.00. Thus, the bid capacity required is at least 4,74,81,866.00. In another scenario, the estimated cost put to tender is Rs. 5,36,02,575/-. Therefore, the bid capacity required is: Registration limit ≥ Rs. 5,36,02,575/-. Additionally, for similar works, the bid capacity required in terms of value is: - At least three similar works with each work valued at not less than Rs. 2,14,41,030, or - At least two similar works with each work valued at not less than Rs. 3,21,61,545, or - At least one similar work valued at not less than Rs. 4,28,82,060. Formulas for calculating the bid capacity based on similar works are: 1. 40% of the estimated cost for three similar works: 0.4 * estimated cost 2. 60% of the estimated cost for two similar works: 0.6 * estimated cost 3. 80% of the estimated cost for one similar work: 0.8 * estimated cost These formulas are applied to the estimated cost of Rs. 5,36,02,575/- to determine the specific bid capacity required for similar works.
Technical Capacity
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The bidder should have prior work experience in similar works, which is defined as related to building and road works. The value of CC road work components, such as GSB, DLC, and Pavement Quality concrete, should be at least 40% of the estimated cost in case of three works, 60% of the estimated cost in case of two works, and 80% of the estimated cost in case of one work. The estimated cost of the tender is 4,74,81,866.00. This implies that the bidder should have experience in works where the value of CC road work components is not less than the specified percentage of the estimated cost, but no specific amount or percentage of similar works completed is mentioned.

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