Food Corporation Of India Tender

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Food Corporation Of India - FCI Tender

Services
Transportation and Logistics
GEM
Opening Date19 Feb 2025
Closing Date12 Mar 2025
Tender Amount₹ 10,02,00,000 

AI Insights

Technical
Financial
Bid Capacity
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To determine the bid capacity required, we look at the experience and financial criteria specified for bidders. The requirements include past experience of similar services and an estimated bid value. The conditions are as follows: 1. Three similar completed services costing not less than 40% of the estimated cost, which is 40100000. 2. Two similar completed services costing not less than 50% of the estimated cost, which is 50100000. 3. One similar completed service costing not less than 80% of the estimated cost, which is 80200000. Therefore, the bid capacity required can be summarized as: - Three similar services with a total value of at least 40100000, - Two similar services with a total value of at least 50100000, - One similar service with a value of at least 80200000.
Technical Capacity
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The required prior work experience for the bidder includes completing similar services within the current financial year and the last three financial years. The specifics are as follows: 1. Three similar completed services costing not less than 40% of the estimated cost, which is 40180000. 2. Two similar completed services costing not less than 50% of the estimated cost, which is 50100000. 3. One similar completed service costing not less than 80% of the estimated cost, which is 80160000. The estimated cost is 100200000. The bidder must have successfully executed/completed similar services over the last three years with the mentioned values and percentages. The experience criteria involve completing similar services with values of at least 40180000 (for three services), 50100000 (for two services), or 80160000 (for one service), which correspond to 40%, 50%, and 80% of the estimated bid value, respectively.

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