State Bank Of India Tender

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State Bank Of India - SBI Tender

Services
Housekeeping Services
GEM
Opening Date27 Jan 2025
Closing Date17 Feb 2025
Tender Amount₹ 2,12,42,136 

AI Insights

Technical
Bid Capacity
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To determine the bid capacity required, we look at the conditions for past experience of similar services. The bidder must have successfully executed similar services meeting one of the following conditions: 1. Three similar completed services costing not less than 40% of the estimated cost. 2. Two similar completed services 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 is 21242136, we can use this for calculations: - For three similar services: 40% of 21242136 = 0.4 * 21242136 = 8496854.4 - For two similar services: 50% of 21242136 = 0.5 * 21242136 = 10621068 - For one similar service: 80% of 21242136 = 0.8 * 21242136 = 16993708.8 Thus, the bid capacity required can be calculated using these formulas and the given Estimated Bid Value.
Technical Capacity
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The required prior work experience for the bidder is at least 3 years of providing similar type of services to any Central / State Govt Organization / PSU. The experience should be up to the ending month of March prior to the bid opening. There are specific requirements for similar completed services, including: 1. Three similar completed services costing not less than 40% of the estimated cost; 2. Two similar completed services costing not less than 50% of the estimated cost; 3. One similar completed service costing not less than 80% of the estimated cost. However, in some cases, no specific value or percentage of similar works completed is mentioned. The bidder needs to provide documents to prove their eligibility, including experience criteria and certificates. Additionally, an EMD (Earnest Money Deposit) amount of 200000 is mentioned, but it is not related to the prior work experience.

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