Indian Council Of Agricultural Research Tender

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Indian Council Of Agricultural Research - ICAR Tender

Services
Manpower Supply
GEM
Opening Date6 Jan 2025
Closing Date1 Feb 2025
Tender Amount₹ 3,45,76,301.252 

AI Insights

Technical
Bid Capacity
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The bid capacity required in the given tender includes financial and experiential criteria. The financial criteria specify a minimum average annual turnover of 300 Lakh for the last 3 years. The experiential criteria require bidders to have at least 5 years of experience in similar services, with specific conditions such as completing similar services costing not less than 40%, 50%, or 80% of the estimated cost. However, the estimated cost is provided as 34576301.252, allowing for calculations of these thresholds as 13830520.5, 17288150.626, and 27661081.0016, respectively. Additionally, an Earnest Money Deposit (EMD) of 1728500 and an Electronic Performance Bank Guarantee (ePBG) of 5% for 3 months are required, with exemptions for certain categories. Since specific formulas for calculating the bid capacity are not directly provided but rather implied through these criteria, the bid capacity required involves both financial and experiential criteria, along with EMD and ePBG requirements. Therefore, the bid capacity thresholds are 13830520.5, 17288150.626, and 27661081.0016 based on the estimated bid value, but a singular bid capacity value or straightforward formula is not directly stated.
Technical Capacity
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The required prior work experience for the bidder is a minimum of 5 years for the same or similar services. Additionally, the bidder must have successfully executed/completed similar services over the last three years, with specific requirements including: - Three similar completed services costing not less than 40% of the estimated cost, - Two similar completed services costing not less than 50% of the estimated cost, - One similar completed service costing not less than 80% of the estimated cost. The bidder should also have a minimum average annual turnover of 300 Lakh (s) for the last 3 years. However, some sources also mention a required experience of 10 years for the same or similar service.

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