State Warehousing Corporation Tender

The required prior work experience for the bidder includes having successfully executed or completed similar services over the last three years. The specific requirements are as follows: 1. Three similar completed services, each costing not less than 40% of the estimated cost. 2. Two similar completed services, each 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 cost is 21000000, the values are: - 40% of 21000000 for three similar completed services - 50% of 21000000 for two similar completed services - 80% of 21000000 for one similar completed service Calculating these values: - 40% of 21000000 = 0.4 * 21000000 = 8400000 - 50% of 21000000 = 0.5 * 21000000 = 10500000 - 80% of 21000000 = 0.8 * 21000000 = 16800000 Therefore, the bidder needs to have completed: - Three similar services, each costing at least 8400000 - Two similar services, each costing at least 10500000 - One similar service costing at least 16800000