State Warehousing Corporation Tender

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State Warehousing Corporation Tender

Services
Transportation and Logistics
GEM
Opening Date5 Mar 2025
Closing Soon20 Mar 2025
Tender Amount₹ 2,10,00,000 

AI Insights

Technical
Financial
Class Of Bidder
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Class I and Class II.
Bid Capacity
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The bid capacity required in the given tender can be calculated using the following formulas and values: 1. For three similar services: 3 * 0.4 * Estimated Cost = 3 * 0.4 * 10593097 = 12751638.84 2. For two similar services: 2 * 0.5 * Estimated Cost = 2 * 0.5 * 10593097 = 10593097 3. For one similar service: 1 * 0.8 * Estimated Cost = 1 * 0.8 * 10593097 = 8482447.76 These values represent the minimum total cost of similar services a bidder must have completed to meet the eligibility criteria for the tender.
Technical Capacity
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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: 1. Three similar completed services costing not less than 40% of the estimated cost (8400000), 2. Two similar completed services costing not less than 50% of the estimated cost (10500000), 3. One similar completed service costing not less than 80% of the estimated cost (16800000). The required prior work experience for the bidder is mentioned as "Yes" for similar services, but specific details on the value and percentage of similar works completed are not provided, except for the base value in INR (inclusive of all taxes) which is given as 10593097. However, this base value does not directly relate to the percentage of similar works completed.

Costs

Description

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