Indian Institute Of Foreign Trade Tender

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Indian Institute Of Foreign Trade - IIFT Tender

Services
Food Products
Eprocure
Opening Date27 Jan 2025
Closing Date17 Feb 2025
Tender Amount₹ 2,25,00,000 

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Bid Capacity
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The bid capacity required to bid can be summarized as follows: - Bank Solvency Certificate: 40% of estimated cost = 0.4 * 2,25,00,000 = Rs. 90,00,000 - Annual average turnover: Rs. 1,50,00,000 - Work experience: - 3 works with value >= Rs. 1,80,00,000 - OR 2 works with value >= Rs. 1,35,00,000 - OR 1 work with value >= Rs. 90,00,000 Formulas based on the given information are: - Minimum Average Annual Turnover = Total Minimum Turnover for 5 Years / 5 - Minimum Cost of 3 Similar Works = Rs. 1,80,00,000/- - Minimum Cost of 2 Similar Works = Rs. 1,35,00,000/- - Minimum Cost of 1 Similar Work = Rs. 90,00,000/-
Technical Capacity
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The bidder should have experience of having successfully completed similar works during the last 7 years. The similar works should be in the format of "Providing Mess / Canteen / Dining Hall Services". The work experience should meet one of the following conditions: (i) Three similar completed works costing not less than the amount of Rs. 1,80,00,000/- OR (ii) Two similar completed works, costing not less than the amount of Rs. 1,35,00,000/- OR (iii) One similar completed work of aggregate cost not less than the amount of Rs. 90,00,000/- No specific percentage of similar works completed is mentioned. However, the bidder can use the work experience of its subsidiary company to the extent of its ownership in the subsidiary company. In case of a Company/firm, formed after merger and/ or acquisition of other companies/ firms, past work experience and Financial parameters like turnover, profitability, net worth etc. of the merged/ acquired companies/ firms will be considered for qualification of such Company/ firm provided such Company/ firm continues to own the requisite assets and resources of the merged/ acquired companies/ firms. The bidder's experience of running Mess/ Dining hall is evaluated for 20 marks.

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