FCI Silo Tender: 54 Locations, 17 Projects, Across 7 States
FCI – Silo Tender
54 Locations, 17 Projects, 7 States.
Last date for submitting tender is 7th November 2024.
Dear Warehouse Businessman,
Are you willing to participate in FCI – SILO Tender but still confused about Net Worth Eligibility criteria and Financial Feasibility of Tender?
Want to know how to fix the financial bid.
Want to know about revenue Model for FCI – Silo.
Then the information shared herewith is going to become more beneficial for you.
1. Brief about Tender:
FCI (Food Corporation of India) has invited Tender for Silo Warehouse for HUB and Spoke Model Under Design, Build, Finance, Operate and Own (DBFOO) model.
To know more about location, Click here.
2. Financial Eligibility:
Minimum Net-worth required 25% of Total Project Cost.
3. Who Can Apply:
Bidders may be individual or a Company or a Group of Members (Consortium) as per the need for met out Net Worth Criteria.
IF bidders constitute a consortium, then Net worth shall be considered to those members who have sharing more then 26%.
.
4. One SPV for Each Project:
The entire set of locations as a Project and the Selected Bidder shall have to form a single SPV for the Project.
5. Identification of Site:
Bidder need not to have required land before submission the tender. They need to identified the site at least 80% of required sites within 270 days from the date of signing of the Concession Agreement.
This period may be extended with the following conditions:
1. Submission of Performance Security within 30 days of signing of Concession Agreement
2. Affidavit of Identification of the Site 60% within 240 days of signing of Concession Agreement
3. If applicable, for Hub Silo Complex, achievement of in-principal approval from Railways within 240 days.
6. Land Required:
Capacity For Spoke For HUB
25,000 MT 4 Acre 15 Acre
37,500 MT 6 Acre 17 Acre
50,000 MT 7 Acre 18 Acre
62,500 MT 8 Acre 19 Acre
75,000 MT 9 Acre 20 Acre
1,00,000 MT 11 Acre 22 Acre
1,25,000 MT 13 Acre 24 Acre
1,50,000 MT 15 Acre 26 Acre
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7. Revenue Model:
Bidders will receive the revenue in the below mentioned form as:
a) Fixed Storage Charge;
b) Variable Charge;
c) Handling Charges; and
a) Fixed Storage Charges:
The Fixed Storage Charges shall be the L-1 as per the rate quoted in Tender. This will be decreased by 2% (two per cent) and Increased by the WPI and CPI Index.
Base rent after 2% reduction: 92.24
WPI for 5th year : 231.14
WPI for base Year: 181.36
CPI for 5th Year : 212.31
CPI for base Year: 166.60
Increase with following percent
1+(70% of increase in WPI +30% of increase in CPI)
1+ ((231.14-181.36)/181.36)*70%+((212.31-166.60)/166.60)*30% = 1.27
Estimated rent will be 92.24*1.27 = 117.14
Rent will be
b) Variable Storage Charges:
Rs.0.77 (Rupees zero point Seventy Seven) per quintal per month.
Increase with following percent
1+(70% of increase in WPI +30% of increase in CPI)
c) Handling Charges
As per schedule I of Concession Agreement
8. KIP Services for FCI Silo Tender:
We at KIP will assists to the bidder in:
(i) Tender Filling and Documentation
(ii) Financial Feasibility Report:
It will help to the bidder for determining the Bid Rate. It will cover the following major part of financial such as:
(i) Cost of Project
(ii) Banking Provision
(iii) Projected Fixed Storge Rent
(iv) Projected Revenue for 32 Years
(v) Projected Cash flow after taxation
(vi) Project IRR
(vii) Project Pay Back Period
To know more about filling of Silo Tender you may connect with us at………..
Tender Location: https://kipfinancial.com/fci-silo-tender-7-states/
For Enquiry :- 8683898080
KIP Financial Consultancy Pvt. Ltd.
DSB – 38, Red Square Market, Hisar – 125001 (HR)