Build on FCI-Owned Land & Earn for 10 Years: Inside the New Godown Tender

Unlocking Infrastructure Opportunities: A Complete Guide to FCI’s Godown Construction & Maintenance Tenders

The Food Corporation of India (FCI) has announced e-tenders under the Asset Monetization Policy of the Government of India.

This initiative offers civil contractors, logistics infrastructure developers, and investors a 10-year revenue-generating opportunity.

Under this scheme, selected private investors construct foodgrain godowns on FCI-owned land on a Build, Finance & Maintain basis.

FCI retains complete operational control and management of the facility, providing a long-term Guaranteed Monthly Consideration to the developer.

Here is an in-depth breakdown of the project scope, financial criteria, technical standards, and timeline to help you prepare your bid.

FCI has invited online tenders under a two-bid system (Technical and Financial) across multiple locations.

Business & Revenue Model

Construction Period

The investor must complete godown construction within 1 year from the date of the Letter of Award (LOA).

Maintenance Term

Following completion and handover, the contractor is responsible for:

Civil structural maintenance
Electrical infrastructure
CCTV systems
Hardware upkeep

The maintenance responsibility continues for 10 years.

Revenue Model

Bidders quote a Monthly Consideration in Rupees per quintal per month.

This rate remains:

Fixed
Without any price escalation
Applicable across the 10-year term

Payments are credited monthly directly to the contractor’s designated bank account.

Locations

Warehouse Combo Offer (Physical) Books

Ownership & Control

FCI retains:

Perpetual land ownership
Supervision
Stock management

Financial Eligibility & Security Requirements

To ensure capability and execution, FCI mandates clear financial prerequisites.

Minimum Net Worth Requirements

Bidders must submit a Net Worth Certificate certified by a practicing Chartered Accountant or Statutory Auditor.

Deposits & Exemptions

Earnest Money Deposit (EMD)

The EMD is calculated at ₹140 per MT.

For instance, for a 10,000 MT site, the EMD would be ₹14 Lakhs.

EMD must be remitted electronically via NEFT/RTGS.

Registered MSMEs and DPIIT-recognized Startups are exempt from EMD.

Security Deposit (SD)

The Security Deposit is set at ₹210 per MT.

The successful bidder must deposit this amount within 15 days of receiving the Letter of Award.

Key Event Chronology & Important Dates

FCI has invited online tenders under a two-bid system (Technical and Financial).

Important Dates

Bid Validity

Bids must remain open for 90 days from the technical bid opening.

Consult With Experts

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