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“We are pushing the Defence Ministry to open the bids of these two companies by the end of this month,” a senior IAF official told PTI.
After the opening of the commercial bids, the Defence Ministry will work out the L-1 (lowest bidder) in the tender on the basis of the life cycle cost of operating the two aircraft.
“There are around nine enclosures and each of them have 20 points which include parameters like labour cost, repairing and maintenance cost, cost of spare parts and their service ability and the man-hours required to maintain the aircraft. All this would be taken into account to determine the lowest bidder,” the official said.
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