IFR duration is 5 days. The event calendar is at https://ifr16.indiannavy.gov.in/event-calendar.htm
I’m not sure how the FIC fleet allocation is handled. If the existing ones are used to patrol Mumbai harbor, then they cannot be allocated to IFR because the event is in Vishakapatnam, in which case it is likely these additional craft may be obtained on a lease. What I’m unsure about is whether the contract or tender is for 5 days only or more than 5. I suspect it is the latter.
Costs for the entire event have not been divulged to the press; this is from ET. But it is by no means a low-cost event with the State government allocating 74 crores. 70-90 ships are expected at this event, so costs for security are not expected to be low. I pulled up tender values for hire rates of FICs, and going by this tender, the rate is around 165k per day for 7 craft. Of course, that is a ballpark figure for estimating the contract value for IFR.
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