Assam Power Distribution Company Limited Tender

The financial eligibility criteria for bidders to participate in this tender can be clustered into the following points: 1. Net Worth: The formula for calculating net worth is provided, but no specific value or percentage is mentioned. However, in one instance, it is mentioned that the net worth of the bidder should be positive during the last audited financial year. 2. Turnover: Minimum Average Annual Turnover (MAAT) is specified as Rs. 10.00 Crore in the last 3 audited financial years for each package. No specific values or percentages are mentioned for revenue or net profit. The financial data for the last 3 audited financial years should be submitted by the bidder in the prescribed format, certified by a Registered Chartered Accountant. Additionally, for companies operative for less than 3 years, they can still be considered if their financial standing meets the tender requirement based on available audited balance sheets. In case of a consortium, the financial eligibility criteria like MAAT or Net-worth shall be fulfilled by the lead member of the consortium.