Assam Power Distribution Company Limited Tender

The financial eligibility criteria for the bidder to participate in this tender can be clustered into the following points: 1. Net Worth: Calculated using the formula: Net-worth = (Paid up share capital) + {(Free reserves – Share premium) + Share premium of listed companies)} - (Revaluation of reserves) - (Intangible assets) - (Miscellaneous expenditure to the extent not written off and carry forward losses). No specific value is mentioned. 2. Annual Turnover: The bidder should have a certain annual turnover, but the exact value is not specified. 3. Equity: In case of a Consortium, the Lead Member should have at least 26% equity in each company whose accounts are merged in the audited consolidated accounts. 4. Financial Standing: For companies operative for less than 3 years, the financial standing will be considered based on available audited balance sheets. No specific value or percentage is mentioned. 5. Audited Financial Years: The financial data of previous 2 audited financial years will be taken into consideration for evaluation. No specific values or percentages are mentioned for net worth, turnover, revenue, or net profit, except for the 26% equity requirement in consolidated accounts.