Assam State Transport Corporation Tender

Based on the provided information, the financial eligibility criteria for bidders to participate in this tender can be clustered as follows: 1. Net Worth: - Minimum net worth of 25% of the bid value for the work. - Minimum net worth, but the exact value is not specified. 2. Turnover: - Average annual financial turnover (gross) of 30% of the Estimated Cost put to Tender on construction works during the last three consecutive years ending March 2024. 3. Revenue: - No specific values or percentages mentioned. 4. Net Profit: - The bidder should not have incurred any loss (profit after tax should be positive) in more than two years during the available last five consecutive financial years ending 31st March 2024. 5. Other specified financial eligibility points: - The bidder should have access to or availability of credit facilities (minimum 10% of estimated cost) certified by the bankers. - The bidder should be able to invest a minimum of 25% of the contract value of work during implementation of the contract. - Liquid assets (working capital in hand and bank guarantees) and/or credit facilities of not less than 10% of the contract/contracts applied for. - Construction cash-flow may be taken as 10% of the estimated value of contract/contracts.