Gujarat Energy Transmission Corporation Limited Tender

ANY CLASS

The bid capacity required in the given tender includes: 1. Minimum Average Annual Turnover (MAAT): The bidder's MAAT for the best three years out of the last five financial years should not be less than the estimated amount of the tender. Formula: MAAT = (Total turnover for the best three years) / 3 2. Liquid Assets: The bidder's last quarter's liquid assets should not be less than 20% of the estimated amount of the tender. Formula: Liquid Assets = Current Assets - Inventories 3. Net Worth: The bidder's net worth for the last three financial years should be positive. 4. Solvency: The bidder should have a bank solvency certificate for a sum of minimum 20% of the estimated cost of the tender. 5. Qualification Requirements: The bidder should meet the qualification requirements, including registration, technical criteria, and experience. The formulas for evaluating bids include: 1. Evaluated Bid Price = Bid Price + Differential Price + Cost Compensation for Deviations 2. Differential Price (DP) = n1F1 + n2F2 + … + nnFn, where F1, F2, …, Fn are the various factors in Indian Rupees per unit of parameter differential or deficiency, and n1, n2, …, nn are the respective parameter differentials or deficiencies. 3. Total Comparison Price (W) = Q + DP + D, where Q is the bid price, DP is the differential price, and D is the cost compensation for deviations.