Maharashtra State Road Development Corporation Limited Tender

The bid capacity required includes: 1. Minimum average annual turnover of Rs. 32 Cr in last three financial years. 2. Minimum net worth of Rs. 16 Cr in last financial year. 3. Experience of operation of Toll Plaza having total 8 lanes under a single contract. 4. Experience of Operation and maintenance of minimum 4 FASTag Lanes in a single contract in last 3 years. Formulas: 1. Cash flow submitted by the offerer shall assign maximum 10% towards administrative expenditure and profit as deduction from the gross toll revenue. - 5% towards Offerer’s profit - 5% towards administrative expenditure. Additionally, for Joint Ventures: 1. The Joint Venture shall cumulatively comply with the condition of experience criteria. 2. The Joint Venture shall comply with the condition of minimum average annual turnover, however, the turnover of the lead partner shall not be less than 50% of the Minimum annual turnover required. 3. The net worth of the Joint Venture shall meet the requirement, however, the net worth of the lead partner shall not be less than 50% of the net worth required. Other values and formulas: * Net Worth: Rs. 16 Cr * Average annual Turnover: Rs. 32 Cr * Minimum turnover requirement for lead partner in Joint Venture: 50% of Rs. 32 Cr = Rs. 16 Cr * Minimum net worth requirement for lead partner in Joint Venture: 50% of Rs. 16 Cr = Rs. 8 Cr * Earnest Money Deposit: Rs. 64,00,000/- * Performance Security: 10% of Estimated Realization or offer amount quoted by the Contractor, whichever is more * Security Deposit: 5% of Estimated Realization or offer amount quoted by the Contractor, whichever is more * Estimated Realization: Rs. 64,00,00,000/- * Performance Security: 10% of Rs. 64,00,00,000/- = Rs. 6,40,00,000/- * Security Deposit: 5% of Rs. 64,00,00,000/- = Rs. 3,20,00,000/- Formulas for calculation: 1. Average Annual Turnover = (Total Turnover for the last 3 years) / 3 2. Performance Security Amount = 10% of (Estimated Realization or Offer Amount, whichever is more) 3. Security Deposit Amount = 5% of (Estimated Realization or Offer Amount, whichever is more) 4. Cash flow deduction = 10% of gross toll revenue (5% towards Offerer’s profit + 5% towards administrative expenditure)