National Highways Authority Of India Tender

The bid capacity required in the given tender is related to the Annual Remittance, which is the sole criteria for evaluation of bids. The Bidder quoting the highest Annual Remittance will be awarded the work. The Annual Remittance is to be quoted by the Bidder payable to the Authority on a weekly basis. The Bid capacity can be calculated using the Annual Potential Collection (APC) indicated, which is Rs. 27.87 Crore. The formula to calculate the Bid capacity is: Annual Remittance > Annual Potential Collection (APC) Where APC = Rs. 27.87 Crore Additionally, the net worth of the bidder should be more than 10% of the Annual Potential Collection (APC), which can be calculated as: Net Worth > (10/100) * 27.87 Crore Net Worth > 2.787 Crore The bid capacity required also includes the Performance Security, which consists of an amount equal to 15 days' agreed remittance. However, the exact formula for calculating the Performance Security amount is not specified. The Bid Security required is 1% of the APC or Rs. 10,00,000/-, whichever is higher. The Performance Security required is 15 days' agreed remittance, which can be calculated as a percentage of the Annual Remittance quoted by the Bidder. Since some formulas are found, these are provided above. However, the exact formula for calculating the bid capacity is not fully found, but some related formulas are provided above.