National Highways Authority Of India Tender

The bid capacity required in the given tender includes: 1. Bid Security: 1% of APC or Rs.10,00,000/-, whichever is higher. 2. Performance Security: An amount equal to 15 day's agreed remittance. 3. Annual Remittance: The highest value offered by the bidder, payable to the Authority on a weekly basis. Formulas: - Bid Security: 1% of APC or Rs.10,00,000/- - Minimum Net Worth: Net Worth > 0.10 * APC - Performance Security Amount: 15 day's agreed remittance Given the Annual Potential Collection (APC) as Rs. 7.71 Crore, - Minimum Net Worth: Net Worth > 0.10 * 7.71 Crore = Net Worth > 0.771 Crore For Performance Security, using the daily collection derived from the annual potential collection: - Daily collection = Rs. 7,710,000 / 365 ≈ Rs. 21,097 - 15-day remittance ≈ Rs. 21,097 * 15 ≈ Rs. 316,455 Thus, the bid capacity required, based on the interpretation of the provided information, includes a Performance Security of approximately Rs. 316,455, a Bid Security of 1% of APC or Rs.10,00,000/-, and a Minimum Net Worth of more than Rs. 0.771 Crore.