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 Highest Bidder, who offers the highest Annual Remittance, will be declared as the Selected Bidder. The bid security required is 1% of the Annual Potential Collection (APC) or Rs. 10,00,000, whichever is higher. Given the APC value of Rs. 25.44 Crore, the bid security can be calculated as: 1% of Rs. 25.44 Crore = 0.01 * 25.44 Crore = Rs. 0.2544 Crore = Rs. 25.44 Lakh. The formula for calculating the bid security is: Bid Security = 1% of APC (or Rs. 10,00,000, whichever is higher). Bid Security = 0.01 * APC Bid Security = Rs. 25.44 Lakh Additionally, the performance security required is an amount equal to 15 day’s agreed remittance, but the exact amount is not calculable with the given information. The net worth of the bidder should be more than 10% of the Annual Project Cost (APC) at the close of the preceding Financial Year, and the bidder should have positive net cash accruals during any two Financial Years out of the last three Financial Years. Net Worth > 0.1 * APC Net Cash Accruals > 0 in at least 2 out of the last 3 Financial Years However, the exact formula for calculating the bid capacity is not explicitly mentioned.