Pashchimanchal Vidyut Vitran Nigam Limited Tender

Class "A" Electrical License Holder.

The bid capacity required in the given tender can be determined by several key metrics and formulas. 1. Minimum Average Annual Turnover (MAAT): The bidder should have a minimum average annual turnover of Rs. 374.35 Lakh per annum for the best three financial years out of the last five financial years, which is 100% of the estimated cost. 2. Net Worth: The net worth of the bidder should be positive, calculated as the sum total of the paid-up capital and free reserves reduced by the aggregate value of accumulated losses and intangible assets. 3. Solvency: The bidder should have a minimum solvency of Rs. 93.59 Lakh or a credit facility for the same from a scheduled commercial bank, which is 25% of the estimated cost. 4. Technical Capability: The bidder should have a valid Class “A” Electrical License and should have successfully completed turnkey/semi-turnkey work of a similar nature with specific order value requirements. The formulas for calculating the required turnover, net worth, and solvency are: - MAAT = 100% of Estimated Cost - Net Worth = (Paid-up Capital + Free Reserves) - (Accumulated Losses + Intangible Assets) - Solvency = 25% of Estimated Cost Additionally, the bid capacity required in terms of financial guarantees includes: 1. Earnest Money Deposit (EMD): Rs. 3,74,350.00 2. Performance Bank Guarantee (PBG): 10% of the value of the Awarded Contract, calculated as PBG = 0.10 * Awarded Contract Value 3. Additional Performance Bank Guarantee for impractical rates: 10% of the total contract amount for a period of 05 years, calculated as 0.10 * Total Contract Amount