National Highways Authority Of India Tender

The financial eligibility for bidders to participate in this tender is based on the following points: - Net worth: More than 10% of the Annual Potential Collection (APC), which is Rs. 240.7 Crore (10% of Rs. 2407 Crore) or more than 10% of Rs. 24.07 Cr. - Positive net cash accruals: During any two financial years out of the last three financial years. No specific turnover, revenue, or net profit criteria are mentioned. However, for banks providing counter guarantees, a net worth of more than Rs. 500 Crore is required. Additionally, bid security and performance security requirements are mentioned, including: - Bid Security: 1% of APC or Rs. 10,00,000/-, whichever is higher. - Performance Security: A crossed account payee demand draft/pay order or an Insurance Surety Bond or a Bank Guarantee/E-Bank Guarantee for an amount equal to 15 days' agreed remittance, valid for 14 months from the Date of LOA.