Meghalaya Energy Corporation Limited Tender

The financial eligibility criteria for the bidder to participate in this tender can be clustered into the following categories: 1. Net Worth: The Net Worth for the last 3 financial years should be positive. 2. Minimum Average Annual Turnover (MAAT): - The MAAT of the bidder for the best three years (36 months) out of the last five financial years should not be less than Rs. 21,76,50,000/-. - This value is equivalent to 30% of the estimated cost of the project. 3. Liquid Assets: - The bidder should have Liquid Assets (LA) and/or evidence of access to or availability of credit facilities not less than Rs 725.5 Lakh. - This value is equivalent to 10% of the estimated cost of the project. For Joint Venture (JV) bids, the additional financial eligibility criteria are: 1. Lead Partner: - The lead partner should meet not less than 40% of the Financial Position minimum criteria (MAAT and Liquid Assets). 2. Other Partners: - Each of the other partners individually should meet not less than 25% of the minimum Financial Position criteria (MAAT and Liquid Assets). 3. Collective Requirement: - The JV partners collectively should meet the complete requirements mentioned above.