National Highways Authority Of India Tender

The bid capacity required in the given tender is the Annual Remittance, which can be calculated using the formula: Quoted Remittance = APC x (1 + % above/below) Where: - APC = Annual Potential Collection (Rs. 61,43,00,000.00) - % above/below = percentage quoted by the bidder above or below the APC Additionally, the bid capacity required is related to the net worth of the bidder, which should be more than 10% of the Annual Potential Collection (APC), and can be calculated as: Net-worth Requirement = (10% of APC) + (10% of APC for each Fee Plaza in-hand or awarded) = 0.1 * 61.43 Crore + (0.1 * 61.43 Crore for each Fee Plaza in-hand or awarded) = 6.143 Crore + (6.143 Crore for each Fee Plaza in-hand or awarded) The Bid Security required is 1% of APC, which is: Bid Security = 1% of APC = 0.01 * 61.43 Crore = Rs. 6143000 The Performance Security amount is equal to 15 day’s agreed remittance. The Annual Remittance is payable to the Authority on a weekly basis. The bidder with the highest Annual Remittance offered to the Authority will be declared as the Selected Bidder. The net worth of the bidder should be more than Rs. 6.143 Crore, and the bidder should have positive net cash accruals during any two Financial Years out of the last three Financial Years.