National Highways Authority Of India Tender

The bid capacity required in the given tender can be calculated using the following formula: Quoted Remittance Per Annum = APC PER ANNUM (in Rs.) * (% Above / % Below) Where: APC PER ANNUM (in Rs.) = 18,54,00,000.00 % Above / % Below = to be filled by the bidder in Column-B Alternatively, the bid capacity required can also be related to the net worth of the bidder, which should be more than 10% of the Annual Potential Collection (APC) of the project, i.e., 10% of Rs. 18.54 Crore = 0.1 * 18.54 = Rs. 1.854 Crore. Additionally, the bidder should have positive net cash accruals during any two financial years out of the last three financial years, and provide a Performance Security of Rs. 500 Crore (or an amount equal to 15 days' agreed remittance), valid for a period of 14 months from the Date of Letter of Award (LOA). However, another value of bid capacity is also mentioned as Annual Remittance = Rs. 18.54 Crore. So, the bid capacity required can be summarized as: Net Worth > Rs. 1.854 Crore Positive net cash accruals in at least 2 out of 3 financial years Performance Security: Rs. 500 Crore (or an amount equal to 15 days' agreed remittance) Quoted Remittance Per Annum = APC PER ANNUM (in Rs.) * (% Above / % Below) Annual Remittance = Rs. 18.54 Crore.