National Highways Authority Of India Tender

The bid capacity required in the given tender is the Annual Remittance offered to the Authority. The highest Annual Remittance offered by a Bidder will be declared as the Selected Bidder. The formula to determine the Selected Bidder is the Bidder who offers the highest Annual Remittance. To participate in the bidding process, the Bidder needs to quote an Annual Remittance amount. The Bid Security required is 1% of the Annual Potential Collection (APC) or Rs. 10,00,000/-, whichever is higher. The Performance Security required is an amount equal to 15 days' agreed remittance. The Annual Potential Collection (APC) for the Lehrabega Fee Plaza is Rs. 31.78 Crore. The net worth of the bidder should be more than 10% of the Annual Potential Collection (APC), which is Rs. 3.178 Crore. The bidder should also have positive net cash accruals during any two Financial Years out of the last three Financial Years. The formula for calculating the bid capacity is: Bid Capacity > 0.1 * APC, where APC is the Annual Potential Collection. In this case, the APC is Rs. 31.78 Crore, so the bid capacity required is: Bid Capacity > 0.1 * 31.78 Crore, Bid Capacity > Rs. 3.178 Crore.