National Highways Authority Of India Tender

The financial eligibility for bidders to participate in this tender can be clustered as follows: - Net worth: 10% of the Annual Potential Collection (APC), with an additional 10% increase for each Fee Plaza. - For the mentioned project, the net worth should be more than 10% of Rs. 41.96 Cr, which is Rs. 4.196 Cr, and an additional 10% increase for this Fee Plaza. - Net Cash Accruals: The bidder should have positive net cash accruals during any two Financial Years out of the last three Financial Years. - Bid Security: The Bid Security shall be an amount equivalent to 1% of APC or Rs.10,00,000/-, whichever is higher. - Performance Security: The successful Bidder shall furnish to the Authority the Performance Security consisting of a crossed account payee demand draft/pay order, amounting to Rs. (an amount equal to 15 day’s agreed remittance), and an Insurance Surety Bond for Rs. (an amount equal to 15 day’s agreed remittance), valid for a period of 14 months from the Date of LOA. Turnover, revenue, and net profit are not explicitly mentioned.