National Highways Authority Of India Tender

The bid capacity required in the given tender is the Annual Remittance. The Annual Remittance quoted shall constitute the sole criteria for evaluation of bids. The bidder offering the highest Annual Remittance shall be considered the Highest Bidder. Formulas for calculating weekly and monthly amounts are provided: - Weekly amount: (Annual Remittance / 365 or 366) * 7 - Monthly amount: Annual Remittance / 12 Additionally, the bidder should have a net worth of more than 10% of the Annual Potential Collection (APC), which is Rs. 4.48 Crore, and positive net cash accruals during any two financial years out of the last three financial years. Another formula for calculating the Annual Remittance is: Annual Remittance = Weekly Remittance * 52 The Performance Security required is 15 days' agreed remittance, which can be calculated using the formula: Performance Security = 15 days' agreed remittance However, the exact Annual Remittance value is not specified. The value of the tender is Rs. 44.80 Crore. The bid capacity required can be summarized as: Net worth > 10% of APC (Rs. 4.48 Crore) and positive net cash accruals in at least two out of the last three financial years, with the highest Annual Remittance being selected.