National Highways Authority Of India Tender
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Bid Capacity
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The bid capacity required in the given tender can be calculated using the following formulas: 1. Net Worth Requirement: Net Worth > 0.10 * Annual Potential Collection (APC)
Net Worth > 0.10 * 2,92,00,000.00
Net Worth > 0.292 Crore 2. Bid Security: Bid Security = 0.01 * APC or 10,00,000, whichever is higher
Bid Security = 0.01 * 2,92,00,000.00 or 10,00,000
Bid Security = 0.0292 Crore or 10,00,000
Since 0.0292 Crore (2,92,000) is less than 10,00,000, the Bid Security required is 10,00,000. The Performance Security amount is dependent on the agreed remittance, which is not specified. The Annual Remittance is the sole criteria for evaluation of bids, and the Highest Bidder is the one who offers the highest Annual Remittance. However, the exact formula to calculate the Annual Remittance is not provided. The value of the bid capacity is not explicitly mentioned, but the Annual Remittance is mentioned to be quoted by the Bidder payable to the Authority on a weekly basis. The net worth requirement can also be calculated as: Net Worth = 0.1 * APC + (Number of Fee Plazas * 0.1 * APC), but the exact number of Fee Plazas is not provided. Therefore, the bid capacity required includes having a net worth of more than 10% of the APC and providing a Bid Security of 10,00,000.
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Description
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Contact
Tender Id
2025_NHAI_229233_1Tender No
NHAI/13013/547/CO /24-25/CB/ Konetipuram FPTender Authority
National Highways Authority Of India ViewPurchaser Address
-Website
http://https://nhai.gov.in/
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