National Highways Authority Of India Tender

The class eligibility requirement to bid or participate in this tender is Class – I local supplier or Class – II local supplier.

The bid capacity required in the given tender to bid is calculated using the formula: Assessed Available BID capacity = (A*N*2.5 – B + C) Where: A = Maximum value of civil engineering works excluding the amount of bonus received, if any, in respect of EPC Projects executed in any one year during the last five years. B = Value of existing commitments, works for which the bidder has emerged as the winner of the bids or on-going works to be completed during the period of completion of the works for which BID is invited. C = The amount of bonus received, if any, in EPC Projects during the last 5 years. N = Number of years prescribed for completion of work for which Bid is invited. Additionally, the available BID capacity should be more than the total BID value, and the Bidder shall have a minimum Average Annual Turnover of 15% of the tendered/Bid value, which is Rs. 11.09 Crore. In case of a Joint Venture, the Lead Member shall meet at least 60% requirement of Bid Capacity, and each of the other JV members shall meet at least 20% requirement of Bid Capacity individually. The Bid capacity required in the given tender is also mentioned in terms of Net Cash Accruals and Net Worth. Net Cash Accruals = Profit After Tax + Depreciation. Net Worth = aggregate value of the paid-up share capital and all reserves created out of the profits and securities premium account, after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off.