National Highways Authority Of India Tender

The financial eligibility for bidders can be clustered into the following categories: 1. Net worth: - More than 10% of the Annual Potential Collection (APC) - No specific value mentioned in some cases, but a minimum of 10% of the APC for the Fee Plaza, further increased for each Fee Plaza awarded 2. Turnover: - No specific value mentioned 3. Revenue: - No specific value mentioned 4. Net profit: - No specific value mentioned 5. Other specified financial eligibility points: - Net cash accruals: positive in any two out of the last three Financial Years - Bid Security: 1% of APC or Rs.10,00,000/-, whichever is higher - Performance Security: - A crossed account payee demand draft/pay order, amounting to Rs. (an amount equal to 15 day’s agreed remittance) - 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 - A Bank Guarantee/ E-Bank Guarantee as per the format prescribed by the Authority from any Nationalized Indian Bank/State Bank of India or its subsidiaries/IDBI/ ICICI/Export Import Bank/Foreign Bank with counter guarantee from any Nationalized Indian Bank or State Bank of India or its subsidiaries/any RBI approved Scheduled Commercial Bank having net worth of more than Rs. 500 Crore from its Indian Operations for Rs. (an amount equal to 15 day’s agreed remittance), valid for a period of 14 months from the Date of LOA