National Highways Authority Of India Tender

The bid capacity required in the given tender has multiple components and formulas. 1. The net worth of the bidder should be more than 10% of the Annual Premium Collection (APC). The formula for this is: Net Worth > 0.1 * APC. 2. The Annual Remittance to be quoted by the bidder is payable to the Authority on a weekly basis. 3. The Performance Security required is an amount equal to 15 days' agreed remittance. The formula for this is: Performance Security = 15 * Daily Remittance. 4. The Bid Security required is an amount equivalent to 1% of APC or Rs. 10,00,000, whichever is higher. The formula for this is: Bid Security = max(0.01 * APC, 1000000). 5. The bid capacity required is also related to the Annual Premium Collection (APC) per annum, which is Rs. 14,30,00,000.00. The bidder needs to quote a percentage above or below this amount. The quoted remittance can be calculated as: Quoted Remittance = APC per annum + (APC per annum * percentage above/below). 6. The net-worth required can also be calculated as: Net-worth = 0.1 * APC + 0.1 * (number of Fee Plazas in-hand/awarded) * APC. For the first Fee Plaza, the net-worth required would be: Net-worth = 0.1 * 14.30 Crore = 1.43 Crore. For each additional Fee Plaza in-hand/awarded, the net-worth required would increase by 0.1 * APC.