National Highway = 24 Length = 19.284 Kms NHAI Cost = Rs. 1376.51 Crores Bid Security = 1% of NHAI Cost Construction Period = 910 days (30 months) Operations Period = 15 years from COD Bid Variable NPV of Bid Project Cost + NPV of O&M Cost NPV @ [Bank Rate + 3%] As per specified XL format Performance Security = 5% of Bid Cost Additional Performance Security 10% of [NHAI Cost – Bid Cost] Payable if Bid Cost is lower than NHAI Cost Equity Restriction = 51% upto 2 years from COD Conditions Precedent = NHAI to fulfill in 150 days