DETAILED INVITATION FOR BID
EASTERN REGION-I HQ PATNA
BIDDING DOCUMENT NO. : CS-0011-302-9
CONSTRUCTION OF OFFICE-CUM RESIDENTIAL
COMPLEX FOR ER1-HQ AT PATNA PACKAGE
And
b) Cumulative built-up area of all buildings of four (4) storeys or more
in maximum of two reference works is atleast 3600 Sqm.
Reference work means work executed in single premises, i.e. a
building complex with constructions in contiguous land parcels at
particular location in one or more contracts.
4 a) The reference works executed by the bidder’s group company /
subsidiary company shall not be considered for meeting the
qualifying requirements by the bidder.
b) Reference work executed by a Bidder as a sub-contractor may
also be considered provided the certificate issued by main
contractor is duly certified by Project Authority specifying the
Scope of Work executed by the sub-contractor in support of
qualifying requirements.
7.2.0 Financial Criteria for Qualification:
a) The average annual turnover of the Bidder, in the preceding three (3) financial years
as on the date of Techno-Commercial bid opening, should not be less than INR 251
Millions.
In case a Bidder does not satisfy the average annual turnover criteria, stipulated
above on its own, its Holding Company would be required to meet the stipulated
turnover requirement as above, provided that the Net Worth of such Holding
Company as on the last day of the preceding financial year is at least equal to or
more than the paid-up share capital of the Holding Company. In such an event, the
Bidder would be required to furnish along with its Techno-Commercial bid, a Letter
of Undertaking from the Holding Company, supported by the Holding Company's
Board Resolution, as per the format enclosed in the bid documents, pledging
unconditional and irrevocable financial support for the execution of the Contract by
the Bidder in case of award.
b) Net worth should not be less than 100% (hundred percent) of the bidder's paid up
share capital as on the last day of the preceding financial year. In case the Bidder
meets the requirement of Net worth based on the strength of its Subsidiary (ies) and
/ or Holding Company and / or Subsidiaries of its Holding companies wherever
applicable, the Net worth of the Bidder and its Subsidiary (ies) and / or Holding
Company and / or Subsidiary (ies) of the Holding Company, in combined manner
should not be less than 100% (hundred percent) of their total paid up share capital.
However, individually, their Net worth should not be less than 75% (seventy five
percent) of their respective paid up share capitals.