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unaudited unconsolidated financial statements form part of the
consolidated annual report of the company.
7.2.5 In case bidder does not satisfy financial criterion, stipulated at clause
7.2.1 and / Or clause 7.2.2 above on its Own, the holding company will
be required to meet the stipulated turnover requirements at clause 7.2.1
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 bid, a letter
of undertaking from the holding company, supported by 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.
Notes:
1. Net worth means the sum total of the paid up share capital and free reserves. Free
reserve means all reserves credited out of the profits and share premium account but
does not include reserves credited out of the profits and share premium account but does
not include reserves credited out of the revaluation of the assets, write back of
depreciation provision and amalgamation. Further, any debit balance of profit and loss
account and miscellaneous expenses to the extent not adjusted or write off, if any, shall
be reduced from reserves and surplus.
2. Other income shall not be considered for arriving at annual turnover.
8 GENERAL REQUIREMENTS:
The scanned self – attested copies of the following documents shall also be submitted /
uploaded by the bidders in C-Folder:
(a) Up to-date copy of latest Banker Solvency Certificate.
(b) Name and address(es) of the sole proprietor / partners / board of directors /
chairman and memorandum of articles of association / photocopy of the
partnership deed / affidavit for proprietorship / registration certificates.
(c) Copy of registration with Central Government / State Government / Public
Sector Undertaking if any.
(d) Details of Manpower (Technical / Non-Technical), Tools and Plants. Also the
bidder must submit the list of works in hand and percentage completed.
(e) GSTIN Registration certificate
(f) Copy of PAN Card.
(g) Satisfactory evidence of authority / Power of Attorney of the person signing
on behalf of the bidder
Original documents for verifications shall be produced as and when called for.
9 "Notwithstanding anything stated above, the Employer reserves the right to undertake·
a physical assessment of the capacity and capabilities including financial capacity and
capability of the Bidder / his Collaborator(s) / Associate(s) / Subsidiary(ies) / Group
Company(ies) to perform the Contract, should the circumstances warrant such
assessment in the overall interest of the Employer.
The physical assessment shall include but not be limited to the assessment of the
office/facilities/banker's/reference works by the Employer. A negative determination of
such assessment of capacity and capabilities may result in the rejection of the Bid.
10 Bidders are requested to check the Qualifying Requirements (QR) of the subject tender
before downloading / buying the tender document online.
11 Documents as a proof of meeting Qualifying Requirements shall be preferably uploaded
online in our SRM Portal.
12 Issuance of bid documents to any bidder shall not construe that such bidder is
considered to be qualified.