5.0 Brief Scope of Work & other specific detail
Renovation, Modernization and Comprehensive Maintenance of Goods & Passenger lift of Stage-II Boiler.
6.0 Prospective bidders from U.P. State are compulsorily required to provide TIN number at the time of purchase of bidding
documents.
7.0 Qualifying Requirements for Bidders:
In addition to satisfactory fulfillment of the Qualifying requirement stipulated in Section-ITB ( Instructions to Bidders) of Bid
documents, the following shall also apply.
1.0 Technical Criteria
1.1 The bidder should be manufacturer of goods/passenger cum goods lift.
AND
1.2 The bidder should have supplied, installed and commissioned at least 2 no.s of goods or passenger cum goods lift each with
minimum capacity of 2000Kg(not necessarily in single order), during last seven (07) years prior to the date of techno commercial bid
opening and these lifts should be in successful operation for at least 2 (two) years prior to the date of techno commercial bid opening.
2.0 Financial Criteria
2.1 The average annual turnover of the Bidder, in the preceding three (3) financial years as on the date of techno commercial bid
opening shall not be less than Rs. 795 Lakhs (Indian Rupees Seven hundred and ninety five lakhs) .
2.2 In case a Bidder does not satisfy the annual turnover criteria, stipulated above on its own, its Holding Company would be required
to meet the stipulated turnover requirements 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.
2.3 Net Worth of the bidder should not be less than 100% of the bidder's paid up share capital as on the last day of the preceding
financial year on the date of Techno-commercial bid opening. In case the Bidder meets the requirement of Net worth based on the
strength of its Subsidiary(ies) and/or Holding Company and/or Subsidiariy(ies) 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% of their total paid up share capital. However individually, their Net worth should not be less than
75% of their respective paid up share capitals. For Consortiums/ Joint Ventures, wherever applicable, the Net worth of all consortium/
Joint Venture members in combined manner should not be less than 100% of their paid up share capital. However, individually, their
Net worth should not be less than 75% of their respective paid up share capitals.
2.4 . Net worth in combined manner shall be calculated as follows:
Net worth (combined) = [(X1 + X2 +X3) / (Y1 +Y2+Y3)] X 100
Where X1 , X2, X3 are individual Net worth which should not be less than 75% of the respective paid up share capitals and Y1, Y2 ,
Y3 are individual paid up share capitals.
2.5 In cases where audited results for the last financial year as on the date of Techno Commercial bid opening are not available, the
financial results certified by a practicing Chartered Accountant shall be considered acceptable. In case, Bidder is not able to submit the
Certificate from a practicing Chartered Accountant certifying its financial parameters, the audited results of three consecutive financial
years preceding the last financial year shall be considered for evaluating the financial parameters.
2.6 In case the Bidder is not able to furnish its audited financial statements on stand-alone entity basis, the unaudited unconsolidated
financial statements of the Bidder can be considered acceptable provided the Bidder further furnishes the following documents for
substantiation of its qualification:
(i) Copies of the unaudited unconsolidated financial statements of the Bidder along with copies of the
audited consolidated financial statements of its Holding Company.
(ii) A certificate from the CEO/CFO of the Holding Company, as per the format enclosed in the bid