i) Copies of the unaudited unconsolidated financial statements of the bidder along
with copies of the audited consolidated financial statements of the Holding
Company.
ii) A certificate from the CEO/CFO of the Holding Company, as per the format
enclosed in the bidding documents, stating that the unaudited unconsolidated
financial statements form part of the consolidated financial statements of the
Holding Company.
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 also 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. Further, a
Certificate would be required from the CEO/CFO as per the format enclosed in the
bidding documents stating that the financial results of the Company are under audit as on
the date of Techno-Commercial bid opening and the Certificate from the practicing
Chartered Accountant certifying the financial parameters is not available.
Notes:
(a) The word “executed” mentioned in Clause 1.0 means that the bidder should have
achieved the specified criteria with any of the following conditions:
(i) The work/order is started earlier to the stipulated period, but completed within
the stipulated period. In such cases, entire executed quantity/value of the relevant work vide
that work order shall be considered for evaluation.
(ii) The work/order is started and completed within the stipulated period. In such
cases, entire executed quantity/value of the relevant work vide that work order shall be
considered for evaluation.
(iii) The work/order is started within the stipulated period but not completed as on
the last date of stipulated period. In such cases, “In Progress” executed quantity / value of the
relevant work vide that work order as on the last date of stipulated period, shall be considered
for evaluation.
(b) The Bidder shall also be considered qualified, in case the award for reference work has
been received by the Bidder either directly from owner of plant or intermediary
organization from which it has received the order. However, a certificate/documentary
evidence from such owner of plant or the intermediary organization shall be required to
be furnished by the Bidder along with its bid in support of its claim of meeting the
qualification requirement as per Clause 1.0 with any of the conditions mentioned in
Notes (a) above.
(c) Other income shall not be considered for arriving at annual turnover.
(d) “Holding Company” shall have the meaning ascribed to it as per Companies Act of India.
(e) For amount in foreign currency, the exchange rate as on seven (7) days prior to the date of
Techno-Commercial bid opening shall be used.