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5.2Financialcriteria:
5.2.1.TheaverageannualturnoveroftheBidderintheprecedingthree(3)financialyearsason
thelastdateofthemonthprecedingthemonthofpublicationofNITshallnotbelessthan
68.33
Lakh[RupeesThirtyTwoLakhSeventyThousandOnly].
5.2.2.Incasewhereauditedresultsforthelastfinancialyearasondateoftechnocommercialbid
openingarenotavailable,thefinancialresultscertifiedbyapracticingcharteredaccountantshall
beconsideredacceptable.Incasebidderisnotabletosubmitcertificatefrompracticingchartered
accountant certifying its financial
parameters, the au
dited results of three consecutive financial
yearsprecedingthelastfinancialyearshallbeconsideredforevaluatingthefinancialparameters.
FurtheracertificatewouldberequiredfromtheCEO/CFOaspertheformatenclosedin thebidding
documentsstatingthatthefinancialresultsofthecompanyareunder
auditasondateoftec
hno
commercialbidopeningandthecertificatefromthepracticingcharteredaccountantcertifyingthe
financialparametersisnotavailable.
5.2.3. Whilecomputingtheannualturnover,otherincomeshallnotbeconsidered.
6.0Notwithstanding anything stated above, the Employer reserves the right to undertake a
physicalassessmentofcapacity&capabilitiesincludingfinancialcapacity&capabilityofthe
bidder/his collaborator(s)/associate(s)/subsidiary(ies)/group company(ies) to perform the
contract,shouldthecircumstanceswarrantsuchassessmentin theoverall interestof the
employer.Thephysicalassessmentshallinclude
butnotbeli
mitedtotheassessmentofthe
office/facilities/banker’s/reference works by employer. A negative determination of such
assessmentofcapacityandcapabilitiesmayresultinrejectionofbid.