8.
8.8.
8. Qualifying Requirements:
Qualifying Requirements:Qualifying Requirements:
Qualifying Requirements:
8.1
8.18.1
8.1
Technical Criteria
Technical CriteriaTechnical Criteria
Technical Criteria
The bidder should have designed, supplied, erected/supervised erection and
ommissioned/supervised commissioning of at least one (1) number water/waste water
treatment plant having capacity of not less than 2000 cum/hour, comprising of
clarifiers/tube- settlers/ thickeners or a combination thereof including civil works. The plant
should have been in successful operation for at least one (1) year prior to the date of
Techno-commercial bid opening.
8.2
8.28.2
8.2 Financial Criteria of Bidder
Financial Criteria of Bidder Financial Criteria of Bidder
Financial Criteria of Bidder
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 Rs.
3350.00 Lacs (Rupees Thirty Three Hundred and Fifty Lacs Only).
In case the 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
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.
b) The Net Worth of the bidder as on the last day of the preceding financial year (reckoned on
the date of techno-commercial bid opening) should not be less than 100% of the Bidder’s
paid-up share capital. 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% 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.
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.
c) 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 bidding documents, stating that the unaudited unconsolidated financial statements
from part of the consolidated annual financial statements of the Holding Company.
In case 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 practising
Chartered Accountant shall be considered acceptable. In case, Bidder is not able to
submit the certificate from practising Chartered Accountant certifying its financial
parameters, the audited results for the three consecutive financial years preceding the
last financial year shall be considered for evaluating the financial parameters. Further, a