a) 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. 330.30
Lakh (Indian Rupees Three Hundred Thirty Lakh thirty thousand only).
b) 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 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 case where audited results for the last financial year as on the date of the 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 practicing Chartered Accountant certifying its financial
parameters, the audited results of three consecutive financial years proceeding 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 that the financial parameters are not available.
Notes:
(a) The word "executed" mentioned in clause 8.0 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) Certificate/documentary evidence from owner of the 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 8.0 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