DETAILED NOTICE INVITING TENDER (NIT)
5.0 All bids must be accompanied by Bid Security for an amount of INR 10,00,000/-
(Indian Rupees Ten Lac only) in the form as stipulated in the Bidding
documents. Bid Security shall be submitted in a sealed envelope separately in
physical form by the stipulated bid submission closing date and time at the
address given below.
ANY BID NOT ACCOMPANIED BY AN ACCEPTABLE BID SECURITY IN A
SEPARATE SEALED ENVELOPE SHALL BE REJECTED BY THE
EMPLOYER AS BEING NON-RESPONSIVE AND SHALL NOT BE OPENED.
6.0 QUALIFYING REQUIREMENTS FOR BIDDERS.
The bidder who wishes to participate in the bidding shall meet the Qualifying
Requirements stipulated hereunder:
6.1 The bidder should have designed, Supplied, Erected and commissioned at least
one (01) Number of waste-water/effluent /Sludge-Handling/disposal plant/System
of minimum capacity of 120 Cubic meter per hour comprising of Pumps,
clarifiers/Thickeners or a Combination of Both with associated piping and civil
works during the preceding seven (07) years from the date of Techno-
commercial Bid opening. The plant should have been in successful operation for
at least one (01) year prior to the date of Techno-commercial bid opening.
6.2 Financial criteria for Bidder:
6.2.1 The average annual turnover of the Bidder, should not be less than Rs.647.50 Lac
(Rupees Six crore forty seven lakh and fifty thousand only) during the preceding
three (3) completed financial years as on the date of techno-commercial bid
opening.
6.2.2 In case the bidder does not satisfy the financial criteria, stipulated at Cl. 6.2.1
above on its own, it’s holding company would be required to meet the stipulated
turnover requirements at Cl. 6.2.1 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
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.
6.2.3 The net worth of the Bidder as on the last day of the preceding financial year
should not be less than 100% of the 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, or as
a Consortium / Joint Venture, wherever applicable, the Net worth of the bidder
and its Subsidiary(ies) and / or Holding Company and /or Subsidiary(ies) of
the Holding Company or as a Consortium / Joint Venture, in combined manner
shall be calculated as follows:
Net worth (combined) = (X1+X2+X3) / (Y1+Y2+Y3) X 100