DETAILED NOTICE INVITING TENDER (NIT)
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 successfully executed the work of supply,
installation, testing and commissioning of pumps/ pumping system of at
least 1500 m3/hr flow rate and 100 m head and operation and
maintenance of the same for water supply within the preceding seven
(07) years as on the date of techno-commercial bid opening.
NOTES:
1
2
) The reference works executed by the bidder’s group company/ subsidiary
company shall not be considered for its qualification.
) The word “executed” means the bidder should have achieved the criteria
specified in the above Qualifying Requirements within the preceding
seven (07) years' period reckoned as on the date of Techno commercial
bid opening, even if the contract has been started earlier and / or is not
completed / closed.
3
) Reference work executed by a bidder as a sub-contractor may also be
considered provided the certificate by main contractor is duly certified by
project authority specifying the scope of work executed by the sub-
contractor in support of the Qualifying requirement.
6
.2
Financial criteria for Bidder:
6
.2.1 The average annual turnover of the Bidder, should not be less than
Rs.345.47 Lac (Rupees Three crore forty five lakh and forty seven 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 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
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