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 preceding 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 the financial parameters is not available.
2
.3 In case a bidder does not satisfy the financial criteria, stipulated at para 2.1 and/or para 2.2 above on its own,
the Holding Company would be required to meet the stipulated turnover requirements at para 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 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.
2.4 Notes:
i) Net worth means the sum total of the paid up share capital and free reserves. Free reserve means
all reserves credited out of the profits and share premium account but does not include reserves
credited out of the revaluation of the assets, write back of depreciation provision and amalgamation.
Further any debit balance of Profit and Loss account and miscellaneous expenses to the extent not
adjusted or written off, if any, shall be reduced from reserves and surplus.
ii) Other income shall not be considered for arriving at annual turnover.
6.0 GENERAL QUALIFYING REQUIREMENTS
The bidders shall have to necessarily submit the documents in support of meeting the qualifying requirements as
mentioned above along with their offer in COVER-1 (Technical Cover), which inter alia shall include the following:
a. Documentary evidence in support of meeting the qualifying requirements stipulated above which should
include experience of works as specified in QR with self-certified and stamped copies of Work
Orders/Award letters with proof of execution in the form of completion certificate/ final amendment
copies/ copy of final bill and other related documents stating that the work order given in support of
qualifying requirements has been executed.
b. Documentary evidence of having independent PF registration No. from RPF Commissioner & PAN, and
GSTIN No.
c. Proof of Turnover/Balance Sheet duly certified by Chartered Accountant for the last three years, latest
Banker’s Solvency Certificate, Partnership Deed / Affidavit for Proprietorship / Article of Association including
changes in the “CONSTITUTION OF THE FIRM, (IF ANY)”, (Copy of certification with appropriate authority).
7.0. In case the bidder fails to submit the documents in support of meeting the QR, the offer shall be liable for
rejection. Offer of the bidder not fulfilling the QR shall be rejected and not considered for evaluation further.
8.0 Bidders can download the tender documents before bid submission closing date. Tender fees, bid security and
integrity pact shall be submitted in a sealed envelope separately (offline) by the stipulated bid submission closing
date and time at the address given below.
9.0. “ANY BID NOT ACCOMPANIED BY AN ACCEPTABLE BID SECURITY, TENDER FEE & INTEGRITY PACT
IN A SEPARATE SEALED ENVELOPE SHALL BE REJECTED BY THE EMPLOYER AS BEING NON-
RESPONSIVE AND RETURNED TO THE BIDDERS WITHOUT BEING OPENED”.
Page 3 of 4
