For consortiums/ Joint ventures, where ever applicable, the net worth of all consortiums/ joint venture 
members in combined manner should not be less than 100% of their paid up share capital. However, 
individually, their net worth should not be less than 75% of their respective paid up share capital.
In case the bidder is not able to furnish its audited financial statement on standalone entity basis, the 
unaudited unconsolidated financial statements of the bidder can be considered acceptable provided the 
bidder furnishes the following further documents on substantiation of its qualification.
a. Copies  of  the unaudited unconsolidated financial  statement  of the bidder along  with  copies of the 
audited consolidated financial statements of the Holding Company
b.  A  Certificate  from  the  CEO  /  CFO  of  the  Holding  Company,  as  per  format  enclosed  in  the  bid 
documents, stating that the unaudited unconsolidated financial statement form part of the Consolidated 
Annual Report of the company.
In  cases  where  audited  results  for the  last preceding  financial year  are not  available,  certification of 
financial  statements  from  a  practicing  Chartered  Accountant  shall  also  be  considered  acceptable.  In 
case the bidder is not able to submit the certificate from the practicing Charted accountant certifying its 
financial  parameters,  the  audited  results  of three  consecutive  financial years  preceding  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 
certificate from the practicing charted accountant certifying the financial parameters is not available.
Notes:
(i) Net worth means the sum total of the paid up share capital and free reserves. Free reserves mean 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.
iii) “Holding Company” and “Subsidiary” shall have the meaning ascribed to them as per Companies 
Act of India.
iv) For Turnover indicated in foreign currency, the exchange rate as on seven (7) days prior to the date 
of techno-commercial bid opening shall be used.
Qualification requirement ( QR)  for Civil Agency:
                  The following are the Qualifying Requirements for Civil Agency
            The bidder or his civil agency should have executed the following works  within the preceding 
seven (7) years as on the date of techno-commercial bid opening..