
Package: Development of WBM Road from DAV School to Material Gate
Project: Patratu STPP, Phase-I (3x800 MW)
Bidding Doc No :CS-9585-331(C)-9
4) The work (s) /order(s) started within the stipulated period but not completed as on the last
date of stipulated period, in such cases, executed value of the relevant work vide that work
order as on the last date of stipulated period, shall be considered for evaluation.
5) Reference work means work executed at particular location in one or more contract.
a) The work contract executed by the bidder’s group company / subsidiary company shall
not be considered for meeting the qualifying requirements by the bidder.
b) The reference work executed by a bidder as a sub-contractor may also be considered
provided the certificate issued by main contractor is duly certified by Project Authority
specifying the Scope of Work executed by the sub-contractor in support of qualifying
requirements.
7.2.0 Financial Criteria:
a) The average annual turnover of the Bidder, in the preceding three (3) financial years as on
the last date of the month preceding the month of publication of NIT shall not be less than
INR 169 Lakhs (Indian Rupees One Hundred Sixty Nine Lakhs only).
In case a Bidder does not satisfy the annual turnover criteria, stipulated above on its own,
its Holding Company would be required to meet the stipulated turnover requirements as
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
the Holding Company’s Board Resolution, as per the format enclosed in the Techno
Commercial bid documents, pledging unconditional and irrevocable financial support for the
execution of the Contract by the Bidder in case of award.
b) The Net Worth of the Bidder as on the last day of the preceding financial year, of the date of
Techno-commercial Bid opening, shall not be less than 100% of the bidders 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 Subsidiary (ies) of the Holding company
wherever applicable, the Net Worth of the bidder and its Subsidiary (ies) and/or Holding
company and/or Subsidiary (ies) of the Holding company, in combined manner should not
be less than 100% of their total paid up share capital. However individually, their Net Worth
should not be less than 75% of their respective paid up share capitals. Net worth in
combined manner shall be calculated as follows:
Net worth (combined) = [(X1+X2+X3) / (Y1+Y2+Y3)] x 100
Where X1, X2, X3 are individual net worth which should not be less than 75 % of the
respective paid up share capitals and Y1,Y2,Y3 are individual paid up share capitals.
(c) 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