INVITATION FOR BIDS
SECURITY AND SURVEILLANCE, SYSTEM INTEGRATION,
COMMAND AND CONTROL CENTRE (C&CC) PACKAGE
FOR SMART TOWNSHIP OF SOLAPUR & KHARGONE
PROJECTS
BIDDING DOCUMENT NO. CS-9571/9578-412S-9
SECTION - I (IFB)
Page 3 of 5
1. The Integrated Smart Township system in the reference site must be an Integrated solution
comprising of any Three (3) the following sub-systems as a minimum.
i. Command & Control system
ii. CCTV System along with Video Management Software.
iii. Access control system (ACS)
iv. Perimeter Intrusion Detection System (PIDS) which means Smart fence system(other
than video analytics from cameras )based on any one of the technologies viz. Power
fencing, Fibre Optic sensing based Fence, Vibration sensors based Fence, Taut wire,
Microwave Fence, Infrared.
6.2.0 Financial criteria :
a) The average annual turnover of the bidder in the preceding three financial years as on the
date of opening of bid shall not be less than Rs. 170.35 Millions (Rupees One Hundred and
Seventy Millions and Three Hundred Fifty Thousand).
In case the bidder does not satisfy the average 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 bid, a Letter of Undertaking
from the Holding Company, supported by the Holding Company’s 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.
b) The Net Worth of the bidder as on the last day of the preceding financial year should not be
less than 100% (hundred percent) of its paid-up share capital. In case the Bidder does not satisfy
the Net Worth criteria on its own, it can meet the requirement of Net worth based on the strength
of its Subsidiary (ies) and/or Holding Company and/or Subsidiaries of its Holding companies
wherever applicable. In such a case, however, 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% (hundred percent) of their total paid-up share capital.
However individually, their Net worth should not be less than 75% (seventy five percent) 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
acceptable provided the bidder further furnishes the following documents for substantiation of its
qualification:
a) Copies of the unaudited unconsolidated financial statements of the bidder along with copies
of the audited consolidated financial statements of its Holding Company.
b) A Certificate from the CEO/CFO of the Holding Company, as per the format enclosed in the
bidding documents, stating that the unaudited unconsolidated financial statements form part
of the consolidated annual financial statements of the Holding Company.
In case where audited results for the last financial year as on the date of bid opening are not
available, the financial results certified by a practicing Chartered Accountant shall be considered
acceptable. In case, Bidder is not able to submit the certificate from a practicing Chartered