The Bid Security in Original shall be submitted in a separate sealed envelope before the stipulated bid
submission closing date and time. In case acceptable Bid Security in a separate sealed
envelope is not received then online Bid shall be rejected by Owner as being non-
responsive and shall not be opened.
Bidder shall also submit the DD/BC towards the cost of bidding documents in a separate
sealed envelope before the stipulated bid submission closing date and time. In case acceptable
Bid Security in a separate sealed envelope is not received then online Bid shall be
rejected by Owner as being non-responsive and shall not be opened.
6.0
QUALIFYING REQUIREMENT FOR BIDDERS
The Bidder who wish to participate in bidding shall satisfactorily establish that they fulfill the
following Qualifying Requirements:
6.1 Technical Criteria:
6.1.1 The Bidder should have executed the work of loading, transportation by road and unloading of coal
during the preceding seven (7) years reckoned as on the date of Techno Commercial Bid Opening
having:
Executed value not less than Rs. 440 Lakhs in a Single Contract.
OR
Executed value not less than Rs. 275 Lakhs in two contracts each
OR
Executed value not less than Rs. 220 Lakhs in three contracts each.
The word "executed" means the bidder should have achieved the criterion specified in the Qualifying
Requirements even if the total contract is not completed / closed. In case of contracts under execution as on
date of techno-commercial bid opening, the value of work executed till date will be considered provided the
same is certified by the employer.
6.2.1 Financial Criteria:
The average annual turnover of the Bidder, in the preceding three (3) financial years as on the date
of Techno-Commercial bid opening, shall not be less than Rs. 551 Lakhs (Rupees Five Hundred and
Fifty-One Lakhs only).
6.2.2 Net worth of bidder shall not be less than 100% of the bidder's paid up share capital as on the last
day of the preceding financial year. In case the Bidder meets 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, 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. For Consortiums/Joint Ventures wherever
applicable, the Net worth of all consortium/ 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 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 shall not be less than 75% of the respective paid up share capitals and y1, y2, y3 are individual
paid up share capitals.
6.2.3 In case the bidder is not able to furnish its audited financial statements 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:
o Copies of the unaudited unconsolidated financial statements of the bidder along with copies
of the audited consolidated financial statements of the Holding Company.
o A certificate from the CEO/CFO of the Holding Company as per the format enclosed in the bid
documents stating that the unaudited unconsolidated financial statements form part of the
consolidated annual report of the company.