INVITATION FOR BID
KOLDAM HPP (4X200 MW)
Procurement, Installation and Commissioning of IP based CCTV System
SECTION-I (IFB)
PAGE
3 OF 5
ii) Two work orders each valuing not less than ₹ 51.69 lakhs.
OR
iii) Three work orders each valuing not less than ₹ 41.35 lakhs.
2. The average annual turnover of the bidder in the preceding three (03) financial years
as on the date of Techno-commercial bid opening, shall not be less than Rs. 103.37
Lakh (Indian Rupees One Crore Three Lakh and Thirty Seven Thousand only).
3. In case bidder does not satisfy the financial criteria, stipulated at Cl. B (2) above on its
own, its holding company would be required to meet the stipulated turnover
requirements at Cl. B (2) 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, bidder would be
required to furnish along with its bid, a letter of Undertaking from its holding company,
supported by Board resolution of the Holding company, as per the format enclosed in
the bidding documents, pledging unconditional and irrevocable financial support for the
execution of the Contract by the bidder in case of award.
4. In case where audited results for the last financial year as on the date of Techno-
commercial 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 practicing Chartered accountant, certifying its financial
parameters, the audited results of the 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 certificates from the practicing
Chartered Accountant certifying the financial parameters are not available.
5. In case the bidder is not able to furnish it’s audited financial statements on standalone
entity basis, the un-audited 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 un-audited unconsolidated financial statements 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 the format
enclosed in the bidding documents, stating that the un-audited unconsolidated
financial statements from part of the Consolidated Financial Statements of the
Holding Company.
6. The bidder should have GST registration number and PAN Number.
Notes:
1. Other income shall not be considered for arriving at annual turnover.