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B. The bidder should have executed the works of Operation and Maintenance/ or
Maintenance of Ash Handling System with Dry Fly Ash Evacuation System of Coal
based Power Plant of 1000MW or above in India for a period of two years or more in a
single contract or repeat contract in the preceding seven (07) years reckoned as on
the date of techno-commercial bid opening.
6.1.2
The bidder should have executed the similar work in India during the preceding seven (7)
years reckoned as on the date of techno commercial bid opening having:
• Executed value not less than Rs. 323 Lakhs in a Single Contract.
OR
• Executed value not less than Rs. 202 Lakhs in Two Contracts each.
OR
• Executed value not less than Rs. 162 Lakhs in Three Contracts each.
Similar works is explained at point no. 6.1.1.
Notes
The word "executed" means the bidder should have achieved the criterion specified in
the QR, 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
such date will be considered provided the same is certified by the employer.
2. Repeat Contract means even if original contract was awarded for smaller duration, if
the same contract period is extended or a new contract is immediately placed on the
very next day of completion of previous contract, the total duration shall include
extended duration in addition to original contract duration for the purpose of
evaluation.
6.2 Financial Criteria :
6.2.1
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. 404 Lakhs (Rupees
Four Hundred and Four Lakhs only).
6.2.2
Net worth of bidder shall not be less than 100% of the bidder’s paid
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)x100 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 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 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 Certificate from the practicing Chartered Accountant
certifying the financial parameters is not available.
6.2.4
In case the bidder is not able to fur
nish 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.