2. The bidder should have successfully executed any one of the following
“similar work” as mentioned in Clause-A during the preceding seven years as
on the date of Techno-commercial bid opening, either of the following:
•Single (1) order of contract value not less than 39.29 Lakhs
OR
• Two (2) orders, each of contract value not less than 24.56 Lakhs
OR
• Three (3) orders, each of contact value not less than 19.64 Lakhs
3. The word “executed” mentioned above means the bidder should have
achieved the above mentioned financial criteria (B.2), even if the total contract
is started earlier and / or is not completed/closed.
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
6. Copies of the un-audited unconsolidated financial statements of the bidder
along with copies of the audited consolidated financial statements of the holding
company..
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
form part of the Consolidated Financial Statements of the Holding Company.
(Notes: Other income shall not be considered for arriving at annual turnover.)
7. In case of any financial criteria submitted by the bidder in foreign currency,
the exchange rate as on 7days prior to the date of Techno-Commercial bid
opening shall be used.