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I INVITATION FOR BIDS (IFB)
Annexure 1
Qualifying Requirements
Qualifying Requirements for LAYING OF WBM ROAD ALONG THE OUTSIDE BOUNDARY
WALL UNDER TELENGANA -CD WORKS.
1.0 Technical Criteria:
1.1 The bidder should have executed the work of “Construction of CC/WBM/BT/WMM Road”
during the last seven(07) years as on the date of technical bid opening with executed order
values as detailed below:
Single order with executed value not less than Rs. 71.31 Lakhs.
OR
Two orders with executed values not less than Rs. 44.57 Lakhs each.
OR
Three orders with executed values not less than Rs. 35.66 Lakhs each.
2.0 Financial Criteria:
2.1 The average annual turnover of the bidder, in the preceding three financial years as on the
date of technical bid opening shall not be less than Rs. 89.14 Lakhs (Rupees Eightynine Lakhs
and Fourteen Thousand only).
3.0 Notes
a) In case where audited results for the last financial year as on the date of technical 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/Proprietor/Partner that the financial results of the Company are under audit as on
the date of technical bid opening and the certificate from practicing Chartered Accountant
certifying the financial parameters is not available.
b) For the purpose of arriving at the executed value of work specified at 1.1 above, basic
amount only shall be considered. In case of a contract inclusive of Taxes, agency has to
provide the breakup of basic value and tax.
c) Other income shall not be considered for arriving at annual turnover.
d) The value of the work completed in the preceding seven (07) years reckoned as on date of
technical bid opening, even if it has been started earlier, will only be considered for establishing
the qualifying requirements.
e) The word “executed” 1.1 above means; bidder should have achieved the criteria specified in
above QR even if the total contract is not completed / closed.
f) The bidder should have independent PF code issued by RPFC, valid PAN number and active
GST registration number and the relevant documents shall be submitted along with bid
proposal.
g) The bidder should submit the documentary proof for establishing the QR requirements at 1.0
and 2.0 above.