3.0 Qualifying Requirements:
Completion Period: Six (06) months
1.0 Technical Criteria:
The bidder should have manufactured and supplied PPC Cement as per IS: 1489 Part-I, in six
months period, during last two (2) years prior to the date of techno-commercial bid
opening, meeting the following criteria:
(i) Single order of quantity not less than 13280 MT.
OR
(ii) Two orders of quantity not less than 8300 MT each.
OR
(iii) Three orders of quantity not less than 6640 MT each.
2.0 Financial Criteria:
2.1 Financial Criteria of the bidder
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, should not be less than Rs.551 Lakh
(Rupees Five Hundred And Fifty One Lakh only).
In case a bidder does not satisfy the financial criteria, stipulated above on its own, its
Holding Company would be required to meet the stipulated turnover requirements 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, the bidder would be required to furnish along with its Techno-
Commercial bid, a Letter of Undertaking from the Holding Company, supported by the
Holding Company's Board Resolution as per the format enclosed in the bid documents,
pledging unconditional and irrevocable financial support for the execution of the Contract
by the Bidder in case of award.
2.2) In case the bidder is not able to furnish its audited financial statements on stand alone
entity basis, the unaudited 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 unaudited unconsolidated financial statements of the bidder along with
copies of the audited consolidated financial statements of its 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 unaudited unconsolidated financial statements
form part of the consolidated annual financial statements of the Holding Company.
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 for 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 Certificate from the practising Chartered
Accountant certifying the financial parameters is not available.