INVITATION FOR BID
iennial Contract for Internal white
washing & Painting of Residential
quarters at NCPS DADRI
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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.
i) Copies of the un-audited unconsolidated financial statements of the bidder along with
copies of the audited consolidated financial statements of the holding company.
ii) 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. ii.
(Notes: Other income shall not be considered for arriving at annual turnover.)
6. In case of any financial criteria submitted by the bidder in foreign currency, the exchange
rate as on 7 days prior to the date of Techno-Commercial bid opening shall be used.
7. Techno Commercial Bid Opening date shall be first scheduled Techno Commercial Bid
Opening Date.
8. The bidder should have a separate valid GST registration number and PAN Number.
9. Notwithstanding anything stated above, the Employer reserves the right to assess the
capabilities and capacity of the Bidder/ his collaborators/ associates/ subsidiaries/group
companies to perform the contract should the circumstances warrant such assessment in the
overall interest of the Employer.