3
OR
One work/order costing not less than Rs. 121.46 Lakh.
2.1 Average annual turnover of the bidder in the preceding three (03) financial years as on date of techno -
commercial bid opening should not be less than Rs. 75.90 Lakh (Indian Rupees Seventy Five Lakh Ninety
thousand only) .
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. i) Copies of the
unaudited unconsolidated financial statements of the Bidder along with copies of the audited
consolidated financial statements of its 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 unaudited
unconsolidated financial statements form part of the Consolidated Annual financial statements of the
Holding company.
In cases where audited results for the last financial year as on the date of the 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 that financial
parameters is not available.
NOTE:
(i) The word “executed” mentioned in clause 1.1&1.2 means that the bidder should have achieved the
criteria Specified in clause 1.1&1.2 with any of the following conditions:
Case – I: The work is started earlier (prior to the period stipulated in clause 1.1&1.2) but completed
within the stipulated period as mentioned in clause 1.0. In such cases, entire executed quantity of
the relevant work vide the work order shall be considered for evaluation.
Case-II: The work is started and completed within the stipulated period as mentioned in clause 1.1&1.2.
In such cases, entire executed value of the relevant work vide that work order shall be considered
for evaluation.
Case-III: The work is started within the stipulated period as mentioned in clause 1.1&1.2 but not
completed as on the last date of stipulated period. In such cases, “In Progress” executed quantity of
the relevant work vide that work order as on the last date of stipulated period, shall be considered
for evaluation.
ii) Other income shall not be considered for arriving at annual turnover. ii) “Holding Company” shall
have the meaning ascribed to it as per Companies act of India iii) For amount in foreign currency, the
exchange rate as on seven(7) days prior to the date of Techno-Commercial bid opening shall be used.
Remarks:
i) Bidder must submit requisite credentials in support of having met the qualifying requirement. A
summary sheet of all documents need to be submitted along with the technical offer. Summary
Sheet should clearly describe the eligibility credentials. Credentials may include: 1. Purchase order/
work order. Copies. 2. Work Completion Certificate against purchase order/ Work Order Copies.
ii) The bidder shall also be considered qualified, in case the award for circuit breakers has been
received by the bidder either directly from owner of plant or intermediary organization from which it
has received the order. However, a certificate/ documentary evidence from such owner of plant or
the intermediary organization shall be required to be furnished by the bidder along with its bid in
support of its claim of meeting the qualification requirement as per clause 1.1 and clause 1.2 with
any of the conditions mentioned in notes (a) above. Further, certificate/ documentary evidence from
owner of the plant shall also be furnished by the bidder for the successful operation of the circuit
breakers as specified at clause 1.1 above.