2
.0 B
In case the bidder is not able to finish its audited financial statements on standalone 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 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 Report of the Company.
In cases where audited results of the last preceding financial year as on the date of the
opening of Techno-commercial bid are not available, certification of financial statements
from a practicing Chartered Accountant shall also be considered acceptable.
In case, Bidder is not able to submit the certificate from practicing Chartered Accounting
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 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 the financial parameters is not available.
Note
a) In clause 1.3 above, the word “executed” means the bidder should have achieved the
criteria specified in the qualifying requirements, within the preceding seven (7) years
period, even if the contract has been started earlier and /or is not completed / closed.
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.
. Work Completion Certificate against purchase order/ Work Order Copies
2
ii) Reference work executed by a bidder as a sub-contractor may also be considered provided
the certificate issued by main contractor is duly certified by Project Authority specifying the
scope of work executed by the sub-contractor in support of qualifying requirements
b) Other incomes shall not be considered for arriving at the annual Turnover.
c) For order in foreign currency, the exchange rate as on the date of techno-commercial bid
opening shall be used
