OR
A3.
The bidder can be a licensee or an Authorized Agent of either Gas Turbine
Original Equipment Manufacturer (OEM) for Siemens design Gas Turbines
model no. V 94.2 or higher version (Qualifying A1) OR ‘Erection &
Commissioning / Overhauling Agency’ (Qualifying A2). In such case, the bidder
can be considered qualified based on the experience of the Principal who meets
the requirements mentioned at para A1 OR A2 above.
B. Financial Criteria of Bidder
1.
The average annual financial turnover of the bidder during the last three (03)
financial years as on the date of Techno-commercial bid opening should not be
less than 111.9 lakhs (One hundred Eleven Lakhs Ninety Thousand only).
2.
The bidder should have successfully executed any one of the following “similar
work” during the preceding seven (07) years as on the date of Techno-
commercial bid opening:
•
•
•
Single (01) order of contract value not less than Rs. 89.5 lakhs
Or
Two (02) orders, each of contract value not less than Rs.56.0 lakhs
Or
Three (03) orders, each of contact value not less than Rs. 44.8 lakhs
3
.
.
Similar work means “Overhauling / Major Inspection / HGPI / Erection and
commissioning of Gas Turbines”
4
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.
5.
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.
6.
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