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3.0 Qualifying Requirements:
The Bidder should have Ownership of at least one number of bus of minimum 32 seats
capacity and should have executed Contract for Hiring/ deployment of bus(es) of
minimum 32 seating capacity, during the preceding seven (7) years reckoned as on the
date of Techno-Commercial Bid opening as per the following criteria:
* One order of value not less than Rs. 21 Lakhs.
OR
* Two orders of value not less than Rs. 13 Lakhs each.
OR
• Three orders of value not less than Rs. 11 Lakhs each.
Note:
1. The word “Executed” means the bidder should have achieved the criteria specified in the
QR, even if the total contract(s) is not completed/closed. In case of contract(s) under
execution as on the date of techno commercial bid opening, the value of work executed till
such date will be considered provided the same is certified by the employer.
4.0 Financial Criteria:
4.1 The average annual turnover of the Bidder, in the preceding three (03) financial years as on
the date of Techno-Commercial bid opening shall not be less than Rs. 13.00 Lakhs (Rupees
Thirteen Lakhs only).
4.2 In case the bidder is not able to furnish its audited financial statements on standalone entity
basis, the unaudited unconsolidated financial statements of the bidder can be considered
acceptable provided the bidder furnishes the following further documents on substantiation
of its qualification.
• Copies of the unaudited unconsolidated financial statements of the bidder along with copies
of the audited consolidated financial statements of the Holding Company.
• A certificate from the CEO/CFO of the Holding Company as per the format enclosed in the
bid documents stating that the unaudited unconsolidated financial statements form part
of the consolidated annual report of the company.
4.3 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 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 the financial
parameters is not available.
Note:
1. While computing the annual turnover other Income shall not be considered.