I INVITATION FOR BIDS (IFB)
Annexure I
Qualifying Requirement
Name of the work: Construction of AC Restaurant at Field Hostel for Telengana Project -1(2 x 800) MW
1.0 Technical Criteria
1.1 The Bidder should have successfully executed the works of “ Construction of RCC Buildings” with executed
contract values as detailed below, during the last seven (7) years as on date of technical bid opening:
Single order with executed value not less than Rs. 105.79 Lakhs.
OR
Two orders with executed values not less than Rs. 66.12 Lakhs each.
OR
Three orders with executed values not less than Rs.52.90 Lakhs each.
2.0 Financial Criteria:
2.1 The average annual turnover of the bidder, in the preceding three financial years as on the date of bid opening shall
not be less than Rs 88.16 Lakhs (Rupees Eighty eight Lakhs and Sixteen Thousand only)
3.0 Notes:
a) 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/Proprietor/Partner that the financial results of the Company are under audit as
on the date of Techno-commercial bid opening and the certificate from practicing Chartered Accountant
certifying the financial parameters is not available
b) For the purpose of arriving at the executed value of work specified at 1.1 above, basic amount only shall be
considered. In case of a contract inclusive of Taxes, agency has to provide the break-up of basic and tax.
c) Other income shall not be considered for arriving at annual turnover.
d) The value of the work completed in the preceding seven (7) years reckoned as on date of techno
commercial bid opening, even if it has been started earlier, will also be considered for establishing the
qualifying requirements.
e) The word “executed” at 1.1 above means; bidder should have achieved the criteria specified in above QR
even if the total contract is not completed / closed.
f) The bidder should have independent PF code issued by RPFC, valid PAN number and GST registration
number and the relevant documents shall be submitted along with bid proposal.
g) The bidder should submit the documentary proofs for establishing the QR requirements at 1.0 and 2.0
above.