INVITATION FOR BID (IFB)
Case-II : The work is started and completed within the stipulated period as mentioned in
clause 1.1.
Case-III : The work is started within the stipulated period as mentioned in clause 1.1 but not
completed as on the last date of stipulated period. In such cases, “In Progress” executed
value of the relevant work vide that work order as on the last date of stipulated period, shall
be considered for evaluation.
(ii)
Remarks : Any of the above cases shall be supported by documentary evidence issued by the
Owner".
"
"
Owner" means the entity which has the original requirement of the subject work and has initiated
and awarded the work to the contractor (bidder) for executing the reference work against which the
credentials have been submitted.
And the "Owner" defined as above is not a contractor to any other entity for the reference work.
In case, the bidder has worked as approved sub-Contractor/sub-vendor, he has to provide
documentary evidence issued by the "Owner".
6.1.2
Financial Criteria
The average annual turnover of the Bidder, in the preceding three (3) financial years as on the
date of Techno-Commercial bid opening, should not be less than Rs. 43.44 Lakh (Rupees forty
three Lakh forty four thousand Only)
Notes for Clause 6.1.2 above:
(i)
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 for the three
consecutive financial years preceding the last financial year shall be considered for evaluating the
financial parameters.
(ii)
Other income shall not be considered for arriving at annual turnover.
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. Notwithstanding anything stated above, the Employer reserves the right to assess the capabilities and
capacity of the Bidder/ his collaborators / associates/ subsidiaries/ group companies to perform the
contract, should the circumstances warrant such assessment in the overall interest of the Employer.
. Employer reserves the right to reject any or all bids or cancel/withdraw the Invitation for Bids without
assigning any reason whatsoever and in such case no bidder / intending bidder shall have any claim
arising out of such action.
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9. A complete set of Bidding Documents may be downloaded by any interested Bidder from our NIC Portal
(
https://eprocurentpc.nic.in/nicgep/app).
10.Clarification on bidding documents:
A prospective Bidder requiring any clarification of the Bidding Document shall put the query under
Clarification tab of the on-line bid at least three days prior to the clarification end date. EMPLOYER
will respond to any request for clarification or modification of the bidding documents that it receives
within the time line specified.
Section I: Invitation For Bids (IFB):Version2
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