work 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.
g) The "one (1) year period" means any continuous 12 months period. However, for two (2) concurrent
works the same 12 months period shall be considered.
h) In case of works stipulated in 1.1.1 B above the word
"earthwork" shall mean earth /ash. The
quantity of earth work in filling only will be considered for qualification.
i) Reference works executed by the Bidder, as a member of Joint Venture
be considered provided:
I Consortium/ Associate can also
The allocation of scope of work between the partners of the Joint Venture
I Consortium/ Associate is
clearly defined in the executed Joint Venture agreement/ Consortium Agreement/ Deed of Joint
Undertaking and Bidder's scope of work and break-up of quantities executed by them as individual
contribution in the Joint Venture I Consortium/ Associate, duly authenticated by the owner/Project
Authority meet the relevant provisions of qualifying requirement. In case the reference work has been
,
executed by the Bidder in an integrated Joint Venture wherein allocation of scope of work and break-up of
quantities between the partners is not clearly specified in the integrated Joint Venture Agreement, then for
Clause-1.1.1 B above, the credit of executed quantities can be claimed by the bidder in the ratio of
bidder's share in the integrated Joint Venture Agreement, provided the bidder establishes that it regularly
undertakes works as at Clause
1.1.1 B above. The executed works/ quantities by integrated Joint
Venture shall be duly authenticated by the Owner/Project Authority. However, the bidder will not be
eligible to claim the credit of executed work by integrated Joint Venture for Clause 1.1.1 A, above, unless
the bidder has individually executed the work meeting the requirement of clause no 1.1.1 A above
and which has been duly authenticated by the Owner/Project Authority.
j) 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 Owner/Project Authority specifying the scope
of work executed by the subcontractor.
1.2 FINANCIAL CRITERIA
1
.2.1 The average annual turnover of the bidder in the preceding three (3) Financial Years as on the
date of techno-commercial bid opening shall not be less than Rs.2900.91 lakh
(Indian
Rupees Twenty Nine Crores Ninety One Thousand Only).
1
.2.2 The Net Worth of the bidder, as on the last day of preceding Financial Year
less than 100 % of its paid up share capital.
,
shall not be
In case the bidder meets the requirement of Net worth based on the strength of its subsidiary
and or Holding Company and or Subsidiaries of its Holding companies wherever applicable,
the net worth of the bidder and its subsidiary (ies) and or Holding Company and or
(ies)
I
I
I
I
Subsidiaries of its Holding companies, in combined manner should not be less than 100% of
their total paid up share capital. However, individually, their net worth should not be less than
7
5% of their respective paid up share capital. For consortiums/ Joint ventures, wherever
applicable, the Net worth of all consortiums/ Joint venture members in combined manner should
not be less than 100% of their paid up share capital. However individually, their Net worth
should not be less than 75% of their respective paid up share capitals.
1
.2.3 In case the bidder is not able to furnish its audited financial statement 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.