Qualifying Requirements
ANNEXURE - I
Construction of Permanent stores Building in Ramagundam under Telangana STPP (2x800 MW)
.0 Technical Criteria
Sub:
1
1
.1 The Bidder should have executed the works of “Construction of industrial and/or commercial multi storied buildings”
with executed order value(s) as detailed below during last seven (7) years as on the date of techno-commercial bid
opening:
Single order with executed value not less than Rs. 387.38 Lakhs.
OR
Two orders with executed values not less than Rs. 242.11 Lakhs each.
OR
Three orders with executed values not less than Rs. 193.69 Lakhs each.
2
.0 Financial Criteria:
2
.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. 484.22 (Rupees Four Hundred Eighty Four Lakhs and Twenty Two
Thousand only)
2
.2
In case a Bidder does not satisfy the annual turnover criteria, stipulated above at clause 2.1 on its own, its Holding
Company would be required to meet the stipulated turnover requirements as above, provided that the Net Worth of such
Holding Company as on the last day of the preceding financial year is at least equal to or more than the paid-up share
capital of the Holding Company. In such an event, the Bidder would be required to furnish along with its Techno-
commercial bid, a Letter of Undertaking from the Holding Company, supported by the Holding Company's Board
Resolution, as per the format enclosed in the bid documents, pledging unconditional and irrevocable financial support for
the execution of the Contract by the Bidder in case of award.
2
.3
Net Worth of the bidder should not be less than 100% of the bidder's paid up share capital as on the last day of the
preceding financial year on the date of Techno-commercial bid opening. In case the Bidder meets the requirement of Net
worth based on the strength of its Subsidiary(ies) and/or Holding Company and/or Subsidiary(ies) of its Holding
Companies, wherever applicable, the Net worth of the Bidder and its Subsidiary(ies) and or Holding Company and/or
Subsidiary(ies) of the Holding company, 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 75% of their respective paid up share capitals. For
Consortiums/ Joint Ventures, wherever applicable, the Net worth of all consortium/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.
Net worth in combined manner shall be calculated as follows:
Net worth (combined) = [ (X1 + X2 +X3) / (Y1 +Y2+Y3) ] X 100
Where X1, X2, X3 are individual Net worth which should not be less than 75% of the respective paid up share capitals
and Y1, Y2 ,Y3 are individual paid up share capitals.
2
.4
In case the Bidder is not able to furnish its audited financial statements on stand-alone entity basis, the unaudited
unconsolidated financial statements of the Bidder can be considered acceptable provided the Bidder further furnishes the
following qualification:
i) Copies of the unaudited unconsolidated financial statements of the Bidder along with copies of the audited
consolidated financial statements of its Holding Company.
documents
for
substantiation
of
its
(
(ii) A certificate from the CEO/CFO of the Holding Company, as per the format enclosed in the bid documents, stating
Page 4 of 5
SECTION - I INVITATION FOR BIDS (IFB)
