INVITATION FOR BID (IFB)
Case-I : The work is started earlier (prior to the period stipulated in Clause-1.1, but completed within
the stipulated period as mentioned in clause 1.1. In such cases, entire executed value of the relevant
work vide that work order shall be considered for evaluation.
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".
2
.0
.1
Financial Criteria
2
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. 73.20 Lakh (Rupees Seventy Three
Lakh and Twenty thousand Only).
Notes for Clause2.0 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).
1
0.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
Section I: Invitation For Bids (IFB):Version2
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