DETAILED INVITATION FOR BID
7
7
.2 Financial Criteria
.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. 54 Lakhs (Rupees Fifty Four
Lakhs only).
7
.2.2 In case the bidder is not able to furnish its audited financial statements 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:
*
Copies of the unaudited unconsolidated financial statements of the bidder along with copies of the
audited consolidated financial statements of the Holding Company.
*
A certificate from the CEO/CFO of the Holding Company as per the format enclosed in the bid
documents stating that the unaudited unconsolidated financial statements form part of the
consolidated annual report of the company.
7
.2.3 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 as per the format enclosed in
the bidding documents stating that the financial results of the Company are under audit as on the date
of Techno-Commercial Bid Opening and the Certificate from the practicing Chartered Accountant
certifying the financial parameters is not available.
Notes (i) Other income shall not be considered for arriving at annual turnover.
8
.0
.0
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.
9
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.
Note: No hard copy Bidding Documents shall be issued.
1
0.0 Issuance of bid documents to any Bidder shall not construe that such bidder is considered to
be qualified. Bids shall be submitted online and opened at the address given below in the
presence of Bidder’s representatives who choose to attend the bid opening. Bidder shall
furnish EMD and power of Attorney to be executed by the bidder offline as detailed in Bidding
Documents.
Page
SSC WR-II, Sipat
ROUND THE CLOCK UPKEEP & MAINTENANCE CONTRACT FOR 11KV, 0.4 KV
6
of 7
CONSTRUCTION POWER NETWORK AT GADARWARA STPP AREA SECTION-I (IFB)