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.
c) In case where audited result of the last financial year as on the date of Techno-commercial bid opening is not available, the
financial results duly certified by a practicing Chartered Accountant shall be considered acceptable. In case the bidder is not
able to submit the certificate from a 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 that the Financial Results of the Company are under audit as on
the date of Techno-commercial bid opening and that the Certificate from the practising Chartered Accountant certifying the
Financial parameters is not available.
d) 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 documents for substantiation of its qualification:
(
i) Copies of unaudited unconsolidated Financial Statements of the Bidder along with copies of the audited consolidated
Financial Statements of its Holding Company.
ii) 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 Financial Statements of the Holding Company.
Similar work(s) mentioned above would mean “Supply of FAPP cement”.
8.3
The following may also be noted towards meeting the Financial Criteria:
i.
Other income shall not be considered for arriving at the annual turnover
ii.
The Bidder shall submit complete documentary evidence like the duly notarised order/contract copies, experience and
satisfactory performance certificate(s) in this regard. The original experience,performance certificate(s) from user/client should
be on the letterhead of the Company issuing certificate and should reflect executed quantities as stated above in the Technical
Criteria.
iii.
iv.
The word “Executed” above means that the bidder should have achieved the criteria mentioned in the Qualifying Requirement
within the period specified even if the total contract has been started earlier and/or is not completed/closed.
Networth means the sum total of the paid up share capital and free reserves. Free reserve means all reserves credited out of
the revaluation of the assets, write back of depreciation provision and amalgamation. Further any debit balance of Profit and
Loss account and miscellaneous expenses to the extent not adjusted or written off, if any, shall be reduced from reserves and
surplus.
v.
Original documents shall be produced for verification as and when called for.
9
.0 Notes:
The following credentials are to be submitted by the bidder along with bid documents in support of meeting the Qualifying
Requirement as stipulated for the package.
1)
Legible copies of documents (Award letter/BOQ/Agreement) for “similar” works(s) and completion certificate/copy of owner
certified Measurement Book(s)/Bills/Receipts towards proof of work executed, clearly indicating total value of work
executed and the period of execution in respect of the award.
2)
3)
4)
Audited ‘Balance Sheet’ and ‘Profit & Loss account’ for last three Financial years
Partnership deed/Affidavit for proprietorship/Certificate of Incorporation
Copies of PAN Card & GST Registration Number
10.0
11.0
12.0
Documents submitted by the Bidders shall be clearly readable /comprehensible. NPGC reserves the right to discard
incomplete/insufficient/unreadable documents and evaluate tenders on the basis of balance documents available with
the bid which are comprehensible, relevant & acceptable.
Notwithstanding anything stated above, the owner reserves the right to assess the bidder’s capability and capacity to
perform the contract, should the circumstances warrant such assessment in the overall interest of NPGC, and decision
of NPGC in this regard shall be final.
Bidders are requested / advised to check the Qualifying Requirements (QR) of the subject tender before downloading /
buying the tender document online.