c. Three (3) orders having contract value not less than ₹ 87.17 Lakhs each.
6.1.2 The Bidder should have executed/got executed “Audio Visual System” of Auditorium(s)
/ similar facility(ies) comprising of the below listed essential components valuing not
less than ₹ 74 Lacs in either 01 (one) or not more than 02 (two) contracts within the
preceding seven (07) years as on the date of Techno commercial Bid Opening:
a. Video wall display system with controller cum processor
b. Digital Matrix Switcher
c. Sound Reinforcement system.
Notes:
1. One reference work shall mean the work executed at one premises / campus through
a single contract (Applicable for clause 6.1.1 only).
2. The reference works executed by the bidder’s group company / subsidiary company
shall not be considered for its qualification.
3. The word “Executed" mentioned above means that the bidder should have achieved
the criteria specified above, even if the total contract is started earlier and/or is not
completed/closed.
4. In case of orders under execution, the value of work executed prior to the date of
Techno-commercial bid opening duly certified by bidder’s client shall be considered
acceptable.
5. Reference work executed by an applicant as a sub-contractor may also be considered
provided the certificate issued by the owner - specifying the scope of work executed
by the sub-contractor in support of eligibility criteria.
6.2 Financial criteria:
6.2.1 The average annual turnover of the Bidder, should not be less than ₹ 217.92 Lakhs
(Rupees Two Hundred Seventeen Lakhs and Ninety-Two Thousand only) during the preceding
three (3) completed financial years as on the date of Techno-commercial bid opening.
6.2.2 In case the bidder does not satisfy the financial criteria, stipulated at Cl. 6.2.1 above on
its own, its holding company would be required to meet the stipulated turnover
requirements at Cl. 6.2.1 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 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.
6.2.3 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.
1. Copies of the unaudited unconsolidated financial statements of the bidder along with
copies of the audited consolidated financial statements of its Holding Company.
2. A Certificate from the CEO/CFO of the Holding Company, as per the format enclosed
in the bidding documents, stating that the unaudited unconsolidated financial
statements form part of the Consolidated Annual Report of the company.