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".
Financial Criteria
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. 123.62 Lakh (Rupees One Crore
Twenty Three Lakh and Sixty Two 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.
Other income shall not be considered for arriving at annual turnover.
(ii)
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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).
10.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):
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