ANNEXURE-1
Qualifying Requirements
In addition to satisfactory fulfilment of the Qualifying requirements stipulated in Section– ITB (Instructions to Bidders)
of Bid documents, the following shall also apply:
1.0 Technical Criteria:
1
.1
The bidder should have executed the works of “Maintenance or Construction of Ash Dyke/Reservoir/Earthen
dam/ irrigation canal/embankment” in the preceding seven(07) years reckoned as on the date of scheduled
techno-commercial bid opening with executed contract value(s) as below:
Single order with executed value not less than Rs. 201.10 Lakhs.
OR
Two orders with executed values not less than Rs. 125.69 Lakhs each.
OR
Three orders with executed values not less than Rs. 100.55 Lakhs each.
2
.0 Financial Criteria:
2
.1 Average annual turnover of the bidder, in the preceding three (03) financial years reckoned as on the date of scheduled
techno-commercial bid opening shall not be less than Rs 251.37 Lakhs (Rupees Two hundred and fifty one lakhs and thirty
seven thousand only).
2
.2 In case a Bidder does not satisfy the annual turnover criteria, stipulated above at clause 2.1 on its own, its Holding Company
would be required to meet the stipulated turnover requirements as above, provided that the Net Worth of such Holding
Company as on the last days of the preceding financial year is at least equal to or more than 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 the Holding Company’s 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.
2
.3 Net Worth of the bidder should not be less than 100% of the bidder's paid up share capital as on the last day of the preceding
financial year on the date of Techno-commercial bid opening. In case the Bidder meets the requirement of Net worth based on
the strength of its Subsidiary(ies) and/or Holding Company and/or Subsidiary(ies) of its Holding Companies, wherever
applicable, the Net worth of the Bidder and its Subsidiary(ies) and or Holding Company and/or Subsidiary(ies) of the Holding
company, in combined manner should not be less than 100% of their total paid up share capital. However individually, their
Net worth should not be less than 75% of their respective paid up share capitals. For Consortiums/ Joint Ventures, wherever
applicable, the Net worth of all consortium/Joint Venture members in combined manner should not be less than 100% of their
paid up share capital. However, individually, their Net worth should not be less than 75% of their respective paid up share
capitals.
Net worth in combined manner shall be calculated as follows:
Net worth (combined) = [(X1 + X2 +X3) / (Y1 +Y2+Y3)] X 100
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.
2
.4 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 the unaudited unconsolidated financial statements of the Bidder along with copies of the audited consolidated
financial statements of its Holding Company.
Page 4 of 5
SECTION - I INVITATION FOR BIDS (IFB)
