Section-I Notice Inviting Tender Page 6 of 7
authenticatedbytheowner/ProjectAuthority,meettherelevantprovisionsof
qualifyingrequirement.
iii)ReferenceworkexecutedbyaBidderasasub‐contractormayalsobeconsidered
providedthecertificateissuedbymaincontractorisdulycertifiedbyOwner/Project
Authorityspecifyingthescopeofworkexecutedbythesubcontractor.
5.2 FINANCIALCRITERIA
5.2.1 Theaverageannualturnoverofthebidderintheprecedingthree(3)FinancialYears
asonthedateoftechno‐commercialbidopeningshallnotbelessthanRs.12.47
Crore(IndianRupeesTwelveCroreFortySevenLakhonly).
5.2.2 TheNetWorthofthebidder,as
onthelastdayofprecedingFinancialYear,shall
notbelessthan100%ofitspaidupsharecapital.
IncasethebiddermeetstherequirementofNetworthbasedonthestrengthofits
subsidiary(ies)and/orHoldingCompanyand/orSubsidiariesof
itsHolding
companieswhereverapplicable,thenetworthofthebidderanditssubsidiary(ies)
and/orHoldingCompanyand/orSubsidiaries ofitsHoldingcompanies,in
combinedmannershouldnotbelessthan100%oftheirtotalpaidupsharecapital.
However,individually,theirnetworthshouldnot
belessthan75%oftheir
respectivepaidupsharecapital.Forconsortiums/Jointventures,wherever
applicable,theNetworthofallconsortiums/Jointventuremembersincombined
mannershouldnotbelessthan100%oftheirpaidupsharecapital.However
individually,theirNetworthshouldnotbeless
than75%oftheirrespectivepaidup
sharecapitals.
Networthincombinedmannershallbecalculatedasfollows:
NetWorth(combined)=(X1+X2+X3)/(Y1+Y2+Y3)X100%
WhereX1,X2,X3areindividualNetWorthswhichshouldnotbelessthan75%ofthe
respectivepaidofsharecapitals
andY1,Y2,Y3areindividualpaidupsharecapitals.
5.2.3 Incasethebidderisnotabletofurnishitsauditedfinancialstatementonstandalone
entitybasis,theunauditedunconsolidatedfinancialstatementsofthebiddercanbe
consideredacceptableprovidedthebidderfurnishesthefollowingfurther
documentsonsubstantiationofitsqualification.
a)Copiesofunauditedunconsolidatedfinancialstatementof
thebidderalongwith
copiesofauditedconsolidatedfinancialstatementsoftheHoldingCompany.
b)AcertificatefromtheCEO/CFOoftheHoldingCompany,asperformatenclosedin
thebiddocuments,statingthattheunauditedunconsolidatedfinancialstatements
formpartoftheconsolidatedAnnualReportoftheCompany.
5.2.4 IncasewhereauditedresultsforthelastfinancialyearasondateofTechno
commercialbidopeningarenotavailable,thefinancialresultscertifiedbya
practicingCharteredAccountantshallbeconsideredacceptable.Incase,bidderis
notabletosubmitthecertificatefrompracticingCharteredAccountantcertifyingits
financialparameters,theauditedresultsofthreeconsecutivefinancialyears
precedingthelastfinancialyearshallbeconsideredforevaluatingthefinancial
parameters.