Annexure I to IFB
1.0 Technical Criteria:
1.1 The bidder should have executed the following work(s) within the preceding seven (07) years prior to the date of
scheduled techno-commercial bid opening having executed value of at least Rs 52.96 crore (Rupees Fifty two
Crore ninety six Lakhs Only) :
Route-1
a) Transportation by road (with or without loading/unloading) of Ash /Coal/Overburden/ soil/earth/sand/
aggregate/ stones/ ballast/ ore/minerals/any other loose material or a combination of any of the above in
maximum 3 contracts.
OR
Route-2
b) Civil Work(s) including “excavation / banking/ embankment/filling using earth/ash/sand including
carriage/disposal using mechanized means” in maximum 3 contracts. Further to it, the bidder should have
executed the earth/ ash / sand work of quantity minimum 3.23 Lakhs Cubic Meter in single contract in any of the
above referred 3 contracts.
Note for route-2: For executed quantity, any combination of the excavation / banking/ embankment/filling
works with any combination of earth/ash/sand will be considered.
2.0 Financial Criteria:
2.1 The average annual turnover of the Bidder, shall not be less than INR 66.20 crores (Rupees Sixty six crore and
Twenty lakhs only) in the preceding three (3) financial years, reckoned as on the date of Scheduled Techno-
commercial bid opening.
2.2 In case the bidder does not satisfy the financial criteria, stipulated at Cl.2.1 above on its own, its holding company
would be required to meet the stipulated turnover requirements at Cl. 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
Scheduled 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.
2.3 Net worth of bidder shall not be less than 100% of the bidder’s paid up share capital as on the last day of the
preceding financial year. In case the Bidder meets the requirement of Net worth based on the strength of its
Subsidiary (ies) and/or Holding Company and/or Subsidiaries 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 their 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 un audited
unconsolidated financial statements of the bidder can be considered acceptable provided the bidder further furnishes
the following documents in substantiation of its qualification.