Notes for clause 5.1.1 above:
i. ‘Similar work(s)’ shall mean any of the following:
a) Construction/ Repairs/ Renovation work of RCC Chimney of minimum 160 mheight above
ground level. The aforesaid work should include External Painting work of Chimney(s).
OR
b) External Painting work of RCC Chimney(s) of minimum 160 m height above ground level.
ii. The word “executed” means the bidder should have achieved the criterion specified in the
Qualifying Requirements, even if the total contract is not completed/ closed. In case
contract(s) is under execution as on the date of techno-commercial bid opening, the value of work
executed till such date will be considered provided the same is certified by the employer
5.2 Financial Criteria:
5.2.1 The average annual turnover of the Bidder, in the preceding three (3) financial years as on
the date of Techno-Commercial bid opening, shall not be less than Rs. 238 Lakhs (Rupees
Two hundred and thirty eight Lakhs only).
5.2.2 In case the bidder is not able to furnish its audited financial statement on standalone
entity basis, the unaudited unconsolidated financial statement of the bidder can be
considered acceptable provided the bidder furnishes the following further documents on
substantiation of its qualification.
Copies of the unaudited unconsolidated financial statements of the bidder along
with copies of the audited consolidated financial statements of the Holding
company.
A certificate from CEO/CFO of the Holding company as per the format enclosed
statement in the bid documents stating that the unaudited unconsolidated financial
statements form part of the consolidated annual report of the company.
5.2.3 In case where audited results for the last financial year as on date of techno
commercial bid opening are not available, the financial result 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 result of three consecutive financial years preceding the last
financial year shall be considered for evaluating the financial parameters. Further, a
Certificate would be required from the CEO/CFO as per the format enclosed in the
bidding documents stating that the financial results of the company are under audit