g) The “one (1) year period” means any continuous 12 months period. However, for two (2)
concurrent works the same 12 months period shall be considered.
h) In case of works stipulated in 1.1.1 B above the word “earthwork” shall mean earth /ash. The
quantity of earthwork in filling only will be considered for qualification.
i) Reference works executed by the Bidder, as a member of Joint Venture / Consortium/ Associate
can also be considered provided:
The allocation of scope of work between the partners of the Joint Venture / Consortium/ Associate is
clearly defined in the executed Joint Venture agreement/ Consortium Agreement/ Deed of Joint
Undertaking and Bidder’s scope of work and break-up of quantities executed by them as individual
contribution in the Joint Venture / Consortium/ Associate, duly authenticated by the owner/Project
Authority, meet the relevant provisions of qualifying requirement.
In case the reference work has been executed by the Bidder in an integrated Joint Venture wherein
allocation of scope of work and break-up of quantities between the partners is not clearly specified in
the integrated Joint Venture Agreement, then for Clause 1.1.1 B above, the credit of executed
quantities can be claimed by the bidder in the ratio of bidder’s share in the integrated Joint Venture
Agreement, provided the bidder establishes that it regularly undertakes works as at Clause 1.1.1 B
above.
The executed works/ quantities by integrated Joint Venture shall be duly authenticated by the
Owner/Project Authority. However, the bidder will not be eligible to claim the credit of executed work
by integrated Joint Venture for Clause 1.1.1 A, above, unless the bidder has individually executed
the work meeting the requirement of clause no 1.1.1 A above and which has been duly authenticated
by the Owner/Project Authority.
j) Reference work executed by a Bidder as a sub-contractor may also be considered provided the
certificate issued by main contractor is duly certified by Owner/Project Authority specifying the scope
of work executed by the subcontractor in support of qualifying requirements.
1.2 FINANCIAL CRITERIA
1.2.1 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. 18.26 Crore ( Indian Rupees
Eighteen Crore Twenty Six Lakh only).
1.2.2 The Net Worth of the bidder , as on the last day of preceding Financial Year , shall not be less
than 100 % of its paid up share capital.
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 Subsidiaries of its
Holding companies, 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 capital.
For consortiums/ Joint ventures, wherever applicable, the Net worth of all consortiums/ 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%