Route-2
b) Civil Work(s) including “excavation / banking/ embankment/filling using earth /
ash / sand including carriage/disposal using mechanized means” in maximum 3
works. Further to it, the bidder should have executed the earth/ ash /sand work
of quantity minimum 2.62 lakh Cubic Meter in single contract in any of the above
referred 3 works
Notes for Clause 1.0 above:
(1)
The word “executed” means the bidder should have achieved the criteria specified
in the above QR within the preceding seven (7) year period even if the contract has
been started earlier and / or is not completed/ closed.
(2)
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 Project Authority
specifying the scope of work executed by the sub-contractor in support of Qualifying
Requirements
The average annual turnover of the Bidder, in the preceding three (3) financial years as
on the date of Techno-Commercial bid opening, should not be less than
Rs. 35.87
Crore
(Rupees Thirty Five Crore Eighty Seven Lakh Only
2.1
In case a bidder does not satisfy the financial criteria, stipulated above on its own, its
Holding Company would be required to meet the stipulated turnover requirements
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 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.
2.2
The Net Worth of the bidder as on the last day of the preceding financial year
(reckoned on the date of techno-commercial bid opening) should not be less than
100% of the Bidder’s 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 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.
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.
2.3
In case the bidder is not able to furnish its audited financial statements on standalone
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
(a)
Copies of the unaudited unconsolidated financial statements of the bidder along with
copies of the audited consolidated financial statements of its Holding Company.