5.2Financialcriteria:
5.2.1TheaverageannualturnoveroftheBidder,intheprecedingthree(3)financialyearsasonthedate
ofTechnoͲCommercialbidopening,shallnotbelessthanRs.150Lakhs(Rupeesonehundredfifty
Lakhsonly).
5.2.2Incasethebidderisnotable
tofurnishitsauditedfinancialstatementsonstandaloneentitybasis,
theunaudited unconsolidated financialstatements of the bidder canbe considered acceptable
provided the bidder furnishes the following further documents on substantiation of its
qualification:
x Copiesoftheunauditedunconsolidatedfinancialstatementsofthebidderalongwithcopies
of
theauditedconsolidatedfinancialstatementsoftheHoldingCompany.
x AcertificatefromtheCEO/CFOoftheHoldingCompanyaspertheformatenclosedinthebid
documentsstating that the unauditedunconsolidated financialstatements form partof the
consolidatedannualreportofthecompany
5.2.3Incasewhereauditedresults
forthelastfinancialyearasonthedateofTechnoCommercialBid
Openingarenotavailable,thefinancialresultscertifiedbyapracticingCharteredAccountantshall
be considered acceptable. In case, Bidder is not able to submit the Certificate from practicing
CharteredAccountantcertifyingitsfinancialparameters,theaudited
resultsofthreeconsecutive
financial years preceding the last financial year shall be considered for evaluating the financial
parameters.Further,acertificatewouldberequiredfromtheCEO/CFOaspe rtheformatenclosed
inthebiddingdocumentsstatingthatthefinancialresultsoftheCompanyareunderauditason
the
date of TechnoͲCommercial Bid Opening and the Certificate from the practicing Chartered
Accountantcertifyingthefinancialparametersis not available
.Note:ͲOtherincomeshallnotbeconsideredforarrivingatannualturnover.
Note: No hard copy of Bidding Documents shall be issued
6.0 The biddershallhaveto submitthefollowingdocumentsinsupport ofmeeting theQRalong
withtheirbid:
6.1 ThebiddertosubmitdocumentaryevidenceinsupportofClause5.1ofQR.
6.2 Copiesofauditedbalance sheetandprofit&lossaccountfortheprecedingthree(3)financial
yearsinsupport ofClause5.2ofQR.
7.0 Notwithstanding anything stated above, the Employer reserves the right to undertake a physical
assessment of capacity and capabilities including financial capacity and cap ability of the Bidder/ his
collaborator(s)/associate(s)/ subsidiary(ies)/group company(ies) toperformthe contract, should the
circumstanceswarrantsuch
assessmentintheoverallinterestoftheEmployer.