3.0 Qualifying Requirements:
Completion Period: 12 months
1.0 Technical Criteria
The bidder should have executed the orders of supply of “Cast Basalt Lined Pipes/
Bends/Flanges/ Fittings” internal diameter not less than 200mm having minimum cast basalt
lining thickness of 20mm, in the preceding seven (7) years prior to the date of techno
commercial bid opening, meeting the following criteria:-
(i) Single order of value not less than
Rs 938.18 Lakhs
OR
(ii) Two orders of value not less than
Rs 586.36 Lakhs each
OR
(iii) Three orders of value not less than
Rs 469.09 Lakhs each
.
Note: All values above are exclusive of GST/Taxes.
Notes for Clause 1.0 above:
The word “Executed/Supplied” means the Bidder should have achieved the criteria specified
in the qualifying requirements at Clause 1.0, even if the contract has been started earlier
and/or is not completed/ closed.
2.0 Financial Criteria
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. 1172.72 Lakhs
(Rupees Eleven Crore Seventy Two Lakhs Seventy Two Thousand only).
Notes for Clause 2.0 above:
(i) In case where audited results for the last financial year as on the date of techno
commercial bid opening are not available, the financial results 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 results for the three consecutive financial years preceding the last financial year shall
be considered for evaluating the financial parameters, a Certificate would be required from
the CEO/CFO as per the format enclosed in the bidding documents starting financial results of
the company are under audit as on the date of techno-commercial bid opening and the
certificate from a practicing chartered accountant certifying the financial parameters is not
available.
(ii) Other income shall not be considered for arriving at annual turnover
.