INVITATION FOR BID (IFB)
Section I: Invitation For Bids (IFB):Version2
Page 3 of 4
Case-I: The work is started earlier (prior to the period stipulated in Clause-1.0, but completed within the stipulated
period as mentioned in clause 1.0. In such cases, entire executed value of the relevant work vide that work order shall be
considered for evaluation.
Case-II: The work is started and completed within the stipulated period as mentioned in clause 1.0
Case-III: The work is started within the stipulated period as mentioned in clause 1.0 but not completed as on the last
date of stipulated period. In such cases, “In Progress” executed value of the relevant work vide that work order as on the
last date of stipulated period, shall be considered for evaluation.
(ii) Remarks: Any of the above cases shall be supported by documentary evidence issued by the "Owner".
"Owner" means the entity which has the original requirement of the subject work and has initiated and awarded the
work to the contractor (bidder) for executing the reference work against which the credentials have been submitted. And
the "Owner" defined as above is not a contractor to any other entity for the reference work.
In case, the bidder has worked as approved sub-Contractor/sub-vendor, he has to provide documentary evidence issued
by the "Owner".
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 35.37 Lakhs (Rupees Thirty-Five Lakhs Thirty Seven Thousand
Only)
Notes for Clause2.0 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.
6. Notwithstanding anything stated above, the Employer reserves the right to assess the capabilities and
capacity of the Bidder/ his collaborators / associates/ subsidiaries/ group companies to perform the
contract, should the circumstances warrant such assessment in the overall interest of the Employer.
7. Employer reserves the right to reject any or all bids or cancel/withdraw the Invitation for Bids without
assigning any reason whatsoever and in such case no bidder / intending bidder shall have any claim
arising out of such action.
8. A complete set of Bidding Documents may be downloaded by any interested Bidder from our NIC Portal
(https://eprocurentpc.nic.in/nicgep/app).
9. Clarification on bidding documents:
A prospective Bidder requiring any clarification of the Bidding Document shall put the query under
Clarification tab of the on-line bid at least three days prior to the clarification end date. EMPLOYER
will respond to any request for clarification or modification of the bidding documents that it receives
within the time line specified.
EMPLOYER will post the Clarifications under Clarification/Corrigendum tab at e-tender website.
Bidders can view these clarifications.
# No Queries from Bidders, whatsoever, shall be entertained by the Employer beyond the last date of
receipt of Queries/ Pre-Bid Conference (if applicable) as specified above.