Annexure- I
QUALIFYING REQUIREMENTS
1.0 Technical Criteria:
The bidder must have experience of having successfully executed work of similar nature
(Loading or Loading & Transportation of coal/overburden/rock/any other mineral) during last
seven (07) years as on date of Techno-Commercial bid opening with either of the following:
(i) Single order of value not less than Rs. 152 Lakhs OR
(ii) Two orders of value not less than Rs. 95 Lakhs each OR
(iii) Three orders of value not less than Rs. 76 Lakhs each.
Note:-
(i) The word "executed" means that the bidder should have achieved the above specified
eligibility criteria during the last seven(07) year as on the date of Techno-Commercial
bid opening even if the contract has been started earlier and /or is not
completed/closed.
(ii) Necessary documentary evidence including client certificate in support of execution of
the work to be submitted along with its Techno-Commercial bid.
(iii) Word "loading" means loading of coal/overburden/rock/any other mineral by
mechanical means only onto wagons / tippers.
2.0 Financial Criteria:
2.1 The average annual turnover of the Bidder, in the preceding three (3) financial years as on
date of techno-commercial bid opening, should not be less than INR 189 Lakhs (Indian
Rupees One hundred Eighty Nine Lakhs only).
In case a bidder does not satisfy the average annual turnover criteria, stipulated above on
its own, its Holding company would be required to meet the stipulated turnover
requirements as 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 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 In case the bidder is not able to furnish its audited financial statement on standalone entity
basis, the unaudited unconsolidated financial statements of the bidder can be considered
acceptable provided the bidder furnishes the following further documents on substantiation
of its qualification.
a) Copies of the unaudited unconsolidated financial statement of the bidder along with
copies of the audited consolidated financial statements of the Holding Company.