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FMS - GAIL

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4.<br />

Bids from Joint<br />

Venture /<br />

Consortium<br />

5. One Bid per<br />

Bidder<br />

6.<br />

Cost of Bidding<br />

3.2 FINANCIAL BID EVALUATION CRITERIA:<br />

3.2.1 The Annual Turnover of the Bidder should be equal to or more than<br />

Rs. 1.8 Crores in any one of the preceding three financial years (i.e.<br />

2003-04 / 2004-2005 / 2005-2006). Bidder must fill the form as per<br />

enclosed Format – F 3A.<br />

3.2.2 The Net Worth and Return on Equity of the bidder should be<br />

positive as per latest audited balance sheet ending 31 st March 2006.<br />

Bidder must fill the form as per enclosed Format F 3B.<br />

3.2.3 The bidder should have minimum Working Capital of Rs. 36 (Thirty<br />

Six) lacs as per the last audited financial statement for the financial<br />

year 2005-2006. If the bidder’s working capital is inadequate, the<br />

bidder should supplement with a bidder’s bank, having net worth not<br />

less than Rs. 100 crores, letter confirming the availability of line of<br />

credit for at least Rs. 36 (Thirty Six) lacs. Bidder must fill the form as<br />

per enclosed Format – F 3B.<br />

Bidder should furnish documentary evidence (copies of Work Orders &<br />

relevant completion certificates/performance certificates, List of<br />

Establishments, ISO 9001:2000 Certificate, Audited Balance Sheet, P&L<br />

Account, etc.) duly notarized by Notary Public to substantiate their eligibility<br />

against the above technical as well as financial evaluation criteria along with<br />

the bid.<br />

In the absence of such requisite documents, <strong>GAIL</strong> reserves the right to reject<br />

the bid without any reference to the bidder.<br />

3.3 Equipment Deployment Criteria [Not Applicable]<br />

3.4 Manpower Organization [Not Applicable]<br />

3.5 Bidders shall also submit proposals of work methods and schedule in<br />

sufficient detail to demonstrate the adequacy of the bidders’ proposals to<br />

meet the technical specifications and the completion time referred to in<br />

Sub-Clause 1.2 above.<br />

DELETED<br />

5.1 A firm shall submit only one bid in the same bidding process, either<br />

individually as a bidder or as a partner in a joint venture or as a member of<br />

consortium. No firm can be a subcontractor while submitting a bid<br />

individually or as a partner of a joint venture or as a member of a consortium<br />

in the same bidding process. A firm, if acting in the capacity of subcontractor<br />

in any bid, may participate in more than one bid, but only in that capacity. A<br />

bidder who submits or participates in more than one bid will cause all the<br />

proposals in which the bidder has participated to be disqualified.<br />

6.1 The bidder shall bear all costs associated with the preparation and<br />

submission of the bid, including costs and expenses related to visits to the<br />

site and <strong>GAIL</strong> will in no case, be responsible or liable for these costs,<br />

regardless of the conduct or outcome of the bidding process.<br />

7. Site Visit 7.1 The bidder is advised to visit and examine the Site of Works and its<br />

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