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| Qualification Criteria: |
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The bids received within the stipulated
date will be evaluated based on the criteria outlined in
the prequalification document. Prequalification will be
based on meeting minimum pass / fail criteria on
Applicant's general and particular experience, personnel
and equipment capabilities, financial position in the
prescribed forms. Sub contractors experience and
resources will not be considered in determining the
Applicant's compliance with the qualifying criteria.
Public sector companies are eligible to qualify if they
are not dependent agency of the borrower. |
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| Joint Ventures have
to comply with the requirements that |
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| a. | The lead partner should meet not less than
50% of all the qualifying criteria. |
| b. | Each partner should meet not less than
stipulated proposition of qualifying criteria. |
The lead partner should be clearly
identified and each partner in the Joint Venture
shall sign the letter of Application. |
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| Domestic Preference: |
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A 7.5% margin of preference for domestic
bidders will apply in bid evaluation. To qualify
for this preference individual firms must |
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| a. | Be registered in India |
| b. | Have majority ownership by nationals of India |
| c. | Not sub contract more than the 50% of the
contract value to foreign contractors |
Joint venture between domestic and foreign
firms are eligible for the margin of preference provided
the domestic partners |
|
| a. | Individually satisfy the above criteria of eligibility for the preference. |
| b. | Demonstrate a beneficiary interest of not less than 50% in joint venture. |
c. |
Under the arrangement proposed will
execute atleast 50% of the works measured in terms of the
contract price. |
| General: |
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Only companies that have been prequalified
will be invited to bid. A qualified firm or member of
Joint Venture may participate in only one bid or
combination of contracts. Bidders will be required to
provide bid security in the form of Bank Guarantee or
other security acceptable to the Employer. The successful
bidder will be required to provide performance security. |