Description |
Normally standalone financials of the bidding entity only will be considered. However, consolidated financials at the bidding entity level, if available, can also be submitted. Parent/holding company financials can be submitted and considered, subject to submission of financial guarantee and commitment letter, as described under (ii) ii. Where the bidding entity is unable to meet the Financial Evaluation Criteria, Parent/Holding Company Audited Financials can be considered, subject to: a) Submission of Financial guarantee in the form of 10% Bank guarantee of contract value b) Commitment Letter from Parent/Company to provide financial support to the bidding entity iii. Evaluation will be done only based on the published annual reports / audited financials containing Auditor’s report, Balance sheet, Profit & Loss a/c and Notes to Accounts iv. In case of unaudited statements (if there are no audit requirements for auditing of financials as per the local law), the financials shall be accompanied by a certificate from a Certified Accountant. Certificate should also mention the fact that there is no requirement of audit of the financials as per the local law. v. Company’s financial performance documents (Published Annual Report comprising Audited Balance sheets and Profit and Loss statements , Auditors Report and Notes to Accounts etc.) for last 2 (two) years. Latest audited financial statements should be provided but in no event should be older than 12 months on the date of Expression of interest (EoI). The bidding entity not meeting the financial criteria mentioned above in addition to Specific Prequalification criteria stated above shall be disqualified from the bidding process. All qualifications and exceptions brought out in Auditor’s report and Notes to Accounts would be factored in while undertaking financial evaluation. Technical Capabilities Applicant should have completed at least 2 Oil/Gas projects on EPC basis comprising of Onshore processing / gathering station having cumulative processing capacity of at least 50MMSCFD or 6.5 KBOEPD in the last 10 years. Participants are requested to submit the following pre-qualification documents as a minimum: 1. Letter of interest clearly indicating the qualifying projects with following details : a) Brief scope of work b) Value of work in INR/USD c) Contractual Duration d) Actual completion of Project, e) Completion Certificate from users f) Contact details of the Client (Operator may approach the client directly for the feedback) reference along with completion certificates from user(s) 2. Details of other similar EPC projects successfully executed in the last 10 years and those of currently under execution along with details requested under s. no. 1 above. 3. Detailed Project Execution methodology describing management of engineering, procurement, construction, and commissioning phases of project. 4. Details of Key Members who shall be involved in the Project execution including their experience levels. 5. HSE Management Systems, Policies, HSE Plan and supporting documentation demonstrating compliance to High Risk HSSEQ questionnaire. |