Professional Documents
Culture Documents
The average turnover of the bidder / consortium partners jointly (in case of
consortium bid) for the last 3 financial years ending with 31st March 2017 will be
calculated by dividing the total turnover for the last three years by 3 and should
be equal to or more than 1 ( One) crore. (The Turnover of the consultancy
division alone will be taken into account)
4) Average annual financial turnover of the bidder during the last 3 years shall be
at least 1,00, 00,000.00 (Rupees One crore). Bidders shall submit audited
profit/loss statement and balance sheets for the last three years ending
31.3.2017. For firms having multifaceted operations like consultancy, project
execution etc turnover and profit for the consultancy division will only be taken for
the bid evaluation and has to be separately shown.