Chandigarh Industrial And Tourism Development Corporation Limited Tender

The financial eligibility criteria for bidders can be clustered into the following categories: 1. Net Worth: - No specific value or percentage mentioned in one set of criteria. - The bidder's net worth should not be negative in any of the last 5 years in another set of criteria. 2. Turnover: - The bidder should submit a C.A (UDIN) certificate regarding Turnover, but no specific value or percentage is mentioned in one set of criteria. - The bidder's annual turnover should not be less than Rs. 5.00 Crore per annum in the last 5 years in another set of criteria. 3. Revenue: - No specific value or percentage mentioned. 4. Net Profit: - If the bidder had losses and negative net worth in any of the last 5 years, then its bid shall be rejected in one set of criteria. - The bidder should not have losses and negative net worth in any of the last 5 years in another set of criteria. - The bidder's net profit after tax for the financial years should be supported by an Auditor's report. 5. Other financial eligibility points: - The bidder should have a valid GST No., PAN, etc. - The bidder should submit an Earnest Money Deposit (EMD) of Rs.10,00,000/-. - The bidder should pay a participation fee, but the value is not specified. - The bidder should deposit interest-free security equal to 12 months determined license fee after the issuance of the letter of intent. - The bidder should furnish 120 post-dated cheques of licensee fee in advance. - A 5% increase in license fee shall be applicable after completion of 365 days or 12 months of the license period. - A penal interest of 18% shall be charged by the Licensor from the Licensee in case of bouncing of cheques.