Grama Panchayat Tender

The financial eligibility criteria for the bidder to participate in this tender are as follows: 1. Minimum Average Annual Financial Turnover: The bidder should have a minimum average annual financial turnover of a specified amount (not explicitly mentioned) during the last three years, ending on 31st March of the previous financial year. 2. Turnover Criteria for OEM: The minimum average annual financial turnover of the OEM of the offered product during the last three years, ending on 31st March of the previous financial year, should be as indicated in the bid document (value not specified). 3. Past Performance: The Bidder or its OEM should have supplied same or similar Category Products for 10% of bid quantity, in at least one of the last three Financial years before the bid opening date. 4. Estimated Bid Value: The estimated bid value is declared for the purpose of guidance on EMD amount and for determining the Eligibility Criteria related to Turn Over, Past Performance, and Project / Past Experience (value not specified). No specific information is found regarding net worth, revenue, or net profit. The values and percentages mentioned are: * 10% of bid quantity (for past performance) * 3 years (for average annual financial turnover and OEM turnover criteria) * 31st March (as the end date for the previous financial year)