M/S Gaanesh Kartikey Construction Pvt Ltd v. Union Of India And Others

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-62023-24 20222021-22 2020-21 2019-20 111.47 80.68 125.76 81.79 119.01

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No.

Particulars Financial Year (Last Three Years) 2023-24 2022-23 2021-22 1.

Gross Annual Turnover of General Construction Work 11147.13 8068.46 12576.04 2.

Turn-Over on Civil Engg.

Construction Works 11147.13 8068.46 12576.04 3.

Profit/loss after Taxes 418.43 346.61 577.44"

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No.

Description Financial Data for Last Five Audited Financial Years (In Crores) FY2023 -24 FY20222021FY2020 -21 FY20191.

Maximum value of Civil Engineering Works executed in any one year during the last 5 (five) years 111.47 80.68 125.76 81.79 119.01 2.

Updated Executed works to current costing level of enhancing at a simple rate of interest @ 7% per annum 160.66 (119.01 x 1.35)

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Reference Existing Provision Modified Provision 1.

xxxxx xxxxx xxxxx 2.

Bidding Capacity of tenderer Para - 33.6 Para - 33.6 In case of works costing more than Rs. 50 Cr. NIT approving authority may specify in the NIT that bidding capacity of tenderer shall be additional criterion for pre-qualification of the contractor. The bidding capacity of tenderer shall be worked out from the following formula.

(Note: The bid capacity shall be applicable for the work costing more than Rs. 50 Cr.) For works costing more than Rs. 50 Cr. bidding capacity of tenderer shall be additional criterion for prequalification of the contractor. The bidding capacity of tenderer shall be worked out from the following formula.

B= 1.5* N*T-A Where B - is the Bidding Capacity B= 2* N*T-A Where B - is the Bidding Capacity

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Financial Capacity Average Annual Financial Turnover The applicant should have Average Annual Financial Turnover of the bidders during the last three years ending 31st March of the previous financial year should be at least 30% of the estimated cost.

The applicant should have Average Annual Financial Turnover of the bidders during the last three years ending 31st March of the previous financial year should be at least 30% of the 1.18 times of the estimated cost (excluding GST).

Minimum Annual Value of General Construction Work No existing provision The applicant should have achieved minimum annual value of general construction work (as certified by Chartered Accountant, and at least 50 (fifty) percent of which is from Engineering (Civil/ Electrical/Mechanical as relevant to the work being procured) construction works) carried out in any of the year during last five (05) years, ending 31st March of previous year, calculated by applying a multiplier of 2 for the project costing upto Rs. 1500 Crores and 1.5 for the projects costing more than Rs. 1500 Crores to the projected annual construction expenditure on the subject contract.

Minimum Net Worth The applicant should have a minimum net worth of at least 15% of the estimated cost as on last financial year. Net Worth of the company shall not be eroded by more than 30% in last three financial years.

No change

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