Qualification for Bidders Clause Samples

The 'Qualification for bidders' clause sets out the criteria that potential bidders must meet to participate in a bidding process. Typically, this clause outlines requirements such as financial stability, relevant experience, technical capability, and compliance with legal or regulatory standards. For example, it may require bidders to provide proof of previous similar projects or certifications. Its core function is to ensure that only capable and reliable parties are considered, thereby reducing the risk of project failure and promoting fair competition.
Qualification for Bidders. 5.1 Essential Qualifications a) Bids are invited only from reputed manufactures and their authorized dealers. b) An average annual turnover of Rs. 1 Crore for last three Financial Years (FY’ 2013-14, 2014-15, 2015- 16), duly signed by Chartered Accountant is mandatory. c) The bidder should have completed one (1) order of worth minimum Rs 10,00,000/- (Ten Lakhs) or two
Qualification for Bidders. 3.1 Essential Qualifications a) Selection of qualified bidder would be based on experience and turnover. Tenders are invited only from reputed manufactures and their authorized dealers from well reputed brands. b) Up to the last date for submitting tenders, a minimum of 03 calendar years experience in supply of Electronic & Electrical Items to Government Organization is essential. Apart from this, the tenders shall submit the list of organizations to whom they have supplied the items. The tenderers shall enclose copies of supply orders from Government Organization in support of this qualification. Please enclose any three work order in the supply of the same. c) Bidders shall enclose a copy of their valid certificate of PAN No., GST No./TAN No, Sale Tax/VAT No./Service Tax No., certificate of other taxes which are applicable and Income Tax return (last 03 Financial Year) or any other document as required by the Institute with their tender. d) The bidder should have completed one (1) order of amount Rs 10,00,000/- (Ten Lakhs) or two (2) orders of amount Rs 5,00,000/- (Five Lakhs) each of any govt. Organization e) Audited report of the bidder for last three financial years (FY’ 2016-17, 2017-18, 2018-19) and average annual turnover of the bidder should be submitted with the tender. An average turnover of Rs. 50 Lakhs for the last three financial years duly signed by Chartered accountant is mandatory. f) Letter of declaration that the bidder should not have been black listed by any State Government/Central Government or any PSU. An undertaking has to be enclosed. 3.2 General Terms with regard to quality of materials. a) The Tenderer must be a reputed manufacturer or an authorized representative of the products offered. The authority from the manufacturer/OEM must be submitted along with the bid. The bids received without authority will be rejected out rightly. b) Tenderers shall submit their tender with complete specifications and required information as per the Financial Bid. Tenderers are advised to visit the site before submitting the Tender for exact Specification & measurement. Submit the copy of the Terms & Conditions along with Price Bid format as issued by the institute has to be enclosed after duly signed by the bidders. c) Unless otherwise mentioned in the contract, the latest Indian standard Code for material specifications, method of work and mode of measurements shall be followed. The Bidder should have relevant standard Certificates. The payment...
Qualification for Bidders 

Related to Qualification for Bidders

  • QUALIFICATION OF BIDDERS BID PACKAGE REQUIREMENTS:

  • Registration for E - Bidders 4.1. Parties who are interested to participate in public auction as (“E-Bidders”) may do so by logging on to the Auctioneer’s website and register as a user. 4.2. E- Bidders shall provide true, current and accurate information to register as a user.

  • ELIGIBILITY OF E-BIDDERS 1.1. Parties who are interested to participate in public auction (“E-Bidders”) may do so by logging on to EHSAN AUCTIONEERS SDN. BHD. Website and register as a member. 1.2. E-bidders who register as a member to participate in the public auction via EHSAN AUCTIONEERS SDN. BHD. website shall: a. Be of 18 years and above, sound mind and not an undischarged bankrupt; b. For a company, be incorporated under the laws of Malaysia and must not be in liquidation; c. Be able to take, fulfil and perform all necessary actions, conditions and matters (including obtaining any necessary consents) in terms of law to enable E-bidders to participate in the public auction and complete the purchase in the event of successful bid. 1.3. E-bidders’ eligibility requirements are also subject to the existing Federal and State legal provisions. Non-Malaysian E-bidders or companies are also advised to take note of restrictions applicable on foreign purchase imposed by relevant authorities.

  • Eligibility of Registered E- Bidders 2.1. E- Bidders who register as a user to participate in every public auction on Rajan Auctioneers website shall: 2.1.1. Be of 18 years and above, sound mind and not an undischarged bankrupt; 2.1.2. For a company, be incorporated under the laws of Malaysia and must not be in liquidation; 2.1.3. Be able to take, fulfil and perform all necessary actions, conditions and matters (including obtaining any necessary consents) in terms of law to enable E-Bidders to participate in the public auction and complete the purchase in the event of successful bid.

  • Qualifications for Voting To be entitled to vote at any meeting of Holders a Person shall (a) be a Holder of one or more Notes on the record date pertaining to such meeting or (b) be a Person appointed by an instrument in writing as proxy by a Holder of one or more Notes on the record date pertaining to such meeting. The only Persons who shall be entitled to be present or to speak at any meeting of Holders shall be the Persons entitled to vote at such meeting and their counsel and any representatives of the Trustee and its counsel and any representatives of the Company and its counsel.