Annual Turnover Sample Clauses

Annual Turnover. Confirmation showing Annual Turnover in civil Engineering construction works of similar nature in the last three financial years. [ITB Clause 2.2 (e)];
AutoNDA by SimpleDocs
Annual Turnover. Not later than 2 months prior to the commencement of any Financial Year, each Member except for those categories of Member whose levies are calculated by reference to Schedule 6 shall provide to the Company the amount of its Annual Turnover during its most recently completed financial year (if appropriate, determined by reference to its most recently published audited accounts).
Annual Turnover. Annual turnover means the turnover excluding VAT, trend adjusted, during the twelve months immediately before the date of the damage.
Annual Turnover. In case the tenders having the due date for submission of bid up to 30th September of the relevant financial year, and audited financial results of the immediate 3 preceding financial years are not available, the bidder has an option to submit the audited financial results of the 3 years immediately prior to that. Wherever the closing date of the bid is after 30th Sept. of the relevant financial year, bidder has to compulsorily submit the audited financial results for the immediate 3 preceding financial years. However, in case bidder is meeting the Annual Turnover criteria of BEC based on Audited Financial Statement of any one of the preceding 3 financial years, the same shall suffice.
Annual Turnover. The LRT Consultant is required to have an average annual turnover of at least forty million (NIS 40,000,000) New Israeli Shekels (or the equivalent thereof), calculated based on the values stated below, for its three (3) latest financial statements which shall not be earlier than 2015.
Annual Turnover. The annual turnover of the Tenderers during any of the last three financial years (i.e. FY 2021-22, 2022-23 & 2023-24) should be at least as given below: Minimum Annual Turnover - ₹ 18.76 Lakhs /- during any of the preceding three financial years. (60% of the annualized estimated value of work inclusive of GST) Turnover for this purpose should be as per audited financial statements. The reports issued by any Auditor / Chartered Accountant shall mandatorily bear UDIN (Unique Document Identification Number) for such reports of FY 2019-20 onwards. Absence of signature of bidding entity or UDIN on such certificates can be sorted out by seeking commercial clarification. If a Bidder is not required to get its accounts audited under Section 44AB of The Income Tax Act, 1961, certificate from a Practicing Chartered Accountant towards the turnover of the Bidder along with copy of its Income Tax Return should be obtained. In case of tenders having original bid closing date up to 6 months from the current financial year, and, in case audited financial results of the immediate three preceding financial years are not available, the bidder has an option to submit the audited financial results of the three years immediately prior to preceding financial year. Wherever the closing date of the bid is after 6 months from the current financial year, the bidder must compulsorily submit the audited financial results for the immediate three preceding financial years. The immediately preceding financial year shall be considered, accordingly. The audited financial results shall be certified by an auditor on or before the date of bid submission. Acceptance of PQC documents of related / unrelated parties shall be as follows: SN Scenario Financial criteria Techno-commercial experience criteria A New Entity formed New Entity can use New Entity can use as a result of merger previous financial previous experience of of two entities and the credentials of any of the any of the merged earlier entity ceases to merged companies till 5 companies till 5 years exist years from the date of such from the date of such merger or of its own. merger or of its own.
Annual Turnover. (Rs. In Lacs)
AutoNDA by SimpleDocs
Annual Turnover. A v e r a g e Annual Turnover should be Rs.15 lacs or more (per year) during last 3 Assessment years i.e.2018-2019, 2019-2020, 2020-2021. Complete audited annual turnover report with profit & Loss, balance sheet, income and expenditure reports for last 3 assessment years to be submitted along with the technical bid.
Annual Turnover. Annual turnover for execution of complete godown building works along with all allied works will be 80% of the DNIT cost of work in any one year during last three financial years.
Annual Turnover. Average annual turnover during last each three financial years (i.e. 2017-18, 18-19 & 19-20) shall be Rs. 25.00 crores minimum. Total turnover of consortium partners will be consider for the qualification criteria.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!