Average Annual Construction Turnover. The average annual turnover from construction of last five financial years should be > INR 271.36 crore. The average annual turnover of JV will be based on percentage participation of each member. Example: Let Member-1 has percentage participation = M and Member - 2 has = N. Let the average annual turnover of Member-1 is ‘A’ and that of Member-2 is ‘B’, then the combined average annual turnover of JV will be: = AM+BN 100
(a) Each partner must meet minimum 25% of the minimum requirement;
(b) At least one partner must meet 40% of the minimum requirement; and
(c) All partners combined must meet the minimum requirement.
Average Annual Construction Turnover. Minimum average annual construction turnover based on certified payment received for contracts in progress or completed over the last three (3) completed financial years (FY 2014-15, 2015-16, and 2016-17) should not be less than as mentioned above in Column-5. The single entity or all partners combined must meet the requirement. In case of JV, each partner must meet minimum 25% and one (lead) partner minimum 40% of this requirement.
Average Annual Construction Turnover. Minimum average annual construction turnover of NPR (Not Applicable (NA)) calculated as total certified payments received for construction contracts in progress or completed, within best three years out of last ten fiscal years. must meet requirement must meet requirement must meet 25% of the requirement must meet 40% of the requirement Form FIN -2 2.4 Experience Requirement Single Entity Joint Venture Submission Requirements
2.4.1 General Construction Experience Experience under construction contracts in the role of contractor, subcontractor, or management contractor for at least the last (NA) years prior to the applications submission deadline. must meet requirement not applicable must meet requirement not applicable Form EXP - 1
Average Annual Construction Turnover. Minimum average annual construction turnover of TZS [PE to insert amount], calculated as total certified payments received for contracts in progress and/or completed within the last [PE to insert number] years, divided by [PE to insert number] years. Year 1 Year 2 Year 3 Year 4 Year 5 Average Annual Construction Turnover★ ★ Total TZS equipment for all years divided by the number of years.
Average Annual Construction Turnover. Tenderer's Name: Date: JV Member's Name ITT No. and title: Annual turnover data (construction only) Average Annual Construction Turnover * * See Section III, Evaluation and Qualification Criteria, Sub-Factor 3.2.
Average Annual Construction Turnover. [The following table shall be filled in for the Bidder and for each partner of a Joint Venture] [indicate year] [insert amount and indicate currency] [insert amount in INR or US$ equiv.
Average Annual Construction Turnover. Minimum average annual construction turnover of NPR (Not Applicable (NA)) calculated as total certified payments received for construction contracts in progress or completed, within best three years out of last ten fiscal years. must meet requirement must meet requirement must meet 25% of the requirement must meet 40% of the requirement Form FIN -2
