Section 3: Evaluation and Qualification Criteria Page 3-5

2.2 Pending Litigation and Arbitration

Pending litigation and arbitration criterion shall apply.

2.2.1 Pending Litigation and Arbitration

Criteria Compliance Requirements Documents

Joint Venture
Single All Partners Each One Submission
Requirements Entity Combined Partner Partner Requirements
All pending litigation and arbitration, if must meet not must meet not Form LIT-1
any, shall be treated as resolved against requirement applicable requirement applicable
the Bidder and so shall in total not rep- by itself or by itself or
resent more than 50 % (fifty percent) of as partner to as partner to
the Bidder's net worth calculated as the past or ex- past or ex-
difference between total assets and total isting Joint isting Joint
liabilities. Venture Venture

2.3 Financial Situation

2.3.1 Historical Financial Performance

Criteria Compliance Requirements Documents

Joint Venture
Single All Partners Each One Submission
Requirements Entity Combined Partner Partner Requirements
Submission of audited financial state- must meet not must meet not Form FIN-1
ments or, if not required by the law of requirement applicable requirement applicable with
the Bidder's country, other financial attachments
statements acceptable to the Employer,
for the last 3 (three) years to demon-
strate the current soundness of the Bid-
der's financial position. As a minimum,
the Bidder's net worth for the last year
calculated as the difference between to-
tal assets and total liabilities should be
positive.

Design, Supply, Installation, Testing & Commissioning of the Aminbazar-

Gopalganj 400 kV Double Circuit Transmission Line on turnkey basis