Common use of Financial Status Clause in Contracts

Financial Status. Bidder must have an average annual turnover of Rs. 300 Crore during the last 3 financial years (Documentary proof like financial statement/Balance sheet from Chartered Accountant/ equivalent statutory authority to be submitted).

Financial Status. Bidder must have an average annual turnover of Rs. 300 Crore 30 lakh during the last 3 financial years (Documentary proof like financial statement/Balance statement /Balance sheet from Chartered Accountant/ equivalent statutory authority to be submitted).

Financial Status. Bidder must have an average annual turnover of Rs. 300 Crore 35 lakh during the last 3 financial years (Documentary proof like financial statement/Balance statement /Balance sheet from Chartered Accountant/ equivalent statutory authority to be submitted).

Financial Status. Bidder must have an average annual turnover of Rs. 300 Crore 20 lakh during the last 3 financial years (Documentary proof like financial statement/Balance statement /Balance sheet from Chartered Accountant/ equivalent statutory authority to be submitted).