Common use of QUALIFYING REQUIREMENTS Clause in Contracts

QUALIFYING REQUIREMENTS. a. Must have annual turnover of consulting portfolio (average of past 3 financial years of the firm) equal to or more than Rs. 2 Crores from consultancy business. Annual turnover should be duly certified by statutory body like Chartered Accountant or Independent Auditors who are competent to do so as recognized by the State concerned.

QUALIFYING REQUIREMENTS. a. Must have annual turnover of consulting portfolio (average of past 3 5 financial years of the firm) equal to or more than Rs. 2 3 Crores from consultancy business. Annual turnover should be duly certified by statutory body like Chartered Accountant or Independent Auditors who are competent to do so as recognized by the State concerned.