Essential Financial Guidelines for CPWD Registration: Your FAQs Answered
1. What are the financial soundness requirements for CPWD registration in the Buildings & Roads category?
Answer: The financial soundness requirements for CPWD registration in the Buildings & Roads category vary based on the class of registration. The requirements are specified in Table 4 below:
Table 4: Minimum Requirements for Financial Soundness – Buildings & Roads Category
2. What are the financial soundness requirements for CPWD registration in the Horticulture category?
Answer: The financial soundness requirements for CPWD registration in the Horticulture category are specified in Table 5 below:
Table 5: Minimum Requirements for Financial Soundness – Horticulture
3. What documents are required for CPWD registration for different classes?
Answer: For CPWD registration, the following documents are required for all classes (Class I(Super), Class I(AAA), Class I(AA), Class I(A), Class I, Class II, Class III, Class IV, and Class V) irrespective of the category:
Either Banker’s Certificate or Networth Certificate
Average Annual Turnover Certificate for works during the last three financial years from a Chartered Accountant.
For enlistment under Rule 6.1.7 and 6.1.9, only the Banker’s Certificate is required.
4. How should the Average Annual Turnover Certificate be prepared?
Answer: The Average Annual Turnover Certificate must be:
Issued by a certified Chartered Accountant on their letterhead.
Verified by CPWD officers using the UDIN website.
The certificate should cover the financial years ending on 31st March of the year preceding the calendar year of application or the last financial year if an audited balance sheet is submitted.
Enhanced by 7% per annum to bring the turnover figures to the current value.
Example 1: If the date of application is 21.05.2024 with an unaudited balance sheet of the last financial year, the relevant years for turnover will be:
2022-23 (Enhanced by 7%)
2021-22 (Enhanced by 14%)
2020-21 (Enhanced by 21%)
Example 2: If the date of application is 21.05.2024 with an audited balance sheet of the last financial year, the relevant years for turnover will be:
2023-24 (No enhancement)
2022-23 (Enhanced by 7%)
2021-22 (Enhanced by 14%)
5. What are the requirements for the Banker’s Certificate?
Answer: The Banker’s Certificate must:
Be issued by a Scheduled Bank on its letterhead.
Be addressed to the enlisting authority in the format prescribed in Annexure V-1.
Be uploaded after scanning from the original.
Be not more than 3 months old on the date of application.
The required amounts for the Banker’s Certificate are given in Table 4 for Buildings & Roads category and Table 5 for Horticulture category.
6. How should the Networth Certificate be prepared?
Answer: The Networth Certificate must:
Be in the format prescribed in Annexure V-3.
Be issued by a certified Chartered Accountant on their letterhead.
Include a certification that the net worth has not eroded by more than 50% in the last three years ending on 31st March.
Be verified by CPWD officers using the UDIN website.
The required amounts for the Networth Certificate are given in Table 4 for Buildings & Roads category and Table 5 for Horticulture category.
7. Are work experience and financial soundness required for unemployed youth applying based on their education?
Answer: No, work experience and financial soundness are not required for unemployed youth who are applying for CPWD registration based on their educational qualifications.