NTPC LIMITED

(A Govt. of India Enterprise)

CORPORATE CONTRACTS, NOIDA

CORRIGENDUM NO.-1 TO INVITATION FOR BIDS (IFB)

FOR

TOWNSHIP PACKAGE

FOR

DARLIPALI SUPER THERMAL POWER PROJECT (2X800 MW)

OF

NTPC LIMITED

AT

DARLIPALI , DISTRICT SUNDARGARH, STATE OF ODISHA, INDIA

(Domestic Competitive Bidding)

Corrigendum No.-1 to IFB No. 40049077

Date: 05.02.2016

Bidding Document No.: CS-9549-364(R)-9

A.NTPC Ltd. hereby issues Corrigendum No.-1 to 'Invitation for Bids' (IFB No. 40049077 dated 05.12.2015) and invites online bids on Single Stage Two

Envelope bidding basis (Envelope-I: Techno-Commercial Bid & Envelope-II:

Price Bid) from eligible bidders for Township package for Darlipali Super Thermal Power Project, District Sundargarh, State of Odisha, India.

Clause Nos. 4.0 and 7.0 of IFB No. 40049077 dated 05.12.2015 stand revised as under:

Revised Clause 4.0 of IFB No. 40049077 dated 05.12.2015 Quote

4.0Detailed specification, scope of work and terms & conditions are given in the bidding documents, which are available for examination and sale at the address given below and may be downloaded as per the following schedule:

Bidding Document No.

: CS-9549-364(R)-9

Document Sale Date

:

From 05.02.2016 to 19.02.2016

& Timing

 

 

Bid Receipt Date & Time

:

Upto 09.03.2016 by 1430 hrs (IST)

for both Techno-Commercial

 

 

and Price Bids

 

 

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Bid Opening Date & Time

:

09.03.2016 at 1500 hrs (IST)

for Techno-Commercial Bid

 

 

Bid Opening Date & Time

: Shall be intimated separately by for

Price Bid

 

NTPC

Cost of Bidding Document

: 9,000/- (Rupees nine thousand only)

per set.

 

 

Estimated Cost of Work

:

16,414.37 Lakh

 

 

Unquote

Revised Clause 7.0 of IFB No. 40049077 dated 05.12.2015

Quote

7.0QUALIFYING REQUIREMENT FOR BIDDERS

The Bidder should meet the minimum Qualifying Requirements as stipulated here under:

7.1.0Technical Criteria

7.1.1The bidder should have executed within the preceding 7 (seven) years reckoned as on the date of Techno commercial Bid Opening, works comprising RCC framed Residential / Non residential building of five(5) stories or more including civil and finishing, Internal electrification,

Plumbing and Sanitary works and meeting the following criteria:

a)atleast one(1) work having minimum total built up area of 40,000 Sqm.

OR

b)atleast two(2) works, each having minimum total built up area of

25,000 Sqm.

NOTES for clause 7.1.1 above:

1)The word “executed” means, the bidder should have successfully completed the work of at least 90% of the contract value. In support of the above, the bidder shall submit the copy of certified last paid bill.

2)The work completed in the preceding seven (7) years reckoned as on the date of techno commercial bid opening

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even if it has been started earlier, will also be considered as meeting the qualifying requirements.

3)In case the reference work(s) contains multiple buildings, within the same contract, then the area of all the buildings shall be considered for total built up area, provided at least one building fulfils the other technical criteria specified at clause 7.1.1 above.

4)The reference works executed by the bidder’s group company / subsidiary company shall not be considered for meeting the qualifying requirements by the bidder.

7.2.0Financial Criteria:

7.2.1The average annual turnover of the Bidder, in the preceding three (3) financial years as on the date of Techno commercial Bid Opening, should not be less than INR 91.20 Crores (Indian Rupees Ninety one Crore and twenty lakh only).

7.2.2The Net Worth of the Bidder as on the last day of the preceding financial year should not be less than 100% of its paid-up share capital. In case the bidder meets the requirement of Net worth based on the strength of its subsidiary (ies) and/or Holding company and/or subsidiaries of its Holding company wherever applicable, the Net worth of bidder and its subsidiary (ies) and/or Holding company and/or subsidiary(ies) of the Holding companies, in combined manner should not be less than 100% of their total paid up share capital. However individually, their Net worth should not be less than 75% of their respective paid up share capitals.

Net worth in combined manner shall be calculated as follows:

Net worth (combined) = (X1+X2+X3) / (Y1+Y2+Y3) X 100

Where X1, X2, X3 are individual Net worth which should not be less than 75% of the respective paid up share capitals and Y1,Y2,Y3 are individual paid up share capitals

7.2.3In case the Bidder is not able to furnish its audited financial statements on stand alone entity basis, the un-audited unconsolidated financial statements of the Bidder can be considered acceptable provided the Bidder further furnishes the following documents for substantiation of its qualification:

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7.2.3.1Copies of the un-audited unconsolidated financial statements of the Bidder along with copies of the audited consolidated financial statements of its Holding Company.

7.2.3.2A Certificate from the CEO / CFO of the Holding Company, as per the format enclosed in the bid documents, stating that the un-audited unconsolidated financial statements form part of the Consolidated Annual Financial Statement of the company.

In cases where audited results for the last financial year as on the date of Techno Commercial bid opening are not available, the financial results certified by a practicing Chartered Accountant shall be considered acceptable. In case, Bidder is not able to submit the Certificate from a practicing Chartered Accountant certifying its financial parameters, the audited results of three consecutive financial years preceding the last financial year shall be considered for evaluating the financial parameters. Further, a Certificate would be required from the CEO/CFO as per the format enclosed in the bidding documents stating that the Financial results of the Company are under audit as on the date of Techno-commercial bid opening and the Certificate from the practicing Chartered Accountant certifying the financial parameters is not available.

7.2.4In case, a Bidder does not satisfy the financial criteria, stipulated at Clause 7.2.1 above on its own, the holding company would be required to meet the stipulated turnover requirements at Clause 7.2.1 above, provided that the net worth of such holding company as on the last day of the preceding financial year is at least equal to or more than the paid- up share capital of the holding company. In such an event, the Bidder would be required to furnish along with its Techno commercial bid, a Letter of Undertaking from the holding company, supported by Holding Company’s Board Resolution, as per the format enclosed in the bid documents, pledging unconditional and irrevocable financial support for the execution of the Contract by the bidder in case of award.

Notes:

i)Net worth means the sum total of the paid up share capital and free reserves. Free reserve means all reserves credited out of the profits and share premium account but does not include reserves credited out of the revaluation of the assets, write back

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of depreciation provision and amalgamation. Further any debit balance of Profit and Loss account and miscellaneous expenses to the extent not adjusted or written off, if any, shall be reduced from reserves and surplus.

ii)Other income shall not be considered for arriving at annual turnover.

Unquote

B.All other terms and conditions of the Detailed IFB No. 40049077 dated

05.12.2015 shall remain unchanged. The bidders, who have already purchased the bidding documents in response to IFB dated 05.12.2015 need not purchase the bidding documents again.

C.Address for communication:

AGM (Contract Services-I)/Sr.. Manager (CS-I),

NTPC Limited,

6th Floor, Engineering Office Complex, A-8A, Sector-24, NOIDA,

Distt. Gautam Budh Nagar, (UP), INDIA

Pin - 201301

Fax No.: 0091-120 – 2410335/ 2410011 Tel. No.: 0091-120- 4946659/ 2410060

e-mail: dkjuneja@ntpc.co.in; pksingh15@ntpc.co.in

Websites: https://etender.ntpclakshya.co.in or www.ntpctender.com or www.ntpc.co.in

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