NTPC LIMITED

(A GOVT. OF INDIA ENTERPRISE)

(CORPORATE CONTRACTS, NOIDA)

 

INVITATION FOR BIDS (IFB)

FOR

MUD ENGINEERING & SOLID CONTROL SERVICES PACKAGE

FOR

CB-ONN-2009/5 CAMBAY ON-LAND OIL/GAS EXPLORATION BLOCK

 

AT AHMEDABAD AND MEHSANA DISTRICTS OF GUJARAT, INDIA

 

(International Competitive Bidding)

 

 

IFB No.:  CS-8001-722K-9                                                                                     Date: 22.02.2014

 

 

1.0           NTPC Ltd. (As ‘Operator’ of the exploration block CB-ONN-2009/5) invites sealed bids on Two Stage bidding basis (Stage-I: Techno-Commercial Bid & Stage-II: Price Bid) from eligible Bidders for Mud Engineering & Solid Control Services Package for CB-ONN-2009/5 Cambay On-Land Oil/Gas Exploration Block, located at Ahmedabad and Mehsana Districts of Gujarat, India, as per the Scope of Work mentioned hereinafter.

              

 

        2.0            BRIEF SCOPE OF WORK

 

            NTPC plans to hire Mud Engineering & Solid Control services (including supply of mud chemicals) for drilling of seven exploratory wells located in Ahmedabad and Mehsana District of Gujarat. Contractor has to provide Personnel and Equipment for providing Mud Engineering Services along with Mobile Effluent Treatment Plant. In addition, contractor has to provide Barite, Bentonite, Chemicals and Additives required for Mud Engineering services as per scope of work under Bidding Document no CS-8001-722K-9.

 

3.0          NTPC intends to finance the subject package through Own Resources.

 

4.0          Detailed 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 as per the following schedule:

           

           

Document Sale Commencement Date

25.02.2014

Document Sale Close Date & Time

24.03.2014 upto 1500 hrs (IST)

Last date for receipt of queries from bidders (if any)

31.03.2014

Bid Receipt Date & Time for Techno Commercial            Bid      

Upto 15.04.2014 by 1030 hrs (IST)

Bid Opening Date & Time          for Techno-Commercial Bid                

15.04.2014 at 1100 hrs (IST)      

Bid Receipt and Opening Date & Time for Price  Bid 

Shall be intimated separately by  NTPC

Cost of Bidding Document    

INR 5625/- (Indian Rupees Five Thousand Six Hundred Twenty Five only) per set for Indian Bidders and    US $ 125 (US Dollar One Hundred Twenty Five only) per set for Foreign Bidders.                                      

 

   5.0         All bids must be accompanied by Bid Security for an amount of INR 23,40,000/- (Indian Rupees  Twenty Three Lakh Forty Thousand only)  or in US$ 37,400/- (US Dollars Thirty Seven Thousand Four Hundred only).

 

ANY BID NOT ACCOMPANIED BY AN ACCEPTABLE BID SECURITY IN A SEPARATE SEALED ENVELOPE SHALL BE REJECTED BY THE EMPLOYER AS BEING NON-RESPONSIVE AND RETURNED TO THE BIDDERS WITHOUT BEING OPENED.

 

6.0          QUALIFYING REQUIREMENT FOR BIDDERS 

 

In addition to the requirements stipulated in Section ITB (Instructions to Bidder), the following shall also apply:

 

6.1.0     Technical Criteria

 

6.1.1     Bidder should have completed ‘Mud Engineering Services (Drilling Fluid Services)’ in at least six (6) Oil / Gas wells (in one or multiple contracts) within the preceding seven (7) years reckoned as on the date of Techno-Commercial bid opening. 

 

6.2.0       Financial Criteria:

 

6.2.1       Financial Criteria of Bidder

 

a)     The 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 104 Million (Indian Rupees One hundred and Four Million only) or in equivalent foreign currency.

 

b)    The Net Worth of the Bidder as on the last day of the preceding financial year should not be less than 25% of its paid-up share capital.

 

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

 

(i)             Copies of the unaudited unconsolidated financial statements of the Bidder along with copies of the audited consolidated financial statements of its Holding Company.

 

(ii)            A Certificate from the CEO/CFO of the Holding Company, as per the format enclosed with the bidding documents, stating that the unaudited unconsolidated financial statements form part of the consolidated financial statements of the Holding Company.

 

In case where audited results for the preceding financial year are not available, certification of financial statements from a practicing Chartered Accountant shall also be considered acceptable. 

 

d)    In case a Bidder does not satisfy the financial criteria, stipulated at Cl.6.2.1(a) and/ or Cl.6.2.1(b) above on its own, its Holding Company would be required to meet the stipulated turnover requirements at Cl.6.2.1 (a) 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 its Holding Company, supported by Board Resolution of the Holding Company, as per the format enclosed in the bidding documents, pledging unconditional and irrevocable financial support for the execution of the Contract by the Bidder in case of award.

 

e)     The unutilised line of credit for fund based and non-fund based limits with cash and bank balances including fixed deposits of the Bidder as on a date not earlier than 15 days prior to the date of Techno-Commercial bid opening, duly certified by its bankers should not be less than INR 40 Million (Indian Rupees Forty Million only) or in equivalent foreign currency. In case certificates from more than one bank are submitted, the certified unutilized limits shall be of the same date from all such banks.

 

f)       Where another Company of the group acting as the Treasury Centre is responsible for Treasury Management of the Bidder having combined credit/guarantee limit for the whole group, the Bidder would be required to provide a Banker’s certificate regarding the unutilised line of credit for fund based and non-fund based limits together with cash and bank balances including fixed deposits available to such Treasury Centre. Further, Treasury Centre shall certify that out of the aforesaid limits certified by its bankers, the Bidder shall have access to the line of credit of a level not less than the specified amount at Cl.6.2.1(e) above. In proof of this, the Bidder would be required to furnish along with its Techno-Commercial bid, a Letter of Undertaking from the Treasury Centre, supported by a Resolution passed by the Board of Directors of the Holding Company, as per the format enclosed with the bidding documents, pledging unconditional and irrevocable financial support for the execution of the Contract by the Bidder in case of award.

 

g)      In case the Bidder’s unutilized line of credit for fund based and non-fund based limits specified at Cl.6.2.1(e) above is not sufficient, a comfort letter from one of the bankers specified in the bidding documents unequivocally stating that in case the Bidder is awarded the Contract, the Bank would enhance line of credit for fund based and non-fund based limits to a level not less than the specified amount at clause 6.2.1(e) above to the Bidder or to the Treasury Centre as the case may be, shall be acceptable.

 

Notes for clause 6.2.1

 

(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 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.

 

(iii)    For un-utilised line of credit for fund based and non-fund based limits and turnover indicated in foreign currency, the exchange rate as on seven (7) days prior to the date of Techno-Commercial bid opening shall be used.

 

6.3.0       Notwithstanding anything stated above, the Employer reserves the right to assess the capabilities and capacity of the Bidder / his Collaborators / Associates / Subsidiaries / Group companies to perform the Contract, should the circumstances warrant such assessment in the overall interest of the Employer.

 

7.0        NTPC reserves the right to reject any or all bids or cancel/withdraw the Invitation for Bids without assigning any reason whatsoever and in such case no Bidder / intending Bidder shall have any claim arising out of such action.

 

8.0        Prospective Bidders from U.P. State are compulsorily required to provide TIN number at the time of purchase of bidding documents from office of NTPC.

 

9.0        A complete set of Bid documents may be purchased by any interested bidder on submission of a written application and payment (non-refundable) of the cost of bidding documents as mentioned above in the form of a Crossed Account Payee Demand Draft in favour of NTPC Limited, New Delhi. The bidding documents can also be downloaded from http://www.ntpctender.com on registration and online payment (non-refundable) towards cost of bidding documents and the downloaded documents can be used for bidding purposes.

           

            In case the registered bidders who have downloaded the bidding documents require an additional manual copy of the documents then such bidders shall be required to purchase the manual copy of the bidding documents following the procedure detailed above.

 

 10.0     Issuance of Bid Documents to any Bidder shall not construe that such Bidder is considered to be qualified.  Bids shall be submitted and opened at the address given below in the presence of Bidder's representatives who choose to attend the bid opening.

 

11.0  Transfer of Bidding Documents purchased by one intending Bidder to another is not permissible.

 

12.0      Address for communication:

           

            AGM (CS-II) / Manager (CS-II)

            NTPC Limited,

            Sixth Floor, Engineering Office Complex,

            A-8A, Sector-24, NOIDA,

            Distt. Gautam Budh Nagar, (UP), INDIA 

            Pin - 201301     

Fax No.: 0091-120 – 2410284 / 2410011 / 2410359

            Tel. No.: 0091-120 –4946695/4948613

            e-mail: hkdash@ntpc.co.in

                        subhashpaliwal@ntpc.co.in