DETAILED INVITATION FOR BIDS
NTPC LIMITED (CONSULTANCY WING)
INVITATION FOR BIDS (IFB)
FOR
APPOINTMENT OF M&A CUM FINANCIAL CONSULTANT
FOR
RENDERING ADVISORY SERVICES
FOR
ACQUISITION OF POWER ASSETS
(Domestic Competitive Bidding)
IFB No.: |
Date: 04/08/2014 |
1.0NTPC Ltd. Consultancy Wing invites online bids on Single Stage Two Envelope compliant bid basis
2.0SCOPE OF WORK: The brief Scope of work is as under:
M&A cum Financial Consultant is to provide various due diligence and financial advisory services for managing the entire process on a transaction and assist in negotiations, structuring, technical, commercial, financial and tax due diligence, coordinating due diligence, financial analysis, Finalization of
3.0NTPC Ltd. intends to finance this Package through own resources.
4.0Detailed specification and scope are given in the bidding documents, which are available for examination and sale at the address given below and as per the following schedule:
Bidding Document No. |
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Document Sale Date & |
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From 08.08.2014 to 29.08.2014 |
Timing |
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From 1100 hrs to 1500 hrs (IST) |
Bid Receipt Date & Time (Online) |
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1430 hrs (IST) on 09.09.2014 |
(Both Technical and Price Bids) |
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Bid Opening Date, Time & |
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On 09.09.2014 at 1500 hrs. (IST) |
Venue (Technical Bids) |
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at Consultancy Wing, NTPC Ltd, |
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Room No. 219, Engineering Office Complex |
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Annexe, |
DETAILED INVITATION FOR BIDS
Cost of Bidding Document |
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Rs.3375/- (Rupees Three Thousand Three |
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Hundred and Seventy Five only) per set. |
The date and time of opening of Price Bids shall be intimated separately after opening of Technical Bids.
5.0All bids must be accompanied by Bid Security for an amount of Rs.10,62,000/- (Rupees Ten Lakhs Sixty Two Thousand only).
Any Bid not accompanied by the acceptable Bid Security in a separate sealed envelope shall be rejected by the Employer as being
6.0QUALIFYING REQUIREMENT FOR BIDDERS
6.1The bidder shall meet the following minimum Qualification Criteria to be eligible for consideration.
(a)The bidder should have been in the consultancy business for the last ten (10) years as on the date of bid opening.
In support of above, the bidder shall submit the certificate indicating the year of incorporation.
(b)The bidder should have successfully completed at least one (1) transaction in India as an M&A advisor for at least one Power Project of minimum 200 MW size in previous seven
(7) years reckoned as on the date of bid opening.
In support of above, the bidder should submit (i) a signed copy of the work order/contract/engagement letter and (ii) completion certificate from either buyer or seller, duly attested by authorized signatory of bidder indicating the plant size. For the sake of clarity, successful completion shall mean either the deal is closed i.e. the money transaction has taken place or the deal is announced in the relevant public domain such as Stock Exchange announcement etc.
(c)The average annual turnover of the bidder, in the preceding three (3) financial years as on the date of bid opening should not be less than INR 8Crore (Indian Rupee Eight Crore).
In support of above, the bidder shall furnish a statement showing last three (3) years annual turnover, duly signed & attested by their statutory auditor. For the sake of clarity, it is specified that for the purpose of turnover, the bidder’s turn over would only be considered. Turnover shall not include the turnover of Parent, Associates or other Affiliates of the bidder.
6.2Notwithstanding 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.
7.0NTPC 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.
DETAILED INVITATION FOR BIDS
8.0A complete set of Bidding Documents may be downloaded by any interested Bidder on payment
9.0Prospective bidders from U.P. State are compulsorily required to provide TIN number at the time of purchase of bidding documents from office of NTPC.
10.0Issuance of Bidding Documents to any Bidder shall not construe that such bidder is considered to be qualified. Bids shall be submitted online and opened at the address given below in the presence of Bidder’s representatives who choose to attend the bid opening. Bidder shall furnish Bid Security, Power of Attorney (as applicable) in physical form as detailed in Bidding Documents before the stipulated bid submission closing date and time at the address given below.
The bidding documents can also be downloaded from the website www.ntpc.co.in or www.ntpctender.com.
11.0 Transfer of Bidding Documents purchased by one intending Bidder to another is not permissible.
12.0 ADDRESS FOR COMMUNICATION:
Addl. General Manager (C&M),
Consultancy Wing, NTPC Ltd, Room No. 205,
Engineering Office Complex Annexe,
Sector - 24, Noida, Dist. Gautam Budh Nagar, (UP),
India, Pin - 201301
Telephone No. |
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Fax |
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or at |
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davindersingh01@ntpc.co.in. |