NTPC Limited

(A Government of India Enterprise)

EOC Noida Office

NOTICE INVITING TENDER (NIT)

FOR

Charter Hire of Workover Rig Services Package for CB-ONN-2009/5 Cambay Basin Oil/ Gas Exploration Block at Ahmedabad & Mehsana districts of Gujarat

(Domestic Competitive Bidding)

NIT No: 40042370

Date:20.07.2015

Bidding Document No: CS-8001-722N-9

 

1.0NTPC invites on-line bids from eligible Bidders for aforesaid package, as per the scope of work briefly mentioned hereinafter:

2.0Brief Details

NIT No.

40042370

NIT Date

20.07.2015

Document Sale Commencement Date & Time

20.07.2015 12:38:38

Document Sale Close Date & Time

07.08.2015 17:30:00

Source of IFB/NIT

EOC Noida Office

Contract Classification

Services

Last Date and Time for Bid submission

27.08.2015 14:30:00

Technical Opening Date & Time

27.08.2015 15:00:00

Bid Opening Date & Time

15.09.2015 15:00:00

Cost of Bidding Documents in INR

2,250.00

EMD in INR

683000.00

Pre-Bid Conference Date & Time (if any)

 

Last Query Date (if any)

17.08.2015

3.0 Bid Security and Integrity Pact (if applicable) shall be submitted in a sealed envelope separately offline by the stipulated bid submission closing date and time at the address given below. Any bid without an acceptable Bid Security and Integrity Pact (if applicable) shall be treated as non-responsive by the employer and shall not be opened.

4.0 A complete set of Bidding Documents may be downloaded by any interested Bidder on payment (non-refundable) of the cost of the documents as mentioned above in the form of a crossed account Payee demand draft in favour of NTPC Ltd., Payable at New Delhi or directly through the payment gateway at our SRM Site (https://etender.ntpclakshya.co.in/sap/bc/gui/sap/its/bbpstart). For logging on to the SRM Site, the bidder would require vendor code and SRM user id and password which can be obtained by submitting a questionnaire available at our SRM site as well as at NTPC tender site (www.ntpctender.com). First time users not allotted any vendor code are required to approach NTPC at least three working days prior to Document Sale Close date alongwith duly filled in questionnare for issue of vendor code and SRM user id/password.

5.0 Brief Scope of Work & other specific detail Brief Scope of Work

NTPC plans to carry out testing / completion / plug and abandonment jobs of upto seven exploratory wells by hiring of work-over rig services of hook-load capacity not less than 50 MT along-with requisite allied equipment. The rig should be capable for undertaking work over operations in Oil /gas wells etc. upto a depth of 2500 mtrs. using drill pipes / tubings of 2-7/8# & 3 ½# in 5-1/2# & 9-5/8# casings.

6.0 Prospective bidders from U.P. State are compulsorily required to provide TIN number at the time of purchase of bidding documents.

7.0 Qualifying Requirements for Bidders:

QUALIFYING REQUIREMENT

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

1.0Technical Criteria:

1.1Bidder should have provided Workover / Drilling Rig Services for at least six (6) On-land Oil/Gas Wells with 50 Ton or higher capacity Workover / Drilling Rig, in one or multiple projects, during the preceding seven (7) years reckoned as on the Techno-Commercial bid opening date.

Note for clause 1.1

(i) Workover / Drilling Rig Services means that bidder should have provided Workover / Drilling Rig along with associated Crew for Testing / Completion / Plug & Abandonment in On-land Oil/Gas wells.

2.0Financial Criteria:

2.1Financial 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 34 Million (Indian Rupees Thirty Four Million only) or in equivalent foreign currency.

b)The Net Worth of the bidder should not be less than 100% of the Bidder#s paid up share capital as on the last day of the preceding financial year. 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 companies wherever applicable, the Net worth of the Bidder and its Subsidiary(ies) and/or Holding Company and/or Subsidiary(ies) of the Holding Company, 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.

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 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 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.

d) In case a Bidder does not satisfy the financial criteria, stipulated at Cl.2.1(a) above on its own, its Holding Company would be required to meet the stipulated turnover requirements at Cl.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.

Notes for clause 2.1

(i) #Holding Company# and #Subsidiary# shall have the meaning ascribed to them as per Companies Act, 2013, in vogue.

(ii)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.

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

8.0Issuance of Bidding Documents to any bidder shall not construe that bidder is considered qualified.

9.0 NTPC reserves the right to reject any or all bids or cancel/withdraw the NIT for the subject package without assigning any reason whatsoever and in such case no bidder/intending bidder shall have any claim arising out of such action.

10.0Address for Communication

AGM (Contract Services-II) / Manager (Contract Services-II)

NTPC Limited,

Sixth Floor, Engineering Office Complex,

Plot A-8A, Sector-24, NOIDA,

Distt.-Gautam Budh Nagar, Uttar Pradesh,

PIN-201301, India

Fax No: +91-120-2410359/ 2410011

Tele. No. +91-120-4946639/ 4946663

e-mail: gurpreetkaur@ntpc.co.in / jsbhal@ntpc.co.in

Websites: https://etender.ntpclakshya.co.in/sap/bc/gui/sap/its/bbpstart or www.ntpctender.com or www.ntpc.co.in