NTPC LIMITED
(A GOVERNMENT OF INDIA ENTERPRISE) (CORPORATE CONTRACTS, NOIDA)
INVITATION FOR BIDS (IFB)
FOR
SITE RESTORATION SERVICES OF DRILL SITES
OF EXPLORATORY WELLS IN OIL/ GAS
EXPLORATION BLOCK
(Domestic Competitive Bidding)
IFB No.: 40052106 |
Date: 10.02.2016 |
Bid Document No:
1.0NTPC Ltd. invites online bids on Single Stage Two Envelope Bidding Basis (i.e.
Restoration Services of Drill Sites of Exploratory wells in Oil/ Gas Exploration Block
2.0BRIEF SCOPE OF WORK
NTPC intends to engage a contractor who shall be responsible for restoration of upto seven
(7)nos. of drill sites in the block
handover the land to respective land owners with duly signed and notarized Lease Termination Agreements. The broad scope of work under this contract shall include the contractor to provide for all the required survey, materials, plant/equipment, labour, supervision related to restoration of Drill sites.
3.0NTPC intends to finance the subject package through Own Resources.
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 as per the following schedule:
Bidding Document No. |
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Issuance of IFB |
10.02.2016 |
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Sale of Bid Documents |
From 10.02.2016 to 29.02.2016 |
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(up to 1730 Hrs. IST) |
Last date for receipt of queries from bidders (if any) |
10.03.2016 |
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Last date & time for receipt of |
Upto 21.03.2016 by 1430 HRS(IST) |
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21.03.2016 at 1500 HRS (IST) |
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Time |
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Cost of Bidding Document |
INR 2250/- (Indian Rupees Two |
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Thousand Two Hundred Fifty only) per |
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set |
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Date for opening of Price Bid
4.1Prospective bidders from U.P State are compulsorily required to provide TIN number at the time of purchase of bidding documents from office of NTPC.
5.0All bids must be accompanied by Bid Security for an amount of INR 7,25,000/- (Indian Rupees Seven Lakhs Twenty Five Thousand only) in the form as stipulated in the Bidding Documents.
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 BIDDER WITHOUT BEING OPENED.
6.0Qualifying Requirements for Bidders:
In addition to the requirements stipulated in Section ITB (Instructions to bidder) the following shall also apply:
1.0Technical Criteria:
1.1Bidder should have completed Drill Site Restoration work for at least 6 (six) Oil / Gas wells, within the preceding 7 (Seven) years reckoned as on the date of
1.2Bidder should have completed Drill Site Restoration work for Oil / Gas wells within the preceding 7 (seven) years reckoned as on the date of
a) At least one contract value not less than Rs. 289 lakhs Or
b) At least two contracts each of value not less than Rs 181 lakhs Or
c) At least three contracts each of value not less than Rs 144 lakhs
Note for clause 1.0
a)The word ‘Completed’ means the bidder should have achieved the criteria specified in the above qualification requirements within the preceding 7 (seven) year period from the date of
b)The word ‘Drill Site Restoration’ means the bidder should have carried out the works of dismantling / demolition of the structures, foundations (PCC / RCC) of Oil / Gas well drilling sites and carried out the removal of debris.
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
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In case a Bidder does not satisfy the financial criteria, stipulated as above on its own, its Holding Company would be required to meet the stipulated turnover requirements as 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
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.
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.
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. 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.
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Notes for clause 2.1
(i)“Holding Company” and “Subsidiary” shall have the meaning ascribed to them as per Companies Act of India.
(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.
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.
8.0A complete set of Bidding Documents may be downloaded by any interested Bidder on payment
Note: No hard copy of Bidding Documents shall be issued.
8.1Issuance of Bid 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 and Power of Attorney separately offline as detailed in Bidding Documents before the stipulated bid submission closing date and time at the address given below.
9.0 Transfer of Bidding Documents purchased by one intending Bidder to another is not permissible.
10.0Address for communication:
AGM
Sixth Floor, Engineering Office Complex,
Distt. Gautam Budh Nagar, (UP), INDIA Pin - 201301
Fax No.:
Websites: https://etender.ntpclakshya.co.in or www.ntpctender.com or www.ntpc.co.in CIN: L40101DL1975GOI007966
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