NTPC Limited
(A Government of India Enterprise)
EOC Noida Office
NOTICE INVITING TENDER (NIT)
FOR
Supply and Implementation of Governance, Risk and Compliance (GRC) Solution in NTPC
(Domestic Competitive Bidding)
NIT No: 40064923 |
Date:04.11.2016 |
1.0NTPC invites
2.0Brief Details
NIT No. |
40064923 |
NIT Date |
04.11.2016 |
Document Sale Commencement Date & Time |
04.11.2016 11:16:12 |
Document Sale Close Date & Time |
25.11.2016 17:30:00 |
Source of IFB/NIT |
EOC Noida Office |
Contract Classification |
Admn. Works & Purchase |
Last Date and Time for Bid submission |
08.12.2016 14:30:00 |
Technical Opening Date & Time |
08.12.2016 15:00:00 |
Bid Opening Date & Time |
15.01.2017 15:00:00 |
Cost of Bidding Documents in INR |
2,250.00 |
EMD in INR |
2300000.00 |
|
|
Last Query Date (if any) |
28.11.2016 |
3.0Bid Security and Integrity Pact (if applicable) shall be submitted in a sealed envelope separately offline/online 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
4.0A complete set of Bidding Documents may be downloaded by any interested Bidder on payment
5.0Brief Scope of Work & other specific detail
·The scope has to cover all NTPC Locations/Business Divisions and Company Codes.
·Move from the point solutions of using Spread Sheets and similar adhoc tools for compliance and assurance management to a more centralized and unified framework that is integrated with the current enterprise applications.
·Automate Compliant User Access Management to ensure effective enforcement of Segregation of Duties on a real time basis.
·Enable periodic access reviews and evaluate the same in the context of the business processes impacted.
·Deploy a framework for Continuous Internal Controls Monitoring for Financial and Operational Controls to cover automated,
·Serve as a Multi Compliance framework to include regulatory compliances.
·Automate the processes of Risk Management and Assurance aspects of NTPC to help minimize human errors and improve accuracy and efficiency.
·The solution proposed should be scalable to future requirements of NTPC from an enterprise perspective.
6.0 Prospective bidders from U.P. State are compulsorily required to provide TIN number at the time of purchase of bidding documents.
7.0Qualifying Requirements for Bidders:
7.1The bidder should have executed any one of the following where the work executed includes implementation of ERP software and/or implementation of Governance, Risk and Compliance (GRC) Solution or part thereof (i.e. Access Control and/or Process Control and/or Risk and Compliance Management), in preceding seven years as on the date of opening of
One work of value not less than Rs. 920 lakh (Rupees Nine hundred and twenty lakh only).
OR
Two works of value not less than Rs. 575 lakh (Rupees Five hundred and seventy five lakh only) each.
OR
Three works of value not less than Rs. 460 lakh (Rupees Four hundred and sixty lakh only) each. Note for 7.1 above:
(i)The work #executed# mentioned above means the bidder should have achieved the criteria specified above even if the total contract is started earlier and/or is not completed / closed. However, the work executed must include implementation of ERP software and/or implementation of Governance, Risk and Compliance (GRC) Solution or part thereof (i.e. Access Control and/or Process Control and/or Risk and Compliance Management).
(ii)In case of orders under execution, the value of work executed till the date of opening of
(iii) For order in foreign currency, the exchange rate as on the date of
7.2 The bidder should have executed in India at least three Implementations of Governance, Risk and Compliance (GRC) Solution or part thereof (i.e. Access Control and/or Process Control and/or Risk and Compliance Management) in SAP environment in the preceding seven years as on the date of opening of
7.3 Financial Criteria:
7.3.1The average annual turnover of the Bidder, in the preceding three (3) financial years as on the date of opening of
7.3.2The 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 Company wherever applicable, the Net Worth of the Bidder and its Subsidiary (ies) and/or Holding Company and/or Subsidiary (ies) of the Holding Company y, 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.
7.3.3In case the Bidder is not able to furnish its audited financial statements on standalone entity basis, the
(a) Copies of the
(b) Certificate from the CEO/CFO of the Holding Company, as per the format enclosed in the bidding documents, stating that the
In case where audited results for the last preceding financial year are not available, certification of financial statements from a practicing Chartered Accountant shall also 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
7.3.4In case a Bidder does not satisfy the financial criteria, stipulated at Clause 3.1 above on its own, its Holding Company would be required to meet the stipulated turnover requirements at Clause 3.1 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 should 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 7.3
(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 reserves means all reserves credited out of the profits and share premium account but do 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
(iv) For annual turnover indicated in foreign currency, the exchange rate as on 7 days prior to the date of techno- commercial bid shall be used.
8.0Issuance of Bidding Documents to any bidder shall not construe that bidder is considered qualified.
9.0NTPC 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 Additional General Manager (CM) NTPC LTD., 6TH FLOOR, EOC, Plot no.
NOIDA (UP),
OR
Sr. Manager (CM)
NTPC LTD., 7th FLOOR, EOC, Plot no.
Websites: https://etender.ntpclakshya.co.in/sap/bc/gui/sap/its/bbpstart or www.ntpctender.com or www.ntpc.co.in