DETAILED INVITATION FOR BID
KHARGONE SUPER THERMAL POWER PROJECT
(2X660 MW)
BIDDING DOCUMENT NO.: CS-9578-331(R1)-9
BALANCE WORK OF ASH DYKE PACKAGE
i) Reference works executed by the Bidder, as a member of Joint Venture /
Consortium/ Associate can also be considered provided:
The allocation of scope of work between the partners of the Joint Venture /
Consortium/ Associate is clearly defined in the executed Joint Venture agreement/
Consortium Agreement/ Deed of Joint Undertaking and Bidder’s scope of work and
break-up of quantities executed by them as individual contribution in the Joint
Venture / Consortium/ Associate, duly authenticated by the Project Authority, meet
the relevant provisions of qualifying requirement.
In case the reference work has been executed by the Bidder in an integrated Joint
Venture wherein allocation of scope of work and break-up of quantities between
the partners is not clearly specified in the integrated Joint Venture Agreement, then
for Clause 1.1.2 above, the credit of executed quantities can be claimed by the
bidder in the ratio of bidder’s share in the integrated Joint Venture Agreement,
provided the bidder establishes that it regularly undertakes works as at Clause
1.1.2 above. The executed works/ quantities by integrated Joint Venture shall be
duly authenticated by the Project Authority. However, the bidder will not be eligible
to claim the credit of executed work by integrated Joint Venture for Clause 1.1.1
above, unless the bidder has individually executed the work meeting the
requirement of Clause 1.1.1 above and which has been duly authenticated by the
Project Authority.
j) Reference work executed by a Bidder as a sub-contractor may also be considered
provided the certificate issued by main contractor is duly certified by Project
Authority specifying the scope of work executed by the sub-contractor in support of
qualifying requirements.
2.0.0 Financial criteria:
(a) The average annual turnover of the Bidder, should not be less than Rs. 664 Millions
(Indian Rupees six hundred sixty Four Millions only) during the preceding three (3)
completed financial years as on date of Techno-Commercial bid opening.
In case a Bidder does not satisfy the annual turnover criteria, stipulated 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 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 the Holding Company, supported by
the Holding Company’s Board Resolution, as per the format enclosed in the bid documents,
pledging unconditional and irrevocable financial support for the execution of the Contract by
the Bidder in case of award.
(b) Net worth of the Bidder as on the last day of the preceding financial year (reckoned on the
date of techno-commercial bid opening) should not be less than 100% of the Bidder’s paid
up share capital. In case the Bidder does not satisfy the Net worth criteria on its own, it can
meet the requirement of Net worth based on the strength of its Subsidiary(ies) and/or
Holding Company and/or Subsidiary(ies) of its Holding Companies wherever applicable,
the net worth of the Bidder and its Subsidiary(ies) and or Holding Company and/or