NTPC Limited
(A Government of India Enterprise)
Detailed IFB /NIT No.40082302 Page 3 of 6
7 QUALIFYING REQUIREMENT FOR BIDDERS
The Bidder who wishes to participate in the bidding shall satisfactorily establish that it fulfills the
Qualifying Requirements stipulated hereunder:-
i)
Technical:
The bidder should be a -
a) m anufacturer of epoxy, poly-urethane paints for industrial applications and should have done
paint application either by themselves or through their authorized applicator and should provide in
the bid an assurance that a Bank Guarantee towards contract performance guarantee for the faithful
performance of the entire contract of supply and application as stipulated in the conditions of the
tender shall be furnished by themselves.
OR
b) P aint Applicator with authorization from a manufacturer of epoxy, poly-
industrial applications and should provide in the bid an assurance that a Bank Guarantee towards
contract performance guarantee for the faithful performance of the entire contract of supply and
application as stipulated in the conditions of the tender shall be furnished by themselves.
ii) Financial:
a) The bidder should have successfully executed similar works during the last SEVEN years
reckoned from the date of bid opening, as any of the following:
Single Contract of value not less than ` 83.28 Lakhs
OR .
Two Contracts of value not less than ` 52.05 Lakhs each
OR .
Three Contracts of value not less than ` 41.64 Lakhs each
‘Similar work’ means execution of epoxy/ poly-urethane painting works including supply and
application for industrial applications and executing painting job on steel structures/ piping/
storage tanks etc. either by themselves or through their authorized applicators.
b) The average annual turnover of the bidder in the preceding three financial years as on the date
of bid opening shall not be less than ` 52.05 Lakhs
NOTE:
The relevant documents such as Letter of Award, proof of execution of work, authorization
from Paint Manufacturer – if applicable etc., shall be submitted along with bid. All claims need
to be supported by documentary evidence and necessary contact details including names and
telephone numbers & email id of customers.
LAST THREE FINANCIAL YEARS – FY 2016-17, FY 2015-16 & FY 2014-15
i) Notwithstanding anything stated above, the Employer reserves the right to verify any
information/ document furnished inspect the works carried out by the bidder and also to carry
out assessment of the capabilities and capacity of the Bidder to perform the contract, should
the circumstances warrant such assessment in the overall interest of the Employer.
ii) Other income shall not be considered for arriving at annual turnover. In case where audited
results for the last preceding financial year are not
available, certification of financial
statements from a pr acticing Chartered Accountant shall also be considered acceptable. In
case bidder is not able to submit the certificate from practicing Charted 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 Financial Results of the company are under audit as on d ate of
Techno-commercial bid opening and the certificate from the practicing Chartered Accountant
certifying the financial parameters is not available.