- SIMHADRI STPS (4 X 500 MW)
Tender No: ...................
2
INVITATION FOR BIDS (IFB)
A. NTPC Limited, Simhadri Super Thermal Power Station, Visakhapatnam- 531020 invites bids from eligible bidders
for the following Package:
“PAINTING WORKS OF EQUIPMENTS, PIPING AND STRUCTURES IN BOILER AND TURBINE AREA AT
NTPC SIMHADRI.”
B. QUALIFYING REQUIREMENTS
1.0 Technical Criteria
1.1 The bidder should have executed at least one (01) paint application contract for industrial metallic
structures at height of at least 50 Meters during the last seven (07) years, as on date of technical bid
opening.
1.2 Bidder should have executed similar works, with Contract values as detailed below, during the last seven
(07) years as on date of technical bid opening:
Single order of value not less than Rs. 85.34 Lakhs.
OR
Two orders of value not less than Rs.53.34 Lakhs each.
OR
Three orders of value not less than Rs.42.67 Lakhs each.
2.0 Financial Criteria:
2.1 The average annual turnover of the Bidder, in the preceding three (03) Financial Years as on the date of
technical bid opening shall not be less than ₹ 106.67 Lakhs/- (Rupees One Hundred and Six Lakhs
Sixty Seven Thousand only).
3.0 Note:
a) In case where audited results for the last financial year as on the date of Technical 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/Proprietor/Partner that the financial results of the Company are
under audit as on the date of Technical bid opening and the certificate from practicing Chartered
Accountant certifying the financial parameters is not available.
b) For the purpose of arriving at the executed value of work specified at 1.2 above, basic amount only
shall be considered. In case of a contract inclusive of Taxes, agency has to provide the break-up of
basic and Tax.
c) Other income shall not be considered for arriving at annual turnover.
d) The value of the work completed in the preceding seven (07) years reckoned as on date of technical
bid opening, even
if it has been started earlier, will also be considered for establishing the qualifying
requirements.