Long Term Maintenance Contract for EMD and C&I for NTPC
GADARWARA STPP (2X800MW) [Bidding Doc. No: 9900149807]
IFB
Section-I
as on the date of techno commercial bid opening, the value of work executed till such date
will be considered provided the same is certified by the employer.
2.Repeat contract means even if original contract was awarded for smaller duration ,if the
same contract period is extended ,the total duration shall include extended duration in
addition to original contract duration for the purpose of evaluation.
5.2 Financial Criteria
5.2.1 The average annual turnover of the Bidder, in the preceding three (3) financial years
as on the date of Techno-commercial bid opening, shall not be less than Rs. 425 Lakhs
(Rupees Four Hundred Twenty Five Lakhs only).
5.2.2 Net worth of bidder shall 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. For Consortiums/Joint Ventures, wherever applicable, the Net worth of all
consortium/ Joint Venture members in combined manner should not be less than 100% of
their 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)x100 where x1, x2, x3 are individual net worth
which shall not be less than 75% of the respective paid up share capitals and y1, y2, y3 are
individual paid up share capitals.
5.2.3 In case the bidder is not able to furnish its audited financial statements on standalone
entity basis, the unaudited unconsolidated financial statements of the bidder can be
considered acceptable provided the bidder furnishes the following further documents on
substantiation of its qualification.
• Copies of the unaudited unconsolidated financial statements of the bidder along with
copies of the audited consolidated financial statements of the Holding Company.
• A certificate from the CEO/CFO of the Holding Company as per the format enclosed
in the bid documents stating that the unaudited unconsolidated financial statements form
part of the consolidated annual report of the company.
5.2.4 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