ANY BID NOT ACCOMPANIED BY AN ACCEPTABLE EMD/BID SECURITY IN A
SEPARATE SEALED ENVELOPE SHALL BE REJECTED BY THE EMPLOYER AS BEING
NON-RESPONSIVE AND RETURNED TO THE BIDDERS WITHOUT BEING OPENED.
4.0 QUALIFYING REQUIREMENT FOR BIDDERS
1. The bidder should be a manufacturer of Round Bars of EN-8/SS-304
Or
An authorized supplier / dealer of the manufacturer.
2. The Bidder or its principal should have successfully executed purchase orders for
supply of Round Bars of EN-8/SS-304 with either of the following criteria during last 7 years
as on the date of the BID opening:
i) Three executed orders each costing not less than INR 7.43 lacs.
OR
ii) Two executed orders each costing not less than INR 9.29 lacs.
OR
iii) One executed order costing not less than INR 14.86 lacs.
3. The average annual financial turnover of the bidder during last three (3) financial years
ending on 31
st
March 2017/2018 should not be less than INR 18.58 Lacs.
Notes:
A. The word executed means that the bidder should have achieved the progress specified
in the QR even if the total contract is not completed / closed.
B. Other income shall not be considered for arriving at annual turnover.
C. In cases where audited results for the last preceding 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 years shall be considered for evaluating the financial parameters.
4.1 Notwithstanding anything stated above, the Employer reserves the right to assess the
capabilities and capacity of the Bidder / his collaborators / associates / subsidiaries / group
companies to perform the contract, should the circumstances warrant such assessment in the
overall interest of the Employer.
5.0 NTPC reserves the right to reject any or all bids or cancel/withdraw the NIT without
assigning any reason whatsoever and in such case no bidder/intending bidder shall have any
claim arising out of such action.
6.0 A complete set of Bidding Documents may be purchased/downloaded by any interested