02. Average annual financial turnover of the bidder during preceding three (03) financial years prior to date
of techno-commercial bid opening shall not be less than Rs. 62.85 lakhs.
Note:
(a) The word “executed” mentioned in clause 01 means that the bidder should have
achieved the criteria specified in clause 01 with ANY of the following conditions:
Case-I: The work/order is started earlier (prior to the period stipulated in Clause-01)
but completed within the stipulated period as mentioned in clause 01. In such cases,
entire executed value of the relevant work vide that work order shall be considered for
evaluation.
Case-II: The work/order is started and completed within the stipulated period as
mentioned in clause 01.
Case-III: The work/order is started within the stipulated period as mentioned in clause
01 but not completed as on the last date of stipulated period. In such cases, “In
Progress” executed value of the relevant work vide that work order as on the last date
of stipulated period, shall be considered for evaluation.
Remarks: (i) Any of the above cases shall be supported by documentary evidence issued
by the owner.
(ii) In case of composite work/BOQ, the bidder shall have to furnish Certificate
from owner certifying the value of specific nature of work, as mentioned in
Clause-01.
.
(b) Other income shall not be considered for arriving at annual turnover.
(c) In cases where audited results for the last financial year as on the date of the
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
financial results of the Company are under audit as on the date of Techno-
Commercial bid opening and the Certificate from the practicing Chartered
Accountant certifying that financial parameters is not available.
4.0 Brief Description of items: - ARC for Misc Steel Fabrication/Erection work in Boiler, TG, Off Site,
Ash Handling area of plant O&M, ST-I & II (C-52700)
5.0 Participation in the tender does not automatically mean that the bidders are considered qualified.
NTPC shall evaluate the qualifying requirement of each bidder as per NIT after opening of
technical bid and the bids of the bidder who is not meeting the qualifying requirement shall not be
considered.
6.0 NTPC reserves the right to reject any or all bids or cancel/withdraw the invitation for bids/IFB
without assigning any reason whatsoever and in such case no bidder/intending bidder shall have
claim arising out of such action.
7.0 NTPC will not be responsible for any loss/late receipt/non-receipt of applications for tender
documents/bids due to any postal delay or delay, in any form, in transit.