DETAILED INVITATION FOR BID
Darlipali Super Thermal Power Project,
Stage-I (2X800MW)
Bidding Document No. : CS-9549-364B-9
Additional Township Package
SECTION-I (DETAILED IFB)
PAGE
4 OF 6
b) Cumulative built-up area of all buildings of five (5) storeys or more in
single or multiple reference works is atleast 6000 Sqm.
4) Reference work means work executed in single premises, i.e. a building
complex with constructions in contiguous land parcels at particular location
in one or more contracts.
a) The reference works executed by the bidder’s group company /
subsidiary company shall not be considered for meeting the qualifying
requirements by the bidder.
b) Reference work executed by a Bidder as a sub-contractor may also be
considered provided the certificate issued by main contractor is duly
certified by Project Authority specifying the Scope of Work executed by
the sub-contractor in support of qualifying requirements.
c) Reference work executed by the Bidder, as a member of Joint Venture/
Consortium/ Associate can also be considered provided:
The allocation of scope of work between the partners of the Joint
Venture/ Consortium/ Associate is clearly defined in the executed JV
Agreement and Bidder’s scope of work and break-up of quantities
executed by them as individual contribution in the Joint Venture/
Consortium/ Associate, duly authenticated by the Project Authority, meet
the relevant provision of Qualifying Requirement.
7.2.0 Financial Criteria for Qualification:
7.2.1 The average annual turnover of the Bidder, in the preceding three (3) financial years
as on the date of Techno-Commercial bid opening, should not be less than INR 69.03
Crores (Indian Rupees Sixty Nine Crores Three Lakhs only).
In case a Bidder does not satisfy the average annual turnover criteria, stipulated
above on its own, its Holding Company would be required to meet the stipulated
turnover requirement as above, provided that the Net Worth of such Holding Company
as on the last day of the preceding financial year is at least equal to or more than the
paid-up share capital of the Holding Company. In such an event, the Bidder would be
required to furnish along with its Techno-Commercial bid, a Letter of Undertaking from
the Holding Company, supported by the Holding Company's Board Resolution, as per
the format enclosed in the bid documents, pledging unconditional and irrevocable
financial support for the execution of the Contract by the Bidder in case of award.
7.2.2 Net worth should not be less than 100% (hundred percent) 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% (hundred percent) of their total paid up share capital.
However, individually, their Net worth should not be less than 75% (seventy five
percent) of their respective paid up share capitals.
Net worth in combined manner shall be calculated as follows: