Sub : QR for “Chain link fencing around 300 no’s DUs at R&R Colony, NTPC Dulanga Coal Mining Project”vide
Tender ID 2018_NTPC_10142_1
2.0
FINANCIAL CRITERIA
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.146.68 Lakhs (Rupees One
hundred Forty Six Lakhs and Sixty eight thousand only).
2.2 The Net Worth of the bidder as on the last day of preceding financial year shall not be less than
100 % of its paid up share capital.
In case the bidder meets the requirement of Net worth at Para 2.2, 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
Subsidiaries of its Holding companies, 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 capital.
For consortiums/ Joint ventures, wherever applicable, the Net worth of all consortiums/ 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.
2
.3 In case the bidder is not able to furnish its audited financial statement 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.
a) Copies of unaudited unconsolidated financial statement of the bidder along with copies of
audited consolidated financial statements of the Holding Company.
b) A certificate from the CEO/CFO of the Holding Company, as per format enclosed in the bid
documents, stating that the unaudited unconsolidated financial statements form part of the
consolidated Annual Report of the Company.
In case where audited results for the last financial year as on 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 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 the financial parameters is not available.
2.4 In case a bidder does not satisfy the financial criteria, stipulated at para 2.1 and/or para 2..2 above
on its own, the Holding Company would be required to meet the stipulated turnover requirements