INVITATION FOR BID
KOLDAM HEPP (4X200 MW)
BIDDING DOCUMENT NO.: 1056/HRHQ/C&M/KC-55
JOB CONTRACT FOR MAINTENANCE OF C&I
SYSTEMS FOR TWO YEARS AT NTPC KOLDAM
SECTION-I (IFB)
PAGE
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paid-up share capital of the holding company. In such an event, bidder would be
required to furnish along with its bid, a letter of Undertaking from its holding company,
supported by Board resolution of the Holding company, as per the format enclosed in
the bidding documents, pledging unconditional and irrevocable financial support for
the execution of the Contract by the bidder in case of award.
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 the 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 certificates from the practicing
Chartered Accountant certifying the financial parameters are not available.
5. In case the bidder is not able to furnish it’s audited financial statements on standalone
entity basis, the un-audited unconsolidated financial statements of the bidder can be
considered acceptable provided the bidder further furnishes the following documents
for substantiation of its qualification.
a. Copies of the un-audited unconsolidated financial statements of the bidder
along with copies of the audited consolidated financial statements of the
holding company.
b. A certificate from the CEO/ CFO of the Holding Company, as per the format
enclosed in the bidding documents, stating that the un-audited unconsolidated
financial statements from part of the Consolidated Financial Statements of the
Holding Company.
6. The bidder should have a separate valid PF Registration with Regional Provident
Fund Commissioner, GST registration number and PAN Number.
Notes:
1. Other income shall not be considered for arriving at annual turnover.
2. Holding company and Subsidiary Company shall have the meaning ascribed to them
as per Companies Act of India.
3. Net worth means the sum total of the paid up share capital and free reserves. Free
reserves means all reserves credited out of the profit and share premium account but
does not include reserves credited out of the revaluation of assets, write back of
depreciation provisions and amalgamation. Further, any debit balance of profit and
loss account and miscellaneous expenses to the extent not adjusted or written off, if
any, shall be reduced from Reserves and Surplus.
C. 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.