NIT 4OF5
Generatorandone(1)no.ofBoilerFeedPump.
7.2.1(d):
TheAPRmodelsreferredat7.2.1(c)aboveshouldhavebeendevelopedbytheAssociateoftheBidder.
7.2.1(e):
ThebidderisanIndiancompanywhoisasubsidiaryoftheAssociateorSubsidiaryoftheHoldingcompanyoftheAssociate.
7.2.1(f):
BidderfurnishesaDeedofJointUndertakingjointlyexecutedbyitanditsAssociateasperformatenclosedinthebiddingdocumentinwhich
thebidderanditsAssociatearejointlyandseverallyliabletotheEmployerforsuccessfulperformanceofthesystem.
ThisDeedofJointUndertakingshouldbesubmittedalongwiththetechno‐commercialbid,failingwhichthebiddershallbedisqualifiedandits
bidshallberejected.
Incaseofaward,theAssociatewillberequiredtofurnishanondemandBankGuaranteefor5%(fivepercent)ofthetotalcontractpricein
additiontotheContractPerformanceSecuritytobefurnishedbythebidder.
Note7.2.1:
1) SingleinstallationmeansanonPremisesystemwherecomponentslikeservers,workstationsarenetworkedtogetherverifiedbynetwork
topologydiagram.Thefleetbeingcateredbytheinstallationcanbefrommultipleorganizations.
2) TheOfferedsoftwarecanbenewerversionsofthesameproductorupgradesoraproductwhosenamehasbeenchangedafterversion/
productupgradeofsoftwarementionedat7.2.1(a)and(b)
3) ThebiddershallfurnishanIndemnitybondaspertheformatinthebiddingdocumentthroughwhichthebiddershallbeliableforanylegal
disputesarisingoutofuseofallsoftwareoffered.
4) Thebiddershallalsoconfirm,aspertheformatofthesaidIndemnityBondthatthattheassociateoftheBidderhastherighttouse/sell/
developtheSoftwareforPredictivemodellingmoduleoftheRealTimePredictiveAnalytic&DiagnosticsAdvisorySystembeingoffered.
5) #HoldingCompany#and#SubsidiaryCompany#shallhavethemeaningascribedtothemasperCompaniesActofIndia.
7.2.2 FinancialCriteria:
(a) TheaverageannualturnoveroftheAssociate,intheprecedingthree(3)financialyearsasonthedateofTechno‐Commercialbidopening,
shouldnotbelessthanINR349Million(IndianRupeesThreeHundredFortyNineMillionOnly)
In case the Associate does not satisfy the average annual turnover criteria, stipulated above on its own, its Holding Company would be
requiredtomeetthestipulatedturnoverrequirementsasabove,providedthatthenetworthofsuchHoldingCompanyasonthelastdayof
theprecedingfinancialyearisatleastequaltoormorethanthepaid‐upsharecapitaloftheHoldingCompany.Insuchanevent,theAssociate
would berequired tofurnishalong withbiddersTechno‐Commercial bid, a Letterof Undertakingfromits Holding Company,supportedby
BoardResolutionoftheHoldingCompany,aspertheformatenclosedinthebiddocuments,pledgingunconditionalandirrevocablefinancial
supporttotheAssociatetohonourthetermsandconditionsoftheDeedofJointUndertakingincaseofawardoftheContracttotheBidder
withwhomAssociateisassociated.
(b) TheNetWorthoftheAssociate,asonthelastdayofthepreceding financial year (reckoned on the date of techno‐commercial bid
opening)shouldnotbelessthan100%ofitspaid‐upsharecapital.IncasetheAssociatemeetstherequirementofNetworthbasedonthe
strengthofitsSubsidiary(ies)and/orHoldingCompanyand/orSubsidiariesofitsHoldingcompanywhereverapplicable,theNetworthofthe
Associateanditssubsidiary(ies)and/orHoldingCompanyand/orsubsidiary(ies)oftheHoldingCompany,incombinedmannershouldnotbe
lessthan100%oftheirtotalpaid‐upsharecapital.Howeverindividually,theirNetworthshouldnotbelessthan75%oftheirrespectivepaid‐
upsharecapitals.
Networthincombinedmannershallbecalculatedasfollows:
Networth(combined)=(X1+X2+X3)/(Y1+Y2+Y3)X100
Where X1, X2, X3areindividual Networthwhichshouldnot be lessthan75%oftherespectivepaidupsharecapitalsandY1,Y2, Y3 are
individualpaidupsharecapitals.
(c) IncasetheAssociateisnotabletofurnishitsauditedfinancial statements on standalone entity basis, the unaudited unconsolidated
financial statements of the Associate can be considered acceptable provided the Associate further furnishes the following documents for
substantiationofitsqualification:
(i) Copies of the unaudited unconsolidated financial statements of the Associate along with copies of the audited consolidated financial
statementsoftheHoldingCompanyofCollaborator/Associate.
(ii) ACertificatefromtheCEO/CFOoftheHoldingCompany,aspertheformatenclosedinthebiddingdocuments,statingthattheunaudited
unconsolidatedfinancialstatementsformpartoftheconsolidatedannualfinancialstatementsoftheHoldingCompanyofAssociate.
Incasewhereauditedresultsforthelastfinancialyearasonthedateoftechnocommercialbidopeningarenotavailable,thefinancialresults
certifiedbyapracticingCharteredAccountant shallbeconsideredacceptable.Incase,Associateisnotabletosubmitthecertificatefroma
practicingCharteredAccountantcertifyingitsfinancialparameters,theauditedresultsforthethreeconsecutivefinancialyearsprecedingthe
lastfinancialyearshallbeconsideredforevaluatingthefinancialparameters.Further,aCertificatewouldberequiredfromtheCEO/CFOofthe
Collaborator/AssociateaspertheformatenclosedinthebiddingdocumentsstatingthattheFinancialresultsoftheCompanyareunderaudit
as on the date of Techno‐commercial bid opening and the Certificate from the practicing Chartered Accountant certifying the financial