DETAILED INVITATION FOR BID
RAMAGUNDAM SUPER THERMAL POWER STATION
STAGE-II (3X500 MW)
BIDDING DOCUMENT NO.: CS-3130(R&M)-104A-2
RENOVATION & RETROFITTING OF
ELECTROSTATIC PRECIPITATOR PACKAGE
PAGE
6 OF 10
In such a case, the Bidder (in case of bids where either the Bidder/ Bidder’s
Associate/ Bidder’s Collaborator/ The firm in the Joint Venture Bid (as the
case may be) fulfils the requirements of clause 6.1.1 for one particular type
of design ESP) shall furnish a Deed of Joint Undertaking (DJU) executed by
it and the QESPM (who fulfils the requirements of clause 6.1.1 for the other
type of design ESP, which the Bidder wishes to offer for some/ all ESP
fields) in which the executants of DJU shall be jointly and severally liable to
the Employer for the successful performance of the ESP, as per the format
enclosed in the bidding documents. The DJU shall be submitted along with
techno-commercial bid, failing which the Bidder shall be disqualified and its
bid shall be rejected. In case of award, the QESPM (who fulfils the
requirements of clause 6.1.1 for the other type of design ESP, which the
Bidder wishes to offer for some/ all ESP fields) will be required to furnish an
on-demand bank guarantee for 5% (five percent) of the total Contract price
of this Renovation & Retrofitting of Electrostatic Precipitator Package in
addition to the Contract performance security to be furnished by the Bidder.
This bank guarantee requirement shall be in addition to bank guarantee
requirement stipulated at clause 6.1.3(b) for QESPM who is either the
Bidder’s Associate/ Bidder’s Collaborator/ The firm in the Joint Venture Bid
(as the case may be).
6.2.0 Financial Criteria for Qualification
6.2.1 Financial Criteria of Bidder for Qualification
a) 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
1222 Million (Indian Rupees Twelve Hundred and Twenty Two Million only) or in
equivalent foreign currency.
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 requirements 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. For Joint Venture/Consortiums bid, all the partners of
the Joint venture / Consortium shall be collectively required to meet the turnover
criteria.
b) Net worth of the bidder should not be less than 100% (hundred percent) of its paid
up share capital as on the last day of the preceding financial year on the date of
Techno-commercial bid opening. In case the Bidder does not meet the Net worth
criteria on its own, it can meet the requirement of Net worth based on the strength of
its Subsidiary(ies) and/or Holding Company and/or Subsidiaries of its Holding
company wherever applicable. In such a case, however the Net worth of the Bidder
and its Subsidiary(ies) and/or Holding Company and/or Subsidiary(ies) of the