NTPC LIMITED
(A Government of India Enterprise)
Western Region – 1 Shared Services Centre
PO Adityanagar, Kawas
Surat – 394516, Surat
NTPC/SSC-WR-I(Kawas)/9900174917 NIT Page 3 of 5
(ii) In case of orders under execution, the value of work executed till the 1st schedule
date of Techno-commercial proposal as certified by the client shall be considered
acceptable.
(iii) For annual turnover and executed value indicated in foreign currency, the exchange rate
as on 7
th
day prior to the date of 1
st
scheduled techno-commercial opening shall be
used.
(iv) In case of the authorized dealer, the bidder shall be required to furnish deed of
authorization having validity for full execution period.
6.2 Financial criteria:
6.2.1 The average annual turnover of the Bidder, should not be less than Rs. 115.2 Lac (Rupees One
Hundred fifteen Lacs and Twenty Thousand only) during the preceding three (3) completed
financial years as on the 1st schedule date of techno-commercial bid opening.
6.2.2 In case the bidder does not satisfy the financial criteria, stipulated at Cl. 6.2.1 above on its
own, it’s holding company would be required to meet the stipulated turnover requirements
at Cl. 6.2.1 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
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.
6.2.3 In case the bidder is not able to furnish its audited financial statements on stand-alone entity
basis, the unaudited unconsolidated financial statements of the bidder can be considered
acceptable provided the bidder further furnishes the following documents in substantiation
of its qualification.
(i) Copies of the unaudited unconsolidated financial statements of the bidder along with
copies of the audited consolidated financial statements of the Holding Company.
(ii) A Certificate from the CEO/CFO of the Holding Company, as per the format enclosed
in the bid documents, stating that the unaudited unconsolidated financial statements
form part of the Consolidated Annual Report of the company.
6.2.4 In cases 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 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.
NOTES: