एन टी पी सी लिमिटेड
NTPC Ltd
पश्चिमी क्षेत्र 1 साझा सेवा केंद्र, संविदा एवं सामग्री विभाग
Western Region – 1 Shared Services Centre
PO Adityanagar, Kawas
Surat – 394516, Gujarat
NTPC/SSC - WR-I(Kawas)/9900176466 NIT Page 2 of 3
6.0 Qualifying Requirements
The bidder who wishes to participate in the bidding shall meet the Qualifying Requirements stipulated
hereunder:
6.1 Technical Criteria:
The bidder must be a manufacturer of Carbon Steel Seamless Pipe and must have successfully
executed order(s) of supply of Carbon Steel Seamless Pipes as per ASTM-A-106 Gr-B or
‘equivalent standard’ within preceding 07 (seven) years as on first scheduled date of Techno-
commercial bid submission in any of the following manner:-
a. One (1) order having contract value not less than INR 77.14 Lakh
OR
b. Two (2) orders having contract value not less than INR 48.21 Lakh
OR
c. Three (3) orders having contract value not less than INR 38.57 Lakh
Note:
1. The word “Executed" mentioned above means that the bidder should have achieved the criteria
specified above, even if the total contract is started earlier and / or is not completed / closed.
2. In case of orders under execution, the value of work executed till the first scheduled date of
Techno-commercial bid submission by the client shall be considered acceptable.
3. ‘Equivalent standard’ stands for ‘equivalent European standard' or 'other equivalent standard'
having similar mechanical and chemical properties as for 'ASTM-A-106 Gr-B material’, for which
details have to be shared by vendor only.
6.2 Financial criteria:
6.2.1 The average annual turnover of the Bidder, should not be less than 96.42 Lacs (Rupees
Ninety Six Lacs and Forty Two Thousand only) during the preceding three (3) completed
financial years as on first scheduled date of Techno-commercial bid submission.
6.2.2 In case the bidder does not satisfy the financial criteria, stipulated at Cl. 7.2.1 above on its
own, its holding company would be required to meet the stipulated turnover requirements
at Cl. 7.2.1 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.
1. Copies of the unaudited unconsolidated financial statements of the bidder along with
copies of the audited consolidated financial statements of the Holding Company.
2. 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