SECTION - I INVITATION FOR BIDS (IFB)
c. Other income shall not be considered for arriving at annual turnover.
d. The value of the work completed in the preceding seven (7) years reckoned as on date of
technical bid opening, even if it has been started earlier, will only be considered for establishing
the qualifying requirements.
e. The word “executed” means; bidder should have achieved the criteria specified in above QR
even if the total contract is not completed / closed.
f. The bidder should have independent PF code issued by RPFC, valid PAN number and active
GST
registration number and the relevant documents shall be submitted along with bid proposal.
g. The bidder should submit the documentary proof for establishing the QR requirements at 1.0
and 2.0 above.
4.0 Notwithstanding anything stated above, the Employer reserves the right to undertake a physical assessment of
the capacity and capabilities including financial capacity and capability of the Bidder / his Collaborator(s) /
Associate(s) / Subsidiary(ies) / Group Company(ies) to perform the Contract, should the circumstances
warrant such assessment in the overall interest of the Employer.
The physical assessment shall include but not be limited to the assessment of the
office/facilities/banker’s/reference works by the Employer. A negative determination of such assessment of
capacity and capabilities may result in the rejection of the Bid.
5.0 The above right to undertake the physical assessment shall be applicable for the qualifying requirements
stipulated in the bidding documents.
6.0 NTPC reserves the right to reject any or all bids or cancel/withdraw the NIT for the subject package without
assigning any reason whatsoever and in such case no bidder/intending bidder shall have any claim arising out
of such action.
7.0 Issuance of Bidding Documents to any Bidder shall not construe that such Bidder is considered to be qualified.
8.0 Participation in the tender does not automatically mean that the bidders are considered qualified. NTPC shall
evaluate the qualifying requirements of each bidder as per NIT after opening of Technical Commercial bids
and the bids of the bidder who is not meeting the qualifying requirement shall be treated as non-responsive.