SECTION - I INVITATION FOR BIDS (IFB)
Annexure 1
Qualifying Requirements
Qualifying Requirement for Civil construction works at NTPC Kudgi
1.0 Technical Criteria
• The Bidder should have successfully executed the works of “ Civil Construction Works” with executed
contract values as detailed below, during the last seven (7) years as on date of technical bid opening:
Single order with executed value not less than Rs. 66.54 Lakhs.
OR
Two orders with executed values not less than Rs. 41.59 Lakhs each.
OR
Three orders with executed values not less than Rs.33.27 Lakhs each.
2.0 Financial Criteria:
The average annual turnover of the bidder, in the preceding three financial years as on the date of bid
opening shall not be less than Rs 83.17 lakhs (Rupees Eighty three Lakhs and Seventeen Thousand only)
3.0 Notes:
a) In case 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/Proprietor/Partner that the
financial results of the Company are under audit as on the date of Techno-commercial bid opening
and the certificate from practicing Chartered Accountant certifying the financial parameters is not
available
b) For the purpose of arriving at the executed value of work specified at 1.1 above, basic amount
only shall be considered. In case of a contract inclusive of Taxes, agency has to provide the break-
up of basic and tax.
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 techno
commercial bid opening, even if it has been started earlier, will also be considered for establishing
the qualifying requirements.
e) The word “executed” at 1.1 above 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 GST
registration number and the relevant documents shall be submitted along with bid proposal.
g) The bidder should submit the documentary proofs 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.