I INVITATION FOR BIDS (IFB)
ANNEXURE-1
Qualifying Requirements for Repair & Rehabilitation of Sea Water Jetty at NTPC Simhadri
(PR:200084318 ).
1.0 Technical Criteria:
1.1a The Bidder should have executed construction of underwater marine RCC civil structures like sea water jetty
/piles/caisson wall & beam of order value not less than Rs. 1017 Lakhs during last seven(7) years reckoned as on the
date of Techno-Commercial Bid Opening.
OR
1.1b The Bidder should have executed Structural rehabilitation civil works of not less than Rs 1017 Lakhs in cumulative
orders among which the cumulative value of marine structural rehabilitation works shall not be less than
Rs. 200 Lakhs during last seven (7) years reckoned as on the date of Techno-Commercial Bid opening. Marine
Structural Rehabilitation civil works means works consisting of repair of marine RCC civil structures like piles/ caisson
wall or beam and application of protective coating after repairs.
AND
1.2a The Bidder should be an authorized applicator of the construction chemicals' manufacturer(FOSROC or SIKA or
BASF make) and should have experience in protective coating of marine structures.
OR
1.2b In case where Bidder itself is not an authorized applicator of FOSROC or SIKA or BASF make, the Bidder has to
tie-up with authorized applicator of FOSROC or SIKA or BASF make who has experience in protective coating of
marine structures and should submit, along with the bid, a consent letter from the authorized applicator for
undertaking works involving protective coating of this package.
2.0 Financial Criteria:
2.1 The average annual turnover of the Bidder, in the preceding three (3) financial years as on the date of Techno-
Commercial Bid Opening shall not be less than ₹ 848 Lakhs (Eight Hundred Forty Eight Lakhs Only).
2.2 In case a Bidder does not satisfy the 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.
2.3 Net Worth of the bidder should not be less than 100% of the bidder's 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 meets the requirement of
Net worth based on the strength of its Subsidiary(ies) and/or Holding Company and/or Subsidiariy(ies) of its Holding
Companies, wherever applicable, the Net worth of the Bidder and its Subsidiary(ies) and or Holding Company
and/or Subsidiary(ies) of the Holding company, in combined manner should not be less than 100% of their total paid
up share capital. However individually, their Net worth should not be less than 75% of their respective paid up share
capitals. For Consortiums/ Joint Ventures, wherever applicable, the Net worth of all consortium/Joint Venture
members in combined manner should not be less than 100% of their paid up share capital. However, individually,
their Net worth should not be less than 75% of their respective paid up share capitals.
2.4 Net worth in combined manner shall be calculated as follows:
Net worth (combined) = [ (X1 + X2 +X3) / (Y1 +Y2+Y3) ] X 100
Where X1, X2, X3 are individual Net worth which should not be less than 75% of the respective paid up share
capitals and Y1, Y2 ,Y3 are individual paid up share capitals.