Note:
The word “Executed" mentioned above means that the bidder should have
1.
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 date
of Techno-commercial bid opening shall be considered acceptable.
NTPC has the right to assess the capability and capacity of the bidder for
carrying out the refurbishment of sheet metal hot path components
identified machines of its plant.
3
4.
In case of the Licensee / authorized agent of the qualifying agency, the
bidder shall be required to furnish deed of agreement having validity for
full execution period.
7.2 Financial criteria:
7
.2.1 The average annual turnover of the Bidder, should not be less than 72.27
Lac (Rupees Seventy-Two Lacs & Twenty-Seven Thousand only)
during the preceding three (3) completed financial years as on date of
Techno-commercial bid opening.
7.2.2 In case the bidder does not satisfy the financial criteria, stipulated at Cl.
7.2.1 above on its own, it’s 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
7
.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.
7
.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
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