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-
Commercial Bid Opening and the Certificate from the practicing Chartered Accountant
certifying the financial parameters is not available.
6.2.5
In case a bidder does not satisfy the financial criteria, stipulated at Cl. 6.2.1 and/ or
Cl.6.2.2 above on its own, the holding company would be required to meet the stipulated
turnover requirements at Cl.6.2.1 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 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.
Notes
(i) Net worth means the sum total of the paid up share capital and free reserves. Free
reserve means all reserves credited out of the profits and share premium
account but does not include reserves credited out of the revaluation of the
assets, write back of depreciation provision and amalgamation. Further any
debit balance of Profit and Loss account and miscellaneous expenses to the
extent not adjusted or written off, if any, shall be reduced from reserves and
surplus.
(
(
ii) Other income shall not be considered for arriving at annual turnover.
iii) “Holding Company” and “Subsidiary Company” shall have the meaning ascribed to
them as per Companies Act of India.
7.0 Techno-Commercial Bid (i.e Technical Bid & Price Bid ) Submission - COVER-I/COVER-
II/COVER-III OF GEPNIC:
This is an E-tender case and bidders shall submit bid (i.e Technical Bid & Price Bid) in ONLINE
ONLY. Bids sent in physical form thru any other means /media is not at all acceptable and it may
be liable for rejection.
A)Documents Required for Technical Bid Submission :
i.
NIL DEVIATION CERTIFICATE : To be uploaded online duly sealed & signed as per format
enclosed in the Bidding Document , Section-VII , Forms & Procedures Attachment no. 21
Any techno-commercial bid not accompanied by an acceptable NIL DEVIATION CERTIFICATE
shall be rejected by NTPC Ltd, SSC-WR-II-Sipat as being non-responsive and will not be
considered for Opening.
ii.
TENDER FEE of INR 5625/-(inclusive of GST@18%) in the form of DD/BC is to be submitted
in sealed envelope in Physical Form/ Offline within the scheduled period. Any techno-
commercial bid not accompanied by an acceptable Tender Fee in a separate sealed envelope
shall be rejected by NTPC Ltd, SSC-WR-II-Sipat as being non-responsive and will not be
considered for Opening.
iii.
EMD of INR 20,00,000/- in the form of DD/BC/BG is to be submitted in sealed envelope in
Physical Form/ Offline within the scheduled period. Any techno-commercial bid not
accompanied by an acceptable EMD in separate sealed envelope shall be rejected by NTPC Ltd,
SSC-WR-II-Sipat as being non-responsive and will not be considered for Opening. (* Format for
BG, Please refer to Section-VII , Forms & Procedure).
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