NTPC Limited
A Government of India Enterprise)
SSC NR Vindhyachal
(
NOTICE INVITING TENDER (NIT)
FOR
Deployment of ALS Ambulance for five years at NTPC Rihand and Vindhyanagar
(Domestic Competitive Bidding)
techno-commercial bid opening) should not be less than 100% of the Bidder’s paid-up share capital. In
case the Bidder meets the requirement of Net worth based on the strength of its Subsidiary (ies) and/or
Holding Company and/or Subsidiaries 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.
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.
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 for substantiation of its qualification :
(a) Copies of the unaudited unconsolidated financial statements of the bidder along with copies of the
audited consolidated financial statements of its Holding Company.
(
b) A Certificate from the CEO/CFO of the Holding Company, as per the format enclosed in the bidding
documents, stating that the unaudited unconsolidated financial statements form part of the
consolidated annual financial statements of the Holding Company.
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 for the 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 practising Chartered Accountant certifying the financial parameters is not
available.
NOTES FOR CLAUSE 2.0:
(
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" shall have the meaning ascribed to them as per Companies
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Section I: Notice Inviting Tender (NIT): Version 1
Version 1.0