DETAILED INVITATION FOR BID
OR
•
•
Executed value not less than Rs. 1238 Lakhs in Two Contracts each.
OR
Executed value not less than Rs. 990 Lakhs in Three Contracts each.
Note for Clause 7.1.1 Above:
1.
The word “executed” means the bidder should have achieved the criterion specified in the
Qualifying Requirements, even if the total contract is not completed/ closed. In case
contract(s) is under execution as on the date of techno-commercial bid opening, the value of
work executed till such date will be considered provided the same is certified by the employer.
7
.2.0. Financial Criteria for Qualification:
7
.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 Rs. 2475 Lakhs (Rupees
Two Thousand Four Hundred and Seventy Five Lakhs only).
7
.2.2. Net worth of bidder shall not be less than 100% of the bidder’s paid up share capital as on
the last day of the preceding financial year. 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. 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
Net worth in combined manner shall be calculated as follows:
Net worth (combined)=(x1+x2+x3)/(y1+y2+y3)x100 where x1, x2, x3 are individual
net worth which shall not be less than 75% of the respective paid up share capitals
and y1, y2, y3 are individual paid up share capitals..
7
.2.3. In case the Bidder is not able to furnish its audited financial statements on standalone
entity basis, the unaudited unconsolidated financial statements of the Bidder can be
considered acceptable provided the Bidder furnishes the following further documents
on substantiation of its qualification:
•
Copies of the unaudited unconsolidated financial statements of the bidder along with
copies of the audited consolidated financial statements of the holding company.
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 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 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
Coal transportation by road from Talaipali Mines of NTPC to NTPC Lara SECTION-I (IFB)
Page
of 8
SSC WR-II, Sipat
6
