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/Proprietor/Partner that the financial results of the Company are under
audit as on the date of techno-commercial bid opening and the certificate from
practicing Chartered Accountant certifying the financial parameters is not
available.
b) For the purpose of arriving at the executed value of supply specified at 11.1.2
above, basic amount only shall be considered. In case of a contract inclusive of
Taxes, agency has to provide the break-up of basic value and tax.
c) Other income shall not be considered for arriving at annual turnover.
d) The value of the supply completed in the preceding seven (07) years reckoned as
on date of techno commercial bid opening, even if it has been started earlier, will
only be considered for establishing the qualifying requirements.
e) The word “executed” at 11.1.2 means: bidder should have achieved the criteria
specified in above QR even if the total contract is not completed / closed.
f) The bidder should submit the documentary proof for establishing the QR
requirements at 11.1 and 11.2 above.
12.0 Notwithstanding anything stated above, the Employer reserves the right to
undertake a physical assessment of the capacity and capabilities including
financial capacity and capability of the Bidder / his Collaborator(s) /
Associate(s) / Subsidiary(ies) / Group Company(ies) to perform the Contract,
should the circumstances warrant such assessment in the overall interest of
the Employer.
The physical assessment shall include but not be limited to the assessment of
the office/facilities/banker’s/reference works by the Employer. A negative
determination of such assessment of capacity and capabilities may result in
the rejection of the Bid.
The above right to undertake the physical assessment shall be applicable for
the qualifying requirements stipulated above.
13.0 NTPC reserves the right to reject any or all bids or cancel/withdraw the NIT for
the subject package without assigning any reason whatsoever and in such
case no bidder/intending bidder shall have any claim arising out of such
action.
14.0 Issuance of Bidding Documents to any bidder shall not construe that
bidder is considered qualified.
15.0 Participation in the tender does not automatically mean that the bidders are
considered qualified. NTPC shall evaluate the qualifying requirements of each
bidder as per NIT after opening of Technical Commercial bids and the bids of
the bidder who is not meeting the qualifying requirement shall be treated as
non-responsive.
16.0 Address for Communication