NTPC LIMITED
A Government of India Enterprise)
(
Western Region – 1 Shared Services Centre
PO Adityanagar, Kawas
Surat – 394516, Surat
OR
c. Three (3) orders having contract value not less than INR 50.43 Lacs each
Note:
1
. The word “Executed" mentioned above means that the bidder should have 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 first scheduled
date of Techno-commercial bid submission by the client shall be considered acceptable.
7
.2 Financial criteria:
7
.2.1 The average annual turnover of the Bidder, should not be less than 126.07 Lacs
(
Rupees One Hundred Twenty-Six Lacs and Seven Thousand only) during the preceding
three (3) completed financial years as on the 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, its 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.
1
2
. 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 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
NTPC/SSC-WR-I(Kawas)/9900174917
NIT
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