3.0
All bids must be accompanied by Tender Fees (Cost of Bidding documents), Bid
Security. Bid Security, Tender Fees shall be submitted in a sealed envelope
separately online/offline by the stipulated bid submission closing date and time at the
address given below. Any bid without an acceptable Tender Fees (Cost of Bidding
documents), Bid Security shall be treated as non-responsive by the employer and
shall not be opened.
4
.0
Qualifying Requirements for Bidders:
4
.1 Technical Criteria
The bidder should have manufactured & supplied Tube nest(s) of feed water
heater and/or feed water heater(s) of a Thermal power plant having unit of capacity
100 MW or more in the preceding seven (07) years prior to the date of techno-
commercial bid opening meeting the following criteria :
i.
Single order having executed value of above work(s) not less than Rs.
0.40 Lakh.
3
OR
Two orders having executed value of above work(s) not less than Rs.
9.00 Lakh each.
ii.
iii.
1
OR
Three orders having executed value of above work(s) not less than Rs.
5.20 Lakh each.
1
4
.2 Financial Criteria
The average annual turnover of the Bidder, in the preceding three (3) financial years
as on the date of Techno-Commercial bid opening, should not be less than Rs. 38.00
Lakh(Rupees Thirty-eight Lakh Only )
4.2.1 In case a bidder does not satisfy the financial criteria, stipulated above on its
own, its Holding Company would be required to meet the stipulated turnover
requirements 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 the Holding Company’s
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.
4.2.2 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 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