NTPC LIMITED
A Government of India Enterprise)
(
Western Region – 1 Shared Services Centre
PO Adityanagar, Kawas
Surat – 394516, Surat
6.2.1 The average annual turnover of the Bidder, should not be less than Rs.
64.0 Lac (Rupees Sixty Four Lacs only) during the preceding three
(
3) completed financial years as on first schedule date of Techno-
commercial bid submission.
6.2.2 In case the bidder does not satisfy the financial criteria, stipulated at Cl.
6.2.1 above on its own, it’s holding company would be required to meet
the stipulated turnover requirements at Cl. 6.2.1 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.
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.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.
(
i)
Copies of the unaudited unconsolidated financial statements of the bidder
along with copies of the audited consolidated financial statements of the
Holding Company.
(
ii)
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.
6
.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 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
practicing Chartered Accountant certifying the financial parameters is
not available.
NOTES:
(
(
i)
Other income shall not be considered for arriving at annual turnover.
ii)
"Holding company“ and “Subsidiary Company” shall have the meaning ascribed to
them as per Companies Act of India.
NTPC/SSC-WR-I(Kawas)/9900174917
NIT
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