bidder/intending bidder shall have any claim arising out of such action.

VII. The bidding document is available online. A complete set of Bidding Documents may be downloaded by any interested Bidder from the NTPC tender website https://eprocurentpc.nic.in.

VIII. Issuance of bid documents to any bidder shall not construe that such bidder is considered to be qualified.

IX. Transfer of Bidding Documents purchased by one intending Bidder to another is not permissible.

X.NTPC shall allow purchase preference, as indicated in the bidding documents, to bids from local suppliers as defined in the bidding documents. The bidders may apprise themselves of the relevant provisions of bidding documents in this regard before submission of their bids.

ANNEXURE-1 TO NIT

Qualifying Requirements for Bidders:

1.0 Technical Criteria:

The bidder must possess valid electrical license and should have executed “the Works of Supply, Installation, testing and commissioning of 25 metre or higher size High Mast Light” within the preceding seven (07) years reckoned as on the date of Techno- Commercial Bid Opening with either of following;

a)Single order of value not less than Rs. 110 Lakhs,

OR

b)Two orders of value not less than Rs. 69 Lakhs each,

OR

c)Three orders of value not less than Rs. 55 Lakhs each.

NOTES for clause 1.0 above:

i.The word "executed" means the bidder should have achieved the criteria including the value as mentioned in the above QR within the preceding seven (7) years as on date of Techno- commercial bid opening period even if the contract has been started earlier and/ or is not completed/ closed.

ii.The reference works executed by the bidder's group company / subsidiary company shall not be considered for meeting the qualifying requirements by the bidder.

iii.Reference work executed by a bidder as a sub- contractor may also be considered provided the certificate issued by a main contractor is duly certified by Project Authority specifying the Scope and value of Work executed by the sub- contractor in support of qualifying requirements.

iv.Necessary documentary evidence including client certificate in support of execution of the work to be submitted along with Techno – Commercial bid.

2.0Financial Criteria:

2.1The 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. 138 Lakhs.

In case a Bidder does not satisfy the average annual turnover criteria, stipulated above on its own, its Holding Company would be required to meet the stipulated turnover requirement as 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 execution of the Contract by the Bidder in case of award.

2.2In 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.

(i)Copies of the unaudited unconsolidated financial statements of the Bidder along with copies of the audited consolidated financial statements of its Holding Company.

(ii)A Certificate from the CEO / CFO of the Holding Company, as per the format enclosed with the bidding documents stating that the unaudited unconsolidated financial statements form part of the consolidated Annual financial statements of the Holding Company.

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 a 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 for clause 2.0 above:

i)Net worth means the sum total of the paid up share capital and free reserve. Free reserve means all reserves credited out of the profits and share premium account but does not include reserves credited out of the revaluation of the assets, write back of depreciation provision and amalgamation. Further any debit balance of Profit and Loss account and miscellaneous expenses to the extent not adjusted or written off, if any, shall be reduced from reserves and surplus.

ii)Other income shall not be considered for arriving at annual turnover.

iii)"Holding Company" and "Subsidiary Company" shall have the meaning ascribed to them as per Companies Act of India.