Tender Ref No /Tender ID : NTPC/SSC-VSR/9900189232
DETAILED INVITATION FOR BIDS
Notes for Clause 1.0 above:
The bidder has to meet the Technical Criteria at 1.0, either through “ROUTE -1, ' clause 1.1
and 1.2 ' ” or through “ROUTE -2 , clause 2.1 ” for evaluation of qualifying requirement.
The word “executed” means the Bidder should have achieved the criteria specified in the
qualifying requirements at Clause 1.0, even if the contract has been started earlier and/or is
not completed/ closed and shall be considered as below.
Case-I: The work is started earlier (prior to the period stipulated in Clause-1.0, but completed
within the stipulated period as mentioned in clause 1.0. In such cases, entire executed value of
the relevant work vide that work order shall be considered for evaluation.
Case-II: The work is started and completed within the stipulated period as mentioned in
clause 1.1
Case-III: The work is started within the stipulated period as mentioned in clause 1.0 but not
completed as on the last date of stipulated period. In such cases, “In Progress” executed value
of the relevant work vide that work order as on the last date of stipulated period, shall be
considered for evaluation.
Remarks: Any of the above cases shall be supported by documentary evidence issued by the
"Owner".
"Owner" means the entity which has the original requirement of the subject work and has
initiated and awarded the work to the contractor (bidder) for executing the reference work
against which the credentials have been submitted. And the "Owner" defined as above is not
a contractor to any other entity for the reference work. In
case, the bidder has worked as approved sub-Contractor/sub vendor, he has to provide
documentary evidence issued by the "Owner".
6.2.0
Financial Criteria
2.1 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. 386.23 Lakhs (Rupees Three
Crore Eighty Six Lakhs Twenty-Three Thousand only).
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 should 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.
2.2 The Net Worth of the bidder as on the last day of the preceding financial year (reckoned on the date
of techno-commercial bid opening) should not be less than 100% of the Bidder’s paid-up share
capital. In case the Bidder meets the requirement of Net worth based on the strength of its
Subsidiary (ies) and/or Holding Company and/or Subsidiaries of its Holding companies wherever
applicable, the Net worth of the Bidder and its subsidiary (ies) and/or Holding Company and/or
subsidiary (ies) of the Holding Company, in combined manner should not be less than 100% of
their total paid-up share capital. However individually, their Net worth should not be less than 75%
of their respective paid-up share capitals.
SECTION - I (IFB)
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