Tender Ref No /Tender ID : NTPC/SSC-VSR/9900190606
5.0
Bidder has to ensure the following documents to be submitted online before the bid submission deadline
prescribed by the Employer, pursuant to ITB Clause 15, failing which bid is liable for rejection
a)
Tender Fee: as applicable
b)
Earnest Money Deposit : as applicable
c)
Integrity Pact : Not Applicable;
Any bid not accompanied by an acceptable Earnest Money Deposit, Tender fee and Integrity pact(if
applicable), shall be rejected by the Employer as being non-responsive and shall be rejected without
being opened.
6.0
QUALIFYING REQUIREMENTS FOR BIDDERS
1.0 Technical Criteria
The bidder should have manufactured and supplied at least five (5) nos. of three phase isolators
suitable for Air Insulated Substation/ Switchyard of 400 kV or above class which should have been
in successful operation for a minimum period of two (02) years prior to the date of techno-
commercial bid opening.
1.0 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 ₹ 320 Lakh (Rs. Three Hundred and
Twenty Lakh 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 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.
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.
Net worth in combined manner shall be calculated as follows:
Net worth (combined) = (X1+X2+X3) / (Y1+Y2+Y3) X 100
Where X1, X2, X3 are individual Net worth which should not be less than 75% of the
respective paid up share capitals and Y1, Y2, Y3 are individual paid up share capitals.
SECTION - I (IFB)
DETAILED INVITATION FOR BIDS