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ii. The word "executed" means the bidder should have achieved the criterion
specified in the Qualifying Requirements, even if the total contract is not
completed/ closed. In case contract(s) is under execution as on the date of
techno-commercial bid opening, the value of work executed till such date
will be considered provided the same is certified by the employer.
The average annual turnover of the Bidder, in the preceding three (3) financial
years as on the date of Techno-Commercial bid opening, shall not be less than Rs.
99 Lakhs (Rupees Ninety Nine Lakhs only).
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 furnishes
the following further documents on substantiation of its qualification:
• Copies of the unaudited unconsolidated financial statements of the
bidder along with copies of the audited consolidated financial
statements of the Holding Company.
• A certificate from the CEO/CFO of the Holding Company as per the
format enclosed in the b
id documents stating that the unaudited
unconsolidated financial statements form part of the consolidated
annual report of the 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 res
ults 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.
(i) Other income shall not be considered for arriving at annual turnover
6 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.
7 NTPC reserves the right to reject any or all bids or cancel / withdraw the Invitation
for Bids without assigning any reason whatsoever and in such case no bidder /
intending bidder shall have any claim arising out of such action.