DESIGN, ENGG, SUPPLY, CONSTRUCTION, ERECTION, TESTING &
COMMISSIONING OF COMPLETE CLO2 PLANT FOR STAGE-II CW INCLUDING
ALL CIVIL, MECHANICAL, ELECTRICAL AND C&I WORKS FOR NTPC SIPAT
[BIDDING DOCUMENT NO. 9900211132]
In such a case, an “Undertaking (as per the format enclosed in the bidding document) to be jointly
executed by the Bidder and the collaborator/associate for complying the provisions of Deed of Joint
Undertaking”, shall be submitted along with techno-commercial bid, failing which the Bidder shall be
disqualified and its bid shall be rejected.
Further, the bidder emerging as the successful Bidder shall be required to submit a Deed of Joint
Undertaking (DJU) jointly executed by it and its Associate/Collaborator and each executant of DJU
shall be jointly and severally liable to the Employer for successful performance of Chlorine Di-Oxide
(ClO2) System/Plant, as per the format enclosed with the bidding document, at the earliest but not
later than fifteen (15) days from the date of opening of the price bid / completion of Reverse Auction
process (if applicable), failing which the Bid may be liable for rejection and Bid Security may be
forfeited by the Employer.
Further, in case of award, the Collaborator(s)/Associate(s) shall be required to furnish an on
demand bank guarantee as per the format enclosed with the bidding documents for a value
equal to 2% (two percent) of the contract price in addition to the Contract Performance Security to
be furnished by the Bidder
5.2 Financial Criteria of bidder:
5.2.1 The average annual turnover of the Bidder, in the preceding three (3) financial years as on the
date of Techno-Commercial bid opening, shall not be less than Rs. 450 Lakhs (Rupees Four Hundred
and Fifty Lakhs only).
5.2.2 Net worth of bidder shall not be less than 100% of the bidder’s paid up share capital as on the
last day of the preceding financial year. 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)x100 where x1, x2, x3 are individual net worth which
shall not be less than 75% of the respective paid up share capitals and y1, y2, y3 are individual paid
up share capitals.
5.2.3 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
bid documents stating that the unaudited unconsolidated financial statements form part of
the consolidated annual report of the company.
5.2.4 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 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