7.2 Financial criteria:
7.2.1 The average annual turnover of the bidder should not be less than ₹ 132.46 Lakh
(Rupees One Hundred Thirty-Two Lakh and Forty-Six Thousand only) during the
preceding three (3) completed financial years as on the date of Techno-commercial bid
opening.
7.2.2 In case the bidder does not satisfy the financial criteria, stipulated at Cl. 7.2.1 above on
its own, its holding company would be required to meet the stipulated turnover
requirements at Cl. 7.2.1 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 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.
7.2.3 In case the bidder is not able to furnish its audited financial statements on stand-alone
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.
7.2.4 In cases where audited results for the last preceding 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 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:
1. Other income shall not be considered for arriving at annual turnover.
2. “Holding Company" and “Subsidiary Company” shall have the meaning ascribed
to them as per Companies Act of India, in vogue.
8.0 Any ‘Bidder from a country which shares a land border with India’, as specified in the
Bidding Documents, will be eligible to bid in this tender only if bidder is registered
with the Competent Authority as mentioned in the Bidding Documents.
9.0 NTPC reserves the right to reject any or all bids or cancel / withdraw the Invitation
for Bids/NIT without assigning any reason whatsoever and in such case no bidder /
intending bidder shall have any claim arising out of such action.
10.0 A complete set of Bidding Document may be downloaded by any interested Bidder
from https://eprocurentpc.nic.in/nicgep/app.Tender fee as mentioned above in the is
required to be submitted as stipulated in the bidding document before due date &
time of submission of bid.
Prospective bidders are compulsorily required to provide GSTIN number with
Tender Fee.