DETAILED INVITATION FOR BID
BID DOCUMENT NO.:
9900208917
DEVELOPMENT OF RESERVOIR-1B WITH HDPE LINING &
ASSOCIATED WORKS FOR NTPC SIPAT SECTION-I (IFB)
i. 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
5.2 Financial Criteria:
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. 2352 Lakhs (Rupees
Two thousand three hundred fifty two 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 statement on standalone entity
basis, the unaudited unconsolidated financial statement 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 CEO/CFO of the Holding company as per the format enclosed
statement 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 date of techno commercial bid
opening are not available, the financial result 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 result 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