NIT no 40054023

Name of work: Pan NTPC Transportation Rate Contract

Completion period: 12 months.

QR conditions which needs to be fulfilled by Bidders

 

Qualifying requirement

1

The bidder must be registered common carrier as per Carriage by Road Rules 2011 of

 

Central Government of India .

2The bidder should be a recommended transporter of Indian Banks’Association .

3The bidder must have at least 70 (seventy) nos of offices/ Branches/ Godowns out of the locations mentioned in TABLE-A

4(a) The bidder should have at least 1(one) year of continuous experience during the last 07 ( seven) years as on date of opening of Techno-commercial proposal as an authorized transporter to Govt./public sector/ private sector companies/ institutions.

4(b) The bidder should have executed transport service contract of Rs 12.20 crores on cumulative basis (Through 1contract or more than 1 contracts, minimum value of each contract being Rs 50lakhs) during any continuous 12 month period within last 7 (seven) years as on date of techno-commercial bid opening.

Note :

a) The bidder has to submit an affidavit to the effect that their registration as common carrier is not suspended, revoked/ cancelled by the registering authority as on date of submission of bid as per provision of sub-section (2) of section 5 of the “The carriage by Road Act-2007”.

b) The word “Executed” means the bidder should have achieved the criteria specified even if the total contract is not completed /closed.

c) In case, order(s) is/are under execution, the value of works executed till the date of opening of techno-commercial bid as certified by the client shall be considered.

5The average annual turnover of the Bidder, in the preceding three (3) financial years as on date of Techno-Commercial bid opening, should not be less than INR 15.27 crores

.(Rupees Fifteen crore twenty seven lacs only)

In case a Bidder does not satisfy the average annual turnover criteria, stipulated above on its own, its Holding Company would be required to meet the stipulated turnover requirements as 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.

Net worth of the Bidder should not be less than 100% (hundred percent) of it’s paid up share capital as on the last day of the preceding financial year on the date of Techno- Commercial bid opening. In case the Bidder does not meet the Net Worth criteria on its

own, it can meet 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. In such case, 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%(hundred percent) of their total paid up share capital. However individually, their Net worth should not be less than 75% (seventy five percent) of their respective paid up share capitals. For a Consortium/Joint Venture, Net worth of all Consortium/Joint Venture members in combined manner should not be less than 100% (hundred percent) of their paid up share capital however individually, their Net worth should not be less than 75% (seventy five percent) 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

In case the Bidder is not able to furnish its audited financial statements, the Bidder can be considered acceptable provided the Bidder further furnishes the following documents for substantiation of its qualification:

Copies of the unaudited unconsolidated financial statements of the Bidder along with copies of the audited consolidated financial statements of Holding Company.

A Certificate from the CEO/CFO of the Holding Company, as per the format enclosed with the bidding documents, stating that the unaudited unconsolidated financial statements form part of the consolidated financial statements of the Holding Company.

In cases 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 form a practicing Chartered Accountant certifying its financial parameters, the audited results of three preceding consecutive financial years 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.

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