Investor Presentaiton
ओएनजीसी
2. PEC for Other Producing Fields (3/4)
OnGc Bid Qualification Criteria for Other Producing Fields Production Enhancement Contract (PEC)
Participation
Rules
Financial
Qualification
Criteria
Either
I
Criteria B
Criteria A
का
आज़ादी
अमृत महोत्सव
Bidder could be company individually or in in association with other companies, through a
consortium or an incorporated joint venture
In case of consortium, each member should equal to or more than 26% of equity in the
consortium.
All consortium members shall be jointly and severally liable
The average global turnover of the bidding company (individually or collectively in case of
bidding consortium) for the closed preceding two business years must be at least 50% of
annualized bid value (based on baseline production indicated in the NIO).
AND
The net worth of the bidding company (individually or collectively in case of bidding consortium)
should be at least 15% of annualized bid value ((based on baseline production indicated in the
NIO) as on 31st March 2021 (FY ending March) or 31st December 2020 (FY ending December)
as may be applicable. Also, each member company of the consortium should have non-zero
positive net worth as on closing of the financial year.
OR
If unable to meet 'A', then the bidding company (individually or collectively in case of bidding
consortium) should have minimum net worth of USD 1 million {as on 31st March 2021 (FY
ending March) or 31st December 2020 (FY ending December) as may be applicable} and should
be able to demonstrate unconditional access to financial resources/capital of minimum 50%
of annualized bid value (based on baseline production indicated in the NIO) for the period of at
least 3 years starting from the date of contract signing.View entire presentation