Professional Documents
Culture Documents
Dtd*********
To,
Subject:
Dear Sir,
Pursuant to your Application in response to our Request for Qualification for the above said
Project (the "RFQ"), you were qualified/ conditionally qualified as a Bidder, and asked vide our
letter dated ******* to remit non refundable fee for Bidding documents for each Package. We
hereby request you to remit a sum of Rs. 500,000 (Rs. Five Hundred thousand only) in form of DD
in favour of the Managing Director, KRDCL, Bangalore, as the cost of procuring the Bidding
documents. Please note that a scanned copy of the DD should be uploaded on the e-procurement
portal along with your bid and the original hard copy of the DD may be submitted to KRDCL on or
before the date of opening of bids.
You are requested to participate in the Bid Stage and submit a bid (the "Bid) for the
aforesaid Project No.WCP-1in accordance with terms and conditions set forth in this RFP. If you
were conditionally qualified on the basis of a Letter of Intent to formally enter into a Joint Bidding
Agreement, you are hereby reminded of the requirement in para. 2.2.6 of the RFQ to submit your
executed Joint Venture Agreement, signed by all members named in the Application, at least 15
(fifteen) days prior to the Bid Due Date.
The Karnataka Road Development Corporation Limited (KRDCL or Borrower), through the
Government of India, has received a loan from the International Bank for Reconstruction and
Development (IBRD or World Bank) towards the cost of the Karnataka State Highways
Improvement Project (KSHIP II). It is intended that part of the proceeds of this loan will be applied
to eligible payments for this Project under the DBFOMT (Hybrid Annuity) contract to be
ii
implemented by Karnataka Road Development Corporation Limited. The Bidding will be conducted
through the International Competitive Bidding (ICB) procedures specified in the World Banks
Guidelines: Procurement under IBRD Loans and IDA Credits, (January 2011) and is open to all
bidders from eligible source countries as defined in the Guidelines. Subject to the applicable
provisions of this RFP, the Concession Agreement will be awarded to the Bidder (i) whose bid is
substantially responsive to the requirements of the Bidding Documents, (ii) who has been determined
to be qualified to perform the Concession Agreement satisfactorily and (iii) whose Bid Price requires
the lowest Annuity amount for undertaking the Project subject to clause 3.3.1 of RFP, to be
determined by the Authority through evaluation and comparison of Bids.
Thanking you,
Yours faithfully,
Managing Director,
Karnataka Road Development Corporation Ltd.,
Bangalore
GLOSSARY
Annuity
Authority
Subsidiary
Bank Guarantee
Bid(s)
Bidders
Bidding Documents
Bid Due Date
Bidding Process
Bid Security
Bid Stage
Concession
Concession Agreement
Concessionaire
Conflict of Interest
DPR
Estimated Project Cost
Government
LOA
Member
PPP
Project
Re. or Rs. or INR
RFP or Request for Proposals
The words and expressions beginning with capital letters and defined in this document shall, unless
repugnant to the context, have the meaning ascribed thereto herein. The words and expressions
beginning with capital letters and not defined herein, but defined in the RFQ, shall, unless repugnant
to the context, have the meaning ascribed thereto therein.
KRDCL
iii
Table of Contents
DISCLAIMER..................................................................................................................................1
1. INTRODUCTION.......................................................................................................................2
1.1 Background.............................................................................................................................2
1.2 Brief description of Bidding Process.......................................................................................5
1.3 Schedule of Bidding Process...................................................................................................7
2. INSTRUCTIONS TO BIDDERS................................................................................................8
A. BIDDING DOCUMENTS.......................................................................................................8
2.1 The Bidding Documents comprise of:.....................................................................................8
B. TERMS OF BIDDING.............................................................................................................8
2.2 General Terms of Bidding.......................................................................................................8
2.3 Change in Structure or Formation of the Joint Venture.........................................................12
2.4 Changes in Ownership......................................................................................................... 12
2.5 Cost of Bidding.....................................................................................................................14
2.6 Site visit and verification of information...............................................................................14
2.7 Verification and Disqualification...........................................................................................15
2.8Clarifications......................................................................................................................... 15
2.9 Addenda to Bidding document including RFP......................................................................15
C. PREPARATION AND SUBMISSION OF BIDS...................................................................16
2.10 Format and Signing of Bid..................................................................................................16
2.11Sealing and Marking of Bids................................................................................................16
2.12 Bids Due Date/Bid Submission.......................................................................................... 18
2.13 Late Bids.............................................................................................................................18
2.14Modifications/ Substitution/ Withdrawal of Bids.................................................................18
2.15Validity of Bids....................................................................................................................19
2.16Confidentiality.................................................................................................................... 19
D. BID SECURITY....................................................................................................................20
2.17 Bid Security....................................................................................................................... 20
3. OPENING AND EVALUATION OF BIDS...............................................................................23
3.1 Opening of Bids....................................................................................................................23
3.2 Tests of responsiveness.........................................................................................................23
3.3 Evaluation of Bids, Clarification of Bids and Award of the Concession Agreement ............23
4. Fraud and corruption policy of the world bank applicable to the project...27
5. Pre-BID Conference..................................................................................................................29
APPENDIX- I: Letter Comprising the Bid.................................................................................30
APPENDIX II : Form of Bid Security.......................................................................................33
APPENDIX III: Power of Attorney for signing of Bid............................................................35
APPENDIX IV Power of Attorney for Lead Member of Joint Venture.................................37
(To be executed separately by each Member of the Joint Venture on stamp paper of
appropriate value).......................................................................................................................33
APPENDIX V: List of Public Financial Institutions..................................................................40
DISCLAIMER
The information contained in this Request for Proposal document (the RFP) or subsequently
provided to Bidder(s), whether verbally or in documentary or any other form by or on behalf of the
Authority (as defined in Clause 1.1.1 below) or any of their employees or advisors, is provided to
Bidder(s) on the terms and conditions set out in this RFP and such other terms and conditions subject to
which such information is provided.
This RFP is not an agreement and is neither an offer by the Authority to the prospective Bidders or any
other person. The purpose of this RFP is to provide interested parties with information that may be
useful to them in making their financial offers (Bids) pursuant to this RFP. This RFP may not be
appropriate for all persons, and it is not possible for the Authority, its employees or advisors to consider
the investment objectives, financial situation and particular needs of each party who reads or uses this
RFP. The Authority has taken all reasonable measures to ensure that the information and data provided
in this RFP are correct. However, Bidders should satisfy themselves through due diligence that the
Bidding Documents listed in Clause 2.1 of this RFP contain no errors or other defects. Each Bidder
should, therefore, conduct its own investigations and analysis and obtain independent advice from
appropriate sources for taking part in the Bidding Process.
Information provided in this RFP to the Bidder(s) is on a wide range of matters, some of which may
depend upon interpretation of law. The information given is not intended to be an exhaustive account of
statutory requirements and should not be regarded as a complete or authoritative statement of law.
The Authority, its employees and advisors make no representation or warranty and shall have no
liability to any person, including any Applicant or Bidder under any law, statute, rules or regulations or
tort, principles of restitution or unjust enrichment or otherwise for any loss, damages, cost or expense
which may arise from or be incurred or suffered on account of anything contained in this RFP.
The issue of this RFP does not imply that the Authority is bound to appoint the selected Bidder
or Concessionaire, as the case may be, for the Project[s] and the Authority reserves the right to
reject all or any Bidders or Bids without incurring any liabilities to the Bidders.
KRDCL
1.
Background
INTRODUCTION
1.1
1.1.1
Project Name
Length
in Km
WCP1
Project
No.WCP-1
Bagewadi
(NH-4)Bailhongal
63.29
Concession
Period
Estimated
Project
Cost***
in Rs Crore
10
years Rs 235.76
(Including
Crores
24 months
of
Construction
period)
1.1.2
The Selected Bidder shall promote and incorporate the Concessionaire (the
Concessionaire) as a limited liability company under the Companies Act,
1956 and as amended in 2013 prior to the execution of the Concession
Agreement (the Concession Agreement). The Concessionaire shall undertake
and perform the obligations and exercise the rights of the Selected Bidder
(Single Entity or Joint Venture) under the Letter of Award (LOA), including the
obligation to enter into the Concession Agreement pursuant to the LOA for
executing the Project. The Concession Agreement to be entered shall be in the
form provided by the Authority as part of the Bidding Documents pursuant
1.1.3
hereto.
The scope of work will broadly include the design, engineering, financing,
procurement, construction, operation, and maintenance for upgrading of the
existing carriageway to two-lane standard with horizontal and vertical alignment
improvements, construction of new pavement, construction and/or rehabilitation
of major and minor bridges, culverts, road intersections, interchanges, drains,
road safety enhancements, until the transfer at the end of the Concession Period.
The Bidders are advised to refer to the Detailed Project Report (DPR) attached
with and forming part of this RFP. The bidders are requested to collect a soft
1.1.4
copy of the DPR from the Authority before the bid due date.
The Estimated Project Cost has been specified in Clauses 1.1.1 above, and
includes the Estimated Construction Cost, Supervision Cost, the Financing
Costs and Physical and Price Contingencies. For the purpose of submitting bids,
1.1.5
1.1.6
1.1.7
1.2
1.2.1
1.2.2
1.2.3
specified in Clause 1.3 for submission of Bids (the Bid Validity Period).
The Bidding Documents shall mean the documents listed in Clause 2.1 (the
Bidding Documents). Subject to the provisions in Clause 2.2.3, any addenda
issued by the Authority subsequent to issuing this RFP shall be deemed to form
1.2.4
1.2.6
1.2.7
1.3
1 Date of Invitation to
Submit Bids on RFP
2 Last date for receiving
queries on RFP
3 Pre-Bid Conference
Bid Stage
10th April 2015
25th April 2015
A Pre-Bid Conference will take place at the
following
date, time and place:
Date: 29th April 2015
Time: 11:00 Hrs
Time:11:00 Hours
Within Bid Validity Period of 120 days from
Bid Due Date
Within 45 days from issue of LOA
2.
INSTRUCTIONS TO BIDDERS:
A.
BIDDING DOCUMENTS:
2.1
:
:
Vol III
Vol IV
:
:
Part II Schedules
Drawings
Any Addenda/Corrigendum
Vol V
issued
DPR
B.
2.2
TERMS OF BIDDING
General Terms of Bidding
2.2.1
A Bidder is eligible to submit only one Bid for a Project. A Bidder bidding individually or as a
Member of a Joint Venture shall not be entitled to submit another bid either individually or as a
Member of any other Joint Venture, as the case may be. A Bidder who submits or participates in
2.2.2
more than one Bid will cause all Bids in which the Bidder has participated to be disqualified.
The Bidders shall familiarise themselves with the terms and conditions of the Concession
2.2.3
2.2.4
2.2.5
Authority to the Concessionaire as per the terms and conditions of the Concession Agreement.
The Bid Price shall be furnished exclusively in the format at Appendix I, (Letter Comprising
the Bid and indicated clearly in Indian Rupees in both figures and words. In the event of any
difference between the figures and words, the amount indicated in words shall be taken into
2.2.6
account. The Letter Comprising the Bid shall be signed by the Bidders authorised signatory.
For inputs from outside India during the Construction Period, as required by the Bidder and
identified in the Bid, corresponding percentages of the Specified Fixed LumpSum Payments due
to the Concessionaire, in accordance with the Concession Agreement, may be requested in up to
three foreign currencies, along with the exchange rate used in calculating these foreign currency
payment requirements. However, these Lump Sum Payments shall not be exceeded, due to the
2.2.7
KRDCL
1.
2.
3.
4.
Credit Card
Direct Debit
National Electronic Funds Transfer (NEFT)
Over the Counter (OTC) designated Axis Bank branches located across the country
The e-payment made under any of the above options shall remain valid for a period of 180 (One
hundred and eighty) days from the Bid Due Date, or beyond any period of extension
subsequently as determined by Authority from time to time. The Bid shall be summarily rejected
if it is not accompanied by the Bid Security.
Please note that payment submitted through cheque or demand draft shall not be accepted. For
further details regarding e-Payment, please refer to E-Procurement Website.
The remaining part of bid security shall be in accordance with clause 2.17 of this RFP.
Name of the Project
2.2.8
Bid Security
Through epayment
Through Bank
Guarantee
2.2.9
Bidder.
In case the Bidder is a Joint Venture, each Member thereof should furnish a Power of Attorney as
Lead Member of the Joint Venture in the format at Appendix IV or another format that is
be defined as the failure to submit part or all of the information or documentation required in the
Bidding Documents.
2.2.11 The Bid and all communications in relation to or concerning the Bidding Documents and the Bid
shall be in English language.
2.2.12 The Bidding Documents including this RFP and all attached documents, provided by the
Authority are and shall remain or become the property of the Authority and are transmitted to the
Bidders solely for the purpose of preparation and the submission of a Bid in accordance
herewith. Bidders are to treat all information as strictly confidential and shall not use it for any
purpose other than for preparation and submission of their Bid. The provisions of this clause
shall also apply mutatis mutandis to Bids and all other documents submitted by the Bidders.
2.2.13 Conflict of Interest
Any Bidder found to have a Conflict of Interest (the Conflict of Interest) shall be disqualified.
A Bidder may be considered to have a Conflict of Interest with one or more parties in this
Bidding Process, if:
(i)
They have common controlling partner, except that this disqualification shall not
apply to any ownership by a bank, insurance company, pension fund or a public
financial institution referred to in relevant section of the Companies Act, 2013.
The Applicants are advised to ascertain the updated list of Public Financial
(ii)
(iii)
(iv)
(v)
(vi)
Financed by IBRD Loans and IDA Credits and Grants, shall be ineligible to be awarded a Bankfinanced contract, financially or otherwise, during such period of time as the Bank shall
determine.
2.2.15 This RFP is not transferable.
2.3
2.3.1
2.3.2
structure or formation of the Joint Venture not later than 15 days prior to Bid Due Date.
Subsequent to the Authoritys approval of the request for changes in the structure or
formation of the Bidder, the Bidder shall submit with its Bid a revised Joint Bidding
Agreement and a revised Power of Attorney for Lead Member of Joint Venture,
substantially in the form at Appendix-IV. or in another format that is substantially compliant
with it. The Authority will neither consider Letters of Intent to form a Joint Venture in
fulfilment of this requirement nor subsequently consider Bids which are not accompanied
by a revised Joint Bidding Agreement and revised Power of Attorney for Lead Member of
Joint Venture, in cases where the Authority has previously approved such changes at the
2.4
2.4.1
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with the prior approval of the Authority in writing, which shall not be unreasonably
withheld reduce its shareholding below 26 % (twenty six percent) of the subscribed and
paid up equity share capital of the Concessionaire and less than 5 % (five percent) of the
Total Project Cost after a period of 2 (two) years from the date of commercial operation of
the Project, subject to all Members of the Joint Venture continuing to collectively hold at
least 26% (Twenty six percent) of the subscribed and paid up equity of the Concessionaire
and subject further to the Member providing O & M services of its own or through its
Subsidiary continuing to hold at least 5% of the subscribed and paid up equity share capital
in the Concessionaire, till the end of Concession Period.
Further, in case of a Joint Venture, the equity share capital held by the Lead Member and
Members whose Technical and Financial Capacity were considered for Qualification under
the RFQ, shall not be less than 18% of the Total Project Cost till two years from the Date of
Commercial Operation (COD) of the Project.
In case of a single entity, such entity shall hold entire subscribed and paid-up share capital
of the Concessionaire, subject to same being not less than 18% of the Total Project Cost till
two years from COD of the Project. However, the single entity may, with the prior approval
of the Authority in writing, which shall not be unreasonably withheld, reduce its
shareholding below the entire subscribed and paid-up equity of the Concessionaire, after a
period of two years from COD of the Project, subject to it continuing to hold at least 26% of
the subscribed and paid-up equity of the Concessionaire till the end of Concession Period.
The Bidder further acknowledges and agrees that the aforesaid obligation shall be in
2.4.2
2.5
2.6
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2.6.1
Bidders are encouraged to visit and assess conditions at the Project site, prior to submitting
their Bids, in order to ascertain for themselves the traffic conditions, location, surroundings,
climate, availability of power, water and other utilities for construction, access to site,
handling and storage of materials, weather data, applicable laws and regulations, and any
other matter relevant for preparing the Bid and entering into the Concession Agreement.
2.6.2
The costs of visiting the Project site shall be at the Bidders own expense.
It shall be deemed, that by submitting a Bid, the Bidder has made a complete and careful
examination of the Bidding Documents set out in Clause 2.1 and all subsequent
2.7
2.7.1
amendments.
Verification and Disqualification
Notwithstanding anything contained in this RFP, the Authority reserves the right to verify
all statements, information and document submitted by the Bidder previously in response to
the RFQ, currently in response to the RFP or the Bidding Documents. Any such verification
or lack of such verification, by the Authority shall not relieve the Bidder of its obligations
2.7.2
or liabilities hereunder nor will it affect any rights of the Authority thereunder.
The Authority reserves the right to accept or reject any bid and to annul the bidding process
and reject all bids at any time prior to the award of the Concession Agreement, without
thereby incurring any liability to Bidders. In case of annulment, all bids submitted and
2.8
2.8.1
2.8.2
2.9
2.9.1
2.9.2
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Any Addendum issued shall be sent to all the Bidders of record. Any Addendum thus issued
12
will be published in E-Procurement website and the published details will be binding on the
2.9.3
Bidders.
In order to afford the Bidders a reasonable time for taking an Addendum into account, or for
any other reason, the Authority may, in its sole discretion, extend the Bid Due Date by
written notice sent to all Bidders of record. Information about extension of the Application
Due Date will be published in E-Procurement website.
C.
2.10
2.10.1
2.10.2
2.10.3
Bidder.
The Bidder shall exclusively use the Letter Comprising the Bid in Appendix I to enter the
amount in figures and words of his Bid in Indian Rupees as the Annuity required by the
Bidder to undertake the Project in accordance with this RFP and the Concession Agreement.
2.11
2.11.1
If there is discrepancy between figures and words, the amount in words shall prevail.
Sealing and Marking of Bids
The Letter Comprising the Bid, referred to in subparagraph 2.10.3 shall be submitted on the
E-Portal accompanied by scanned copy of the documents specified hereinafter. The
documents required shall include:
a)
b)
c)
it, and
if applicable, the Power of Attorney from each Member authorising the Lead
Member of Joint Venture in the format of Appendix IV (Power of Attorney for
d)
All documents of the bid submitted in electronic mode under this RFP shall be uploaded on
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2.11.3
2.11.4
2.11.5
2.11.6
2.12
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2.12.1
Bids shall be submitted in electronic mode in the E-Procurement portal, no later than the
date and time shown in Clause 1.3 as the Bid Due Date and at the address provided in
Clause 2.11.4 in the manner and form as detailed in this RFP. Physical submission of bids
shall be made no later than the date and time shown in Clause 1.3 as the Date of opening of
Bids and at the address provided in Clause 2.11.4 in the manner and form as detailed in this
RFP. Upon the Bidders request, a receipt thereof may be obtained from the person
2.13
2.14
2.14.1
submitted them.
Modifications/ Substitution/ Withdrawal of Bids
The Bidder may modify, substitute or withdraw its Bid after submission, provided that such
modification, substitution or withdrawal is processed through E-procurement Portal prior to
2.14.2
2.15
2.16
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15
2.17.2
2.17.3
mean a bank as defined under Section 2(e) of the Reserve Bank of India Act, 1934.
The Authority shall not be liable to pay any interest on the Bid Security.
The Bid Security of unsuccessful Bidders shall be returned by the Authority, without any
interest, as promptly as possible on acceptance of the Bid of the Selected Bidder and
issuance of the LOA or when the bidding process is cancelled by the Authority. In any case,
the Authority will endeavour to return the Bid Securities of unsuccessful Bidders, to the
address given in the Bid, within 30 (days) days following the expiration of the Bid Validity
Period. The Bid Security of the Selected Bidder shall be retained as set out in subparagraph
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2.17.4 and shall be extended at the expense of the Selected Bidder beyond the initial Bid
Security Validity period, as necessary, in accordance with the applicable requirements of the
2.17.4
Concession Agreement.
Until such time the Performance Security is provided by the Selected Bidder in accordance
with the applicable provisions of the Concession Agreement, the Bid Security of the
Selected Bidder shall remain in force and effect. Upon provision of the Performance
Security as stated hereinabove, the Authority shall release the Bid Security to the
2.17.5
Concessionaire.
The Bidder, by submitting its Bid pursuant to this RFP, shall be deemed to have
acknowledged and confirmed that the Authority will suffer loss and damage on account of
the withdrawal of its Bid or for other default by the Bidder during the Bid Validity period,
2.17.6
if the Bidder withdraws its Bid during the Bid Validity Period specified by the
Bidder in the Bid and as extended by mutual consent of the Bidder and the Authority;
b)
if, having been notified of the acceptance of its Bid by the Authority during the Bid
Validity Period and as extended by mutual consent of the Bidder and the Authority,
c)
if, the Selected Bidder fails or refuses to accept the LOA within 7 days as required
in this RIP ;
d)
if, the Selected Bidder fails or refuses to provide the Performance Security in
accordance with this RFP, or fails to extend the validity of the Bid Security, until the
Performance Security has been provided to the Authority;
e)
KRDCL
if, the Selected Bidder fails or refuses to execute the Concession Agreement.
17
3.
3.1
3.1.1
Opening of Bids
(a) The Authority shall open the Bids in public, in the presence of Bidders designated
representatives who choose to attend, at the address specified in subparagraph 2.11.4
and on the date and time specified in Clause 1.3 hereinabove.
(b) All bids shall be opened one at a time on the e-procurement portal, reading out the
name of the Bidder the Bid Price Annuity, the presence or absence of a Bid Security,
remittance of cost towards procurement of bidding document, and any other details as
the Authority may consider appropriate. Only bids that are opened and read out at bid
opening shall be considered further subject to fulfillment of test of responsiveness.
(c) The Authority shall prepare a record of the bid opening that shall include, as a
minimum: the name of the Bidder, the amount of the Bid Price Annuity as read out,
and the presence or absence of a Bid Security and any other details as the Authority
may consider appropriate. Each signed Letter Comprising the Bid, as per Appendix I,
shall be initialed by the authorised representatives of the Authority attending the bid
opening. The Bidders authorised representatives who are present shall be requested to
sign the record. The omission of a Bidders signature on the record shall not invalidate
the contents and effect of the record. A copy of the record shall be distributed to all
3.1.2
3.2
3.2.1
(d)
(e)
(f)
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18
(g)
An amount of Rs 5,00,000 (Rupees Five lacs only) is paid to the Authority through
Demand Draft towards cost of procuring bidding documents on or before the Bid
3.3
3.3.1
Opening Date.
Evaluation of Bids, Clarification of Bids and Award of the Concession Agreement
a) Provided that a Bid is found to be substantially responsive to the requirements of the
Bidding Documents, as summarized in Clause 3.2.1 above, the Authority may, at its
sole discretion, request that the Bidder submit the necessary information or
documentation, within a reasonable time period, to rectify nonmaterial nonconformities
in its Bid. The Authoritys request for clarification and the Bidders response shall be in
writing. No change in the Bid Price Annuity or substance of the Bid shall be sought,
offered or permitted. If a Bidder does not provide clarification of its Bid by the date and
time set by the Authority in its request for clarification, the Bidders Bid may be
rejected.
b) If a Bid is not substantially responsive to the requirements of the Bidding Documents,
as summarized in Clauses 3.2 and 3.3.1(a) above, the Authority shall reject it. It may
not be made responsive subsequently by correction of or changes in material deviations,
reservations and omissions, as set out in Clause 2.2.10.
c) Subject to the applicable provisions of the RFPs Disclaimer, the Authority shall award
the Concession Agreement to the Bidder (i) whose Bid is substantially responsive to the
requirements of the Bidding Documents , (ii) who was determined in the Qualification
Stage to be qualified to perform the Concession Agreement satisfactorily and (iii)
whose Bid Price requires the lowest Annuity amount for undertaking the Project, to be
determined by the Authority through evaluation and comparison of Bids in order to
arrive at the least cost combination for the Authority for WCP1, WCP3, WCP5, WCP6
and WCP7. An illustration of the evaluation is provided along with this RFP.
d) The opening of bids of all the five DBFOMT annuity projects will be conducted
concurrently.
3.3.2
After selection of the Lowest Evaluated Bidder, a Letter of Award (LOA) shall be issued,
in duplicate, by the Authority to the Selected Bidder. The Selected Bidder shall, within 7
(seven) days of the receipt of the LOA, sign and return the duplicate copy of the LOA in
acknowledgement thereof. In the event the duplicate copy of the LOA, duly signed by the
Selected Bidder, is not received by the stipulated date, the Authority may, unless it
consents in writing to the Selected Bidders request for an extension of time for submission
thereof, annul the LOA and appropriate the Bid Security of the Selected Bidder. In that
event, the Authority may, at its sole discretion, issue the LOA to the next lowest evaluated
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3.3.3
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4.
4.1
As per the World Banks policy on Fraud and Corruption which is applicable to this RFP,
the Borrowers (including beneficiaries of Bank loans), as well as Bidders, suppliers, and
contractors and their agents (whether declared or not), personnel, subcontractors, subconsultants, service providers or suppliers under Bank-financed contracts, are required to
observe the highest standard of ethics during the procurement and execution of such
contracts. 1 In pursuance of this policy, the World Bank:
(a) defines, for the purposes of this provision, the terms set forth below as follows:
(i) Corrupt practice2 is the offering, giving, receiving or soliciting, directly or
indirectly, of anything of value to influence improperly the actions of another party;
(ii) fraudulent practice3 is any act or omission, including a misrepresentation, that
knowingly or recklessly misleads, or attempts to mislead, a party to obtain a
financial or other benefit or to avoid an obligation;
(iii) Collusive practice4 is an arrangement between two or more parties designed to
achieve an improper purpose, including influencing improperly the actions of
another party;
(iv) Coercive practice5 is impairing or harming, or threatening to impair or harm,
directly or indirectly, any party or the property of the party to influence improperly
the actions of a party;
(v) Obstructive practice is
(aa) deliberately destroying, falsifying, altering or concealing of evidence material
to the investigation or making false statements to investigators in order to
materially impede a Bank investigation into allegations of a corrupt, fraudulent,
coercive or collusive practice; and/or threatening, harassing or intimidating any
party to prevent it from disclosing its knowledge of matters relevant to the
investigation or from pursuing the investigation, or
(bb) acts intended to materially impede the exercise of the World Banks
inspection and audit rights provided for under sub-clause 4.1(e) below.
(vi) will reject a proposal for award if it determines that the Bidder recommended for
award has, directly or through an agent, engaged in corrupt, fraudulent, collusive,
coercive or obstructive practices in competing for the contract in question;
KRDCL
21
(b)
will cancel the portion of the loan allocated to a contract if it determines at any time
that representatives of the Borrower or of a beneficiary of the loan engaged in corrupt,
fraudulent, collusive, or coercive practices during the procurement or the execution of
that contract, without the Borrower having taken timely and appropriate action
satisfactory to the Bank to address such practices when they occur;
(c) will sanction a firm or individual, at any time, in accordance with prevailing Banks
sanctions procedures6 including by publicly declaring such firm or individual them
ineligible, either indefinitely or for a stated period of time (i) to be awarded a Bankfinanced contract and (ii) to be a nominated 7 sub-contractor, consultant, manufacturer
or supplier, or service provider, or service provider of an otherwise eligible firm being
awarded a Bank financed contract. And
(d) shall be permitted to inspect any accounts and records and other documents relating to
the Bid submission and contract performance, and to have them audited by auditors
appointed by the World Bank.
1
In this context, any action taken by a Applicant, bidder, supplier, contractor, or any of its personnel, or its agents, or its
subcultants, sub-contractors, service providers, suppliers and/or their employees to influence the procurement process or
contract execution for undue advantage is improper.
another party refers to a public official acting in relation to the procurement process or contract execution]. In this
context, public official includes World Bank staff and employees of other organizations taking or reviewing procurement
decisions.
a party refers to a public official; the terms benefit and obligation relate to the procurement process or contract
execution; and the act or omission is intended to influence the procurement process or contract execution.
parties refer to participants in the procurement process (including public officials) attempting to establish bid prices at
artificial, non competitive levels.
a party refers to a participant in the procurement process or contract execution.
A firm or an individual may be declared ineligible to be awarded a Bank-financed contract upon completion of the Banks
sanctions proceedings as per its sanctions procedures, including inter alia: (i) temporary suspension or early temporary
suspension in connection with an ongoing sanctions proceedings; (ii) cross-debarment as agreed with other International
Financial Institutions, including Multilateral Development Banks; and (iii) the World Bank Group corporate administrative
procurement sanctions procedures for fraud and corruption
7
A nominated sub-contractor, consultant, manufacturer or supplier, or service provider (different names are used depending on
the particular bidding document) is one which has : (i) either been included by the bidder in its pre-qualification application or
bid because it brings specific and critical experience and knowhow that allow the bidder to meet the qualification requirements
for the particular bid; or (ii) appointed by the Borrower.
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5.
PRE-BID CONFERENCE
5.1
A Pre-Bid conference of the Bidders shall be convened at the designated date, time and
5.2
place set out in Section 1.3. Attendance of the Bidders is optional but highly encouraged.
During the course of Pre-Bid conference, the Bidders will be free to seek clarifications and
make suggestions for consideration of the Authority. The Authority shall endeavor to
provide clarifications in accordance with Section 2.8. Bidders are also encouraged to seek
clarifications from the Authority prior to or after the Pre-Bid Conference, in accordance
5.3
KRDCL
23
Dear Sir,
With reference to your RFP document dated *****, I/we, having examined the Bidding
Documents, including Addenda issued in accordance with this RFP Clause 2.9 and understood their
contents, hereby submit my/our Bid for the aforesaid Project.
1.
I/We hereby submit our Bid requiring an Annuity (fixed semi-annual payment) of
INR (Indian Rupees .... Only)
for undertaking the aforesaid Project.
2.
We offer to execute the Concession Agreement in conformity with the Bidding Documents
including the design, build, finance, operate, maintain and transfer of the aforesaid Project.
3.
I / We acknowledge that the Authority will be relying on the information provided in the Bid
and the documents accompanying the Bid for selection of the Concessionaire for the aforesaid
Project, and we certify that all information provided therein is true and correct; nothing has
been omitted which renders such information misleading; and all documents accompanying the
Bid are true copies of their respective originals.
4.
I/ We shall make available to the Authority any additional information it may find necessary or
require to supplement or authenticate the Bid.
5.
I/ We declare that:
(a) I/ We have no reservations to the Bidding Documents, including any Addendum issued
by the Authority.
(b) I/We, including any subcontractors or suppliers for any part of the Concession
Agreement, do not have any Conflict of Interest in accordance with Clauses 2.2.13,
KRDCL
24
nor are liable to be disqualified under the terms of Clause 2.2.14 of the RFP document.
(c) I/We hereby certify that I/ we, including my/our subcontractors or suppliers for any
part of the Concession Agreement, have not been declared ineligible by the World
Bank, under the laws or official regulations of India or by an act of compliance with
the United Nations Security Council. I/ we have taken steps to ensure that I/ we are in
conformance with the provisions of Section 4.of the RFP.
(d) The undertakings given by us along with the Application in response to the RFQ for
the Project, including our Technical and Financial Capacity, were true and correct as
on the date of making of the Application and are also true and correct as on the Bid
Due Date and I/We shall continue to abide by them. [If applicable] We specifically
acknowledge that the deficiencies which led to our being conditionally qualified were
fully corrected, before submitting this Bid.
6.
I/We declare that we/ any Member of the Joint Venture, or our / its Subsidiaries are/ is not a
Member of any other Joint Venture submitting a Bid for the Project.
7.
If I am/ we are notified by you that I/ we am/ are the Selected Bidder in accordance with the
RFP, I/ we understand that this Bid, together with your Letter of Award (LOA) shall constitute
a binding contract between us, until the Concession Agreement is executed. Furthermore, I/we
agree to enter into the Concession Agreement in accordance with the draft that has been
provided to me/us as part of this RFP, a copy whereof, initialed on each page by the authorized
signatory of the Bidder, is attached with this Bid. We agree to abide by the same.
8.
If I am/ we are notified by you that I am/ we are the Selected Bidder in accordance with the
RFP, we commit to obtain a performance security in accordance with the Bidding Documents.
9.
I/ We have studied all the Bidding Documents carefully and also surveyed the project highway
and traffic. We understand that the Authority has taken all reasonable measures to ensure that
the Bidding Documents listed in Clause 2.1 of this RFP are correct. Before taking part in this
bidding process, we have examined, understood and checked these Bidding Documents and
have ascertained that they contain no errors or other defects.
10. I/We enclose the Bid Security in conformance with the requirements set out in Clause 2.17 of
the RFP.
11. Our Bid shall be valid for a period of 120 (one hundred twenty) days from the Bid Due Date
shown in Clause 1.3 and shall remain binding upon us and may be accepted by you at any time
prior to the expiration of that period.
12. I / We acknowledge the right of the Authority, to suspend, cancel, modify, or amend the
Bidding Process, or accept or reject any Bid without incurring any liability to me/ us or any
KRDCL
25
other Bidder.
13. We have paid or will pay the following commissions, gratuities or fees with respect to the
bidding process or the execution of the Concession Agreement:
Name of Recipient
Address
Reason
Amount
[If none has been paid or is to be paid, please indicate none.]
In witness thereof, I/we submit this Bid under and in accordance with the terms of the
RFP document.
14. I/ We hereby certify that I/ we have taken steps to ensure that no person acting for me/ us on
our behalf will engage in bribery.
Yours faithfully,
Date:
Place:
(Signature, name and designation of the Authorised Signatory)
KRDCL
26
27
(i) our receipt of a copy your notification to the Bidder of the name of the successful Bidder; or (ii)
sixty days after the expiration of the Bidders bid.
Consequently, any demand for payment under this guarantee must be received by us at the office
on or before that date.
This guarantee is subject to the Uniform Rules for Demand Guarantees, ICC Publication No. 458.
[signature(s)]
Note: All italicized text is for use in preparing this form and shall be deleted from the final
product.
KRDCL
28
AND we hereby agree to ratify and confirm and do hereby ratify and confirm all acts, deeds and
things lawfully done or caused to be done by our said Attorney pursuant to and in exercise of the
powers conferred by this Power of Attorney and that all acts, deeds and things done by our said
Attorney in exercise of the powers hereby conferred shall and shall always be deemed to have been
done by us.
This Power of Attorney has been executed by the person(s) mentioned below pursuant to a resolution
dated [ ] passed by the Board of Directors of the Bidder/Lead Member company.
KRDCL
29
1.
2. Accepted
Notarised
Notes:
The mode of execution of the Power of Attorney should be in accordance with the
procedure, if any, laid down by the applicable law and the charter documents of the
executant(s) and when it is so required, the same should be under common seal affixed in
accordance with the required procedure.
Wherever required, the Bidder should submit for verification the extract of the charter
documents and documents such as a board or share holder resolution/power of attorney in
favour of the person executing this Power of Attorney for the delegation of power hereunder
on behalf of the Bidder.
For a Power of Attorney executed and issued overseas, the document will also have to be
legalised by the Indian Embassy and notarised in the jurisdiction where the Power of
Attorney is being issued. However, the Power of Attorney provided by Bidders from
countries that have signed the Hague Legislation Convention 1961 are not required to be
legalised by the Indian Embassy if it carries a conforming Appostille certificate.
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30
Whereas, it is necessary for the Members of the Joint Venture to designate one of them as the Lead
Member, who shall be the legal representative with all necessary power and authority to do for and
on behalf of the Joint Venture, all acts, deeds and things as may be necessary in connection with the
Joint Ventures bid for the Project and its execution.
KRDCL
31
accept the Letter of Award, participate in bidders and other conferences, respond to queries, submit
information/ documents, sign and execute contracts and undertakings consequent to acceptance of
the bid of the Joint Venture and generally to represent the Joint Venture in all its dealings with the
Authority, and/ or any other Government Agency or any person, in all matters in connection with or
relating to or arising out of the Joint Venture bid for the Project and/ or upon award thereof till the
Concession Agreement is entered into with the Authority.
AND hereby agree to ratify and confirm and do hereby ratify and confirm all acts, deeds and things
lawfully done or caused to be done by our said Attorney pursuant to and in exercise of the powers
conferred by this Power of Attorney and that all acts, deeds and things done by our said Attorney in
exercise of the powers hereby conferred shall and shall always be deemed to have been done by
us/Joint Venture.
This Power of Attorney has been executed by the person(s) mentioned below pursuant to a
resolution dated [ ] passed by the Board of Directors of the company.
IN WITNESS WHEREOF WE THE PRINCIPAL ABOVE NAMED HAVE EXECUTED THIS
POWER OF ATTORNEY ON THIS.......................................DAY OF.................... 20....
For....................................
(Signature, Name & Title)
Witnesses:
1.
2.
Notes:
The mode of execution of the Power of Attorney should be in accordance with the
procedure, if any, laid down by the applicable law and the charter documents of the
executant(s) and when it is so required, the same should be under common seal affixed in
accordance with the required procedure.
Wherever required, the Bidder should submit for verification the extract of the charter
documents and documents such as a board or share holders resolution/ power of attorney
in favour of the person executing this Power of Attorney for the delegation of power
hereunder on behalf of the Bidder.
For a Power of Attorney executed and issued overseas, the document will also have to be
legalised by the Indian Embassy and notarised in the jurisdiction where the Power of
Attorney is being issued. However, the Power of Attorney provided by Bidders from
countries that have signed the Hague Legislation Convention 1961 are not required to be
legalised by the Indian Embassy if it carries a conforming Appostille certificate.
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32
The Life Insurance Corporation of India, established under section 3 of the Life Insurance
Corporation Act, 1956.
ii) The Infrastructure Development Finance Company Limited, a company formed and
registered under the Companies Act, 1956 so repealed by the Companies Act 2013.
iii) specified company referred to in the Unit Trust of India (Transfer of Undertaking and
Repeal) Act, 2002
iv) The institutions notified by the Central Government under sub-section (2) of section 4A of
the Companies Act, 1956 so repealed under section 465 of Companies Act, 2013
Furthermore, this list is deemed to include such other institution as may be
notified by the Central Government in consultation with the Reserve Bank of
India.
KRDCL
33
Illustration
Award Decision based on financial capacity:
1.
The Total Project Cost of the five packages (Illustrative) are as below:
Project C
Project
D
Project E
100
110
200
140
90
25
27.5
50
35
22.5
Project A
Project B
Project C
Project D
Project E
27
32
33
34
35
30
31
32
29
33
61
63
64
65
66
48
49
50
51
52
25
26
24
23
27
From the above table, the least annuity quotes received for various packages, project-wise L1
bidders and their networth are as below;
L1 Bidder
L1 quote
Networth of the
L1 Bidders
4.
Project B
Bidder 1
Bidder 2
Bidder 3
Bidder 4
Bidder 5
3.
Project A
Project A
Project B
Project C
Project D
Project E
Bidder 1
27
Bidder 4
29
Bidder 1
61
Bidder 1
48
Bidder 4
23
100
60
100
100
60
(25+50+35) = 110
Networth of bidder 1
Inference
100
Networth
of bidder
Case-2:
Cumulative Networth requirement for
Project B and Project E
(27.5+22.5) = 50
Networth of bidder 4
Inference
60
Networth
of bidder
>
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Effective
Annuity
Project A
Project B
Project C
Project D
Project E
Bidder 1
Bidder 4
Bidder 1
Bidder 2
Bidder 4
27
29
61
49
23
Total
annuity
payout by
KRDCL
189
Effective
Annuity
Project A
Project B
Project C
Project D
Project E
Bidder 2
Bidder 4
Bidder 1
Bidder 1
Bidder 4
32
29
61
48
23
Total
annuity
payout by
KRDCL
193
Effective
Annuity
Project A
Project B
Project C
Project D
Project E
Bidder 1
Bidder 4
Bidder 2
Bidder 1
Bidder 4
27
29
63
48
23
Total
annuity
payout by
KRDCL
190
Decision: Scenario 1 leads to least annuity payout for KRDCL at programme level, and hence
Bidder 1 is awarded Project A and Project C, and Project D awarded to Bidder 2
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35