pre-bid meeting presentation - indian railways
TRANSCRIPT
Re-Development of 26,516 Sqm. Railway Staff Colony land ,
at Guwahati Railway Station
Pre-Bid Meeting Presentation 30.08.2019 & 03.09.2019
Re- Development of 26,512 Sqm. Railway Staff Colony Land , at Guwahati Railway Station Page 1
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About RLDA
▸ Railway Act 1989 amended in 2005 to establish RLDA – a Statutory Authority under
Ministry of Railways for Commercial Development of vacant railway land for
generating revenue (required by Railways for up-gradation/maintenance of its
network) by non-tariff measures. This amendment essentially contains the
following provisions:
▸ RLDA became functional on 19th Jan 2007 after notification of RLDA (Constitution)
Rules, 2007
▸ Railway Act 1989, Chapter (IIA), Article 4D states function of the Authority as
follows:
▸ Shall discharge such functions and exercise such power of central government
in relation to development of railway land, for commercial use, assigned by
the central government;
▸ Has power to enter into agreement and execute contract for the above.
▸ Section 11 of the Railways Act, which empowers the railway administrations to
execute various works required for the purposes of constructing and maintaining a
railway has also been amended to include, vide sub-clause (da), “developing any
railway land for commercial use”.
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About ADROIT & CO and RSP Advisors (Financial & Marketing Consultants)
# Area of Experience
ADROIT & CO and RSP Advisors (Consortium)
Financial & Marketing Consultants
Years /
No. of
Projects
Value of the
Project(s)
(Rs. In Crores)
Raj Kumar Dua, ADROIT & CO, Chartered Accountants, New Delhi (33 years, Since 1986)
(Valuation, Financial Modelling, Transaction Advisory, Marketing and Financial Close of Projects on PPP Mode)
1 Real Estate Sector: Since 2003
a) Rail Land Development Authority (RLDA), Monetisation of Railway Land
b) Raipur Development Authority (RDA), Multiplex cum Mall
c) Raipur Municipal Corporation (RMC). Multiplex cum Mall
d) Other similar projects for Municipal Corporations of Chhattisgarh State
Since 2003
25 Nos.
1 No.
1 No.
3 Nos.
Approx. 4,500
4 – 2000
350
200
50 – 150
2 Infrastructure Sector (Rail, Metro, Road, Air, Shipping & Tourism): Since 2005
a) Road & Highways (for NHAI, MORTH & NHIDCL) on BOT, HAM, EPC &Toll
b) Railway Station Development (RITES), Monetisation of Commercial Land
c) Inter-State Bus Terminal (RMC)
d) Metro Projects (RITES), Non-Fare Box Revenue Assessment along with TOD
e) River Cruise Liner (MAHABAAHU – JV of FHTPPL & ATDC)
f) Amusement cum Water Park (RMC & RDA)
g) Entertainment & Recreation Centre (RMC, KMC & RMC)
h) Parking cum Commercial (RMC)
i) Navi Mumbai Transit Oriented Development (IRCON), CBD Belapur & Juhi etc.
j) Policy Document for Institutional Land Allotment (NRDA)
Since 1995
32 Nos.
8 Nos.
1 No.
4 Nos.
1 No.
2 Nos.
3 Nos.
1 No.
Approx. 23,000
2 – 1400
100 – 700
35
1000 – 3000
25
300 – 500
20 – 50
40
3 Power Sector (Generation, Transmission, Distribution & Regulatory): Since 1986
a) Power Generation (UMPP – Domestic & Imported Coal base)
b) Power Transmission (WR & WRNR) for PFCCL
c) Distribution (Conversion of Street Lights into LED) for TNEB
d) Unbundling of Meghalaya State Electricity Board for PFCCL
e) Regulatory Assignments for DERC & MPERC
f) Various others Assignments for NTPC, PGCIL, SJVNL, UHBVNL, HVPNL, CSEB, PSEB, BCPP etc.
Since 1986
2 Nos.
2 Nos.
1 No.
1 No.
4 Nos.
8 Nos.
Approx. 53,000
24000 – 25000
1600 – 2000
100
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About ADROIT & CO and RSP Advisors (Financial & Marketing Consultants)
Rana Sanjay Prasad, RSP Advisors, Gurugram (24 years, Since 1995)
(Development Appraisals, Acquisitions & Dispositions, Fund Raising, Asset Monetization, Valuation, Transaction Advisory, Marketing of
Real Estate Projects)
Sanjay was the head of the real estate business of the fortune 100 corporate - Johnson Controls (JCI) in West Asia region, where he
managed CRE portfolios of global corporations (including JCI). He also held national leadership positions with Ascendas (a Temasek
Singapore company) & Cushman & Wakefield.
He has created new ventures ground-up for the past 17 years in large MNC environments & as an entrepreneur. He has performed:
Strategic & Transaction advisory on over 100 marquee real estate & infrastructure projects covering residential, office, retail,
industrial parks, metro, airports, SEZs etc involving over 7,000 acres totally.
Corporate real estate transaction management of about 2.5 million sq. ft. built space across over 170 properties with annual
budget of over Rs. 200 crores.
Land acquisitions with development potential of over 25 mn sq. ft. BUA and investment advisory for 100 mn USD deployment as
private equity.
Investment acquisitions of over 1.5 mn sq. ft. built space totally with aggregate investment of around 800 crores.
Currently supporting RLDA on about 25 land monetization projects as transaction advisor. Aggregate value: > 3,000 crores
He is a Civil Engineer and has a management degree in Finance. He is also an eminent elected member (MRICS) of the Royal Institution
of Chartered Surveyors (RICS), U.K.
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Site Location & Development Precincts
• ZONE- Public & Semi-Public
• LAND AREA – 26,516.42 sq. m (as per survey plan),
• Basic FSI – 1.50, Additional FSI Potential – 0.75, Effective FSI – 2.3379
• BOUNDRIES – to be carved out from existing Railway Colony.
• This site is located in
Central Guwahati at
Distance of 0.2 kms from
the Guwahati Railway
Station besides RBI
building on GNB road &
ARB road.
• The site is generally plain
land with excellent
connectivity with the
whole city.
• The site has a frontage of
250 m on GNB road & ARB
road, an important road.
• The site is located near
Kamrup district
collectorate and cotton
college area.
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Site features
• The available railway site is bounded by
- Railway Colony and Road in the west.
- Railway Colony and Road in the east.
- GNB & ARB Road in the north &
- Railway Station Building in the south.
• Key Distances to major Landmarks:
Residential developments: within 0.2 Km to 5 Km
Guwahati Railway Station: 0.2 Km
Guwahati Airport: 21.8 Km
Retail / Commercial developments: within 1 - 2 km
Pan Bazaar: 0.7 Km
Fancy Bazaar: 1.1 Km
Paltan Bazaar: 0.5 Km
GS Road: 3.3 Km
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Guwahati – Land use map
SITE
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Development Intensity Zone
The site fall in High Intensity Zone, and would have no height restriction as per development bye laws.
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Guwahati – Ward map
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Colony Site – Survey Map
A
B
C
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Area Statement, Railway Re-development Area & Cost & Effective FSI
• The minimum acceptable specifications are as per Part-V and in case of any omission, the specification given
in Ministry of Railway letter dated 11.12.2013 or CPWD Specifications are to be followed in that very order.
• Type-II and Type-III (78 No. of Dwelling Units each) Multi-storied Residential Buildings (with lifts) ready to
move for Railway staff, as per plinth area norms & specifications* given in Schedule-V including related
construction and parking spaces as per provision of Guwahati Building Construction (Regulations) Byelaws,
2014 (as amended from time to time).
• 36 (Thirty Six) months from the date of Handing over of the Assets to Railway through RLDA. After that
Railway shall bear all expenses related to maintenance of Mandatory and Redevelopment Works
• Railway Service Buildings and Common Facilities of 1000 Sqm.
• The estimated cost of Railway Redevelopment Assets is Rs. 33.02 Crore
A Gross Area of the Plot 26,516.42 Sqm
B Area along GNB Road considered for its proposed widening: (270 m x 5 m) 1,350 Sqm
C Net Plot Area considered for FAR calculations 25,166.42 Sqm
D Area Earmarked for Redevelopment for the Railways 8,602.57 Sqm
E Net Area to be Leased to the Selected Bidder 16,563.85 Sqm
F Basic FAR of the Plot 1.50
G Maximum Permissible FAR 2.00
H Built Up area utilizing basic FAR: (C x F) 37,749.63 Sqm
I Additional Built Up Area for the FAR available due to road widening: (3 x B) 4,050 Sqm
J Total Built up area without Premium FAR 41,799.63 Sqm
K Maximum FAR potential of plot: (C x G) 50,332.84 Sqm
L Built Up area to be utilized for Redevelopment Project 11,608 Sqm.
M Net Built up area available for the Selected Bidder: (K – L) 38,724.84 Sqm
N Effective FAR utilization for Railway Redevelopment portion: (L÷ D) 1.3494
O Effective FAR available for the Selected Bidder: (M ÷ E) 2.3379
P Railway Land portion of Transferable Development Rights (TDR) considered to avail for utilization of Full FAR Potential of land: (O – G)
0.3379 Say 0.34
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Site Handing Over Schedule
SN. Phase Detail of land to be handed over Handover Date
(i) Phase-I
Land area of Pocket A (earmarked
for Railway Redevelopment Assets)
involving 13 Ty-I qtrs of in Block
nos. T/37, SE/1, SE/3, & L/61 and 7
Ty-II qtrs in Block no. T/38-39, E/4,
DG/55 & T/16)
On fulfillment of
Conditions Precedent
as per the provisions of
Article 4 of Part II
(GCLA) of this RFP
and after vacation of
the mentioned qtrs.. Land area of Pocket-C (earmarked
for leasing to the Lessee) involving
7 Ty-I qtrs of in Block nos. T/14 &
C/17 and 17 Ty-II qtrs. in Block no.
DS/30-31 & T/20)
(ii) Phase-II
Remaining land area of Pocket-A
(earmarked for Railway
Redevelopment Assets)
Within 180 days from
the date of handing
over of Redevelopment
Assets by the Lessee
to RLDA
Remaining area of Pocket- C
(earmarked for leasing to the
Lessee)
Land area of Pocket-B (earmarked
for leasing to the Lessee)
1. RLDA shall hand over the Site to the Lessee on “as-is-where-is” basis as per above schedule.
2. In the event of delay in handing over of Phase-II Land area mentioned above by RLDA beyond the schedule
stipulated above, the Lessee shall be entitled to recover liquidated damages from RLDA, in accordance with the
provisions of Clause 14.2.3 of Part II (GCLA) of this RFP.
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Developments Permissible
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Developments Permissible
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Site Photographs
Entry to site
Station
Entry
Station road
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Site Photographs
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Site Photographs
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Strengths & Opportunities
STRENGTH
The site lies in front of Guwahati railway station.
The main city markets like paltan bazaar, pan bazaar and fancy bazaar are all nearby.
The city district centre, district court are all nearby.
The site has frontage of approximately 500 m in perimeter. out of this 250m is at GNB road.
There is no such land piece available nearby the site.
The site has excellent road & rail connectivity. public transport is readily available.
There is no major commercial or residential project proposed / upcoming in the nearby area. major commercial developments are coming up in GS road area.
Residential development is proposed in jalukbari, ganeshguri etc.
Infrastructure in form of transportation network, social facilities, industrial growth, dense population, hospitals, schools& colleges etc. are all available, suitable for driving commercial activity.
OPPORTUNITY
This area has well established government complex. it has RBI building / office, railway office, city government office.
The site has potential to be developed as multi storied group housing / commercial / retails / budget hotel / offices conforming to public & semi-public usage for providing several much needed amenities to the nearby residential areas.
This project can come up as a model mixed use residential development with some portion of retail, offices and hospitality.
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Applicable Development Control Norms
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Salient Features of Bid Documents & Lease Terms of Bid Documents & Lease Key Specific Provisions
- 99 years from signing of lease agreement
- Ownership of land to remain with
Railways through out the lease term
- Existing Land use is “Public & Semi-Public” which can be
used for Residential & Commercial development, as per
applicable development control norms
- Site hand over within 30 days of signing
of Agreement.
- Design, construction, financing, operation
and maintenance of the project by
Lessee
- Land along with assets thereon to revert back to Railway after
expiry of Lease Term.
- Completion period for all phases of re-development including
commercial development is six years & six months with
applicable extension provisions, as applicable
- Lease agreement to be signed on 25%
land premium payment
- SPC to be formed within 90 days of issue
of LOA
- Agreement only with a new SPC to be incorporated by the
Selected Bidder for implementation of the project.
- Down payment of 25% of quoted lease
premium
- Balance in 3 yearly installments of 25%
each along with 12% pa interest
- Interest would apply on all outstanding
land payments. To be paid alongwith
installments.
- Bids are invited for effective FSI of
2.3379 on the land
- The Developer can pay full land premium
amount in one installment.
- 1st installment of lease premium within 60 days of LOA .
Another 60 + 30 day extension provision with interest as per
bid document.
- Rs. 1,00,000/- per annum of the Lease Premium and the same
shall automatically be revised upwards by 15% every three
years (to be compounded). The first revision effected from the
beginning from the 4th year from the date of first Annual Lease
Rent payment.
- License Fee of Re.1/- per year for Railway Re-development
portion of Land
- In case any variation in the area of Site is found at the time of
handing over possession of the Site, the Lease Premium shall
be adjusted on pro-rata basis on the actual area of the Site .
Lease Period
Agreement Signing
Lease Premium,
Annual Lease Rent &
License Fee Payments
Project Development
1
2
3
4
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Salient Features of Bid Documents & Lease….contd..
Terms of Bid Documents & Lease Key Specific Provisions
- Built-up spaces can be sub-leased but sub-leasing of land
as such is not allowed.
- Controlled and regulated marketing rights proportionate to
% lease premiums paid. 100% right in case BG/Escrow is
given for balance amount other than down payment.
- Marketing through sub-lease mechanism
- Developer shall not create any 3rd party
rights on the land.
- No mortgage of land, mortgage of project is permitted
- Substitution rights through Substitution Agreement
- Defined Substitution & Termination
Payments
- Same Bank can provide B.Gs, be the
Bank & provide debt to the Developer
simultaneously
- Bidding entities to have 99.9% equity in new SPC before
agreement
- 50% equity in SPC after signing of agreement
- 100% exit on payment of full lease premium and after
construction + 1 Year
- If consortium, lead member to hold 26% till
construction completion.
- SPC has to have a minimum paid up share
capital requirements of 3.75 Crores.
Debt Raising
Marketing Rights
Equity
Lock-in
5
6
7
Success Fees to RLDA
Consultants
8
a) Stage – I
25% of the amount of Success Fee within 30 days of issue of
LOA by RLDA to the selected bidder.
b) Stage – II
75% of the amount of Success Fee on signing of the Lease
Agreement with the Lessee.
- RLDA has appointed a Financial &
Marketing consultant M/s ADROIT & CO,
Chartered Accountants and RSP Advisors
(Consortium) for assistance to RLDA in
marketing the Sites.
- The Selected Bidder shall pay a Success
Fee to RLDA‟s Consultant through RLDA
for each site separately
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Salient Features of Bid Documents & Lease….contd.. Terms of Bid Documents & Lease Key Specific Provisions
- Single project area of 12,100 Sqm
OR
- Cumulative Built-up area of Multiple projects 60,500 Sqm
- From Real estate project (Residential,
Commercial, Township or Institutional
etc.) during the last 10 (ten) years
9
Technical Qualification
(1 real estate project)
10
Terms of Bid Documents & Lease Key Specific Provisions
- Minimum Average Annual Total/Gross Turnover in last 3 financial
years i.e. 2016-17, 2017-18 & 2018-19 of Rs. 25 Crore
OR
- Net worth of the Bidder as on 31.03.2019 of Rs. 25 Crore
- From any Business
Financial Qualification
Terms of Bid Documents & Lease Key Specific Provisions
- The amount of bid Security for the Site is Rs. 1 Crore
- In the instant bid payment of Commitment Security is not
applicable.
11 Bid Security & Commitment
Security
12
Terms of Bid Documents & Lease Key Specific Provisions
- The Escrow Account is applicable for the subject site as per
SCLA Part-IV
Escrow Agreement
Terms of Bid Documents & Lease Key Specific Provisions
- Lessee/Developer is required to re-development portion of land
as detailed in Part-V of RFP at his own cost ready to move
railway staff quarters.
- Currently, there are total 153 railway staff quarters & one store
building of Railway Recruitment Centre (RRC) office within the
site along with other miscellaneous utilities and structures.
- Total 156 (Type-II=78 nos. & Ty-III=78
nos.) along with other utilities &
buildings
Re-development Works 13
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Bidder & their Eligibility Bidder
The Bidder is defined as under in LDHB Part-I:
An Individual (Proprietary Firm will fall under this category)
A Registered Limited Liability Partnership (LLP)
A Registered Co-operative Society
A Registered Trust
A Public or Private Limited Company (Duly Registered in India or Abroad)
Partnership Firm is not allowed to participate as such while the Partner (s) can bid as
Individuals or may form a Consortium (explained in next slide)
Eligibility of Consortium Member
1. The member of the Consortium should be one as per the definition of the Bidder as above.
2. The Technical and Financial eligibility of the Consortium Members can be considered provided
they hold at least 10% and 26% of the equity respectively in the bidding consortium entity.
3. The Lead Member of the Consortium must have a minimum of 50% of the Financial Eligibility
Participation by Bidder
The Bidder can participate either as an Independent Individual Entity or can form a Consortium of
not more than 4 such Entities/Individuals, subject to fulfillment of Consortium requirements as per
LDHB Part-I.
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Claiming Technical and and Financial Experience as Eligibility
Clause 3(d) of Regulations for Bids and Lease Agreements (Part-I of RFP) may be read as under:
Experience of Holding / Subsidiary Company / Entity
Technical Experience:
Technical experience of a direct holding/subsidiary company/entity (having ownership of or being owned by,
as the case be, by more than 50%) of a Bidder/Member can be considered in full for determining the Technical
Eligibility of the Bidder provided such a holding/subsidiary company/ entity furnishes an undertaking for
supporting the Bidder in the specified Bid Form(s). In case the parent and subsidiaries are both foreign
companies, the definition of the holding/subsidiary relationship as per the Companies Act 2013 will apply.
Financial Experience:
Financial experience of direct holding/subsidiary company/entity (having ownership of or being owned by, as
the case be, by more than 50% (fifty per cent) shareholding and voting rights of such company / entity), of a
Bidder/Member, can be considered to the extent of percentage shareholding and voting rights in such
company / entity provided such a holding/subsidiary company/entity furnishes an undertaking for
supporting the Bidder in the specified Bid Form(s). In case the parent and subsidiaries are both foreign
companies, the definition of the holding/subsidiary relationship as per the Companies Act 2013 will apply.
Experience of Holding/Subsidiary Entity
Partner (s) of the Partnership Firm can participate either as Individuals or form a Consortium
The Technical and Financial Eligibility of the Partnership Firm can be considered as the experience of the
Partner (s) in proportion to their respective stake in the Partnership Firm, for such Bidder/Member of the
Consortium, provided the Partnership Firm submits an undertaking to support the Bidder in the Bid Form – 9A
and 10 A and fulfill all other requirements as mentioned in Part-III.
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Claiming Technical and and Financial Experience as Eligibility
For clarity of Part-III (ITB Bid Form-4) and this RFP:
(a) term “Total/Gross Turnover” shall have the following meaning:
“Total/Gross Turnover” means, the gross amount of revenue, from the Bidder / Member of Consortium,
duly recognized in the audited Profit and Loss Account from the sales and/or supplies and/or
distribution of goods and/or on account of services rendered, and/or all other incomes, by a
Bidder/Member of Consortium during a financial year in the ordinary course of such activities /
business(s) and as certified by its / their Statutory Auditors as per format in Bid Form-4.”
(b) term “Net worth” shall have the following meaning:
“Net Worth” shall mean (Subscribed and Paid up Equity Capital (not to include any Share Application
Money/Preference Share Capital) including Equity/Security Premium+ General Reserves) Less
(Revaluation Reserves + Accumulated Losses + Miscellaneous Expenditure not written off + Accrued
Liabilities not accounted for + Intangible Assets).
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Other Bid Provisions Bid Variable
The only bid variable would be the “Lease Premium” along with Re-development at his own cost.
TDS and Taxes
1. TDS : No TDS shall be deducted by developer from payments to RLDA , as RLDA is exempted
from TDS.
2. Taxes: Any incidence of tax such as GST, property tax etc shall have to be paid by the developer.
Success Fee
The Selected Bidder shall pay success fee to the transaction advisors of RLDA i.e. Consortium of
M/s ADROIT & CO and M/s RSP Advisors but through RLDA as per the terms and conditions
specified in bid documents.
Document Fees
The bid document fees is Rs. 50,000/- plus GST @ 12%, total Rs. 56,000/-.
Bid & Commitment Security
The bid security is Rs. 1.0 Crore and there is no commitment security.
Minimum Share Capital of Special Vehicle Company (SPC)
The minimum share capital required by the SPC is Rs. 3.75 Crores.
Reserve Price
The Reserve Price for Lease Premium on land area of 16563.43 Sqm. With effective FAR of 2.3379 is
Rs. 75 Crore.
Bidder’s need to make their own self assessment and due-diligence of the site (s) they wish to bid along with
the provisions applicable under DCR norms & Re-development works, RLDA, their employees & Consultants
shall not be responsible for accuracy, reliability or completeness of the information in this Bid Document.
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Other Bid Provisions
S. No. Particulars
Cover-1 (To be uploaded on online portal) by 23.10.2019 up to 1500 hrs. (due date & time)
1. Signed and scanned copy of instructions issued to bidders (RLDA LDHB Part - I & II), (RLDA LDHB Part III), SCLA [RLDA LDHB Part-IV], Schedules and Specifications [RLDA LDHB Part-V]
2. Duly filled up and digitally signed Checklist of documents as per format;
3. Duly digitally signed Instructions to Bidders;
4. Duly filled up and digitally signed/executed Bid Forms 1 to 11 as applicable;
5. Digitally Signed Form Nos 13 to16;
6. The copy of receipt of Bid Document fee, or the Bid Document Fee in the Form specified at Clause2.1.4;
7. Duly digitally signed Documents required on Constituents and shareholders to establish that the Bidder does not have a conflict of interest;
8. Bid document fee to be paid online as per Clause 2.2, (if not paid online) – scan copy of instrument of Bid document fee.
9. Bid Security to be paid online as per clause-7.0, (if not paid online) scan copy of instrument of bid document fee.
Bid Forms 1 to 11 (as applicable) also need to be submitted in physical form to RLDA
office by 30.10.2019 up to 1500 hrs. (due date & time)
S. No. Particulars
(Uploaded on online portal only) by 23.10.2019 up to 1500 hrs. (due date & time)
1. Financial Proposal in Online Form only (Form 12)
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Applicable Bid Documents
Land Development Handbook (LDHB)
LDHB Part I
Regulation for Bids and Lease
Agreements
LDHB Part II
General Conditions of Lease Agreements
LDHB Part III
Instructions to Bidders and Bid
Forms
LDHB Part IV
Special Conditions of Lease Agreement
LDHB Part V
Schedule and Specifications
Non-Variable Documents Variable Documents
- General guidelines
covering eligibility
condition,
document
requirements
- Consortium
requirements,
conflict of interest,
SPC requirements
etc.
- Bid preparation
and submission
guidelines, bid
security, equity
lock-in etc
- Lease conditions
covering security
deposit, lease
premium, lease rental
- Rights and obligations
of lessee, Development
& marketing,
subleasing
- Maintenance,
construction timelines
etc
- Events of default and
liability
- Substitution &
termination
- Format of escrow,
substitution and lease
deed
- Instruction on bid
submission, bid
documents
- Eligibility, payment
schedule, bid
security etc.
- Lease agreement,
SPC instructions
- Bid Forms for
eligibility, POA,
bidding, financial
proposal
- Consortium
agreement, BG,
performance
guarantee etc
Special conditions that
would prevail over the
general conditions
- Site plan and
drawings
- Schedule of
assets
- Site description
- Inventory at site
- General
specification of
mandatory works
- Schedule of
mandatory works
- Important
notifications
impacting
development at site
- Drawing of
mandatory works
Bidders need to digitally sign part III, IV and V. RFP Response should be as per prescribed format
utilizing the forms provided in part III.
Re- Development of 26,512 Sqm. Railway Staff Colony Land , at Guwahati Railway Station Page 28
06-09-2019
Privileged & Confidential
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E-tendering Process Detailed description of the following is given in Vender Help Manual & E-tendering steps. These can be
downloaded from www.tenderwizard.com/RLDA under “Register Me” tab
Re- Development of 26,512 Sqm. Railway Staff Colony Land , at Guwahati Railway Station Page 29
06-09-2019
Privileged & Confidential
ADROIT - RSP ADVISORS
E-tendering Process Detailed description of the following is given in Vender Help Manual & E-tendering steps. These can be
downloaded from www.tenderwizard.com/RLDA under “Register Me” tab
Re- Development of 26,512 Sqm. Railway Staff Colony Land , at Guwahati Railway Station Page 30
06-09-2019
Privileged & Confidential
ADROIT - RSP ADVISORS
30th of August 2019 & 03rd September 2019 from 11 am
Pre-Bid Meetings at New Delhi & Guwahati
9th of September 2019 UP TO 6 pm Last Date of Receiving Pre-Bid Queries
19th of September 2019 Last Date of issuance of Amendments to RFP, if any
23rd of October 2019 UP TO 2 pm Last date/time of downloading E-bid document
23rd of October 2019 UP TO 3 pm Last date/time for Bid Submission
30th of October 2019 UP TO 3 pm Last date/time for physical submission of bid forms
30th of October 2019 AT 3:30 pm Date/time for Bid Opening
Key Dates to Remember for Bidding
Re- Development of 26,512 Sqm. Railway Staff Colony Land , at Guwahati Railway Station Page 31
06-09-2019
Privileged & Confidential
ADROIT - RSP ADVISORS
Issuance of LoA by RLDA To the Highest Bidder with responsive bid
Payment of 1st Instalment of Lease Premium
25% of the Lease Premium Within 60 days from LoA
Incorporation of a new SPC for implementation of this project
Within 90 days from LoA
Execution of Lease Agreement Within 120 days from LoA subject to fulfilment of condition precedents
Payment of Balance Lease Premium
In 3 equal yearly installments of 25% each on or before the anniversary date of last installment paid
Site Handing over & Railway Staff Quarters Redevelopment
As prescribed in Part-V
Other Milestones
Mr. R.K. Dua & Mr. Rana Sanjay Prasad
ADROIT & CO & RSP ADVISORS
Project Financial & Marketing Consultants, New Delhi
M: 09811113130 and 09873567115
E: [email protected] and [email protected]
Mr. Sunil Verma
General Manager
Tel: (011) 24674315
M.: 09717631055
Mr. Jatinder Kumar
DGM/(P-II), RLDA
Tel: (011) 24102062
M.: 09717631068
e-mail: [email protected]
Rail Land Development Authority (RLDA)
Fax:011-24104793
Website: www.rlda.indianrailways.gov.in
ADROIT - RSP ADVISORS Financial & Marketing Consultants,
New Delhi