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Page 1 of 48
TAMILNADU INDUSTRIAL DEVELOPMENT CORPORATION LIMITED
Selection of Consultant for preparation of Techno Economic Feasibility Report, Master Plan and
providing Transaction Advisory Services for establishing Fin Tech City
Pre Bid Meeting held on 17.03.2019 at 3.30 pm at TIDCO
Pre Bid - Responses /Clarifications to the queries
Sl.
No.
Reference
as per RFP
Contents of RFP Queries received from the prospective
bidders through email/letter
TIDCO’s
Clarifications/Replies
BIDDER -1
1. Section --5
Eligibility
Criteria and
Evaluation
Methodology
Clause --1
Sub-Clause
1. Minimum
Qualification
Criteria for
Evaluation
Page no --22
Tender clause
iv. Similar work experience in last five
years:
a) The Bidder should have experience of
at least three (3) similar
projects(Preparation of EFR/ DFR / DPR
and Master Plan involving detailed
market demand assessment,
Architectural Master Plan and Conceptual
design, Project & financial structuring,
business plan, financial modeling etc.,)
related to development and operations of
real estate infrastructure project in the
nature of large premium Industrial
Estates, Special Economic Zones, Hotels,
Convention Centres, Technology Parks,
Information Technology Parks, Office
Space, Commercial Space, Modern
Townships with each project involving
capital investment (Project Cost
excluding the cost of land), not less than
Rs. 500 crore during the last five (5)
financial years ended 31.03.2019. This
We request the Authority to allow bidders to
showcase ongoing assignments across the different
categories as projects of similar nature exhibit long
execution periods.
Typically, client certificates are concise documents
and do not have aspects such as Fee, Duration,
Scope, etc. (On the other hand, certain clients put
constraints on Consultants as a part of Non-
Disclosure Agreements from sharing any such
information with external parties.)
Therefore, we request the Authority to allow
bidders to submit CA certification for eligible
assignments which clearly state that the project
has been undertaken and fee in lieu of the work
executed has been received.
Ongoing assignments will not be
considered for technical
evaluation.
The work order /LoA/ Contract
agreement along with work
completion certificate by the
client or CA certification for proof
of 100% payment made by
Client for each eligible
assignment shall be considered
for technical evaluation.
Page 2 of 48
Sl.
No.
Reference
as per RFP
Contents of RFP Queries received from the prospective
bidders through email/letter
TIDCO’s
Clarifications/Replies
consultancy assignment should
necessarily be for a project in India.
And
b) The Bidder should have experience in
providing Transaction Advisory services
to atleast two (2) infrastructure projects
with project cost not less than Rs. 500
crore each, during the last 5 financial
years ended 31.03.2019.
1.2 The eligible consultants shall be
required to submit self-attested copies of
the following along with their Proposal:
i. Documents verifying the claim as per
above including the appointment letter/
work order /
Contract agreement and letter of
successful work completion from the
Client.
2. Section –5
Eligibility
Criteria And
Evaluation
Methodology
Sub-Clause
2. Selection
Process
Page no --24
Tender Clause
2.1 Technical Evaluation Criteria
(I) Specific Experience of the Consulting
Agency Experience in Preparation of
TEFR/DFR/DPR and Master Planning
involving detailed market demand
assessment, Architectural Master Plan
and Conceptual design, Project &
financial structuring, business plan,
financial modeling etc.,) related to
development and operations of real
estate infrastructure project in the
We request the Authority to allow bidders to
showcase ongoing assignments across the different
categories as projects of similar nature exhibit long
execution periods. Typically, client certificates are
concise documents and do not have aspects such
as Fee, Duration, Scope, etc. (On the other hand,
certain clients put constraints on Consultants as a
part of Non-Disclosure Agreements from sharing
any such information with external parties.)
Therefore, we request the Authority to allow
bidders to submit CA certification for eligible
assignments which clearly state that the project
Please refer to the reply to the
query in sl.no.1 above
Page 3 of 48
Sl.
No.
Reference
as per RFP
Contents of RFP Queries received from the prospective
bidders through email/letter
TIDCO’s
Clarifications/Replies
nature of large premium Industrial
Estates, Special Economic Zones, Hotels,
Convention Centres, Parks
has been undertaken and fee in lieu of the work
executed has been received.
3. Section –5
Eligibility
Criteria And
Evaluation
Methodology
Sub-Clause
2. Selection
Process
Page no --24
2.1 Technical Evaluation Criteria
(II) Experience in providing Transaction
Advisory services to infrastructure
projects with project cost not less than
Rs. 500 crore each, during the last 5
financial years ended 31.03.2019.
a. 10 marks for fulfilling minimum
qualification criteria given above. (2
Projects)
b. Additional projects – 2.5 marks for
each project more than 2 eligible
projects -15
(Note- The project claimed for additional
marks should not be same)
We request the Authority to allow bidders to
showcase ongoing assignments across the different
categories as projects of similar nature exhibit long
execution periods. Typically, client certificates are
concise documents and do not have aspects such
as Fee, Duration, Scope, etc. (On the other hand,
certain clients put constraints on Consultants as a
part of Non-Disclosure Agreements from sharing
any such information with external parties.)
Therefore, we request the Authority to allow
bidders to submit CA certification for eligible
assignments which clearly state that the project
has been undertaken and fee in lieu of the work
executed has been received.
Please refer to the reply to the
query in sl.no.1 above
4 EOI Submission Date
Project of such measure require formulation of a
world class team of consultants comprising Team
Leader, Legal and Financial expert(s) along with
the support staff, which needs meticulous scrutiny
and due diligence of the team partners. Owing to
the same we request the authority to consider
extending the last date of the submission of the bid
by at least 15 working days from the date of
receiving clarifications from the Authority. We
would appreciate your positive response.
Last date for submission of
bid has been extended on
06.05.2020
Page 4 of 48
Sl.
No.
Reference
as per RFP
Contents of RFP Queries received from the prospective
bidders through email/letter
TIDCO’s
Clarifications/Replies
BIDDER-2
5 Section 5:
Eligibility
Criteria and
Evaluation
Methodology
Clause (2.1)
Page No. 24
We would request the clause be modified to read
“Experience in Preparation of TEFR/DFR/DPR and
Master Planning involving detailed market demand
assessment, Architectural Master Plan and
Conceptual design, Project & financial structuring,
business plan, financial modelling etc.,) related to
development and operations of real estate
infrastructure project in the nature of large
premium Industrial Estates, Special Economic
Zones, Hotels, Convention Centres, Technology
Parks, Information Technology Parks, Office Space,
Commercial Space, Modern Townships involving
capital investment (Project Cost excluding the cost
of land) not less than Rs. 100 crores during the last
ten (10) financial years ended 31.03.2019.”
The clause 1.1-iv(a) in section-5
is amended as below:
“The Bidder should have
experience of at least three (3)
similar projects (Preparation of
TEFR/DFR/DPR involving
detailed market demand
assessment, Architectural
Master Plan and Conceptual
designs, cost estimates, Project
& financial structuring, business
plan, financial modelling etc.,)
related to development and
operations of real estate
infrastructure project in the
nature of large premium
Industrial Estates, Special
Economic Zones, Hotels,
Convention Centres, Technology
Parks, Information Technology
Parks, Office Space, Commercial
Space, Modern Townships with
each project involving capital
investment (Project Cost
excluding the cost of land), not
less than Rs. 250 crore during
the last ten (10) financial years
ended 31.03.2019.
Page 5 of 48
Sl.
No.
Reference
as per RFP
Contents of RFP Queries received from the prospective
bidders through email/letter
TIDCO’s
Clarifications/Replies
This consultancy assignment
should necessarily be for a
project in India.”
6 Section 5:
Eligibility
Criteria and
Evaluation
Methodology
Clause (2.1)
Page No. 24.
Experience in providing Transaction
advisory services to infrastructure
projects with project cost not less than
Rs. 500 Crore each, during the last 5
financial years ended 31.03.2019
We would request the clause be modified to read
“Experience in providing Transaction advisory
services to infrastructure projects with project cost
not less than Rs. 100 Crore each, during the last
10 financial years ended 31.03.2019”
The clause 1.1-iv(b) in section-5
is amended as below:
“The Bidder should have
experience in providing Transaction Advisory services to
atleast two (2) infrastructure projects with project cost not
less than Rs. 250 crore each,
during the last 10(Ten) financial years ended 31.03.2019.”
Here Infrastructure projects
mean all transport, Logistics,
industrial, social and commercial
infrastructure projects.
7 Section 3,
Instructions
to
Consultants,
clause1.4
Page 8
The Team Leader must be from the Lead
Member ofthe Consortium.
The lead member is decided on the basis of overall
scope share between the consortium members.
However, team leader based on the
qualification/experience may be from the other
consortium member. In view of the above, it is
requested that this criterion be waived and the
flexibility of deciding the Team leader be provided
to the consultants.
Not considered
8 Section 3,
Clause3.1
Page 10
50% of the project team composition/
Key staff should be on the permanent
employees of the Sole firm or the firms
constituting the Consortium.
Given the varied experience required to execute
this project, we request you to permit us flexibility
in deploying external experts who meet the RfP
requirements.
Not considered
Page 6 of 48
Sl.
No.
Reference
as per RFP
Contents of RFP Queries received from the prospective
bidders through email/letter
TIDCO’s
Clarifications/Replies
9 Section 3
Instructions
to
Consultants
Clause12.1
Page 10
Conditions of Termination of the contract
TIDCO shall have the right to terminate
this contract in part or in full under any
of the following circumstances: Time is
the essence of the contract and
therefore, the contract is liable to be
terminated if the consultant fails to
deliver the job within the stipulated date
and time.
We wish to clarify that this clause may be applied
only in the event of the delay being solely
attributable to the consultants.
Yes. If in the opinion of TIDCO, if
the delay is solely attributable to
the consultant.
10 7F. Format
to
Demonstrate
Technical
Eligibility
Page 47
Airport Capacity (in Million Passengers) This does not appear applicable to this study.
Please clarify
It is typographical error. This is
not applicable. Hence deleted
11 7J. Format of
CV for
Proposes
Professional
Staff
Page 51
Work undertaken that Best Illustrates
capability to Handle the Task Assigned
“TIDCO”
The word “TIDCO” appears to be out of Place.
Please clarify
It is typographical error. This
may be read as “Client”
12 Section 6
Deliverables
and
Payment
Schedule
Revision of payment schedule Not considered
13 Section 2
Data Sheet
Page 7
Date of submission of Proposal We request that the date of submission be
extended by 2 weeks from the date of response to
queries or 17 April 2020 whichever is later.
Last date for submission of bid
has been extended on
06.05.2020
Page 7 of 48
Sl.
No.
Reference
as per RFP
Contents of RFP Queries received from the prospective
bidders through email/letter
TIDCO’s
Clarifications/Replies
14 Clause 5.4
Page16
Execution of Contract: After
acknowledgement of the LoA and
furnishing of Performance Security as
aforesaid by the Successful Bidder, it shall
execute the Contract within 7 (Seven)
days from the date of acknowledgement
of receipt of LoA.
Timeline for provision of performance security BG
is only 1 week. This is a prerequisite for contract
signing.
We would request 2 weeks of time for the provision
of the performance security bank guarantee and
executing the contract.
Accepted
15 Notes
Clause 3 on
Page 44
For a Joint Bidding Agreement executed
and issued overseas, the document shall
be legalised by the Indian Embassy and
notarized in the jurisdiction where the
Power of Attorney has been executed.
Since we are all reputed firms, we request that a
Letter of Association (clearly mentioning the nature
of the consortium - whether JV, sub-consultant etc)
and a Board resolution duly authorising the
Signatory be accepted
Accepted
16 Clause. 1.12
on pg. 9
Procurement
Cost/ Tender
Fees
The Fee for the RFP document is Rs.
25,000/-
(Rupees Twenty Five Thousand only)
including GST, which is Non-refundable.
The Bidders shall pay the fee for the RFP
document by way of a Demand Draft
drawn from any Scheduled Bank in India
in favour of payable at Chennai. The
document can also be downloaded from
the website www.tidco.com. In case the
Bidders have downloaded the RFP
document from the website, they should
submit the DD towards the RFP
document fee along with their Proposal.
Please refer to Rule 161 (IV) of GFR 2017.
In order to promote wider participation and ease of
bidding, no cost of tender document may be
charged for the tender documents downloaded by
the bidders.”
We understand that cost of tender document
should not be charged under the said Rule.
Accordingly, we request you to waive / delete the
requirement for submitting tender fee under the
RFP.
Not considered
Page 8 of 48
17 Clause. 9 on
pg. 57
The [Name of Consultants] shall also
indemnify and hold harmless the (Name
of Client) against any and all claims
with respect to loss of profit, data or
goodwill, or any other consequential,
incidental, indirect, punitive or special
damages in connection with claims,
demands, and/or judgments of any
nature brought against the (Name of
Borrower) arising out of gross negligence
of the [Name of Consultants] in the
provision of services under this contract.
The liability of the [Name of Consultants]
under any circumstance shall not exceed
one time of contract value or fee paid to
the Consultant, whichever, is lesser.
However, this limitation on liability shall
not apply to losses or damages caused
by the Consultant’s fraud or willful
misconduct and liability in this case shall
be actual as determined by the Good
Industry Practice/Applicable law. The
obligation under this paragraph shall
survive the termination of this Contract.
Client is requested to include a clause to state that
we will not be liable for any indirect and
consequential losses or damages. This is as per
GFR and Meity guidelines and is also the industry
standard. Even the law, Contract Act, stipulates it
and remote and consequential damages are not
payable. Client is requested to include the below
clause:
“Purchase/Client agrees that Consultant will not be
liable for (i) loss or corruption of data from your
systems, (ii) loss of profit, goodwill, business
opportunity, anticipated savings or benefits or
(iii)indirect or consequential loss.”
Accepted
18 Clause. 6 on
pg. 16,
clause. 20 on
pg. 59,
clause. 24 on
pg. 63
Confidentiality Obligations Client Client is requested to consider that we may have
to disclose information for successful
accomplishment of work and for regulatory and
internal compliance purposes. However, to the
extent legally permissible, we will ensure that even
if the information is disclosed to any third party,
such parties maintain confidentiality of such
Not considered
Page 9 of 48
information. Client is therefore requested to kindly
include the following clause:
“Consultant may disclose confidential information:
(a)to its employees, directors, officers and sub
contractors, on a need to know basis, as required
for performance of services, provided such
employees, directors, officers and subcontractors
are bound by confidentiality obligations; (b) where
required by applicable law or regulation or for
regulatory and compliance (both internal and
external) purposes.”
19 clause. 20 at
pg. 59
The [Name of Consultants] also agree
that all knowledge and information not
within the public domain which may be
acquired during the carrying out of this
Contract, shall be, for all time and for all
purpose, regarded as strictly confidential
and held in confidence, and shall not be
directly or indirectly disclosed to any
person whatsoever, except with
the(Name of Client) written permission.
We request client to kindly confirm that we will be
obliged to protect Confidential information using
the same degree of care as we use to protect our
confidential information of similar nature, and in
any event, by using at least reasonable degree of
care.
Accepted
20 NA Confidentiality Obligations: No right to
disclose client name or project for
citation / reference purposes
Please appreciate that this is a prestigious project
for us, and we would like to showcase this project
in our future proposals. We request the client to
allow us to refer to you and the services we have
performed for you for citation / reference
purposes, as long as we do not disclose your
confidential information.
Accepted
Subject to Clause. 16 on pg. 58
of RFP.
(Ref Sl. No. 28 of this document)
Page 10 of 48
21 Clause. 9 on
pg. 57
The [Name of Consultants] shall also
indemnify and hold harmless the (Name
of Client) against any and all claims with
respect to loss of profit, data or goodwill,
or any other consequential, incidental,
indirect, punitive or special damages in
connection with claims, demands, and/or
judgments of any nature brought against
the (Name of Borrower) arising out of
gross negligence of the [Name of
Consultants] in the provision of services
under this contract. The liability of the
[Name of Consultants] under any
circumstance shall not exceed one time
of contract value or fee paid to the
Consultant, whichever, is lesser.
However, this limitation on liability shall
not apply to losses or damages caused
by the Consultant’s fraud or willful
misconduct and liability in this case shall
be actual as determined by the Good
Industry Practice/Applicable law. The
obligation under this paragraph shall
survive the termination of this Contract.
We agree to indemnify to the extent the
damages/losses are finally determined by a
competent court or arbitration. Please make
indemnities subject to final determination by
court/arbitrator. This is also the industry standard
and prescribed by Meity in its guidelines. However,
we wish to clarify that except for balanced third
party IPR infringement indemnity and a balanced
reciprocal indemnity for death/bodily injury, we will
be unable to provide other multiple indemnities in
the manner as proposed in the Contract. We
believe that either side will have full and adequate
contractual/ legal recourse to address the other
situations, thereby avoiding the need for the other
multiple indemnities that have been currently
sought in the Contract.
Also we request you to kindly cap these
indemnities to one time the fees payable to us
under this Agreement.
Also, since ""gross negligence"" is capable of
subjective determination. Hence we request you to
replace the word ""gross negligence"" with
""fraud"" and ""dishonesty"" which have a
crystallised understanding."
Not considered.
22 Process for Indemnity We wish to clarify that the indemnities set out in
this agreement shall be subject to the following
conditions:
(i) the Indemnified Party as promptly as practicable
informs the Indemnifying Party in writing of the
claim or proceedings and provides all relevant
evidence, documentary or otherwise;
Not considered
Page 11 of 48
(ii) the Indemnified Party shall, at the cost of the
Indemnifying Party, give the Indemnifying Party all
reasonable assistance in the Defense of such claim
including reasonable access to all relevant
information, documentation and personnel
provided that the Indemnified Party may, at its sole
cost and expense, reasonably participate, through
its attorneys or otherwise, in such Defense;
(iii) if the Indemnifying Party does not assume full
control over the Defense of a claim as provided in
this clause, the Indemnified Party may participate
in such defense at its sole cost and expense, and
the Indemnified Party will have the right to defend
the claim in such manner as it may deem
appropriate, and the cost and expense of the
Indemnified Party will be included in losses;
(iv) the Indemnified Party shall not prejudice, pay
or accept any proceedings or claim, or compromise
any proceedings or claim, without the written
consent of the Indemnifying Party;
(v) all settlements of claims subject to
indemnification under this Clause will:
a) be entered into only with the consent of the
Indemnified Party, which consent will not be
unreasonably withheld and include an
unconditional release to the Indemnified Party
from the claimant or plaintiff for all liability in
respect of such claim; and b) include any
appropriate confidentiality agreement prohibiting
disclosure of the terms of such settlement;
(vi) the Indemnified Party shall account to the
Indemnifying Party for all awards, settlements,
Page 12 of 48
damages and costs (if any) finally awarded in
favour of the Indemnified Party which are to be
paidto it in connection with any such claim or
proceedings;
(vii) the Indemnified Party shall take steps that the
Indemnifying Party may reasonably require to
mitigate or reduce its loss as a result of such a
claim or proceedings;
(viii) in the event that the Indemnifying Party is
obligated to indemnify an Indemnified Party
pursuant to this clause, the Indemnifying Party
will, upon payment of such indemnity in full, be
subrogated to all rights and defenses of the
Indemnified Party with respect to the claims to
which such indemnification relates;
and (ix) if a Party makes a claim under the
indemnity set out under Clause above in respect of
any particular loss or losses, then that Party shall
not been titled to make any further claim in respect
of that loss or losses (including any claim for
damages).
23 Clause. 12
on pg. 18
Conditions of Termination of the
Contract:
Termination without notice and
rectification period
To uphold the principles of natural justice, we
request client to notify us and give us a rectification
period of atleast 30 days, prior to invoking this
clause.
Not considered
24 Clause. 22.1
(c) and
clause.
22.2 (c) on
pg. 60 and
clause.
If the Consultant fails to comply with any
final
decision reached as a result of arbitration
proceedings; If the Client fails to comply
with any final decision reached as a
result of arbitration. Time is the essence
of the contract and therefore, the
We request client to delete these grounds for
termination as it is unreasonable and there are
several remedies in contract and law available to
the client for such breach.
Not considered
Page 13 of 48
12.1(iii) on
pg. 18
contract is liable to be terminated if the
consultant fails to deliver the job within
the stipulated date and time.
25 Clause. 23
on pg. 63
Conflict of interest: The Consultant shall
hold the Client’s interests paramount,
without any consideration for future
work, and strictly avoid conflict with
other assignments or their own
corporate interests.
We wish to highlight that we are a large
organization providing various services to various
state and central government departments, PSUs,
international organizations and private clients. We
wish you to note that while we have a mechanism
in place to identify patent and direct conflict of
interests; it may not always be possible to identify
any or all indirect or remote conflict of interests.
Kindly appreciate that our no conflict confirmations
will be subject to the foregoing.
Not considered.
26 Clause. 11
on pg. 18
Liquidated Damages:
In the event of delays in submission of
the deliverables vis a vis the Timeframe
prescribed for the proposed Deliverables
in the Clause3 of Section-6 of the RFP
pertaining the submission ofthe
Deliverables, penalty will be levied at the
rate of One Percent (1%) of the Awarded
Lumpsum Fees per week or part thereof
of delay, subject to a maximum of Ten
Percent (10%) of the Awarded Lumpsum
Fees.
We request the client to cap the liquidated
Damages/penalties cumulatively to 5% of the total
contract value.
Not considered.
27 Clause. 12.1
(i) on
pg. 18
Time is the essence of the contract and
therefore, the contract is liable to be
terminated if the consultant fails to
deliver the job within the stipulated date
and time.
By making time of essence of the contract, you
retain the right to void the contract ab initio in case
timelines are not met. There are various
dependencies on the client and other third parties
for completing the project.
Not considered.
Page 14 of 48
There may be delays on part of client and other
parties also. Thus, contract can be voided by you
even if the fault is not entirely ours.
We understand that it is not the intention to make
the agreement void ab initio in case of any delay in
achieving the timelines. You may exercise your
right to terminate the contract in case of material
breaches. Thus, request you to kindly delete this
clause.
28 Clause. 16
on pg. 58
All reports, plans, drawings,
specifications, designs, reports, bid
documents and other documents, design
calculations, etc., submitted by the
Consultants in the performance of the
Services shall become and remain the
property of the Client. The Consultants
may retain a copy of such documents but
shall not use them for purposes
unrelated to this Contract without the
prior written approval of the Client. The
various reports and documents prepared
as part of this assignment is not a public
document and the reports / documents
will always be the property of the Client.
There are innumerable IPRs that exist with us
which we would like to use to your benefit while
delivering our services to you. These are our pre-
existing IPRs and we use it for all clients. We will
not be able to give ownership in such IPRs to you
just because we are using them for providing
services to you, like we use these for other clients.
We request that we are allowed to retain ownership
of our pre-existing IPRs, else we might be not be
able to use these in providing services to you in
order to protect our ownership in them. We request
you to kindly include the below clause. This is also
the standard mentioned by Meity in its guidelines.
“Notwithstanding anything to the contrary in this
agreement, Consultant will retain the ownership of
its pre-existing intellectual property rights
(including any enhancement or modification
thereto) even if such IPR are used for creating
deliverables, are incorporated in the deliverables,
etc. To the extent such pre-existing IPRs are
included/incorporated in the deliverables, upon
receipt of all due and payable payment in full, the
Consultant shall grant a non-exclusive, perpetual
Not considered
Page 15 of 48
and fully paid up license to the Purchaser/Client to
use such pre-existing IPRs for use of deliverables
for the purpose for which such deliverables are
meant for client’s internal business operations.”
29 Clause. 8 on
pg. 57
The [Name of Consultants] will be
responsible for appropriate insurance
coverage. In this regard, the[Name of
Consultants] shall maintain workers
compensation, employment liability
insurance for their staff on the
assignment. The Consultants shall also
maintain comprehensive general liability
insurance, including contractual liability
coverage adequate to cover the
indemnity of obligation against all
damages, costs, and charges and
expenses for injury to any person or
damage to any property arising out of, or
in connection with, the services which
result from the fault of the [Name of
Consultants] or its staff
We wish to clarify that we maintain insurances, at
the firm level, which are required to be maintained
by us asper the provision of laws. Separate
insurances for this project may not be required in
light of such firm level insurance. We can provide
you with a confirmation about our firm level
insurance and that to the extent required by law,
this project will also be covered under that
insurance. We hope that should suffice. Please
confirm.
Accepted
30 clause. 9 on
pg. 18,
clause. 21 on
pg. 59
The Parties agree to use their best efforts
for resolving all Disputes arising under or
in respect of this Agreement promptly,
equitably and in good faith, and further
agree to provide each other with
reasonable access during normal
business hours to all non-privileged
records, information and data pertaining
to any Dispute. For any dispute arising
out of this Agreement / Contract, only
the Courts in Chennai shall have
The 2 clauses quoted herein are all contradictory
to each other. We request the client to provided
suitable clarification on the process of arbitration
to be applicable to this engagement. We request
client to consider referring the disputes to
arbitration as per Indian laws. It is easier, faster
and less cumbersome. With the recent
amendments, it has become even more effective.
GFR and Meity guidelines also encourage
arbitration. We therefore request you to kindly
consider the below clause inclusion:
In Section 3 –Instructions to
Consultants under Clause 9-
Dispute resolution the sentence
“Arbitration clause is not
applicable” is deleted.
In Page No.59 Clause 21-
Settlement of Disputes remains
unchanged
Page 16 of 48
jurisdiction to settle such disputes.
(Arbitration clause is not applicable).
SETTLEMENT OF DISPUTES
21.1 Amicable Settlement: The Parties
shall use their best efforts to settle
amicably all disputes arising out of or in
connection with this Contract or the
interpretation thereof.
22.2. Miscellaneous. In any arbitration
proceeding hereunder:
(a) proceedings shall, unless otherwise
agreed by the Parties, be held in
Chennai.
(b) the English language shall be the
official language for all purposes; and---
(c)the decision of the sole arbitrator or of
a majority of the arbitrators (or of the
third arbitrator if there is no such
majority) shall be final and binding and
shall be enforceable in court of
competent jurisdiction (Chennai), and
the Parties hereby waive any objections
to or claims of immunity in respect of
such enforcement.
In case, a dispute is not amicably resolved within
forty five (45) days of referral by one party to
another, it shall be resolved through arbitration, in
India, in accordance with the provisions of
Arbitration and Conciliation Act 1996 (and any
amendments thereto). The venue of such
arbitration in India shall be in Chennai. In order to
uphold the principles of natural justice and the
provisions of the Arbitration and Conciliation Act,
we request that the arbitrator(s) be appointed with
mutual consent of both the parties. Alternatively, a
panel of three arbitrators may be set up in which
one arbitrator is appointed by Consultant, one by
the client and the two arbitrators appoint third
arbitrator. Please confirm.
31 Clause. 25
on pg. 63
Accounting, Inspection and Auditing: The
Consultant shall keep accurate and
systematic accounts and records in
respect of the Services and in such form
and detail as will clearly identify relevant
time changes and costs. The Consultant
shall permit, the Client and/or persons
We wish to clarify that we will retain our records as
per our records retention policies. Upon reasonable
notice, we will allow Client to inspect our invoicing
records under this engagement; such inspection
shall be done in a pre-agreed manner and during
normal business hours. For avoidance of doubt,
such inspection should not cause us to be in breach
Accepted
Page 17 of 48
appointed by the Client to inspect the
Site and/or all accounts and records
relating to the performance of the
Contract and the submission of the
Proposal to provide the Services, and to
have such accounts and records audited
by auditors appointed by the Client if
requested by the Client.
of our organizational confidentiality requirements.
Please acknowledge that our audit related
obligations will be subject to foregoing statement.
32 There is no restriction on the usage of
deliverable. No third party disclaimers.
We will be providing services and deliverables to
you under the contract. We accept no liability to
anyone, other than you, in connection with our
services, unless otherwise agreed by us in writing.
You agree to reimburse us for any liability
(including legal costs) that we incur in connection
with any claim by anyone else in relation to the
services. Please confirm our understanding is
correct
Not considered
33 No acceptance criteria
If the project is to be completed on time, it would
require binding both parties with timelines to fulfil
their respective part of obligations. We request you
that you incorporate a deliverable acceptance
procedure, perhaps the one provided by Meity in
their guidelines, or the one suggested below, to
ensure that acceptance of deliverables is not
denied or delayed and comments, if any, are
received by us well in time. You may consider
including the below simple clause: “Within 10 days
from Client’s receipt of a draft deliverable, Client
will notify Consultant if it is accepted. If it is not
accepted, Client will let Consultant know the
reasonable grounds for such non acceptance, and
Consultant will take reasonable remedial measures
Not considered
Page 18 of 48
so that the draft deliverable materially meets the
agreed specifications. If Client does not notify
Consultant within the agreed time period or if
Client uses the draft deliverable, it will be deemed
to be accepted.”
34 clause. 4.3
on pg. 15
Except as TIDCO may otherwise agree,
no changes shall be made in the Key
Personnel after signing of the Contract.
If, for any reason beyond the reasonable
control of the Consultant, such as
retirement, death, medical incapacity,
among others, it becomes necessary to
replace any of the Key Personnel, the
Consultant shall provide as a
replacement a person of equivalent or
better qualifications. TIDCO will accept
one-time replacement only and any
second replacement for same position
proposed by the Consultant shall attract
a penalty of 1% of the Awarded
Lumpsum Fees.
There may be circumstances beyond the
reasonable control of the Consultant, where a
replacement of personnel may be necessary, such
as illness, death, resignation or disciplinary action
against the concerned personnel, etc. In such
cases, Client is requested toallow exceptions to this
clause and make penalties in applicable. The
Consultant shall exercise reasonable efforts to
provide a suitable replacement to the Client.
Not considered
35 clause. 10 on
pg. 58
The Consultant agrees that, during the
term of this Contract and after its
termination, the Consultant and any
entity affiliated with the Consultant, shall
..........be disqualified from providing
goods, works or services (other than the
Services and any continuation thereof)
for any project resulting from or closely
related to the Services.
We are constrained in our ability to agree to such
non-compete restrictions since PwC, as
professional advisor, needs to be able to provide
such services to its other clients. However, even if
we are providing services to others (including
those who may be competitors of our client), we
do not use or disclose any confidential information
received from our client – in this regard, we also
maintain requisite ethical walls to ensure client
confidentiality is protected. This is a fundamental
tenet of the way we do business, and is well
Accepted
Page 19 of 48
accepted by our clients in India and other
jurisdictions.
36 clause. 15 on
pg. 58
The Client shall have the right to invoke
and appropriate the proceeds of the
Performance Security, in whole or in
part, without notice to the Consultant in
the event of breach of the work assigned
in the ToR or the finalized Agreement.
We request the client to provide 30 days notice for
rectification prior to invoking the PBG.
Not considered
BIDDER-3 & 4
37 Clause 11,
page
18 of 68
In the event of delays in submission of
the deliverables vis-a-vis the Timeframe
prescribed for the proposed Deliverables
in the Clause 3of Section-6 of the RFP
pertaining the submission of the
Deliverables, penalty will be levied at the
rate of One Percent (1%) of the Awarded
Lumpsum Fees per week or part thereof
of delay, subject to a maximum of Ten
Percent (10%) of the Awarded Lumpsum
Fees.
Please note that the consultant shall notbe liable to
pay the penalty of the delay is caused, wholly or
partly due to
1. Delay in sharing of required information by the
Authority 2. Delay in review/ feedback/ approval of
submitted deliverables by the Authority
3. Any other reason that cannot be attributed to the performance/deficiency/ non-performance of
the consultant 4. Any other reason that is beyond the control of
the consultant
Not considered
38 Section 5,
Clause1(iv)
(a) and (b),
Similar work experience in the last 5
years
Requesting the Authority to consider project
experience in the last 10 years at least for both (a)
and (b)
Please refer reply to the queries
at Sl. no. 5 & 6 above
39 Section 5,
Clause
1.2, page 24
of 68
The eligible consultants shall be required
to submit self-attested copies of the
following alongwith their Proposal:
i. Documents verifying the claim as per
above including the appointment letter/
work order /
Contract agreement and letter of
successful work completion from the
Client.
Requesting the Authority to consider any one of the
following documents as proof of project experience
1) Appointment letter, or
2) Work order, or
3) Contract agreement, or
4) Completion certificate
Please refer reply to the query at
Sl. no. 1 above
Page 20 of 48
40 Section 5,
Clause
3, page 33 of
68
Deliverables and payment terms Delivery time defined in the said table is extremely
optimistic, especially given the present market
conditions.
The time specified for Final Report must be
extended to 16-20 weeks, especially because of
the extensive market and demand assessment
asked for in the terms of reference. It will be
unreasonable to expect the bid process to be
completed within 26 weeks of the date of signing
of the contract agreement. Bid process for projects
of such magnitude may require around 6 months
from the issue of RFQ/ EOI notice
Amended.
Revised timelines
Deliverables Delivery Time
Inception Report T+ 3 weeks
Interim Report T+ 8 weeks
Draft Final Report
T+ 12 weeks
Final Report T+ 16 weeks
Bidding Documents,
Contract/ Concession
agreements
T+ 18 weeks
Bid evaluation reports
T+28 weeks
signing of Contract with
Developer
T+30 weeks
41
Section 2,
Data
Sheet, page
7
Submission of proposal:
Taking into consideration the current situation
w.r.t the outbreak of corona virus, we request the
authority to extend the submission deadline of the
proposal by 3-4 weeks.
Last date for submission of bid
has been extended on
06.05.2020
42 Section 5,
Clause
2, sub-
clause 2.1
(I) page 24
of 68
I Specific Experience of the Consulting
Agency Experience in Preparation of
TEFR/DFR/DPR and Master Planning
involving detailed market demand
assessment
We understand the objective of the assignment is
to undertake Transaction Advisory for establishing
Fin Tech City and select Co-Promoter/ Developer.
Given our experience, we feel the need for a
experience in preparation of TEFR/DFR/DPR and
Master Planning as an evaluation criteria may be
relaxed to only TEFR/DFR/DPR. The Master
Please refer to the reply to the
query in sl. No.5 above
Page 21 of 48
Planning would be an integral part of the process,
for drawing a conceptual level plan and arriving at
board costing. Opening up the criteria would lead
bringing in international master planning
experience for the project. Hence, request the
Authority to remove the “and Master Planning”
criteria.
43
Section II,
Clause
3, page 7 of
68
Pre Bid meeting - On 17.03.2020 at
15.30 Hrs
Last date for purchase of RFP Documents
- Up to 30.03.2020
Submission of proposal – On 31.03.2020
at 15.00 Hrs
Given the on-going current state of affairs in the
country regarding COVID-19, we would request
you to postpone the Pre-bid meeting for at least 2
weeks, and thereby the submission dates by a
month.
Pre-bid meeting has been
conducted on 17.03.2020.
Last date for submission of bid is
extended to 06.05.2020
BIDDER-5
44 Section 5
Eligibility
criteria
Page no 22
iv. Similar work experience in last five
years:
A relaxation is requested on the minimum project
cost of INR.500 crore. It is suggested that the
minimum project cost should be INR 100 crore.
Further considering the large scale projects as
listed in the technical criteria are developed over a
signification time duration, it is suggested that the
time cap of last 5 financial years may be extended
to last 10 financial years. Also, the provision to list
current on-going projects be allowed where
payments of >50% is received by the consultant
from its client.
Please refer reply to the queries
at Sl. no. 5 & 6 above
Page 22 of 48
45 Key
resources
Section 5
Page no
23&25
1. Team leader- minimum 15 years
experience
It is suggested that the minimum work experience
for the concerned position is reduced to 10 years
Not considered
46 2. Infrastructure expert – PG in civil
engineering
Based on the proposed scope of work, it is
suggested that professional from planning
background may also be considered. Therefore, we
suggest that personnel with PG on Planning or
relevant course be allowed.
Not considered
47 3. Architect- minimum 10 years
experience
It is recommended that the minimum work
experience for the concerned position is reduced to
7 years
Not considered
48 4. Market analyst- minimum 10 years
experience
It is recommended that the minimum work
experience for the position is reduced to 5-7 years
Minimum work experience for
Market analyst is 7 years
49 5. Legal cum contract expert- experience
in preparation of EoI, RFQ ,RfP and DCA
in infra projects
Request for modification of experience. Preparation
of EOI, RFQ, RFP, DCA for relevant government
projects. We further request that subsequent
changes in the marks as part of the evaluation
criteria be considered based on the above
proposals.
Not considered
50 Terms of
Reference
Section 6
Clause 2.4
Page 29
Site Assessment
Assess the possibility of development of
the project at multiple location with
iconic structures in the central business
district
Considering the vast scale of the project, it is
essential to understand the locations of these
proposed sites. It is requested that the location and
brief details of the two sites to be provided.
Location details:
Site-1: 260.90 acres of land in
Kuvathoor, Kavanoor and
Madampabkkam villages in
Sriperumbudhur taluk in
Kancheepuram District.
Site-2: around 110 acres of land
in Nandampakkam village,
Alandur Taluk, Chennai District
51 Terms of
Reference
Section 6
Clause 3
Deliverables and Payment Terms
The consultant shall submit six numbers
of hard copies of the final reports and
four numbers of hard copies of the other
The ToR states the lists of deliverables to be
submitted. However, there is no clarity on the
content to be covered in each of the deliverable.
We request that a brief
The content of the deliverables
has to be structured by the
consultant based on the need of
the project
Page 23 of 48
Page 32,33 reports. Two soft copies of each
reports/presentation shall also be
submitted to TIDCO
description/content/structure of the deliverable be
provided to ensure alignment of efforts.
52 Termination
of contract
Clause 22.2
page no 60
Contract agreement The following clause may be add in the contract
agreement:
The consultant may terminate this agreement or
any particular services, immediately upon written
notice to the client if the consultant reasonable
determines that it can no longer provide the
services in accordance with applicable law or
professional obligations
Not considered
BIDDER-6
53 Section 2
Data sheet
We are keen on this opportunity and request for
extension in Proposal submission date to enable us
to undertake all the compliance procedures and to
put forward the best proposal from our side for
TIDCO’s perusal. Hence it is requested that the
proposal submission date shall be extended by at
least 3 weeks.
Last date for submission of bid
has been extended on
06.05.2020
54 SECTION 4
Background
to the RfP
Clause 1
(Page 20 of
68)
TIDCO proposes to establish Fin Tech
City, in a ‘Hub and Spoke’ in two
locations (i.e.) around 250 acres of land
near Chennai and around 100 acres of
land in Chennai.
The vision of the Fin Tech City is that it
would develop into the fulcrum of core
Financial Services and related activities,
largely driven by next-generation
technologies in this region.
We request for below information with respect to
both the land parcels:
Kindly provide the site plans for both the land
parcel with the boundary and coordinates. What is
the present ownership status of the land parcels?
What is the present status of the land parcel?
Whether lying vacant or being utilized for any
purpose? Kindly if there are any encumbrances on
the land parcels?
Please refer to the reply to the
query in sl no. 50
Remaining requested details will
be provided to the successful
bidder before commencement of
assignment
55 SECTION 6:
TERMS OF
REFERENCE
We understand that to deliver the scope mentioned
at Clause 2.1, the Consultant is expected to
conduct the study based on secondary data /
The Consultant shall conduct the
study based on secondary data /
information available in public
Page 24 of 48
Clause 2.1 –
Market
Survey and
Sector Study
(Page 27 of
68)
information available in public domain. The
consultant shall collect the required data /
information through secondary research and if
required TIDCO would extend its support in getting
access to any data / information. Please confirm
the above understanding.
domain. Only the
data/information those available
with TIDCO relevant to this
project will be provided, if
required.
56 SECTION 6:
Terms of
Reference
Clause 3 –
Deliverables
and Payment
Terms
As the Scope of Work proposed by the Corporation
is expensive in nature and with Consultant’s
experience in executing assignments of similar
nature in India and abroad, it is suggested that the
deliverable timelines may be slightly relaxed and
therefore we request to amend the delivery
timelines
Please refer to the reply to the
query sl. No. 40 above
57 SECTION 5:
ELIGIBILITY
CRITERIA
AND
EVALUATION
METHODOLO
GY Clause
1.1 (iv),
Page 22
Similar work experience in last five
years: a)
It is to highlight that typically architectural services
and financial consultancy services are awarded
separately are not covered under a single contract.
Also, in order to ensure participation from reputed
and well experienced firms in consulting domain we
request that the experience of past 10 years shall
be considered for evaluating the eligibility.
Therefore, it is suggested that Clause 1.1 (iv) of
RFP shall be amended as below: “The Bidder should
have experience of at least three (3) similar
projects (Preparation of TEFR / DFR / DPR / Master
Plan involving ‘Architectural Master Plan’ or
‘Conceptual design with detailed market demand
assessment, Project & financial structuring,
business plan, financial modelling’) related to
development and operations of real estate
infrastructure project in the nature of large
premium Industrial Estates, Special Economic
Zones, Hotels, Convention Centers, Technology
Please refer reply to the query in
Sl. no. 5 above
Page 25 of 48
Parks, Information Technology Parks, Office Space,
Commercial Space, Modern Townships, Multi-Modal
Logistics Park, Warehouse Parks with each project
involving capital investment (Project Cost
excluding the cost of land), not less than Rs. 500
crore during the last ten (10) financial years ending
on 31.03.2020. This consultancy assignment
should necessarily be for a project in India.”
58 SECTION 5:
ELIGIBILITY
CRITERIA
AND
EVALUATION
METHODOLO
GY
Clause 1.1
(iv), Page 22
Similar work experience in last five
years:
We understand that for the purpose of clause
1.1.(iv)(b) of Section-5 of RFP, the term
“infrastructure projects” would include below
infrastructure categories and infrastructure sub-
sectors that were notified by the Ministry of Finance
(Department of Economic Affairs), Government of
India through Gazette Notification dated 14th
November 2017. Please confirm our
understanding.
Please refer reply to the queries
at Sl. no. 6 above
59 SECTION 5:
ELIGIBILITY
CRITERIA
AND
EVALUATION
METHODOLO
GY
Clause 1.1
(vi), [Page
23 of 68]
Project Core Team- Qualification and
Experience and exposure of the
minimum key personnel of the proposed
assignment Position Years of Experience
Market Analyst – 10 years
Financial Expert – 10 years
As per the marking scheme detailed for the Project
Team under Clause 2.1 of Section 5 of the RFP on
page 25, following is stated:
“4. Market Analyst – 6 marks ;
minimum 7 years of experience - 4 marks ;
For every additional 2.5 year of experience -1 mark
will be given limited to a maximum of 2 marks.
5. Financial Expert – 6 marks;
minimum 7 years of experience - 4 marks;
For every additional 2.5 year of experience 1 mark
will be given limited to a maximum of 2 marks.”
minimum Years of Experience for
both Market Analyst and
Financial Expert should be 7
years
60 SECTION 5:
ELIGIBILITY
CRITERIA
AND
Project Core Team- Qualification and
Experience and exposure of the
minimum key personnel of the proposed
In order to align the experience requirement of the
Team Leader, Architect and Infrastructure expert
with the firm’s eligibility requirements mentioned
The experience in development
of industrial area and real estate
area infrastructure projects in
the nature of Industrial
Page 26 of 48
EVALUATION
METHODOLO
GY Clause
1.1 (vi),
[Page 23 of
68]
assignment – Industrial area
development infrastructure projects
at Clause 1.1 (iv) of RFP, it is requested that Clause
1.1 (vi) of RFP shall be amended as below:
Experience in infrastructure project or real estate
project in the nature of large premium Industrial
Estates, Special Economic Zones, Hotels,
Convention Centres, Technology Parks,
Information Technology Parks, Office Space,
Commercial Space, Modern Townships, Multi-Modal
Logistics Park, Warehouse Parks of minimum 100
acres.
Estates/parks/ clusters, Special
Economic Zones, Hotels,
Convention Centres, Technology
Parks, Information Technology
Parks, Office Space, Commercial
Space, Modern Townships will be
considered for experience
requirement for team leader,
Infrastructure expert, Architect
& Financial expert
BIDDER-7
61 Section 4 :
Page 20
TIDCO proposes to establish Fin Tech
City, in a ‘Hub and Spoke’ model in two
locations (i-e) i) around 250 acres of land
near Chennai and (ii) around 100 acres
of land in Chennai.
Please provide the exact area (not approx.) and
site map of both parcels of land. This is required to
estimate cost of surveys and other investigation
For site details, please refer
reply to the query at Sl. no. 50
above
62 Page 22-
Clause 4-
Eligibility
Criteria and
Evaluation
Methodology
Experience in providing Transaction
Advisory Services’
The word transaction advisory may be defined. i.e.
LoA issued / CA signed / Financial closure
achieved? Etc;
Also, request to confirm that, Highway projects will
also be considered as qualifying experience for
providing Transaction Advisory Services for
Infrastructure projects
LoA to the developer is to be
issued for the projects claiming
for experience in providing
Transaction advisory services.
Please refer to the reply to the
query sl. No. 6 above
63 Page 23-
Clause 6
Project core team: Years of experience given in eligibility table on
page 23 and minimum years required for min.
marks in marking table on page 25 doesn’t match.
(For eg: for financial expert, table page 23
mentions min. 10 years exp; while table on page
25 mentions min. 7 years exp.).
Financial expert and market
analyst should have minimum
work experience of 7 years
64 Page 23-
Clause 6-
Legal Expert: we request you to consider minimum years of
experience required for Legal Expert as 7 years for
Not considered
Page 27 of 48
allocating 4 marks, and allocate 1 mark for every
additional 1.5 years of experience
65 Page 32-
Clause 3-
Deliverables
and Payment
Terms
Inception Report: T + 2 weeks
Interim Report: T + 5 weeks
Draft Final Report: T + 9 weeks
Final Report: T + 12 weeks
Bidding documents: T + 14 weeks
Bid Evaluation Report: T + 23 weeks
Signing of contract: T + 26 weeks
Request to change the deliverable time lines as
under:
Inception Report: T + 3 weeks
Interim Report: T + 8 weeks
Draft Final Report: T + 16 weeks (as this requires
to include the concept plans too)
Final Report: T + 20 weeks (or say 2 – 3 weeks
after draft final report is approved)
Bidding documents: 4 weeks after final report is
approved by TIDCO
Bid Evaluation Report & Signing of contract: As per
bidding schedule
Please refer to the reply to the
query sl. No. 40 above
66 Page 33-
Clause 3-
Deliverables
and Payment
Terms
Note: The Consultant is required to
undertake two rounds of bidding under
this RFP/ Contract, in case there are no
bidders or signing of Contract with a
Bidder for appointment as a Co-
Promoter/ Developer does not occur
during the first round of bidding
Two rounds of bidding can be included in the fees
quoted. For additional rounds of bidding, additional
fees may please be sanctioned and defined in the
payment terms.
Not considered
67 Clause 2.4-
page 29-
Site
Assessment
Carry out soil investigation study for the
sites to ascertain the type of soil and the
foundation type
Presume that, Topo-graphical survey, land
ownership details and any R&R surveys required if
any is excluded from this assignment. Confirm.
Presume that, no Traffic studies are required to be
carried out. Confirm.
As this is the Feasibility studies, no detailed Geo-
technical investigations are required. Confirm.
The Consultant should
undertake the scope of work
listed under clause-2 in section -
6.
The Project sites are Govt lands
and hence no R&R is required.
The consultant should undertake
topographical and geotechnical
surveys.
Page 28 of 48
68 Clause 2.4-
page 29-
Site
Assessment
Study level and extent of existing
services such as water supply,
sanitation, electricity, sewage treatment
plants
Presume, only Coverage, visual inspection and
condition analysis based on secondary data is only
required. Confirm,
Yes
69 Clause 2.6
Master Plan-
page 30
Prepare the comprehensive master plan
based on the analysis and conclusions of
sites conditions, surveys, market
assessment and Techno Economic
feasibility study
Presume, the approval of Master plan will be
provided by TIDCO. Confirm.
Presume that, Detailed EIA studies and obtaining
necessary EIA approvals are excluded from this
assignment. Confirm.
Yes. TIDCO will approve the
master plan.
EIA study and approval are not
under the scope of this
assignment
70 General General Request to extent the last date of submission to at
least 20 days from the date of issue of bid
clarifications from TIDCO.
Last date for submission of bid
has been extended on
06.05.2020
71 General General Presume, there is no site office establishment for
the project, confirm.
Yes. Not required
72 Page 22,
Clause 1.1
(iv, b)
Please confirm that Highways projects shall be
considered for the experience in providing
Transaction Advisory Services for Infrastructure
projects. Request you to kindly allow projects with
infrastructure cost not less than Rs. 250 crores.
Please refer reply to the queries
sl.no. 6 above
73 General We request to confirm the exact extent of land area
that needs to be developed by the consultants as
this plays a major role in the financial proposals of
the consultants.
The last date of submissions may be extended to
atleast 21days from the date clarification is
uploaded by TIDCO
Please refer the reply query to
the query in sl.no.50 above
Last date for submission of bid
has been extended on
06.05.2020
BIDDER-8
74 Page 22 of
68
The Bidder should have experience of at
least three (3) similar projects
“Requesting to change the clause into two parts.
The clause to be read as:
Please refer to the reply to the
query sl. No.5 above
Page 29 of 48
Section 5 –
1.1 – iv – a
(Similar
work
experience
in last five
years)
Similar work experience in last ten years:
1. The Bidder should have experience of at least
two (2) similar projects (Preparation of Master Plan
involving Architectural Master Plan and Conceptual
design) related to development and operations of
real estate infrastructure project in the nature of
large Industrial Estates, Special Economic Zones,
Hotels, Convention Centres, Technology Parks,
Information Technology Parks, Office Space,
Commercial Space, Modern Townships with each
project involving capital investment (Project Cost
excluding the cost of land), not less than Rs. 100
crore during the last ten (10) financial years ended
31.03.2019. These consultancy assignments can
be from India or international.
And
2. The Bidder should have experience of at least
one (1) similar projects (Preparation of TEFR/ DFR
/ DPR and Architectural Master Plan and Conceptual
design, detailed market demand assessment,
Project & financial structuring, business plan,
financial modelling etc.) related to development
and operations of real estate infrastructure project
in the nature of large Industrial Estates, Special
Economic Zones, Hotels, Convention Centres,
Technology Parks, Information Technology Parks,
Office Space, Commercial Space, Modern
Townships with each project involving capital
investment (Project Cost excluding the cost of
land), not less than Rs. 100 crore during the last
ten (10) financial years ended 31.03.2019. These
Page 30 of 48
consultancy assignments can be from India or
international.”
As per the market trend and the kind of projects in
market there are very less projects which includes
both Master Planning and Project & financial
structuring, business plan, financial modelling etc
in one project.
Hence it will become difficult to qualify for firms for
this assignment.
75 Page 23 of
68
Secti
on 5 – 1.1 –
vi – Project
Core Team
“Architect: Post Graduate in Urban
Planning /Architect. Specific experience
in development of master
plans/schemes, sectoral plans pertaining
to industrial infrastructure development
of minimum 100 acre
“Requesting to change the clause to read as: Post
Graduate in Urban Planning /Architect/Urban
Design. Specific experience in development of
master plans/schemes/sectoral plans/Smart
City/Industrial area development plans project of
minimum 100 acres”
Accepted
76 Page 32 of
68
Draft Final Report in T+9 weeks We request you to extend the Draft Final report to
T+12 weeks and from thereafter remaining Reports
to be extended as per mentioned weeks gap. There
will be dependency from multiple stakeholders
while drafting Draft Final report.
Please refer to the reply to the
query in sl.no.40 above
BIDDER-9
77 Section 1,
PDD, Page 6
We hereby request you to kindly submit
the bids duly completed as per this RFP
on or before 3.00 PM on 31.03.2020
As per generally followed best practices for FTP
(Full Tech Proposal) type of bidding, min. 21 days
time period is provided for bid preparation after
publication of Pre-Bid Minutes/ clarifications to
prospective bidders.
Request you to kindly consider and extend the
Proposal Due Date (PDD) for sufficient time as may
require for bid preparation.
Last date for submission of bid
has been extended on
06.05.2020
78 Section 2,
Data Sheet,
Method of selection Quality cum Cost
Based Selection (QCBS): 70:30
We suggest to follow QCBS (80:20) weightage for
evaluating Technical and Financial Bids which shall
The method of selection in
datasheet in Section 2 is
Page 31 of 48
Sub Clause
3, Page 7
be more appropriate for this project of international
repute.
amended as “Quality cum Cost
Based Selection (QCBS): 80:20”
The clause 3.3.8 in Section- 3 is
amended as below:
“The consultant would be
selected based on the Quality
and Cost Based Selection
(QCBS) method with 80%
weightage to Technical Proposal
and 20% weightage to Financial
Proposal.”
79 Section 3,
Clause 3.1,
Sub Clause
(3.1.2), Page
10
TECHNICAL PROPOSAL
While preparing the Technical Proposal,
consultants must give particular
attention to the following:
50% of the project team composition/
Key staff should be on the permanent
employees of the Sole firm or the firms
constituting the Consortium.
We understand that the scope of services
envisaged multidimensional skillset to undertake
project specific challenges involved. Whereas
intermittent inputs of key experts will be required
during the project period. In view of the above you
may allow competent Independent consultants
(available on project specific consents) to associate
by removing 50% full time (permanent) employees
conditions for team composition.
Not considered
80 Section 3,
Clause 3.2,
Sub Clause
(3.2.2), Page
12
FINANCIAL PROPOSAL
The Financial Proposal should be a lump
sum proposal inclusive of all the costs
including but limited to all taxes, duties
and levies associated with the
Assignment for the scope of work
mentioned in the RFP. Consultants shall
express the price of their services in
Indian Rupees.
Exchange rate risk, if any, shall be borne
by the Consultant.
We understand that GST as per prevailing practices
shall be separately payable over and above the
lump sum quoted price, please confirm.
Yes. The Financial Proposal is
inclusive of all taxes except GST
(as applicable).
Page 32 of 48
81 Section 3,
Clause 9,
Sub Clause
(9.1), Page
18
DISPUTE RESOLUTION
The Parties agree to use their best efforts
for resolving all Disputes arising under or
in respect of this Agreement promptly,
equitably and in good faith, and further
agree to provide each other with
reasonable access during normal
business hours to all non-privileged
records, information and data pertaining
to any Dispute. For any dispute arising
out of this Agreement /Contract, only the
Courts in Chennai shall have jurisdiction
to settle such disputes. (Arbitration
clause is not applicable).
As per generally followed best practices for
consultancy contracts, Arbitration clause would be
considered in case any dispute arises and could not
get settled amicably as per the Arbitration and
Conciliation Act, 1996. Where both parties would
be eligible to appoint an arbitrator and the
appointed arbitrators can appoint a presiding
arbitrator whose decision will be final and binding
on both the parties.
In Section 3 –Instructions to
Consultants under Clause 9-
Dispute resolution the sentence
“Arbitration clause is not
applicable” is deleted.
Arbitration clause is applicable.
82 Section 3,
Clause 12,
Sub Clause
(12.1), Page
18
CONDITIONS OF TERMINATION OF THE
CONTRACT
We request to add following 2 (two) clauses to
safeguard consultant’s interest also:
Appointed consultant should have right to
terminate the contract in case Client fails to make
payment for any deliverable / reports due for a
period over 15 days from the date of raising invoice
and 30 days for final deliverable.
Also, Consultant’s deliverable/ report which await
Client’s approval for a period longer than 15 days
from the date of delivery shall be considered
approved / deemed to be approved by the client in
case no clarification/ information requested within
this15 days from the day of submission of such
deliverable/ report.
Not accepted
Page 33 of 48
83 Section 5,
Clause 1.1,
Sub Clause
(iv), Page 22
Similar work experience in last five
years:
We request to consider similar work experience of
last 10 years involving capital investment (Project
Cost excluding the cost of land), not less than Rs.
100 crore since last 5 years may have witnessed
few similar developments in India.
To enhance the competition, you may consider
ongoing assignments of similar magnitude.
Also, we request you to consider separate
assignments comprising TEFR/DFR/DPR/ Master
Plan involving detailed market demand
assessment, Architectural Master Plan and
Conceptual design, Project & financial structuring,
business plan, financial modelling etc., since single
project assignment may not have multiple scope as
envisaged for similar projects. Please consider and
confirm.
Please refer to the reply to the
queries of sl. No.5 & 6 above
84 Section 5,
Clause 2.1,
Sub Clause
(I), Page 24
TECHNICAL EVALUATION CRITERIA
We request to consider similar work experience of
last 10 years involving capital investment (Project
Cost excluding the cost of land), not less than
Rs.100 Cr. Since last 5 years may have witnessed
few similar developments in India.
To enhance the competition, you may consider
ongoing assignments of similar magnitude.
Also, we request you to consider separate
assignments comprising TEFR/DFR/DPR/ Master
Plan involving detailed market demand
assessment, Architectural Master Plan and
Conceptual design, Project & financial structuring,
business plan, financial modelling etc., since single
project assignment may not have multiple scope as
envisaged for similar projects. Please consider and
confirm.
The clause 2.1- I in section-5 is
amended as below:
“Experience in Preparation of TEFR/ DFR / DPR involving
detailed market demand
assessment, Architectural Master Plan and Conceptual
designs, cost estimates, Project & financial structuring, business
plan, financial modelling etc.,
related to development and operations of real estate
infrastructure project in the
nature of large premium Industrial Estates, Special
Economic Zones, Hotels, Convention Centres, Technology
Page 34 of 48
Parks, Information Technology Parks, Office Space, Commercial
Space, Modern Townships involving capital investment
(Project Cost excluding the cost
of land) not less than Rs. 250 crore during the last ten (10)
financial years ended
31.03.2019. This consultancy assignment should necessarily
be for a project in India.
a. 15 marks for fulfilling
minimum qualification criteria given above. (3 Projects)
b. Additional projects – 2.5 marks for each project more
than 3 eligible projects
85 Section 5,
Clause 2.1,
Sub Clause
(I), Page 24
Experience in providing Transaction
Advisory services to infrastructure
projects with project cost not less than
Rs. 500 crore each, during the last 5
financial years ended 31.03.2019.
a. 10 marks for fulfilling minimum
qualification criteria given above. (2
Projects)
b. Additional projects – 2.5 marks for
each project more than 2 eligible
projects
We request to consider experience in providing
Transaction Advisory services to infrastructure
projects with project cost not less than Rs.100
crore in last 10 years since last 5 years may have
witnessed few similar developments in India.
The clause 2.1- II in section-5 is
amended as below:
“Experience in providing
Transaction Advisory services to
infrastructure projects with project cost not less than Rs.
250 crore each, during the last
10 (ten) financial years ended 31.03.2019.
a. 10 marks for fulfilling
minimum qualification criteria
given above. (2 Projects) b. Additional projects – 2.5
marks for each project more than 2 eligible projects”
Page 35 of 48
BIDDER-10
86 Section-2
Data Sheet,
Clause 3,
Page no. 7
Method of Selection: Quality cum Cost
Based Selection (QCBS): 70:30
We request that this weighted evaluation be
revised to 80:20 in order to ensure that firms with
better technical expertise and qualifications will
compete.
Please refer to the reply to the
query in sl no. 78 above
87 Section 5,
Clause 1;
1.1- iv
Similar work experience in last five years Request the client to modify this clause to Similar
work experience in last 15 years
Please refer to the reply to the
queries of sl. No.5 & 6 above
88 Section 5,
Sub-section
1.1 – Clause
v, Page 22
Average Annual Turnover in last three
(3) Years: Average Annual turnover of
the Bidder should not be less than Rs. 20
Crore during the last three (3) financial
years (2016-17, 2017-18, 2018-19) in
the case of Bidder being a Sole Firm. In
the case of Consortium/JV Bidder, the
average annual turnover of the Lead
Member should not be less than Rs. 15
Crore during the last three (3) financial
years (2016-17, 2017-18 and 2018-19)
and the average annual turnover of each
of the other member firm(s) should not
be less than Rs. 5 Crore during last three
financial years (2016-17, 2017-18,
2018-19).
Request the client to modify the average annual
turnover to Rs. 50 Crore for the last three financial
years in order to receive bids from an established
and well experienced firm.
Not considered
89 Section 5,
sub-section
1.1; Clause
vi, Page 23
2. Infrastructure expert – Post Graduate
in Civil Engineering with experience in
designing, costing and finalization of
specification & functional requirement of
industrial area development
infrastructure projects
Request the client to modify the qualification for
the Infrastructure Expert to Post Graduate in Civil
Engineering/ Planning with experience in
designing, costing and finalization of specification
& functional requirement
Not considered
Page 36 of 48
90 section 11 DELAY IN THE SERVICES
In the event of delays in submission of
the deliverables vis a vis the Timeframe
prescribed for the proposed Deliverables
in the Clause 3 of Section-6 of the RFP
pertaining the submission of the
Deliverables, penalty will be levied at the
rate of One Percent (1%) of the Awarded
Lumpsum Fees per week or part thereof
of delay, subject to a maximum of Ten
Percent (10%) of the Awarded Lumpsum
Fees.
We request this clause to be read as:
In the event of delays in submission of the
deliverables, for reasons solely attributable to the
consultants, vis a vis the Timeframe prescribed for
the proposed Deliverables in the Clause 3 of
Section-6 of the RFP pertaining the submission of
the Deliverables, penalty will be levied at the rate
of One Percent (1%) of the Awarded Lumpsum
Fees per week or part thereof of delay, subject to
a maximum of Ten Percent (10%) of the Awarded
Lumpsum Fees.
Not considered
91 General As this assignment also has Master Planning please
advise on the availability of the base maps and
survey drawings. Are detailed surveys (Drone
Survey / total station survey / utility mapping, etc.)
expected to be carried out for the planning area?
Are any satellite images available for this site? Are
the revenue measurements available for these
sites?
Revenue survey maps are
available for the sites.
92 Section 22.1
page 60
Termination by Client:
If the Consultant fails to remedy a failure
in the performance of its obligations
hereunder, as specified in a notice of
suspension;
We request to delete the clause which allows for
arbitrary termination
Not considered
93 General Request the client to please share the location
maps, any relevant reports, documents, etc for
reference of the study
For site details, pls refer to the
reply to the query sl. No. 50
above.
94 General Last date and time for submission of
Proposals/ Bids is on or before 15:00 Hrs
on 31.03.2020
We request to allow 2 weeks for bid preparation
after the release of the pre-bid clarifications
Last date for submission of bid
has been extended on
06.05.2020
Page 37 of 48
95 General Bid Security –DD for Rs. 1,00,000/- We request the bid security to be allowed in the
form of a Bank Guarantee
Not considered
96 Section 5,
Sub-section
3, Page 32
At this stage, it will be very difficult to estimate the
number of phases to be rolled out for the
appointment of the Co-promoter/Developer for the
development of the Fin City as it defined by number
of factors as well as the market response. We
request the client to remove the bid evaluation
report phase and signing of contract with Co-
Promoter/Developer phase from the payment
milestones. This two phases can be carried out by
the consultant on mutually agreed terms with the
client and proper monetary compensation.
Not considered
97 Section 7 General – Clause to be added
We request the client to please add the below
clause to the General Terms of Contract –
Anti-Bribery & Anti-Corruption: Each Party
represents, warrants and undertakes that:
a) It has not and shall not offer, promise, give,
encourage, solicit, receive or otherwise engage in
acts of bribery or corruption in relation to this
Agreement (including without limitation any
facilitation payment), or to obtain or retain
business or any advantage in business for any
member of its group, and has and shall ensure to
the fullest extent possible that its employees and
agents and others under its direction or control and
directly involved in providing Services under the
Agreement do not do so. For the purposes of this
clause it does not matter if the bribery or corruption
is (i) direct or through a third party; (ii) of a public
official or a private sector person; (iii) financial or
Not considered
Page 38 of 48
in some other form; or (iv) relates to past, present,
or future performance or non-performance of a
function or activity whether in an official capacity
or not, and it does not matter whether or not the
person being bribed is to perform the function or
activity to which the bribe relates, or is the person
who is to benefit from the bribe. For the purposes
of this clause, a “person” is any individual,
partnership, company or any other legal entity,
public or private.
b) Each Party shall, adhere to applicable anti-
bribery and corruption laws.
c) Each Party shall, immediately upon becoming
aware of them, give the other Party all details of
any non-compliance with sub-clauses (a) and (b).
d) It is a condition of this Agreement that each
Party fully complies with this Clause. If it does not
do so, without prejudice to any other remedy
available to a party, the non-breaching party shall
have the right (but not the obligation) in its
absolute discretion to terminate the whole of this
Agreement, or that part of this Agreement to which
the bribery or corruption relates. For the avoidance
of doubt, any breach of this Clause shall be deemed
to be incapable of remedy.
Economic and Trade Sanctions: As of the date of
this agreement the Client warrants that, (a) neither
Client nor any of its subsidiaries, or any director or
corporate officer of any of the foregoing entities, is
the subject of any economic or trade sanctions or
restrictive measures issued by the United Nations,
United States or European Union (“Sanctions”), (b)
Page 39 of 48
the Client is not 50% or more owned or controlled,
directly or indirectly, individually or collectively, by
one or more persons or entities that is or are the
subject of Sanctions, and (c) to the best of Client’s
knowledge, no entity 50% or more owned or
controlled by a direct or indirect parent of the
Client, is the subject of Sanctions. For purposes of
clause I in this section, “parent” is a person or
entity owning or controlling, directly or indirectly,
50% or more of the Client. For so long as this
Agreement is in effect, the Client will promptly
notify CRISIL if any of these circumstances change,
upon occurrence of which, CRISIL shall have the
right to terminate the Agreement immediately in
whole or in part for reasons of the Client’s breach.
Non-Exclusivity: The Client acknowledges that
CRISIL or its associates may have other
commercial transactions with the Client, other
parties reviewed for the Client or referred in the
agreement (if any) and the services provided under
the agreement shall be on a non-exclusive basis.
98 Section 7 General – Clause to be added
Client acknowledges and agrees that to the fullest
extent permitted by law: (a) in no event shall the
Consultant be liable for any special, indirect,
incidental, exemplary, or consequential damages
or loss of goodwill including without limitation, loss
of use, loss of profit, loss of production, loss of
interest, business interruption, or the failure of
essential purpose, even if Consultant has been
notified of the possibility or likelihood of such
damages occurring; and (b) without limiting the
foregoing, in no event will the aggregate liability of
Not considered
Page 40 of 48
the Consultant ever exceed the amount of fees paid
by Client to Consultant pursuant to the Proposal to
which the claim relates during the twelve (12)
month period immediately preceding the date such
claim arose
99 Section 7,
Sub-section
7L, Clause 9,
Page 57
(Name of Consultants) shall also
indemnify and hold harmless the (Name
of Client) against any and all claims with
respect to loss of profit, data or goodwill,
or any other consequential, incidental,
indirect, punitive or special damages in
connection with claims, demands, and/or
judgments of any nature brought against
the (Name of Borrower) arising out of
gross negligence of the [Name of
Consultants] in the provision of services
under this contract. The liability of the
[Name of Consultants] under any
circumstance shall not exceed one time
of contract value or fee paid to the
Consultant, whichever, is lesser.
However, this limitation on…
We suggest to modify the said clause and be read
as follows– “The (Name of the Consultants) shall
also indemnify and hold harmless the (Name of
Client) against any and all claims with respect to
loss of profit, data or goodwill, or any other
consequential, incidental, indirect, punitive or
special damages in connection with claims,
demands, and/or judgments of any nature brought
against the (Name of Borrower) arising out of any
gross negligence, wilful misconduct or breach of 3rd
party intellectual property rights, breach of labour
laws or any applicable law”.
Not considered
Page 41 of 48
100 Section 7,
Sub-section
7L, Clause
16, Page 58
All reports, plans, drawings,
specifications, designs, reports, bid
documents and other documents, design
calculations, etc., submitted by the
Consultants in the performance of the
Services shall become and remain the
property of the Client. The Consultants
may retain a copy of such documents but
shall not use them for purposes
unrelated to this Contract without the
prior written approval of the Client. The
various reports and documents prepared
as part of this assignment is not a public
document and the reports / documents
will always be the property of the Client.
We request to add the following in the said clause:
“The Client however acknowledges that all right,
title and interest in the methodologies, processes,
techniques, ideas, concepts, trade secrets and
know-how (all collectively referred to as the
“Knowledge Material”) of the Consultant continue
to remain those of the Consultant even if any of
them is embodied in the reports, developed or
supplied in connection with the Services. The Client
shall have the non-exclusive perpetual license to
use the reports (including any Knowledge Material
provided as a part of the report to the Client) to the
extent necessary for the Client to use the reports
in accordance with this Contract.”
Not considered
101 Section 7,
Sub-section
7L, Clause
10, Page 58
10. The Consultant agrees that, during
the term of this Contract and after its
termination, the Consultant and any
entity affiliated with the Consultant, shall
..... be disqualified from providing goods,
works or services (other than the
Services and any continuation thereof)
for any project resulting from or closely
related to the Services.
We request the client to delete this clause. Accepted
102 The [Name of Consultants] also agree
that all knowledge and information not
within the public domain which may be
acquired during the carrying out of this
Contract, shall be, for all time and for all
purpose, regarded as strictly confidential
and held in confidence, and shall not be
directly or indirectly disclosed to any
We suggest the client to keep the confidentiality
obligation for a particular duration. Hence to clause
to be modified and be read as follows–
“The [Name of Consultants] also agree that all
knowledge and information not within the public
domain which may be acquired during the carrying
out of this Contract, shall be, for the duration of
assignment remain confidential and held in
Not considered
Page 42 of 48
person whatsoever, except with the
(Name of Client) written permission.
confidence, and shall not be directly or indirectly
disclosed to any person whatsoever, except with
the (Name of Client) written permission”.
103 General We request the addition of the following
The fees and any amounts payable under this
Agreement are exclusive of all applicable taxes
(including GST), levies, duties etc. Any such tax will
be charged over and above the fees and amounts
payable to Consultant under this Agreement. The
GST registration number (“GSTIN”) provided by
the Client will be used by Consultant for filing of the
GST returns.
With regards to the applicability of Goods and
Services Tax, the Client’s address as mentioned for
the purposes of GST will be considered as the
consumption location for the Services provided by
Consultant under this Agreement.
Consultant shall not be liable for loss of credit
arising on account of incomplete, erroneous or
wrong details captured by the Client in the details
and documents uploaded to the GSTN.
Additionally, the Client shall be responsible and
liable for providing its correct GSTIN and the
consultant will not be responsible for verification of
the Client’s GSTIN. Where the Client fails to furnish
its GSTIN, the consultant will treat the Client as
being unregistered for GSTIN.
Where Consultant issues a credit note to the Client
in relation to any invoice, the Client shall adjust and
upload its Input Tax Credit on the GSTN on or
before the end of the month in which the credit
note is issued by Consultant to the Client. If the
The Financial Proposal is
inclusive of all applicable taxes
except GST
Page 43 of 48
Client fails to do so, and this results in additional
liability for the consultant, Client shall be liable to
be reimburse Consultant for any liability incurred
by Consultant (being the tax, interest and any
penalties thereon).
The current contract pricing are based on an
assumption that GST will apply to the services
provided by the Consultant to the Client and the
consultant is able to claim credit of the GST
charged by its partners, vendors, sub-consultants.
In the event that such assumption is incorrect and
Consultant is not able to claim GST credit for the
services provided to it by vendors, partners or sub-
consultants, the consultant reserves its rights to
recover from the Client an amount equivalent to
18% of the GST or prevailing GST rate on such
invoice values to the Consultant.
BIDDER-11
104 Under
Minimum
Qualification
Criteria,
Clause
(ii) of 1.1
Clause V of
1.1 of
Minimum
Qualification
Criteria
Average Annual turnover of the Bidder
should not be less than Rs. 20 Crore
during the last three (3) financial years
(2016-17, 2017-18, 2018-19) in the
case of Bidder being a Sole Firm. In the
case of Consortium/JV Bidder, the
average annual turnover of the Lead
Member should not be less than Rs. 15
Crore during the last three (3) financial
years and the average annual turnover
of each of the other member firm(s)
should not be less than Rs. 5 Crore
during last three financial years (2016-
17, 2017-18, 2018-19).
We believe that the requirement is pertaining to
Lead Member of the consortium. We request you to
relax the requirement for minimum 5 years for
other partner of joint venture that will help start-
up consulting firms from Tamil Nadu. We request
you to please reduce the Average Annual Turnover
Requirement to Rs.10 crore which would allow
some niche specialized consulting firms in this
domain to participate.
Not considered
Page 44 of 48
105 Clause V of
1.1 of
Minimum
Qualification
Criteria
With respect to turnover, we request you to please
consider the Average Annual Turnover for the
consortium as a whole and request you not to seek
the turnover criteria from other members of the
consortium as well.
Not considered
106 Sub-clause
(a) &
(b) of (iv) of
1.1
We request you to please reduce the project cost
from Rs.500 crore toRs.150 crore and project
experience should be considered during the last 10
Financial Years ended 31.03.2019.
Please refer to the reply to the
queries in sl. No. 5 & 6 above
107 Project Core
Team
We request you to add PPP or Procurement Expert
as that expert is critical to conduct the transaction.
Not considered
108 Scope of
Work
Under Scope of Work, it is mentioned that
transaction would be undertake neither under EPC
or PPP form. However, the effort involved in each
form of contracting mode is different and therefore
it is difficult to determine the fee for this. We
request if fee can be split between Feasibility Phase
and Transaction Phase and consultant is asked to
quote for Transaction under EPC and also under
PPP mode. Authority can work out a methodology
to finally arrive at the financial quote for
evaluation.
Not considered
109 Scope of
Work
We request to let us know the number of
transactions under EPC mode because different
component might require different transaction.
Please also let us know when the role of consultant
would be considered as completed.
The role of consultant will be
completed once the
developer/promoter is selected.
Page 45 of 48
110 Due Date We request you to extend the due date of
submission by atleast 2 weeks.
Last date for submission of bid
has been extended on
06.05.2020
BIDDER-12
111 Section 5
Eligibility
Criteria and
Evaluation
Methodology
Clause No 1
(iv) Similar
Work
Experience
in
last five
years
The Bidder should have experience of at
least three (3) similar projects
We request the authority to kindly modify the
clause as below:
The Bidder should have experience of at least three
(3) similar projects (Preparation of TEFR/ DFR /
DPR and Master Plan involving detailed market
demand assessment, Architectural Master Plan and
Conceptual design, Project & financial structuring,
business plan, financial modelling etc.,) related to
development and operations of real estate
infrastructure project in the nature of large
premium Industrial Estates, Special Economic
Zones, Hotels, Convention Centres, Technology
Parks, Information Technology Parks, Office Space,
Commercial Space, Modern Townships with each
project involving capital investment (Project Cost
excluding the cost of land), not less than Rs. 100
crore during the last seven (7) financial years
ended 31.03.2019. This consultancy assignment
should necessarily be for a project in India
AND
The Bidder should have experience in providing
Transaction Advisory services to atleast two (2)
infrastructure projects with project cost not less
than Rs. 100 crore each, during the last 7 financial
years ended 31.03.2019.
Further we request the authority to kindly consider
projects of Roads/Bridges and Highways under
infrastructure projects.
Please refer to the reply to the
queries in sl. No. 5 & 6 above.
Page 46 of 48
112 Section 2
Data Sheet
Submission of Proposal- 31.03.2020
We request the authority to kindly provide 15
working days once the reply to the pre-bid queries
have been issued.
Last date for submission of bid
has been extended on
06.05.2020
BIDDER-13
113 Section 5
Eligibility
Criteria and
Minimum
Qualification
1.1
(i) The Sole firm/ all members of the
JV/Consortium Members shall either be
incorporated under the Registrar of
Companies in India or in accordance with
the respective Acts and Policies of the
respective country of operations of the
Firm and such entity(ies) should be
operating for the last five (5) years as on
March 31, 2019
We request your good office to revise this clause to
read as given below:
i. The Sole firm/ all members of the JV/Consortium
Members shall either be incorporated under the
Registrar of Companies in India or in accordance
with the respective Acts and Policies of the
respective country of operations of the Firm and
such entity(ies) should be operating for the last ten
(10) years as on March 31, 2019.
The sub clause 1.1(i) under
clause 1 in Section 5 is amended
as below:
“The Sole firm/ all members of
the JV/Consortium Members
shall either be incorporated
under the Registrar of
Companies in India or in
accordance with the respective
Acts and Policies of the
respective country of operations
of the Firm and such entity(ies)
should be operating for the last
ten (10) years as on March 31,
2019”
114 Section 5
Eligibility
Criteria and
Minimum
Qualification
(ii) The Sole firm / Lead Member of the
Consortium should have operated in
India for a minimum period of five (5)
years as on March 31, 2019 and
rendered consultancy services
i. The Sole firm / Lead Member of the Consortium
should have operated in India for a minimum
period of ten (10) years as on March 31, 2019 and
rendered consultancy services during this period.
Not considered
115 Section 5
Eligibility
Criteria and
Minimum
Qualification
1.1 iv (a)
The Bidder should have experience of at least three (3) similar projects
We request that projects of other relevant sectors
be included as well. We request your good office to
revise the clause to read as follows:
The Bidder should have experience of at least three
(3) similar projects (Preparation of TEFR/ DFR /
DPR and Master Plan involving detailed market
demand assessment, Architectural Master Plan and
Conceptual design, Project & financial structuring,
Please refer to the reply to the
query in sl. No. 5 above.
Page 47 of 48
business plan, financial modelling etc.,) related to
development and operations of real estate
infrastructure project in the nature of large
premium Industrial Estates, Special Economic
Zones, Hotels, Convention Centres, Technology
Parks, Information Technology Parks, Office Space,
Commercial Space, Modern Townships, commercial
space or land development related to/attached to
infrastructure projects such as railways, multi
modal hubs, bus terminals, etc. with each project
involving capital investment (Project Cost
excluding the cost of land), not less than Rs. 200
crore during the last ten (10) financial years ended
31.03.2019. This consultancy assignment should
necessarily be for a project in India
116 Section 5
Eligibility
Criteria and
Minimum
Qualification
1.1 iv (b)
The Bidder should have experience in
providing Transaction Advisory services
to at least two (2) infrastructure projects
with project cost not less than Rs. 500
crore each, during the last 5 financial
years ended 31.03.2019.
We request you to allow infrastructure projects of
various sectors here including Railways and other
urban transportation related projects. We request
the clause to be revised to read as follows:
The Bidder should have experience in providing
Transaction Advisory services to at least two (2)
infrastructure projects where the mode of
transaction has been either PPP or EPC and
transaction advisory for land monetisation of
various land parcel of Government Departments/
Authorities/ PSU’s including transportation projects
related to other sectors such as the Railways and
urban transportation, with project cost not less
than Rs. 200 crore each, during the last 10 financial
years ended 31.03.2019.
Please refer to the reply to the
query in sl. No. 6 above.
117 Section 5
2-2.1
We request that the revisions requested for in
clause 1, 1.1 iv (a) and (b), reflect here as well
Please refer to the reply to the
query in sl. No. 84 above.
Page 48 of 48
118 Section 5
Clause 2.1
We request that the revisions requested for in
clause 1, 1.1 iv (a)&(b), reflect here as well
Please refer to the reply to the
query in sl. No. 85 above.
119 Section 6
ToR
Reg. Site for project We request for information w.r.t site location and
extent of land to allow us to present a strong and
relevant proposal accordingly
Please refer to the reply to the
query sl. no.50 above
120 Section 6
ToR
Clause 3
Deliverables
and Payment
terms
We request that the duration of the project by
extended by 4 weeks where the timeline for
submission of the Draft Report is revised from T+9
to T+13 weeks considering the extent and detail of
works included
Please refer to the reply to the
query sl. no.40 above
Also we request you to consider the fixed success
fees based on the project cost or lease premium
paid by the successful bidder if project is finalized
to develop under PPP mode which will benefit both
authority and consultants to bring the potential
investors/ co developers or JV partner for proposed
Fintech City Project.
Not considered
BIDDER-14
121 Section 5
(iv)
Similar work experience in last 5 years Similar projects to be reduced to 80% of the
proposed cost (i-e) Rs.400 crore instead of Rs.500
crore projects in the mentioned para
Please refer to the reply to the
queries in Sl. No. 5 & 6 above
122 Page no.23 Project core team Infrastructure expect may be conceded with
experience of graduate in civil engineering with an
experience of 15 years instead of PG in civil
engineering with 10 years as proposed
Not considered