RLDA invites tender for commercial development on Railway land in Renigunta along the station road for 45 years

Rail Land Development Authority (RLDA) has invited Proposal through e-tendering mode for Grant of Lease for Commercial Development on Railway land parcel 5,532.00 sqm in Renigunta along the station road Near Hotel KR Bhavan for 45 years.

  • Tender Reference Number: RLDA/RFP/CD-43 of 2022
  • Name of Work: Grant of Lease for Commercial Development on Railway land parcel 5,532.00 sqm in Renigunta along the station road Near Hotel KR Bhavan for 45 years.
  • Reserve Price: INR 6.77 Crore
  • EMD: INR 25 Lakh
  • Document Download Start Date: 30th June, 2022
  • Document Download End Date: 17th August, 2022
  • Bid Submission Start Date: 30th June, 2022
  • Bid Submission End Date: 17th August, 2022
  • Bid Opening Date: 17th August, 2022

Scope of the Project:

  • The Selected Bidder shall carry out the development as per local building bye laws.
  • The Selected Bidder shall, at its own risk, cost, expense, and charges in connection with or incidental to the performance of the obligations of the Selected Bidder under this agreement shall procure all the requisite applicable permits for the development of the site and arrange to design, finance, construct and develop the Site.
  • No claim shall be entertained on this account. However, RLDA without any liability thereof, will assist the Lessee in obtaining the required approval / permits, the Lessee shall not be deemed absolved of its own responsibility and RLDA shall not in any way be liable for the approval/permits or for nonreceipt thereof for any reason whatsoever nor any loss or damage arising in consequences of such delay or non – receipt.

Eligibility:

  • In case the Bidder is a consortium, the aggregate Financial Eligibility of individual Members of the consortium can be considered for meeting the minimum required criteria provided each of such Members holds at least 26% of the equity in the consortium.
  • Further, the lead Member of the consortium must have a minimum of 50% of the Financial Eligibility specified in sub -Para 4.0(B).
  • A registered Limited Liability Partnership firm (LLP) is eligible for bidding.
  • Other than registered Limited Liability Partnership firms (LLP) are not eligible, however in case, Partner(s) of such Partnership Firms can participate as individuals or form a Consortium.
  • The Financial experience of the partnership firm can be considered as the experience of the Partner(s) in proportion to their respective stakes in the Partnership Firm for Financial eligibility of such Bidder/Member of Consortium.

Note:

  • Bids shall be submitted through e-bidding mode only. No other mode of bid submission shall be accepted.
  • The Bidder /Authorized representative shall submit E-bids online with his digital signature and the same person who has digitally signed e-bids shall sign requisite Bid Forms.
  • Foreign Companies are not eligible to bid for Tenders for value upto Rs. 200 Cr. as per Letter No. F.12/17/2019-PPD dt. 28.05.2020 issued by Ministry of Finance, GoI Ministry of Finance, Govt. of India.

About RLDA:

  • Rail Land Development Authority (RLDA) is a statutory body under the Ministry of Railways for the development of Railway land.
  • It has four key mandates as a part of its development plan, namely leasing of commercial sites, colony redevelopment, station redevelopment and multi-functional complexes.

The complete document can be downloaded from www.tenderwizard.in/RLDA.


Source: RLDA -Tender | Image Credit (representational): MoR