RLDA invites tender for grant of lease for commercial development of railway land in Tiruvottiyur, Chennai for 30 years

Rail Land Development Authority (RLDA) has invited Proposal through e-tendering mode for Grant of lease for commercial development for warehouse use on railway land parcel of two land portions named Plot C of 50,010 sqm and Plot D of 50,010 sqm situated at Railway Land in Tiruvottiyur, Chennai for 30 years.

  • Tender Reference Number: RLDA/RFP/CD-53 of 2022
  • Name of Work: Grant of lease for commercial development for warehouse use on railway land parcel of two land portions named Plot C of 50,010 sqm and Plot D of 50,010 sqm situated at Railway Land in Tiruvottiyur, Chennai for 30 years.”
  • EMD: Land Part C-INR 75 lakh, Land Part D-INR 75 lakh
  • Document Download Start Date: 26th August, 2022
  • Document Download End Date: 28th October, 2022
  • Pre-Bid Meeting: 13th September, 2022
  • Bid Submission Start Date: 26th August, 2022
  • Bid Submission End Date: 28th October, 2022
  • Bid Opening Date: 28th October, 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 non-receipt thereof for any reason whatsoever nor any loss or damage arising in consequences of such delay or non – receipt.
  • The Bidder shall be permitted to market and sub-lease Built Up Area for usage of any legal and lawful activities.
  • Present Bid has been invited for two Plots : Plot D and Plot C as shown in plan in Part-V of RFP with offered FSI of 0.55 for Plot C and FSI of 0.55 for Plot D as mentioned in Bid Form-12 A and Bid Form 12 B respectively.
  • However, the Selected Bidder/Lessee has the liberty to undertake Commercial Development as per requirement and by utilizing FSI permissible under regulations for which the lessee shall have to pay additional lease premium and increased annual lease rent as per Article-5 of GCLA (Part-II of RFP).
  • The particulars of site are, District: Chennai, Taluk: Tiruvottiyur Town, Tiruvottiyr, Ward: 027(Ward:E),Block : 005 , Survey Field 3, Subdivision; Sathangadu Village of Taluk, Tiruvottiyur (as per extract from the town Survey Land Register), copy attached at Part V of bid document. Site is located along the Buckingam Canal and Ennore High Road in Thiruvottiyur, Chennai. The Site is boundary by as below:
NorthTiruvottiyur Manali Road (Towards CPCL)
EastEnnore High Road
SouthRailway Land
WestBuckingham Canal

Reserve Price:

Site NameArea (Sqm)FSI offeredReserve Price
Tiruvottiyur, Chennai (Plot C50,0100.5525.3 cr
Tiruvottiyur, Chennai (Plot D)50,0100.5525.3 cr

Eligibility for a Consortium:

  • In case the Bidder is a consortium, the aggregate Technical Eligibility and 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) above.

Consortium Requirements:

  • Bids submitted by a consortium of Bidders must comply with following requirements.
  • The number of Members shall not exceed [4 (four)] Members, each meeting the requirement specified in Clause 5.1 above.
  • The Consortium shall furnish a joint bidding agreement (the “Joint Bidding Agreement”) on an on-judicial Stamp Paper of a minimum of Rs. 100/- (Rupees one hundred only) as per the format provided in the relevant Bid Form, which shall be legally binding on all the Members.
  • In case the Consortium is selected, the Joint Bidding Agreement shall continue in full force and effect till the Lease Agreement becomes Effective and thereafter the legal liabilities of the Members shall be governed by the relevant equity lock in provisions of the Lease Agreement. However, in case the Consortium does not get selected for award of the Project, the Joint Bidding Agreement will stand terminated on return of the Bid Security by RLDA.
  • One of the Members of the Consortium holding at least 26% (twentysix per cent) of the paid up and subscribed equity/ownership stake in the Consortium as well as contributing a minimum of 50% (fifty per cent) of the specified Financial Eligibility shall be authorized and nominated as the Lead Member to act and represent all the Members of the Consortium for bidding and implementation of the Project.
  • This authorization shall be evidenced by submitting a Power of Attorney signed by legally authorized signatories of all the Members as per format provided in the relevant Bid Form.
  • Change of the Lead Member will not be allowed under any circumstance.
  • A Bidder or a Member of a consortium can be a Member in only one consortium of Bidders; if a Bidder/Member participates in more than one Bid for the same Project/Site, all Bids of which it is a part would be summarily rejected.
  • All Members of the consortium of Bidders shall be liable jointly and severally for the execution of the Project.

Eligibility for a Partnership Firm:

  • 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.

The following requirements also need to be fulfilled:

  • The Partnership Firm must be a registered partnership firm under the provisions of Partnership Act, 1932.
  • Certified true copy of the Partnership Deed shall be furnished with the Bid for the relevant period so as to ascertain the /minimum average annual total/gross turnover.
  • The Firm must be in existence and in operation during the Bid Submission Date.
  • The statement related to financial eligibility of the Partnership Firm shall be duly certified by a Statutory Auditor/practising Chartered Accountant.
  • The Partnership Firm shall furnish an undertaking to support the Bidder, in the Bid Forms- 9A & 10A. This undertaking must be signed by all Partners of the Firm or by Partner duly authorised by all Partners in this behalf.

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

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