Rail Land Development Authority (RLDA) has invited Proposal through e-tendering mode for Grant of lease for Residential Development on plot of approx. area 4296.83 sqm of railway land at Victoria Crescent, Chennai (TN) for 99 years.
- Tender Reference Number: RLDA/RFP/CD-37 of 2022
- Name of Work: Grant of lease for Residential Development on plot of approx. area 4296.83 sqm of railway land at Victoria Crescent, Chennai (TN) for 99 years.
- Reserve Price: INR 35.65 Crore
- EMD: INR 75 Lakh
- Document Download Start Date: 30th May, 2022
- Document Download End Date: 28th July, 2022
- Bid Submission Start Date: 30th May, 2022
- Bid Submission End Date: 28th July, 2022
- Bid Opening Date: 28th July, 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.
Eligibility:
- 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.
- 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.
Note:
- In case a Bidder/Member of the Consortium is drawing any financial eligibility of its holding/subsidiary Company /Entity, a separate Form-4 in the name of each such company/entity firm along with proof of relationship with the Bidder/Member of the Consortium shall also be attached which should also be supported with relevant applicable Form-9, 9 (A), 10 and 10 (A) of Part-III ITB.
- In case Members of a Consortium are aggregating their individual experiences to qualify, the above information must be provided separately for each Member as per the specified format signed by the respective statutory auditors.
- For those Bidders/their Members whose accounts are not required to be audited as per the law “Statutory Auditor” will be replaced with “practising Chartered Accountant” who is a member of ICAI.
- In jurisdictions (foreign countries) that do not have Statutory Auditors, the firm of auditors which audits the annual accounts of the Bidder may provide the certificates required under Financial Eligibility criteria.
- In case Bid Form 4 consists of more than one page, Statutory Auditor & Authorised Signatory shall sign with seal on all pages.
- Partners of a Partnership Firm can participate as individuals or form a Consortium. The Financial experience of the partnership firm can be considered as the experience of Partner(s) in proportion to their respective stakes in the Partnership Firm for Financial eligibility for such Bidder/Member of Consortium. The Bidder has to also submit the copy of Partnership Deed and Bid Forms – 9A & 10A.
- Please refer to clause 3(b)(iv) of “Part-I Regulations for Bids and Lease Agreements”.
The complete document can be downloaded from www.tenderwizard.in/RLDA
Source: RLDA -Tender | Image Credit (representational): MoR
