TIRUPATI URBAN DEVELOPMENT AUTHORITY - TIRUPATHI ...

Tirupathi Urban Development Authority
meet the minimum threshold Technical and Financial capabilities as set out in this RFP
for the Project would be qualified and their Techno-Business Proposal (Cover 2) would
be opened for evaluation. The qualified Bidders would be evaluated for their business
plan and Bidders who clear the minimum threshold in detailed technical evaluation would
have their Commercial Offer (Cover 3) opened and evaluated.
3.2.2 The responsive Proposals and Bidders found to possess minimum threshold technical
and financial capabilities will undergo a detailed technical evaluation. On the basis of this
technical evaluation process, TUDA would open the Commercial Offer of the shortlisted
Bidders. The Commercial Offer which offers best financial terms to TUDA shall be
considered as the Preferred Proposal. The Preferred Proposal, so submitted, shall be
compared with the proposal submitted by Original Proposal Proponent. If the Preferred
Proposal is found better, the Original Proposal Proponent shall be given a chance to
match the Preferred Proposal. If the Original Proposal Proponent matches the Preferred
Proposal, the Project shall be awarded to the Original Project Proponent. Failing to match
the best proposal would lead to award of the Project to the developer who submitted the
Preferred Proposal, and the Original Proposal Proponent shall be compensated by the
Selected Developer to the extent of Rs 40 lacs (Indian Rupees Forty Lacs only) for the
resources invested in preparation of the proposal. TUDA will issue a Letter of Award to
the Selected Developer.
3.2.3 All Bidders are required to submit their Proposal in accordance with the guidelines set
forth in this RFP. In order to promote consistency among Proposals and minimize
potential misunderstandings regarding how Bidders’ Proposals will be interpreted by
TUDA, the format in which Bidders will specify the fundamental aspects of their
Proposals has been broadly outlined in this RFP. This RFP deals with identification of
Selected Developer and at the end of the process, TUDA expects to announce the
Selected Developer for implementing the Project.
3.2.4 The Bidders are expected to examine the Project in detail and carry out such studies as
may be required to submit their detailed proposals for the implementation of the Project.
No demand assessment studies have been undertaken by TUDA. The onus vests with
the Bidders to undertake demand assessment or any other studies that they might find
necessary for the Project.
3.2.5 TUDA reserves the right not to follow up this RFP and terminate the entire selection
process without any obligation to any of the Applicants / Bidders.
3.2.6 The terms used in this RFP and not defined herein shall have the meaning ascribed
thereto in the Development Agreement (Exhibit 14 of this RFP).
3.2.7 Following the issue of the Letter of Award, the Selected Developer shall be required to
form a Company (hereinafter referred to as the “Contractor”). The Development
Agreement shall be executed between the Contractor, Selected Developer and TUDA. In
Request For Proposal
Development of Integrated Tourism Temple Township on Public Private Partnership Basis
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