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TIRUPATI URBAN DEVELOPMENT AUTHORITY - TIRUPATHI ...

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Tirupathi Urban Development Authority<br />

case the Selected Developer is a Consortium, the equity holding of the Consortium<br />

members in the Contractor would be as per the requirements of this RFP.<br />

3.2.8 The principal contract between TUDA, the Contractor and the Selected Developer will be<br />

the Development Agreement, a draft of which is provided as Exhibit 14 of this RFP.<br />

3.3 Eligible Bidders<br />

3.3.1 The Bidder may be a single entity (hereinafter referred to as ‘Bidding Company’) or a<br />

group of entities (hereinafter referred to as ‘Bidding Consortium’), coming together to<br />

implement the Project. The term Bidder used hereinafter would therefore apply to both<br />

Bidding Company and a Consortium. The purchaser of the RFP document must be the<br />

Bidder itself or a member of the Bidding Consortium submitting the Proposal. In case the<br />

Bidder is a Consortium, it must comply with the additional requirements for Bidding as a<br />

Consortium as specified in Section 3.4 of this RFP.<br />

3.3.2 At any point in time during the Bidding Process, if required by TUDA, it is the Bidders’<br />

responsibility to provide required evidence of their eligibility as per the terms of the RFP,<br />

to the satisfaction of TUDA.<br />

3.3.3 One company, single or Joint Venture firm shall not be eligible to submit more than one<br />

bid, either individually or as a member of a Bidding Consortium for this Project.<br />

3.3.4 All Bids must be submitted, duly signed by the Bidder (or a member authorised to sign<br />

the Proposal on behalf of the Bidding Consortium) under the covering letter for Proposal<br />

submission, the format for which is provided at Exhibit 2 of this RFP.<br />

3.3.5 The Bidding Company or the Bidding Consortium, as the case may be, would be liable for<br />

the execution of the Project in accordance with the terms of the Development Agreement.<br />

3.4 Additional requirements for Proposals submitted by a Bidding<br />

Consortium<br />

3.4.1 Proposal submitted by a Bidding Consortium should comply with the following additional<br />

requirements:<br />

(i)<br />

(ii)<br />

(iii)<br />

(iv)<br />

Number of members in a consortium would be limited to 3 (Three);<br />

Wherever required, the Proposal should contain the information required for each<br />

member of the Bidding Consortium;<br />

One of the Bidding Consortium members should have purchased the RFP from<br />

TUDA or have paid the non refundable fee of Rs. 50,000 (Rupees Fifty Thousand<br />

only) to TUDA as specified in the RFP;<br />

The Proposal should include a description of the roles and responsibilities of<br />

individual members;<br />

Request For Proposal<br />

Development of Integrated Tourism Temple Township on Public Private Partnership Basis<br />

10

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