TIRUPATI URBAN DEVELOPMENT AUTHORITY - TIRUPATHI ...

Tirupathi Urban Development Authority
SECTION 6 (COVER 1)
TECHNICAL AND FINANCIAL CAPABILITY EVALUATION
The Cover 1 submission i.e. Technical and Financial Capability of the Bidders shall be
assessed at this stage.
6.1 Objective
In this stage the Technical and Financial Capability of the Bidding Company /Bidding
Consortium in establishing the Project would be assessed. The Bidder’s competence and
capability would be judged and established by the following parameters:
(a) Experience as developer and /or contractor
(b) Financial capability in terms of
i. Net Worth
ii. Net cash accruals
iii. Equity Financing Plan
On each of these parameters, the Bidder would be required to meet the evaluation
criteria as detailed later in this Section. The Experience and Financial capability ( Net
Worth and Net Cash Accrual) are pass/fail criteria, whereas Equity Financing Plan
assesses the Bidder’s plan to provide financials into the Project.
6.2 Evaluation Criteria for Technical Capability
6.2.1 The following categories of experience would qualify as eligible experience (“Eligible
Experience”) as a developer and / or construction contractor:
Category 1: Project development experience in residential/ commercial/ mixed-use/
township development, real estate, industrial parks
Category 2: Construction experience in residential/ commercial/ mixed-use/ township
development, real estate, industrial parks
6.2.2 Eligible Experience would be measured only for Eligible Projects.
6.2.3 For a project to qualify as an Eligible Project :
Under Category 1:
a. It should meet the Threshold Size as stipulated in Table 6.1 below;
b. It should have been commissioned during the 2 year period immediately preceding
this RFP Issue Date;
c. The entity claiming experience should have held a minimum of 26% equity in the
project as on date of commissioning.
Under Category 2:
Request For Proposal
Development of Integrated Tourism Temple Township on Public Private Partnership Basis
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