TIRUPATI URBAN DEVELOPMENT AUTHORITY - TIRUPATHI ...
TIRUPATI URBAN DEVELOPMENT AUTHORITY - TIRUPATHI ... TIRUPATI URBAN DEVELOPMENT AUTHORITY - TIRUPATHI ...
Tirupathi Urban Development Authority Business Profile 5% Technical & Managerial capability and Relevant Past Experience 25% Project Details 30% Composition of Team assigned to implement the project 15% Presentation of the proposal 25% Total 100% Based on the score assigned out of 100 to each Bidder, the Techno-Business Proposal of each Bidder shall be scoped. The objective of the above assessment shall not be to “rank” the bids but to establish the inherent technical competence and planning capability of the Bidders and also to determine whether the bid is fundamentally sound on the above parameters. Towards this end, TUDA reserves the right to seek clarifications, permit discussions / modification and seek a final resolution on contentious issues. The Bidders, whose Techno-Business Proposals score a minimum threshold level of 70% (seventy percent) in the evaluation shall be considered for qualification for the next stage of the evaluation. The Bidders who score less than the minimum threshold level shall be rejected and their Commercial Offer (Cover 3) shall be returned unopened. TUDA, however, at all times also retains the right to reject Bid in cases where TUDA (in its sole opinion), considers the bid materially inconsistent, deficient, technically unsound or unacceptable in any other respect. Request For Proposal Development of Integrated Tourism Temple Township on Public Private Partnership Basis 37
Tirupathi Urban Development Authority SECTION 8 (COVER 3) COMMERCIAL OFFER EVALUATION 8.1 Objective of Commercial Offer Evaluation The Commercial Offer evaluation seeks to select the entity offering the best commercial terms. 8.2 Evaluation Financial Model For the purpose of evaluating the comparative attractiveness of Commercial Offers of various Bidders, TUDA has prepared a nominal business plan for the Integrated Tourism Temple Township (“Evaluation Financial Model”). The Evaluation Financial Model is solely for the purpose of evaluating the comparative attractiveness of different Commercial Offers on common and transparent platform and the cashflows assumptions do not represent TUDA’s assessment of revenues from the Project over the years. The Evaluation Financial Model does not constitute any representation, warranty, commitment or expectation on the part of TUDA from the Project. The actual cashflows generated from the Project may be materially different from the ones projected in the Evaluation Financial Model and this shall not in any way affect or compromise the selection process or the commitments made by the Selected Developer under the Development Agreement. The Evaluation Financial Model shall be given along with this RFP (Exhibit 13) and the Bidders are advised that their Commercial Offer shall be evaluated with respect to the same. 8.3 Commercial Offer Parameters Bidders are required to quote their best offer in terms of the fixed amount of money to be paid upfront to TUDA and/ or revenue sharing with TUDA from residential and commercial space. The revenue sharing shall be in the form of a share (“Percentage Share”) of gross revenue from sale of all residential and commercial assets (“Revenue Share”). The Revenue Share shall also be due in respect of unsold residential/ commercial units at the end of the 7 years from the Drop Dead Date. The Revenue Share would be payable at the end of each quarter. If the Project Company wants to retain the residential/ commercial space (so that it may lease it out), the Project Company would have to first purchase the said residential/ commercial space by paying TUDA the Revenue Share that would be due. The Revenue Share would be based on a price to be determined by a professional agency appointed by TUDA. If the price is disputed by the Project Company, as an alternative, TUDA may exercise the right to retain for itself the Percentage Share of the residential/ commercial space at a location of its choice. The Successful Bidder would get the right of freehold on such retained residential/ commercial space on discharge of its obligations to TUDA. Request For Proposal Development of Integrated Tourism Temple Township on Public Private Partnership Basis 38
- Page 1 and 2: TIRUPATI URBAN DEVELOPMENT AUTHORIT
- Page 3 and 4: TABLE OF CONTENTS GLOBAL INVITATION
- Page 5 and 6: Tirupathi Urban Development Authori
- Page 7 and 8: Tirupathi Urban Development Authori
- Page 9 and 10: Tirupathi Urban Development Authori
- Page 11 and 12: Tirupathi Urban Development Authori
- Page 13 and 14: Tirupathi Urban Development Authori
- Page 15 and 16: Tirupathi Urban Development Authori
- Page 17 and 18: Tirupathi Urban Development Authori
- Page 19 and 20: Tirupathi Urban Development Authori
- Page 21 and 22: Tirupathi Urban Development Authori
- Page 23 and 24: Tirupathi Urban Development Authori
- Page 25 and 26: Tirupathi Urban Development Authori
- Page 27 and 28: Tirupathi Urban Development Authori
- Page 29 and 30: Tirupathi Urban Development Authori
- Page 31 and 32: Tirupathi Urban Development Authori
- Page 33 and 34: Tirupathi Urban Development Authori
- Page 35 and 36: Tirupathi Urban Development Authori
- Page 37 and 38: Tirupathi Urban Development Authori
- Page 39: Tirupathi Urban Development Authori
- Page 43 and 44: Tirupathi Urban Development Authori
- Page 45 and 46: Tirupathi Urban Development Authori
- Page 47 and 48: Tirupathi Urban Development Authori
- Page 49 and 50: Tirupathi Urban Development Authori
- Page 51 and 52: Tirupathi Urban Development Authori
- Page 53 and 54: Tirupathi Urban Development Authori
- Page 55 and 56: Tirupathi Urban Development Authori
- Page 57 and 58: Tirupathi Urban Development Authori
- Page 59 and 60: Tirupathi Urban Development Authori
- Page 61 and 62: Tirupathi Urban Development Authori
- Page 63 and 64: Tirupathi Urban Development Authori
- Page 65 and 66: Tirupathi Urban Development Authori
- Page 67 and 68: Tirupathi Urban Development Authori
- Page 69 and 70: Tirupathi Urban Development Authori
- Page 71 and 72: Tirupathi Urban Development Authori
- Page 73 and 74: Tirupathi Urban Development Authori
- Page 75 and 76: Tirupathi Urban Development Authori
- Page 77: Tirupathi Urban Development Authori
Tirupathi Urban Development Authority<br />
Business Profile 5%<br />
Technical & Managerial capability and Relevant Past Experience 25%<br />
Project Details 30%<br />
Composition of Team assigned to implement the project 15%<br />
Presentation of the proposal 25%<br />
Total 100%<br />
Based on the score assigned out of 100 to each Bidder, the Techno-Business Proposal<br />
of each Bidder shall be scoped.<br />
The objective of the above assessment shall not be to “rank” the bids but to establish the<br />
inherent technical competence and planning capability of the Bidders and also to<br />
determine whether the bid is fundamentally sound on the above parameters. Towards<br />
this end, TUDA reserves the right to seek clarifications, permit discussions / modification<br />
and seek a final resolution on contentious issues.<br />
The Bidders, whose Techno-Business Proposals score a minimum threshold level of 70%<br />
(seventy percent) in the evaluation shall be considered for qualification for the next stage<br />
of the evaluation. The Bidders who score less than the minimum threshold level shall be<br />
rejected and their Commercial Offer (Cover 3) shall be returned unopened.<br />
TUDA, however, at all times also retains the right to reject Bid in cases where TUDA (in<br />
its sole opinion), considers the bid materially inconsistent, deficient, technically unsound<br />
or unacceptable in any other respect.<br />
Request For Proposal<br />
Development of Integrated Tourism Temple Township on Public Private Partnership Basis<br />
37
Change language