TIRUPATI URBAN DEVELOPMENT AUTHORITY - TIRUPATHI ...

Tirupathi Urban Development Authority
Year 2007* 2008* 2009** 2010** 2011** 2012** 2013**
Bidder 1 2.00 8.00 1.45 2.16 3.34 4.28 5.10
Bidder 2 3.00 12.00 0.80 1.16 1.83 2.31 2.70
* 20% of the Development Fee assumed to accrue in year 2007 as being within 30 days of
Development Agreement, and 80% accruing in year 2008 as being due in 180 days from the
execution of Development Agreement
** For Bidder 1 = G x J + H x K
Bidder 2 = G x M + H x N
With the above implied cashflows, the NPV calculated @ 12.00% i.e. NPV(12.00%,
cashflows 2007:2013) for the Bidders is as:
NPV
Rs Crores
Bidder 1 18.97
Bidder 2 19.02
The Ranking of the Commercial Offers from the Bidders in relative attractiveness to TUDA
i.e. descending order of NPV is as:
NPV
Rs Crores
Bidder 2 19.02
Bidder 1 18.97
Preferred Proposal
Request For Proposal
Development of Integrated Tourism Temple Township on Public Private Partnership Basis
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