MINUTES OF THE PRE-BID MEETING HELD ON 09.08.2010for 24 ...

Concessionaire. The provision may be reviewed tomake the project bidding inline with general terms andconditions for such projects.35 Article 26.2 – Stipulates that the Concessionaire wouldbe required to pay additional concession fee equal to0.5% of TPC for each year to the MPRDC. The rate ofadditional concession fee is to be increase @ 5% ascompared to immediately preceding year. Thisprovision will be a big financial drain on the revenuesof the project. The provision need to be considered fordeletion.36 Article 43.3 – Stipulates that if any property tax ispayable, the same has to be borne by theConcessionaire. Normally property tax on properties isto be borne by the owner of the property and not bylessee (Concessionaire in this case). The provisionneeds to be reviewed for suitable modification.37 Clause 2.1(a) Scope of the project (a) – construction,up-gradation of the Border Check Post……………….Schedule DThe project is on DBFOT Basis but the Scope does notinclude the same.The clause should read as follows:(a) Design, built, finance, operate, up-gradation of theBorder Check Post………….Schedule D38 Clause 3.1.1 Subject according to and in accordancewith the provisions………exclusive right andlicense…….. Agreement to construct, operate andmaintain the Project……….set forth herein.No changeNo changeNo change. Draft Concession Agreement addresses thespirit.No change. Draft Concession Agreement addresses thespirit.8