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(rfq) document for development of four laning of rewa ring road on ...

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RFQ <str<strong>on</strong>g>document</str<strong>on</strong>g> <str<strong>on</strong>g>for</str<strong>on</strong>g> <str<strong>on</strong>g>development</str<strong>on</strong>g> <str<strong>on</strong>g>of</str<strong>on</strong>g> Four Laning <str<strong>on</strong>g>of</str<strong>on</strong>g> Rewa Ring Road <strong>on</strong> BOT (Toll + Annuity)basisany substitute there<str<strong>on</strong>g>of</str<strong>on</strong>g>, as in <str<strong>on</strong>g>for</str<strong>on</strong>g>ce <strong>on</strong> the date <str<strong>on</strong>g>of</str<strong>on</strong>g> suchacquisiti<strong>on</strong>.The Applicant shall promptly in<str<strong>on</strong>g>for</str<strong>on</strong>g>m the Authority <str<strong>on</strong>g>of</str<strong>on</strong>g> anychange in the shareholding, as above, and failure to do so shallrender the Applicant liable <str<strong>on</strong>g>for</str<strong>on</strong>g> disqualificati<strong>on</strong> from the BiddingProcess.2.2.12 Notwithstanding anything to the c<strong>on</strong>trary c<strong>on</strong>tained herein, in theevent that the Applicati<strong>on</strong> Due Date falls within three m<strong>on</strong>ths<str<strong>on</strong>g>of</str<strong>on</strong>g> the closing <str<strong>on</strong>g>of</str<strong>on</strong>g> the latest financial year <str<strong>on</strong>g>of</str<strong>on</strong>g> an Applicant, itshall ignore such financial year <str<strong>on</strong>g>for</str<strong>on</strong>g> the purposes <str<strong>on</strong>g>of</str<strong>on</strong>g> its Applicati<strong>on</strong>and furnish all its in<str<strong>on</strong>g>for</str<strong>on</strong>g>mati<strong>on</strong> and certificati<strong>on</strong> with reference to the5 (five) years or 1 (<strong>on</strong>e) year, as the case may be, preceding itslatest financial year. For the avoidance <str<strong>on</strong>g>of</str<strong>on</strong>g> doubt, financial yearshall, <str<strong>on</strong>g>for</str<strong>on</strong>g> the purposes <str<strong>on</strong>g>of</str<strong>on</strong>g> anApplicati<strong>on</strong> hereunder, mean the accounting year followed by theApplicant in the course <str<strong>on</strong>g>of</str<strong>on</strong>g> its normal business.2.3 Change in compositi<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> the C<strong>on</strong>sortium2.3.1 Change in the compositi<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> a C<strong>on</strong>sortium will not be permittedby the Authority du<str<strong>on</strong>g>ring</str<strong>on</strong>g> the Qualificati<strong>on</strong> Stage.2.3.2 Where the Bidder is a C<strong>on</strong>sortium, change in the compositi<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g>a C<strong>on</strong>sortium may be permitted by the Authority du<str<strong>on</strong>g>ring</str<strong>on</strong>g> the BidStage, <strong>on</strong>ly where:(a) the applicati<strong>on</strong> <str<strong>on</strong>g>for</str<strong>on</strong>g> such change is made no later than 15(fifteen) days prior to the Bid Due Date;(b) the Lead Member c<strong>on</strong>tinues to be the Lead Member <str<strong>on</strong>g>of</str<strong>on</strong>g>the C<strong>on</strong>sortium;(c)(d)the substitute is at least equal, in terms <str<strong>on</strong>g>of</str<strong>on</strong>g> TechnicalCapacity, to the C<strong>on</strong>sortium Member who is sought to besubstituted and the modified C<strong>on</strong>sortium shall c<strong>on</strong>tinue tomeet the pre-qualificati<strong>on</strong> and short-listing criteria <str<strong>on</strong>g>for</str<strong>on</strong>g>Applicants; andthe new Member(s) expressly adopt(s) the Applicati<strong>on</strong>________________________________________________________________________________________________________________________________NIT No. MPRDC/BOT (T+A)/PQ/2012/ 7783 Bhopal, dated 27.09.2012 - 20 -

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