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

RFQ <strong>document</strong> <strong>for</strong> <strong>development</strong> <strong>of</strong> Four Laning <strong>of</strong> Rewa Ring Road on BOT (Toll + Annuity) basisAPPENDIX VGuidelines <strong>of</strong> the Department <strong>of</strong> Disinvestment(Refer Clause1.2.1)No. 6/4/2001-DD-IIGovernment <strong>of</strong> India Department <strong>of</strong> DisinvestmentOFFICE MEMORANDUMBlock 14, CGO ComplexNew Delhi.Dated 13 th July, 2001.Sub: Guidelines <strong>for</strong> qualification <strong>of</strong> Bidders seeking to acquire stakesin Public Sector Enterprises through the process <strong>of</strong>disinvestmentGovernment has examined the issue <strong>of</strong> framing comprehensive andtransparent guidelines defining the criteria <strong>for</strong> bidders interested in PSEdisinvestmentso that the parties selected through competitive bidding couldinspire public confidence. Earlier, criteria like net worth, experience etc. used tobe prescribed. Based on experience and in consultation with concerneddepartments, Government has decided to prescribe the following a d d i t i o n a lcriteria <strong>for</strong> the qualification/ disqualification <strong>of</strong> the parties seeking toacquire stakes in public sector enterprises through disinvestment:(a)(b)In regard to matters other than the security and integrity <strong>of</strong> thecountry, any conviction by a Court <strong>of</strong> Law or indictment/adverse order by a regulatory authority that casts a doubt on theability <strong>of</strong> the bidder to manage the public sector unit when it isdisinvested, or which relates to a grave <strong>of</strong>fence would constitutedisqualification. Grave <strong>of</strong>fence is defined to be <strong>of</strong> such a nature thatit outrages the moral sense <strong>of</strong> the community. The decision in regardto the nature <strong>of</strong> the <strong>of</strong>fence would be taken on case to case basisafter conside<strong>ring</strong> the facts <strong>of</strong> the case and relevant legalprinciples, by the Government <strong>of</strong> India.In regard to matters relating to the security and integrity <strong>of</strong> thecountry, any charge-sheet by an agency <strong>of</strong> the Government/conviction by a Court <strong>of</strong> Law <strong>for</strong> an <strong>of</strong>fence committed by thebidding party or by any sister concern <strong>of</strong> the bidding party wouldresult in disqualification. The decision in regard to the relationshipbetween the sister concerns would be taken, based on the relevantNIT No. MPRDC/BOT (T+A)/PQ/2012/ 7783 Bhopal, dated 27.09.2012 73