Thandla-Limdi - Madhya Pradesh Road Development Corporation ...

Application hereunder, mean the accounting year followed by the Applicant in thecourse of its normal business.2.3 Change in composition of the Consortium2.3.1 Change in the composition of a Consortium will not be permitted by the Authorityduring the Qualification Stage.2.3.2 Where the Bidder is a Consortium, change in the composition of a Consortiummay be permitted by the Authority during the Bid Stage, only where:(a)(b)(c)(d)the application for such change is made no later than 15 (fifteen) daysprior to the Bid Due Date;the Lead Member continues to be the Lead Member of the Consortium;the substitute is at least equal, in terms of Technical Capacity, to theConsortium Member who is sought to be substituted and the modifiedConsortium shall continue to meet the pre-qualification and short-listingcriteria for Applicants; andthe new Member(s) expressly adopt(s) the Application already made onbehalf of the Consortium as if it were a party to it originally, and is not anApplicant/Member/Associate of any other Consortium bidding for thisProject.2.3.3 Approval for change in the composition of a Consortium shall be at the solediscretion of the Authority and must be approved by the Authority in writing.2.3.4 The modified/ reconstituted Consortium shall submit a revised Jt. BiddingAgreement before the Bid Due Date.2.3.5 Notwithstanding anything to the contrary contained in sub-clause (c) (i) of Clause2.2.1, an Applicant may, within 10 (ten) days after the Application Due Date,remove from its Consortium any Member who suffers from a Conflict of Interest, andsuch removal shall be deemed to cure the Conflict of Interest arising in respectthereof.2.4 Number of Applications and costs thereof2.4.1 No Applicant shall submit more than one Application for the Project. Anapplicant applying individually or as a member of a Consortium shall not beentitled to submit another application either individually or as a member of anyConsortium, as the case may be.2.4.2 The Applicants shall be responsible for all of the costs associated with thepreparation of their Applications and their participation in the Bid Process. TheAuthority will not be responsible or in any way liable for such costs, regardless ofthe conduct or outcome of the Bidding Process.- 16 -