REQUEST FOR PROPOSALS

1. It is envisaged that the project stretch should be implemented on EPC/BOT
basis, therefore, the Consultant shall study the financial viability of the project
under a commercial format and under different user fee scenarios and funding
options. The Consultants shall submit and finalise in consultation with the
NHIDCL officers the format for the analysis and the primary parameters and
scenarios that should be taken into account while carrying out the commercial
analysis. The financial model so developed shall be the property of NHIDCL.
2. The Financial analysis for the project should cover financial internal rate of
return, projected income statements, balance sheets and fund flow statements
and should bring out all relevant assumptions. The sensitivity analysis should
be carried out for a number of probabilistic scenarios.
3. The financial analysis should cover identification, assessment, and mitigating
measures for all risks associated with the project. The analysis shall cover, but
be not limited to, risks related to construction delays, construction costs
overrun, traffic volume, revenue shortfalls, operating costs, exchange rate
variations, convertibility of foreign exchange, interest rate volatility, noncompliance
or default by contractors, political risks and force majeure.
4. The Consultant shall suggest positive ways of enhancing the project Viability
and furnish different financial models for implementing on BOT format.
7. Time period for the service
1. Time period envisaged for the study of the project is indicated in Annex-I to
LOI. The final reports, drawings and documentation shall be completed within
this time schedule.
2. NHIDCL shall arrange to give approval on all sketches, drawings, reports and
recommendations and other matters and proposals submitted for decision by
the Consultant in such reasonable time so as not to delay or disrupt the
performance of the Consultant’s services.
8. Project Team and Project Office of the Consultant
1. The Consultants shall be required to form a multi-disciplinary team for this
assignment. The Consultants Team shall be manned by adequate number of
experts with relevant experience in the execution of similar detailed design
assignments.
2. List of suggested key personnel to be fielded by the Consultant with
appropriate man-month of consultancy services is given in Enclosure I as per
clients assessment.
3. A Manning Schedule for key personnel mentioned above is enclosed as
Enclosure I along with broad job- description and qualification as Enclosure II.
The information furnished in Enclosures I & II are to assist the Consultants
to understand the client’s perception about these requirements and shall be
taken by the Consultants for the purpose of Financial Proposal and
deployment schedule etc. in technical proposal to be submitted by them. Any
deviation proposed may be recorded in the comments on TOR. All the key
personnel mentioned will be evaluated at the time of evaluation of technical
proposal. Consultants are advised in their own interest to frame the technical