RFP FOR CONSULTANT / TRANSACTION ADVISOR FOR PROJECT STRUCTURING AND BID PROCESS MANAGEMENT 2019 Price Rs. 2360/- (Incl. GST) RFP No. F-1(R-86)/JMRC/DCA/Rev./17-18/09 Dated : 13.08.2019 SELECTION OF CONSULTANT / TRANSACTION ADVISOR FOR PROJECT STRUCTURING AND BID PROCESS MANAGEMENT FOR LEASING OF LAND SPACES ADJACENT/ ABOVE METRO STATIONS OF PHASE-1A REQUEST FOR PROPOSAL [2nd Stage] Jaipur Metro Rail Corporation Ltd. (A Govt. of Rajasthan Undertaking) Corporate Affairs Directorate 2ndFloor,A-Wing, Admin Building, Metro Depot, Bhrigu Path, Mansarovar, Jaipur (Rajasthan) - 302020 Website:www.jaipurmetrorail.in,http://transport.rajasthan.gov.in/jmrc CIN: U60221RJ2010SGC030630 Signature of Agency (Authorised Signatory) Page 1 RFP FOR CONSULTANT / TRANSACTION ADVISOR FOR PROJECT STRUCTURING AND BID PROCESS MANAGEMENT 2019 TABLE OF CONTENTS DISCLAIMER .................................................................................................................................................................. 4 DEFINITIONS ................................................................................................................................................................. 5 1. NOTICE INVITING BIDS ............................................................................................................................... 6 1.1 INTRODUCTION .............................................................................................................................................. 6 1.2 SCHEDULE OF BIDDING PROCESS ....................................................................................................... 9 1.3 ELIGIBILITY CRITERIA OF BIDDERS .................................................................................................... 11 1.4 SALES / DOWNLOAD OF RFP ................................................................................................................. 11 2. INSTRUCTIONS TO BIDDERS .................................................................................................................. 13 2.1 GENERAL INSTRUCTIONS ........................................................................................................................ 13 2.2 DUE DILIGENCE BY BIDDER .................................................................................................................. 15 2.3 PRE-BID CONFERENCE ............................................................................................................................ 16 2.4 CLARIFICATION / AMENDMENT /ADDENDUM ............................................................................... 17 2.5 COST OF BID DOCUMENT (TENDER FEE) AND E-TENDER PROCESSING FEE .................. 17 2.6 BID SECURITY .............................................................................................................................................. 18 2.7 SUBMISSION OF PROPOSAL ................................................................................................................... 19 2.8 EVALUATION OF PROPOSALS ................................................................................................................. 21 2.8.1 GENERAL ........................................................................................................................................................ 22 2.8.2 EVALUATION OF TECHNICAL BID......................................................................................................... 23 2.8.3 EVALUATION OF FINANCIAL BID .......................................................................................................... 26 2.8.4 COMBINED AND FINAL EVALUATION .................................................................................................. 27 2.8.5 AWARD OF CONTRACT, SIGNING OF AGREEMENT & PERFORMANCE SECURITY: .......... 27 2.9 CONFLICT OF INTEREST .......................................................................................................................... 30 3. TERMS OF REFERENCE (TOR) ............................................................................................................... 33 3.1 DETAILS OF AREA OF LAND / SPACES .............................................................................................. 33 3.2 SCOPE OF WORK ......................................................................................................................................... 33 3.2.1 INCEPTION REPORT: [DELIVERABLE: INCEPTION REPORT] ...................................................... 34 3.2.2 FEASIBILITY STUDY [DELIVERABLE: FEASIBILITY REPORT] .................................................... 34 3.2.3 DETAILED PROJECT STRUCTURING (DELIVERABLE : DPSR) ................................................... 36 3.2.4 PREPARATION OF TERM SHEET [DELIVERABLE: TERM SHEET] ............................................. 38 3.2.5 PREPARATION OF RFP DOCUMENT: [DELIVERABLE: DRAFT RFP & FINAL RFP] ............... 38 3.2.6 BID PROCESS MANAGEMENT AND SELECTION OF DEVELOPER/ CONCESSIONAIRE ...................................................................................................................................... 39 3.2.7 ASSISTANCE IN CONTRACT: ................................................................................................................... 39 3.2.8 CONSULTATION WITH JMRC .................................................................................................................. 40 3.2.9 OTHER TERMS & CONDITIONS: ............................................................................................................ 40 3.2.10 COORDINATION ........................................................................................................................................... 41 3.3 TIMELINES AND DELIVERABLES .......................................................................................................... 41 Signature of Agency (Authorised Signatory) Page 2 RFP FOR CONSULTANT / TRANSACTION ADVISOR FOR PROJECT STRUCTURING AND BID PROCESS MANAGEMENT 2019 3.4 DURATION & VALIDITY OF CONTRACT ............................................................................................... 42 3.5 EXTENSION OF TIME ................................................................................................................................. 42 3.6 LIQUIDATED DAMAGES ............................................................................................................................ 43 3.7 PROFESSIONAL FEE [Project Development Fee] ............................................................................... 44 3.7.1 FIXED FEE: .................................................................................................................................................... 44 3.7.2 SUCCESS FEE .............................................................................................................................................. 44 3.8 APPROVALS AND PROGRESS REPORTS ............................................................................................. 45 3.9 TERMINATION OF CONTRACT AGREEMENT ..................................................................................... 45 3.10 RISK & COST ................................................................................................................................................. 46 3.11 PENALTY FOR FAILURE TO EXECUTE THE WORK AS PER CONTRACT AGREEMENT ................................................................................................................................................. 46 3.12 FORCE MAJEURE ........................................................................................................................................ 46 3.13 ARBITRATION ................................................................................................................................................ 47 3.14 FRAUD AND CORRUPT PRACTICES ...................................................................................................... 48 ANNEXURE - I ............................................................................................................................................................. 50 CHECK LIST ................................................................................................................................................................. 50 ANNEXURE – II ............................................................................................................................................................ 52 COVERING LETTER FORMAT ................................................................................................................................ 52 ANNEXURE-III ............................................................................................................................................................. 54 STANDARD FORMAT FOR POWER OF ATTORNEY FOR SIGNING THE BID ......................................... 54 ANNEXURE-IV ............................................................................................................................................................. 56 INFORMATION ABOUT BIDDER ............................................................................................................................ 56 ANNEXURE-V .............................................................................................................................................................. 58 STATEMENT OF MANAGERIAL & FINANCIAL