Selection of Strategic Partner For Development of Free Trade Warehousing Zone AT KANDLA, GUJARAT REQUEST FOR PROPOSAL Issued by Kandla Free Trade Warehousing Private Limited January 2019 1 TABLE OF CONTENTS VOLUME I DISCLAIMER ............................................................................................................................................... 4 NOTICE INVITING TENDER .......................................................................................................................... 7 1.0 INTRODUCTION................................................................................................................................. 7 2.0 BID PROCESS INFORMATION............................................................................................................. 8 2.1 BID STRUCTURE .................................................................................................................................. 8 2.2 ISSUE OF RFP....................................................................................................................................... 8 2.3 BID PROCESS SCHEDULE ..................................................................................................................... 9 3.0 FTWZ POLICY OF GOI....................................................................................................................... 10 4.0 IMPORTANT INFORMATION ........................................................................................................... 11 5.0 DESCRIPTION OF BIDDING PROCESS ............................................................................................... 12 6.0 INSTRUCTIONS TO BIDDERS ............................................................................................................ 13 6.1 GENERAL TERMS OF BIDDING .................................................................................................................. 13 6.2 CONSORTIUM....................................................................................................................................... 15 6.3 MINIMUM EQUITY SHAREHOLDING .......................................................................................................... 16 6.4 NATIONAL SECURITY ............................................................................................................................. 17 6.5 PROJECT AREA INSPECTION AND VERIFICATION .......................................................................................... 17 6.6 CLARIFICATIONS FROM KFTWPL ............................................................................................................. 19 7 RESPONSIBILITIES OF STRATEGIC PARTNER ..................................................................................... 22 8. BIDDING PROCESS ........................................................................................................................... 23 8.1 SCOPE OF BID: BRIEF DESCRIPTION .......................................................................................................... 23 8.2 TERMINOLOGY ..................................................................................................................................... 24 8.3 RIGHT TO ACCEPT / REJECT BIDS .............................................................................................................. 24 8.4 UPDATED INFORMATION ........................................................................................................................ 24 8.5 PRE-BID MEETINGS............................................................................................................................... 24 8.6 BIDDING PROCESS................................................................................................................................. 25 8.7 MECHANISM FOR PAYMENT OF LIABILITIES AND SHARE PURCHASE CONSIDERATION. ........................................ 27 8.8 COST OF BIDDING AND AGREEMENT ........................................................................................................ 28 8.9 AMENDMENT OF RFP DOCUMENTS ......................................................................................................... 28 8.10 LANGUAGE OF BIDS .......................................................................................................................... 29 8.11 DOCUMENTS COMPRISING THE BIDS ................................................................................................... 29 8.12 BID VALIDITY AND EXTENSION ............................................................................................................ 31 8.13 BID SECURITY .................................................................................................................................. 31 8.14 CURRENCIES OF PROPOSAL AND PAYMENT: .......................................................................................... 32 8.15 SUBMISSION OF PROPOSALS .............................................................................................................. 33 8.16 MODIFICATION OR WITHDRAWAL OF PROPOSALS: EFFECT ON BID SECURITY ............................................. 34 8.17 BID OPENING AND EVALUATION ......................................................................................................... 35 8.18 ............................................................................................................................................................ 39 8.19 CHECKLIST ............................................................................................................................................. 39 9. MINIMUM ELIGIBILITY CRITERIA ..................................................................................................... 40 9.1 EVALUATION PARAMETERS ..................................................................................................................... 40 2 APPENDIX- 1: ........................................................................................................................................... 47 STATEMENT OF PROFIT & LOSS FOR PERIOD ENDED MARCH 31, 2018 ..................................................... 47 APPENDIX- 2: FORMAT FOR POWER OF ATTORNEY ................................................................................. 49 APPENDIX- 3: PRINCIPLES OF THE JOINT BIDDING AGREEMENT ............................................................... 50 APPENDIX- 4: FORMAT FOR POWER OF ATTORNEY FOR LEAD MEMBER OF CONSORTIUM ..................... 56 APPENDIX- 5: DETAILS OF BIDDER/CONSORTIUM .................................................................................... 59 APPENDIX- 5 (B): FINANCIAL ELIGIBILITY .................................................................................................. 59 APPENDIX- 6: FORMAT OF THE COVERING LETTER ................................................................................... 61 APPENDIX -7: FORMAT OF THE LETTER OF COMMITMENT ....................................................................... 65 APPENDIX-8: INDICATIVE ROLE DESCRIPTION OF STRATEGIC PARTNER ................................................. 678 APPENDIX- 9: FORMAT OF THE FINANCIAL PROPOSAL ............................................................................. 69 APPENDIX -10: FORMAT OF BANK GURANTEE FOR BID SECURITY ............................................................ 71 APPENDIX- 11: FORMAT FOR PERFORMANCE BANK GURANTEE .............................................................. 74 APPENDIX-12: AFFIDAVIT FOR SECTION 29A OF THE INSOLVENCY & BANKRUPTCY CODE, 2016….………..78 APPENDIX 13: FORMAT FOR SHARE PURCHASE AGREEMENT .................................................................. 80 APPENDIX- 14: FTWZS: SECTOR PROFILE .................................................................................................. 93 14.1 GENESIS ................................................................................................................................................ 93 14.2 CONCEPT: ............................................................................................................................................. 93 14.3 POSITIONING: ........................................................................................................................................ 94 14.4 BENEFITS .............................................................................................................................................. 94 14.4.1 PHYSICAL/INFRASTRUCTURE BENEFITS TO USERS ...................................................................................... 95 14.4.2 REGULATORY AND OTHER BENEFITS TO USERS ........................................................................................... 95 14.4.3 BENEFITS TO THE PARTIES INVOLVED WITH THE FTWZ ............................................................................... 96 14.5 NEED FOR FREE TRADE WAREHOUSING ZONE ............................................................................................. 97 14.6 DEVELOPMENT STRATEGY: ....................................................................................................................... 99 APPENDIX-15 ......................................................................................................................................... 100 PROJECT PROFILE ..................................................................................................................................