REQUEST FOR PROPOSAL

Development of Five-Star Hotel in Amaravati under Lease cum

Development Model, Andhra Pradesh

November 2016
The Commissioner,
Andhra Pradesh Capital Region Development Authority (APCRDA)
Governorpet, Lenin Center, Vijayawada

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ADVERTISEMENT

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DISCLAIMER
The information contained in this Request for Proposals document (the “RFP”) or subsequently
provided to Bidder(s), whether verbally or in documentary or any other form by or on behalf of the
APCRDA (the “Authority”) or any of its employees or advisors, is provided to Bidder(s) on the
terms and conditions set out in this RFP and such other terms and conditions subject to which such
information is provided.

This RFP is not an agreement and is neither an offer nor invitation by the Authority to the prospective
Bidders or any other person. The purpose of this RFP is to provide interested parties with information
that may be useful to them in making their financial offers (Bids) pursuant to this RFP. This RFP
includes statements, which reflect various assumptions and assessments arrived at by the Authority
in relation to the Project. Such assumptions, assessments and statements do not purport to contain all
the information that each Bidder may require. This RFP may not be appropriate for all persons, and
it is not possible for the Authority, its employees or advisors to consider the investment objectives,
financial situation and particular needs of each party who reads or uses this RFP. The assumptions,
assessments, statements and information contained in the Bidding Documents, are true to the best of
knowledge and information of APCRDA. Each Bidder should, therefore, conduct its own
investigations and analysis and should check the accuracy, adequacy, correctness, reliability and
completeness of the assumptions, assessments, statements and information contained in this RFP and
obtain independent advice from appropriate sources.

Information provided in this RFP to the Bidder(s) is on a wide range of matters, some of which may
depend upon interpretation of law. The information given is not intended to be an exhaustive account
of statutory requirements and should not be regarded as a complete or authoritative statement of law.
The Authority accepts no responsibility for the accuracy or otherwise for any interpretation or opinion
on law expressed herein.

The Authority, its employees and advisors make no representation or warranty and shall have no
liability to any person, including any Bidder or Bidder under any law, statute, rules or regulations or
tort, principles of restitution or unjust enrichment or otherwise for any loss, damages, cost or expense
which may arise from or be incurred or suffered on account of anything contained in this RFP or
otherwise, including the accuracy, adequacy, correctness, completeness or reliability of the RFP and
any assessment, assumption, statement or information contained therein or deemed to form part of
this RFP or arising in any way for participation in this Bid Stage.

The Authority also accepts no liability of any nature whether resulting from negligence or otherwise
howsoever caused arising from reliance of any Bidder upon the statements contained in this RFP.

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The Authority may in its absolute discretion, but without being under any obligation to do so, update,
amend or supplement the information, assessment or assumptions contained in this RFP.

The issue of this RFP does not imply that the Authority is bound to select a Bidder or to appoint the
Selected Bidder or Lessee, as the case may be, for the Project and the Authority reserves the right to
reject all or any of the Bidders or Bids without assigning any reason whatsoever.

The Bidder shall bear all its costs associated with or relating to the preparation and submission of its
Bid including but not limited to preparation, copying, postage, delivery fees, expenses associated
with any demonstrations or presentations which may be required by the Authority or any other costs
incurred in connection with or relating to its Bid. All such costs and expenses will remain with the
Bidder and the Authority shall not be liable in any manner whatsoever for the same or for any other
costs or other expenses incurred by a Bidder in preparation or submission of the Bid, regardless of
the conduct or outcome of the Bidding Process.

Andhra Pradesh Capital Region Development Authority (APCRDA)

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GLOSSARY

Agreement to Lease As defined in Section 3.1.

Associates As defined in 7.1.1

Attorney As defined in Form A3

Authority As defined in Disclaimer

Bank As defined in Form A2

Bid Due Date As defined in Section 4.2

Bid Security As defined in Section 4.6

Bid Stage As defined in Section 4.1.

Bid Validity Period As defined in Section 7.15.1

Bidder As defined in Section 7.1.1.

Bidding Process As defined in Section 4.1

Bids As defined in Form A3

Consortium As defined in Section 7.1.1

Eligibility Submission As defined in Section 7.11

Five-Star Hotel As defined in Section 3.2

Entity As defined in Section 7.1.1.

Intended Lessee As defined in Section 3.7

Financial Bid As defined in Section 4.1.

Financial Capacity As defined in Section 7.1.2.

First Part As defined in Form A5

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Guarantee As defined in Form A2

Hard Copy As defined in Section 7.10.2

Highest Bidder As defined in Section 2.2.

Lead Member As defined in Section 7.1.1.

Lease Premium As defined in Section 3.6.

Lessee As defined in Disclaimer

Lessor As defined in Section 3.7.

Letter of Intent As defined in Section 4.12

Lock-in Period As defined in Section 7.4.

Net Worth As defined in Section 7.1.2

Net Annual Cash Accrual As defined in Section 8.2.4

Other Projects As defined in Section 7.1.2

Principals As defined in Form A4

Project As defined in Form A4

RFP 1 As defined in Section 2.1.

RFP 2 As defined in Section 2.1.

RFP 3 As defined in Section 2.1

Qualified Bidder As defined in 8.2.3

Second Part As defined in Form A5

Shortlisted Bidder As defined in Section 8.2.4.

Technical Bid As defined in Section 4.1

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Technical Score As defined in Section 8.2.4.

Third Part As defined in Form A5

Third round of Bidding As defined in section 2.4

Winning Bidder As defined in Section 2.2.

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ABBREVIATIONS

AP Andhra Pradesh

APCRDA Andhra Pradesh Capital Region Development Authority

GoAP Government of Andhra Pradesh

GOI Government of India

H&R Hotel and Restaurant

HRACC Hotel and Restaurant Approval & Classification Committee

INR Indian Rupee

LOI Letter of Intent

O&M Operation and Management

RFP Request for Proposal

USD US Dollar

SPV Special Purpose Vehicle

SPC Special Purpose Company

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TABLE OF CONTENTS

PART 1 – INTRODUCTION AND SCOPE....................................................................................................................... 12

1 INTRODUCTION ........................................................................................................................................................... 13
1.1 Background......................................................................................................................................................... 13

2 OVERRIDING PROVISIONS FOR MULTIPLE RFPs .......................................................................................................... 17

2.1 Applicability ........................................................................................................................................................ 17
2.2 Definitions: ......................................................................................................................................................... 17
2.3 Introduction........................................................................................................................................................ 17
2.4 Provisions Applicable to the RFPs ...................................................................................................................... 17

3 SCOPE OF THE DOCUMENT ......................................................................................................................................... 19

3.1 About the RFP..................................................................................................................................................... 19
3.2 Definition of a Five-Star Hotel ............................................................................................................................ 19
3.3 Configuration of a Five-Star Hotel ...................................................................................................................... 19
3.4 Land proposed .................................................................................................................................................... 19
3.5 Land Tenure........................................................................................................................................................ 19
3.6 Land Consideration: ........................................................................................................................................... 20
3.7 Project Implementation ..................................................................................................................................... 20
3.8 Specifications of Five-Star Hotel......................................................................................................................... 20

4 BRIEF DESCRIPTION OF BIDDING PROCESS ................................................................................................................. 21

4.1 Bidding Process .................................................................................................................................................. 21
4.2 Bid Validity.......................................................................................................................................................... 22
4.3 Bid Structure and Number of Bids ...................................................................................................................... 22
4.4 Bid Processing Fee .............................................................................................................................................. 22
4.5 Performance Security: ........................................................................................................................................ 22
4.6 Bid Security ......................................................................................................................................................... 23
4.7 Financial bid Parameter...................................................................................................................................... 23
4.8 Multiple Plot Bid Opening Process ..................................................................................................................... 23
4.9 Multiple RFP Process .......................................................................................................................................... 23
4.10 Site Visit and Investigation ................................................................................................................................. 23
4.11 Lease Premium Schedule ................................................................................................................................... 24

5 Schedule of Bidding Process ....................................................................................................................................... 25

6 Pre-Bid Conference ..................................................................................................................................................... 26

PART 2 – BIDDING PROCEDURES ............................................................................................................................... 27

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7 INSTRUCTIONS TO BIDDERS ........................................................................................................................................ 28
7.1 Eligibility of Bidders ............................................................................................................................................ 28
7.2 General terms of Bidding ................................................................................................................................... 32
7.3 Change in composition of the Consortium ......................................................................................................... 33
7.4 Change in Ownership ......................................................................................................................................... 33
7.5 Verification and Disqualification ........................................................................................................................ 34
7.6 Right to accept and to reject any or all Bids ....................................................................................................... 35
7.7 Clarifications ....................................................................................................................................................... 36
7.8 Amendment of RFP ............................................................................................................................................ 36
7.9 Language ............................................................................................................................................................ 37
7.10 Format and Signing of Bid .................................................................................................................................. 37
7.11 Sealing and Marking of Bids ............................................................................................................................... 38
7.12 Bid Due Date....................................................................................................................................................... 41
7.13 Late Bids ............................................................................................................................................................. 41
7.14 Modifications/ Substitution/ Withdrawal of Bids .............................................................................................. 41
7.15 Validity of Bids .................................................................................................................................................... 42
7.16 Confidentiality .................................................................................................................................................... 42
7.17 Bid Security ......................................................................................................................................................... 43

8 EVALUATION OF BIDS.................................................................................................................................................. 44
8.1 Opening and Evaluation of Bids ......................................................................................................................... 44
8.2 Evaluation and Selection process ....................................................................................................................... 45
8.3 Contacts during Bid Evaluation .......................................................................................................................... 50
8.4 Confidentiality .................................................................................................................................................... 50
8.5 Correspondence with bidder .............................................................................................................................. 51

9 FRAUD AND CORRUPT PRACTICES .............................................................................................................................. 52

10 PRE-BID CONFERENCE ................................................................................................................................................. 54

11 MISCELLANEOUS ......................................................................................................................................................... 55

12 BIDDING FORMS.......................................................................................................................................................... 56
Form A1 ....................................................................................................................................................................... 57
Form A2 ....................................................................................................................................................................... 60
Form A3 ....................................................................................................................................................................... 64
Form A4 ....................................................................................................................................................................... 66
Form A5 ....................................................................................................................................................................... 69
Form A6 ....................................................................................................................................................................... 75
Form A7 ....................................................................................................................................................................... 76

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 Form A8 ....................................................................................................................................................................... 77
Form A9 ....................................................................................................................................................................... 78
Form B1 ....................................................................................................................................................................... 81
Form B2 ....................................................................................................................................................................... 84
Form B3 ....................................................................................................................................................................... 85
Form B4 ....................................................................................................................................................................... 89
Form B5 ....................................................................................................................................................................... 90
Form C1 ....................................................................................................................................................................... 94
Form C2 ....................................................................................................................................................................... 96
Form D1....................................................................................................................................................................... 99

PART 3 – CONTRACT AGREEMENTS ......................................................................................................................... 101

13 AGREEMENT TO LEASE .............................................................................................................................................. 102

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PART 1 – INTRODUCTION AND SCOPE

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1 INTRODUCTION

1.1 Background

The Government of Andhra Pradesh’s (GoAP’s) vision is to make Andhra Pradesh the
most preferred global destination by 2050. The state is a progressive state and the
government is taking steps to provide an environment conducive to economic and social
growth. These include formulation of investment friendly policies; creating world-class
social and physical infrastructure; ensuring good governance and taking necessary steps to
attract investments into the State.

1.1.1 Vision for Amaravati

The Government of Andhra Pradesh is developing ‘Amaravati’ as a world class capital city
spread over 217 sq.km.

Peoples’ capital of Andhra Pradesh, Amaravati is envisioned to be 'India’s happiest city’ -

an inclusive people’s capital which is economically vibrant and sustaining, equipped with
world class social and physical infrastructure to create unparalleled opportunities.
Amaravati is envisioned as a unique, vibrant and beautiful city with no crowding, crime,
pollution or homelessness, a hometown where young people, families and elders can
thrive, a local economy that attracts talented people and global businesses.

Amaravati will meet the world class standards of livability, inclusive growth, economic
opportunities and environmental sustainability.

To make this vision a reality, six core dimensions to drive the planning and development
of the city have been identified:

1.1.1.1. Economic powerhouse:

As a national economic hub, Amaravati is expected to attract non-polluting high-value

manufacturing and service industries creating 7-8 lakh jobs over 25 years with a GDP of
1.2 lakh crore rupees. Growth opportunities will be created by providing a business-
friendly environment and a distinct community centred on the vision of wellness and
happiness, which could make the city a preferred location. The ‘Made in Amaravati’ brand
will promise natural and community-friendly products which may be exported at a
premium to serve the increasingly discerning consumers.

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1.1.1.2. World-class infrastructure and connectivity:

Amaravati and the surrounding region will feature state-of-the-art road, rail, air, and sea
transport networks for public and private use to ease commutes and connect to economic
hubs such as Vijayawada, Hyderabad, and Chennai. The city will be planned along proven
urban planning principles to promote citizen well-being including creating active streets
with open areas, pedestrian and cycling friendly pavements and public spaces which
encourage interaction. It is expected to provide over 115 kilometres of public transport
corridors by 2050 and more than 650 kilometres of road network by 2050. Two national
highways, NH 16 (previously NH 5) and NH 65 (previously NH 9), will connect Amaravati
to adjoining cities. The Gannavaram airport is planned to be expanded for international
connectivity, supplemented in the long term with a new airport within Capital Region. A
new port is proposed within 100 kilometres at Machilipatnam or Vadarevu.

1.1.1.3. Green, clean, resource efficient:

A blue and green city, Amaravati will be environment friendly, with 25-30% of its area
reserved for open spaces and recreation, including parks, public facilities, waterways, and
ponds within a five- to ten-minute walk. Amaravati is expected to preserve and make use
of the natural features of the region, including forest areas and more than 35 kilometres of
waterfront on the Krishna River. It will offer effective water, waste, power and storm-water
management solutions. And it will aspire to be flood-resistant, with the goal of net-zero
discharge. Organic farming practices will be promoted for food-products and cotton, with
the aim of making Amaravati Asia’s biggest organic-food hub within 25-years.

1.1.1.4. Quality living for all:

Amaravati will be driven by the tenets of inclusive growth and high living standards for
all. It will be planned with a goal of ‘5-10-15’: no more than 5 minutes to emergency
facilities, 10 minutes to recreation and open spaces, and 15 minutes of walk to work. Each
township is expected to have a school and a health centre, and the city is envisioned to
include at least 4(four) Three-Star, 1(one) Four-star, 1(one) Five-star hotel with at least
100, 125, 150 rooms each respectively. Safety will be assured for all, with police and fire
fighting response times of under 10 minutes. The city is expected to provide affordable
housing options for workers. A distinctive ‘retail-entertainment-dining’ precinct will likely
make the city a sought-after destination in the region.

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1.1.1.5. Financial sustainability:

Amaravati will be self-sustaining in terms of funding, by prioritising infrastructure

spending and using innovative development models such as public/private partnerships. It
is planned to partner with renowned global and local funding organisations such as the
World Bank and HUDCO to secure credit for initial investments.

1.1.1.6. Old and new:

Amaravati is envisioned as a city which balances the old and the new – with cutting-edge
smart-city development as well as preservation of its historic roots. The region’s rich
heritage of archaeological and religious sites will be preserved and promoted. The old
Amaravati city will be connected to the new development, and the city will be developed
into a tourism circuit.

1.1.2 Hotel Sector in Amaravati

Developing hotels in Amaravati is a stated focus of the APCRDA and the GoAP.
Significant strides are being made in the hospitality sector to attract leading private players
to Amaravati.

Amaravati is being developed with significant international cooperation and support from
many government and private organizations contributing towards infrastructure and other
development of Amaravati. Additionally, the large NRI population of Andhra Pradesh has
also been actively involved with the Andhra growth story and there is a growing trend and
potential for Amaravati to become a hospitality hub.

Considering the rapid development of Amaravati, there will be demand for hotels and
hospitality and infrastructure from the new population, and trade, commerce and tourist
visitors expected to move to Amaravati. Within the next 10 years, the population of
Amaravati is expected to reach around 5-6 lakhs. Andhra Pradesh tourism for domestic
and foreign segments are expected to grow at 8% and 5% respectively out of which
contribution of Amaravati city would be 6% and 33% respectively. Also, given the lack of
hospitality infrastructure in Vijayawada and Guntur which has only 1(one) Five-star hotel
and 2(two) Four-star hotels and around 15(fifteen) Three-Star hotels, there is a need for
creating such infrastructure in the capital region which is paramount for Amaravati. By
2025, 6 lakh yearly overnight domestic tourists are expected to visit Amaravati annually
of which 33% is expected business domestic tourists. More than ten thousand foreign
tourists are expected by 2025.

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 In the next 5 years, this could be an excellent stepping stone towards that goal.

As a result, leading international hotels, hotel chains, hotel developers and investors in the
hospitality sector are being actively encouraged to provide world-class facilities in
Amaravati which will act as a tool to attract foreign and domestic investments to Andhra
Pradesh.

To promote tourism in the state, GoAP has announced “Andhra Pradesh Tourism Policy
2015”, the same could be referred from the link below

http://www.aptourism.gov.in/index.php/more/tourism-policy.html

1.1.1.7. Role of APCRDA:

Government of Andhra Pradesh (GoAP) enacted Andhra Pradesh Capital Region

Development Authority Act, 2014 (Act.No.11 of 2014) and constituted AP Capital Region
Development Authority (the “APCRDA”) for the purpose of Planning, Execution,
Financing and Promoting the Capital Region and Capital City Area for the State of Andhra
Pradesh. In line with this, a physical and socio-economic master plan for the capital city
has been prepared by APCRDA. As part of implementation of the plans, APCRDA is
proposing to allot land for Development of one Five-Star hotel in the Capital city.

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2 OVERRIDING PROVISIONS FOR MULTIPLE RFPs

2.1 Applicability

These provisions are applicable to the following RFPs issued by the APCRDA

a) RFP for Four-Three Star Hotels hereinafter called RFP 1 (the “RFP 1”).
b) RFP for One-Four Star Hotel hereinafter called “RFP 2” (the “RFP 2”).
c) RFP for One Five-Star Hotel hereinafter called “RFP 3” (the “RFP 3”).

2.2 Definitions:

Highest Bidder (the “Highest Bidder”) shall mean the Bidder who is offering the highest
Lease Premium per Sq. Meter for each plot.

Winning Bidder (the “Winning Bidder”) is the Highest Bidder is respect of each plot
under RFP1, RFP 2 and RFP 3 as determined after application of these provisions.

2.3 Introduction

APCRDA has issued three RFPs stated above as RFP 1, RFP 2 and RFP 3 for the purpose
of promoting hospitality sector in the capital city of Amaravati. It is the general principle
of APCRDA not to allot more than one plot to any single entity. This is to ensure timely
completion of the hotels and to create healthy competition amongst the various leading
international hotels, hotel chains, hotel developers and investors to be in Amaravati.

2.4 Provisions Applicable to the RFPs

To ensure compliance with the above said general principle the following provisions shall
apply to the RFP1, RFP 2 and RFP 3.

a) The Highest Bidder for each of the six plots (Four under the RFP 1, One under the
RFP 2 and One under the RFP 3) shall be determined as per the provisions of the
respective RFPs
b) After the Highest Bidder is determined for each plot the information shall be
tabulated as follows:

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PLOT -> RFP 1 – RFP 1 – RFP 1 – RFP 1 – RFP 2 – RFP 3 –
Plot 1 – Plot 2 – Plot 3 – Plot 4 Plot 5 Plot 6
Three-star Three-star Three-star Three-Star Four-Star Five-Star
hotel hotel hotel Hotel Hotel Hotel

HIGHEST IN THIS SPACE, SHALL BE ENTERED THE FIGURES H1, H2 AND H3 IN

BIDDER 1 RESPECT OF EACH PLOT

HIGHEST
BIDDER 2

HIGHEST
BIDDER 3

a) After the above tabulation, the Winning Bidder shall be selected as follows:
i. If any Bidder is Highest Bidder in respect of only one of the plots, he shall be
declared the Winning Bidder for the same.
ii. If any Bidder is Highest Bidder in more than one plot, his highest bid amongst those
plots shall be accepted and he shall be declared Winning Bidder for that plot
iii. If in step ‘ii’ above, there are two or more second Highest Bidders they shall be
asked to give a closed bid with the highest bid received for that plot as the base
price.
iv. If any Bidder is Highest Bidder in more than one plot with both equal price then
the Bidder gets to choose the plot at his will
v. The other plots shall be offered to the 2nd Highest Bidder, if he matches the bid of
the Highest Bidder in respect of that plot
vi. If there are 2 or more bidders with highest bid, draw of lots would be used by the
Authority to select the winner.
vii. If none of the second Highest Bidders is willing to match the highest bid, or the
highest bid received is lower than the base price then the Authority may, in its
discretion, invite fresh Financial bids (the “Third round of Bidding”) from all
Qualified Bidders except highest Qualified Bidder of the first.
b) After deciding the Winning Bidders in respect of all plots as above, the rest of the
process shall be completed as provided in the respective RFPs.

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3 SCOPE OF THE DOCUMENT

3.1 About the RFP

The Scope of this Request for Proposal (RFP) is to detail out the terms and conditions of
scheme of Development of Five-Star hotel project in Amravati. In that regard amongst
other things, it will indicate the number and location of the plots being offered, the
eligibility criteria for the respondents, methodology of evaluation, steps for selection,
Lease Premium payment terms and also includes proposed Agreement to Lease (the
“Agreement to Lease”).

3.2 Definition of a Five-Star Hotel

Five-Star hotel (the “Five-Star Hotel”) in this document are defined as the properties that
deliver a wide range of services and facilities that exceed above-average accommodation
needs and which has a valid certificate obtained under guidelines issued by HRACC
Division of Ministry of Tourism (GOI) classified as a hotel under Five-Star.

3.3 Configuration of a Five-Star Hotel

APCRDA has decided to establish one Five-Star Hotels in the city of Amravati. The hotel
shall be established and operated by the Winning Bidder on the plots proposed to be given
on lease under this RFP.

3.4 Land proposed

It is proposed to lease through this RFP a plot of land measuring about 16,184 Sq M for a
Five-Star Hotel. The exact description of the land including plot number, area etc. shall be
announced by the APCRDA in the pre-bid meeting to be held on 15/12/2016.

3.5 Land Tenure

The land shall be allotted on Lease for a period of 33 years from the date of signing of the
Agreement to Lease. The lease period may be extended by 2 terms of 33 years each, at
mutually agreed terms and conditions.

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3.6 Land Consideration:

The Highest Bidder shall pay for the lease of the land in the following manner:

i. Lease Premium (the “Lease Premium”) in two installments – which shall also be the
sole bidding criteria. There shall be an upset price of Rs 5000 /Sq Mtr for all the plots

ii. Annual Lease rent of INR 1/- per Sq.M for each plot allocated. This Lease rent may
be paid upfront for all the years at the discounted value to be declared by the APCRDA.

3.7 Project Implementation

The Project would be implemented in accordance with the terms and conditions stated in
the Agreement to Lease to be entered into between the Andhra Pradesh Capital Region
Development Authority (APCRDA) which shall be the Lessor (the “Lessor”) and the
Winning Bidder (the “Intending Lessee”).

3.8 Specifications of Five-Star Hotel

Detailed specifications about the Five-Star Hotels to be developed are provided in the
Agreement to Lease.

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4 BRIEF DESCRIPTION OF BIDDING PROCESS

4.1 Bidding Process

The Authority has adopted a single stage Bidding process (the “Bidding Process”) for
selection of the Bidder for award of the Project.

The single-stage bidding process (the “Bid Stage”) comprise of the following four (4) sub-
stages,
a) Test of responsiveness of the bid: The first sub-stage, the Authority shall determine
whether the bid is responsive, which refers to an assessment if the submission is in
conformity with the terms and conditions of the RFP.
b) Evaluation of Eligibility: The second sub-stage of the process involves assessment of
the technical and financial eligibility of interested firms/consortia who submit a bid, as
per to the provisions of this RFP as outlined in Section 7.1.2. of this document.
c) Opening of Technical bids: The third sub-stage of the process involves opening of
Technical Bids (the “Technical Bid”) of the eligible bidders who have met the
Eligibility Criteria of the previous sub-stage. At this stage, scores will be given to the
bidders based on technical criteria as per Section 8.2 on parameters 1-6 from a total score
of 80. All eligible bidders will be invited to present their proposal (details in Section 8.2)
which will further carry 20 marks. Total score based on presentation and technical
qualification will be given from a total of 100. Technical bid is only for shortlisting and
not for weightage. On the basis of this total score, five top scorers for each plot will be
selected for opening of the Financial Bid.
d) Opening of Financial Bids: Final sub-stage of the process involves opening of financial
bids (the “Financial Bid”). Each Bidder will be required to submit separate Form D if
applying for multiple plots. Financial bids will be opened for top 5 qualified bidders for
each plot as per the score from previous stage. The bidder with the highest Financial bid
as per Form D will be declared the Highest Bidder for each plot. The second Highest
Bidder of each plot shall accordingly be the Second Highest Bidder.

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4.2 Bid Validity

The Bid shall be valid for a period of not less than 180 days from the date specified in
Section 5 for submission of bids (the “Bid Due Date”).

4.3 Bid Structure and Number of Bids

The Bidders are required to submit their Bids (the “Bids”) in four parts corresponding to
the first 4 sub-stages outlined above. While the documents pertaining to first three sub
stages i.e. Supporting Documents, Eligibility Submission and Technical Bid will be same
per Bidder, Bidders are required to submit separate Financial Bid document (Form D) for
fourth sub stage if applying for more than 1 plot.

4.4 Bid Processing Fee

Participating bidders will have to pay a non-refundable sum of INR 25,000 (INR Twenty-
Five Thousand) vide a Demand Draft favoring “The Commissioner, APCRDA” drawn on
a Scheduled Bank, payable at Vijayawada, Andhra Pradesh towards bid processing fee.
The scanned version of such Demand Draft shall be at the time of uploading the Bid. The
original of the Demand Draft shall be submitted at the time of hard copy submission of the
Bid.

4.5 Performance Security:

The Winning Bidder shall be required to furnish in the form of Bank Guarantee, for Rs.
6,00,00,000 (Six Crore Only), towards the Performance security until Commercial
Operation Declaration (COD). Post COD, the bank guarantee shall be released.

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4.6 Bid Security

A Bidder is required to provide, along with its Bid, an amount of INR 80,00,000 (INR
Eighty Lakhs) (the "Bid Security”) in form of a bank guarantee (the “Bank Guarantee”)
acceptable to the Authority. The bank guarantee of the unsuccessful Bidders shall be
released not later than 60 days from the end of declaration of the Winning Bidder. The Bid
shall be summarily rejected if it is not accompanied by the Bid Security as described in
this Section. In the event of Bidder applying for more than one category of plots, the highest
bid security amongst the plots shall be applicable.

4.7 Financial bid Parameter

Lease Premium per Sq.Metre is the sole bidding parameter. Any bid less than the upset
price of INR5,000/- per Sq.Metre shall be summarily rejected.

4.8 Multiple Plot Bid Opening Process

Bids for the plots will be opened in parallel to each other for all Three-Star, Four-Star and
Five-Star Hotels.

4.9 Multiple RFP Process

Since the RFP is part of a group of 3 RFPs and since, the overriding provisions governing
this group of RFPs provide for a methodology to select the Winning Bidder, therefore
Winning Bidder in this RFP shall be determined with reference to that Methodology and
subject to those provisions. The Methodology and stipulation are explained in greater detail
in Section 2 of this RFP document.

4.10 Site Visit and Investigation

During the Bid Stage, Bidders are invited to examine the site and to carry out, at their cost,
such studies as may be required for submitting their respective Bids. During the Bid Stage,
Bidders are invited to examine the site and to carry out, at their cost, such studies as may
be required for submitting their respective Bids.

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4.11 Lease Premium Schedule

Lease Premium quoted by the Winning Bidder shall be paid as follows:

a) First instalment of 50% of the Lease premium shall be paid within 45 (forty five) days
from the receipt of Letter of Intent (the “Letter of Intent”)

b) Second Instalment of 50% of the Lease Premium, shall be paid within 75 (Seventy
Five) days of the Letter of Intent (LOI)

i. The Authority may extend the period of payment of the first instalment by a period
not exceeding three months, and the Authority may extend the period of payment
of the second instalment for period not exceeding ten months.
ii. Provided that the extension as above shall be given on payment of ‘Delayed
Payment Charges’ at the rate to be determined by the Authority.
iii. Any failure on the part of the Lessee to pay the first instalment as above, shall lead
to cancellation of the Letter of Intent and forfeiture of the Bid Security paid by
Lessee.
iv. Any failure on the part of the Lessee to pay the second Instalment as above shall
lead to cancellation of the Letter of Intent and forfeiture of the Bid Security and
25% of the amount of first instalment.

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5 Schedule of Bidding Process

The Authority shall endeavor to adhere to the following schedule:

S. No. Event Description Date

1 Notice Inviting Tender 24/11/2016

2 Last date for receiving queries 13/12/2016

3 Pre-Bid Conference 14/12/2016

4 Response to Queries uploaded on Website 21/12/2016

5 Bid Due Date 26/12/2016 15:00 hrs

6 Opening of Technical Bids 26/12/2016 16:00 hrs

7 Technical Presentation 30/12/2016

8 Opening of Financial Bids (Tentative) 16/1/2017

9 Issue of Letter of Intent (Tentative) 18/1/2017

10 Signing of Agreement to Lease (Tentative) Within 30 days of issue of LOI

25
6 Pre-Bid Conference

The date, time and venue of the Pre-Bid Conference shall be:
Date: 15/12/2016
Time: 1100 hours
Venue: APCRDA Lenin Center, Governorpet, Vijayawada– 520002, Andhra Pradesh, India

Only representatives of registered bidders (single firms or consortiums) can attend the pre-bid
conference.
Contact:
Mr. M.V.R Hariharan,
Mobile: +91-799-5015-796
Email: hariharan.m@apcrda.org

26
PART 2 – BIDDING PROCEDURES

27
7 INSTRUCTIONS TO BIDDERS

A. GENERAL

7.1 Eligibility of Bidders

7.1.1 For determining the eligibility of Bidders, the following shall apply:
a) The Bidder (the “Bidder”) can be a single entity (the “Entity”) registered under
the Companies Act, a Partnership firm registered under the Partnership Act, The
Bidder may be also a Consortium (the “Consortium”) of up to three entities.
Members of the consortium should be registered under the Companies Act, a
Partnership firm registered under the Partnership Act, In such case a company
shall be floated by the “Consortium” under Company Act 1956 after winning the
bid.
b) In case of Consortium members of the Consortium shall nominate one member as
the lead member (the “Lead Member”), who shall have an equity share holding
of at least 26% of the paid up and subscribed equity of the SPV. The equity share
holding of the Lead Member should be higher than equity share holding of any
other Member. In the event of two or more consortium members holding the highest
equal equity share, the Bidding Consortium shall indicate clearly in the Bid which
consortium member is to be considered Lead member. The nomination(s) shall be
supported by a Power of Attorney, as per the format provided in Form A4 and Form
A3, signed by all the other members of the Consortium
c) The Lead Member of the a pre-qualified consortium cannot be replaced except with
the prior permission of the Authority and which permission will be considered only
in case of acquisition or merger of the Lead consortium Member Company . Further
after a Bidding Consortium is selected to implement any Project, the Lead
consortium Member shall maintain a minimum equity stake of 26% throughout the
Agreement period.
d) Replacement of Consortium members may be permitted, provided the same is not
prejudicial to the original strength of consortium as determined in course of the
evaluation of original bid or proposal
e) the member to a Consortium shall form an appropriate SPV to execute the Project,
if awarded to the Consortium
f) an individual Bidder cannot at the same time be member of a Consortium applying
for the Bid. Further, a member of a particular Bidder Consortium cannot be
member of any other Bidder Consortium applying for the Bid
g) the Bid should include a brief description of the scope, roles and responsibilities of

28
 individual members, particularly with reference to financial, technical and O&M
obligations
h) In case of sole bidder, it shall retain minimum of 51% as equity contribution throughout
the Lock-in Period. In the SPC/ SPV formed by the consortium, the total equity
contribution put together by all the consortium members shall not be less than 51%
throughout the Lock-in Period.
i) For purposes of this RFP, Associate means, in relation to the Bidder/Consortium
member, a person who controls, is controlled by, or is under the common control with
such Bidder/Consortium member (the “Associate”). As used in this definition, the
expression “control” means, with respect to a person which is a company or corporation,
the ownership, directly or indirectly, of more than 50% (fifty per cent) of the voting
shares of such person, and with respect to a person which is not a company or
corporation, the power to direct the management and policies of such person, whether
by operation of law or by contract or otherwise
j) A Bidder cannot submit more than one Bid with respect to any single plot but the Bidder
is allowed to bid for multiple plots.
k) A Bidder shall be liable for disqualification if any legal, financial or technical adviser
of the Authority in relation to the Project is engaged by the Bidder in any manner for
matters related to or incidental to the Scope of the RFP. For the avoidance of doubt, this
disqualification shall not apply where such adviser was engaged by the Bidder in the
past but its assignment expired or was terminated prior to the Bid Due Date. Nor will
this disqualification apply where such adviser is engaged after a period of 3 (three) years
from the date of completion of development of the Project.
l) In computing the Technical Capacity and Financial Capacity of the Bidder/ Consortium
Members, the Technical Capacity and Financial Capacity of their respective Associates
would also be eligible hereunder. In such case, the Bidder shall submit a Certificate from
its statutory auditors stating that the entity whose Technical/Financial Capacity is
presented are Associates of the Bidder as defined in this RFP document
m) All evidence submitted is subject to scrutiny by APCRDA or any designated authority.
n) Decision of the Authority will be final and binding

29
7.1.2 To be eligible for evaluation of the Bid, a Bidder shall fulfil the following threshold
conditions of eligibility:

I. Technical Eligibility:

A. The Bidder must have developed minimum of 2 (two) Five-Star category hotels or
higher category hotels within India which are commissioned during last 10 years before
Bid Due Date, with total number of rooms across all such hotels being not less than 400
OR must have developed “Other Projects” with a total built-up area of 2.5 (two and half)
lakh Sq ft in the last 10 years.

AND

B. The Bidder must have operated and managed (O&M) 2 (two) Five-Star category
hotels or higher category hotels or combination thereof within India for last 3 consecutive
years just preceding Bid Due Date, with total number of rooms across all such hotels
being not less than 400 OR should enter into an Memorandum of Understanding
(MoU) with an O&M entity meeting the aforesaid criteria for the O&M of Hotel Project.
The copy of MoU need to be submitted with the Bid.

The Winning Bidder shall enter into a definitive and legally binding agreement with an
O&M entity, with which the bidder had entered into an MoU, to qualify in the aforesaid
technical eligibility criteria OR with an Equivalent O&M entity, throughout the
duration of the Lock-in Period. In the absence of such an Agreement the Intending
Lessee cannot enter into the Agreement to Lease with the Authority

Note: Development shall mean responsibility for financing/investing of a project and

planning, designing commissioning etc of the project

Other Projects (the “Other Projects”) include Resorts, MICE, commercial

projects and retail complex

Equivalent O&M entity (the “Equivalent O&M entity”) is defined as the O&M
entity which meets the aforesaid technical criteria for O&M for Hotel project as
defined in Section 7.1.2 AND scores not less than the O&M entity with which the
Bidder had entered into an MoU for qualification of technical criteria, on the
Parameters defined under the Section 8.2.4, Parameter No 1 and 3, as on the Bid
opening date

30
II. Financial Eligibility:

Bidder shall have minimum Net Worth (the “Financial Capacity”) of INR 75 Crore
(Seventy Five Crore) as per the financial statement at last audited financial year (2015-16).
In case there is no audited statement for the last financial, CA certificate certifying net
worth of the bidder shall be enclosed

AND

B. Bidder shall have an average annual Turnover (the “Financial Capacity”) of INR 20
Crore (Twenty Crore) in the last 3 Financial Years (2013-14; 2014-15; 2015-16)

In case the Bidder is a Consortium,

a) The combined technical and financial capabilities of only those members will be
considered who as per the joint development agreement proposed to hold an equity share
of at least 26% in the SPV that shall be formed. Net worth, Annual turnover, Annual Net
cash accrual of the consortium members will be considered proportionate to their equity
share in the SPV.

b) The members of the consortium will be required to continue holding equity as proposed
in Form B1 during the submission of the bid throughout the Lock-in Period.

c) The Bidder shall enclose with its Bid complete with its Annexes, the following:

i) Certificate from statutory auditors of the Bidder specifying the Net Worth of the
Bidder, as at the close of the preceding financial year, and also specifying that the
methodology adopted for calculating such Net Worth. In case statutory audit is not
completed for any reason, then the Bidder should submit the balance sheet attested by his
auditor. For the purposes of this RFP, net worth (the “Net Worth”) shall mean the sum of
subscribed and paid up equity and reserves from which shall be deducted the sum of
revaluation reserves, miscellaneous expenditure not written off and reserves not available
for distribution to equity shareholders.

31
 ii) Certificate(s) from statutory auditors of the Bidder specifying the Annual turnover of
the Bidder, as at the close for the preceding three financial years (2013-14, 2014-15; 2015-
16)

7.1.3 The Bidder should submit a Power of Attorney as per the format at Form A3,
authorizing the signatory of the Bid to commit the Bidder. In the case of a Consortium,
the Members should submit a Power of Attorney in favor of the Lead Member as per
format at Form A4.

7.1.4 Any entity which has been barred by any State/ Federal Government (Indian or
International) from participating in any project, and the bar subsists as on the Bid Due
Date, would not be eligible to submit a bid, either individually or as member of a
Consortium.

7.1.5 The following conditions shall be adhered to while submitting a bid:

a) Bidders should attach clearly marked and referenced continuation sheets in the event
that the space provided in the prescribed forms in the Annexes is insufficient. Alternatively,
Bidders may format the prescribed forms making due provision for incorporation of the
requested information;

b) Information supplied by a Bidder (or other constituent Member if the Bidder is a

Consortium) must apply to the Bidder named in the Bid submission and not, unless
specifically requested, to other associated companies or firms.

7.2 General terms of Bidding

7.2.1 The Bid and all communications in relation to or concerning the Tender Documents
and the Bid shall be in English language.

7.2.2 The Tender Documents including this RFP and all attached documents are and shall
remain the property of the Authority and are transmitted to the Bidders solely for the
purpose of preparation and the submission of a Bid in accordance herewith. Bidders

32
 are to treat all information as strictly confidential and shall not use it for any purpose
other than for preparation and submission of their Bid. The Authority will not return
any Bid or any information provided along therewith.

7.2.3 The Winning Bidder will be allowed to raise necessary funds from the lenders for
developing the projects only by creating lien over Leasehold rights granted but not on
the land. The ownership of the land shall always be with the Authority

7.2.4 The Developer shall be bound to indemnify the Authority against any defect in design
, construction, maintenance and operation of the Project and shall undertake to
reimburse all costs, charges, expenses, losses and damages in that behalf.

7.3 Change in composition of the Consortium

7.3.1 Change in the composition of a Consortium or creation of a Consortium by a single

entity bidder will not be permitted by the Authority during the Bidding Process.
Bidding Process closes (the “Bidding Process”) with the signing of the Agreement to
Lease. Members of the Consortium shall continue holding equity share as proposed in
the Form B1 during Bid Submission

7.3.2 After the successful completion of the project a Lease deed shall be signed by the
authority in favor of the Bidder.

7.4 Change in Ownership

7.4.1 From date of Agreement to Lease to end of the Lock-in Period (the “Lock-in Period”)
defined as 5 years from commercial operation date; there shall be no change in
constitution of the Consortium of the Bidder in case of a Consortium. Post the Lock-in

33
 Period, the change the change in Shareholding or composition of the Consortium shall
be with approval of the Authority.

7.5 Verification and Disqualification

7.5.1 The Authority reserves the right to verify all statements, information and documents
submitted by the Bidder in response to the Tender Documents and the Bidder shall,
when so required by the Authority, make available all such information, evidence and
documents as may be necessary for such verification. Any such verification, or lack of
such verification, by the Authority shall not relieve the Bidder of its obligations or
liabilities hereunder nor will it affect any rights of the Authority thereunder.

7.5.2 The Authority reserves the right to reject any Bid and appropriate the Bid Security if:

a) at any time, a material misrepresentation is made or uncovered, or

b) the Bidder does not provide, within the time specified by the Authority, bid will be
treated as non-responsive.

7.5.3 Such misrepresentation/ improper response shall lead to the disqualification of the
Bidder. If the Bidder is a Consortium, then the entire Consortium and each Member
may be disqualified / rejected. If such disqualification / rejection occurs after the Bids
have been opened and the Highest Bidder gets disqualified / rejected, then the
Authority reserves the right to:
i. invite the remaining Bidders to submit their Bids in accordance with this RFP; or
ii. proceed in the manner set out in Section 7.5.4 below; or
iii. take any such measure as may be deemed fit in the sole discretion of the Authority,
including annulment of the Bidding Process.

7.5.4 In case after due enquiry it is found during the evaluation or at any time before signing
of the Agreement to Lease or after its execution and during the period of subsistence
thereof, that one or more of the eligibility conditions have not been met by the Bidder,
or the Bidder has made material misrepresentation or has given any materially incorrect
or false information, the Bidder shall be disqualified forthwith if not yet appointed as
the Lessee either by issue of the LOI or entering into of the Agreement to Lease, and

34
 if the Selected Firm/ Consortium has already been issued the LOI or has entered into
the Agreement to Lease, as the case may be, the same shall, notwithstanding anything
to the contrary contained therein or in this RFP, be liable to be terminated, by a
communication in writing by the Authority to the Winning Firm/ Consortium or the
Lessee, as the case may be, without the Authority being liable in any manner
whatsoever to the Winning Firm/ Consortium or Lessee. In such an event, the Authority
shall be entitled to forfeit and appropriate the Bid Security (if not already returned), as
Damages, without prejudice to any other right or remedy that may be available to the
Authority under the Tender Documents and/ or the Agreement to Lease, or otherwise.

7.6 Right to accept and to reject any or all Bids

7.6.1 Notwithstanding anything contained in this RFP, the Authority reserves the right to
accept or reject any Bid and/or to annul the Bidding Process and/or reject all Bids at
any time without any liability or any obligation for such acceptance, rejection or
annulment, and without assigning any reasons therefor. In the event that the Authority
rejects or annuls all the Bids, it may, in its discretion, invite all eligible Bidders to
submit fresh Bids hereunder.

7.6.2 The Authority reserves the right not to proceed with the Bidding Process at any time,
without notice or liability.

35
B. DOCUMENTS

7.7 Clarifications

7.7.1 Bidders requiring any clarification on the RFP may notify the Authority in writing by
e-mail. They should send in their queries before the date mentioned in the Schedule of
Bidding Process specified in Section 5. The Authority shall endeavor to respond to the
queries within the period specified therein.

7.7.2 The Authority shall endeavor to respond to the questions raised or clarifications sought
by the Bidders. However, the Authority reserves the right not to respond to any
question or provide any clarification, in its sole discretion, and nothing in this section
shall be taken or read or interpreted as compelling or requiring the Authority to respond
to any question or to provide any clarification

7.8 Amendment of RFP

7.8.1 At any time prior to the deadline for submission of Bids, the Authority may, for any
reason, whether at its own initiative or in response to clarifications requested by a
Bidder, modify the RFP by the issuance of Corrigendum.

Any Clarifications and/or corrigenda issued by the Authority shall be uploaded on the following
website. www.crda.ap.gov.in . All the Bidders are suggested to visit the website timely for any
updates. The Authority cannot be held responsible for any reluctance from the Bidders side.

36
C. PREPARATION AND SUBMISSION OF BIDS

7.9 Language

7.9.1 The Bid and all related correspondence and documents in relation to the Bidding
Process shall be in English language. Supporting documents and printed literature
furnished by the Bidder with the bid may be in any other language provided that they
are accompanied by translations of all the pertinent passages in the English language,
duly authenticated and certified by the Bidder. Supporting materials, which are not
translated into English, may not be considered. For the purpose of interpretation and
evaluation of the bid submission, the English language translation shall prevail.

7.10 Format and Signing of Bid

7.10.1 The Bidder shall provide all the information sought under this RFP. The Authority will
evaluate only those Bids that are received in the required formats and complete in all
respects. Incomplete and /or conditional Bids shall be summarily rejected.

7.10.2 The Bidder shall submit in hard copy (the “Hard Copy”). The Hard Copy shall include
all the documents. For evaluation purpose, Hard Copy of the bids shall be taken into
consideration.

7.10.3 For the Hard Copy submission, the Bidder shall prepare 3 sets of the Bid clearly marked
as “HARD COPY”.

7.10.4 The Bid documents shall be typed or written in indelible ink. They shall be signed by
the authorized signatory of the Bidder who shall also initial each page of the Bid
documents (including FORMs). In case of printed and published documents, only the
cover shall be initialed. All the alterations, omissions, additions or any other
amendments made to the Bid shall be initialed by the person(s) signing the Bid. Such
signed bid documents shall be scanned and uploaded for online submission and shall
be printed and submitted for Hard Copy submission. The Hard Copy of the Bid

37
 documents shall contain page numbers and shall be bound together in a manner that
does not allow replacement of any page.

7.11 Sealing and Marking of Bids

7.11.1 The Bidder shall upload the Bid in the format specified in the Bidding Forms (Section
12) of this RFP. The bid shall be uploaded in four separate parts as under:
■ Part I: Supporting documents to the Bid
■ Part II: Eligibility Submission
■ Part III: Technical Bid
■ Part IV: Financial bid

The Supporting documents to the Bid shall be submitted in Hard Copy.The documents
shall include:

ENVELOPE A

Form A1. Format for Letter of Bid;

Form A2. Bid Security in the prescribed format;

Form A3. Power of Attorney for signing of Bid in the prescribed format

Form A4. If applicable, the Power of Attorney for Lead Member of Consortium in the
prescribed format);

Form A5. If applicable, Copy of the Joint Bidding Agreement, in case of a Consortium;

Form A6. Anti-Collusion certificate;

Form A7. Format for Project Undertaking

Form A8. Format for Affidavit;

Form A9. Statement of Legal Capacity Signatory

The following documents corresponding to the Eligibility Submission shall be submitted

as part of Part II – Eligibility Submission (the “Eligibility Submission”). All this
documents to be submitted in Hard Copy

38
ENVELOPE B

Form B1. Particulars of the Bidder

Form B2. Technical Eligibility

Form B3. Technical Eligibility – Details of the project

Form B4. Financial Eligibility - Summary

Form B5. Financial Eligibility - Certification by Statutory Auditor

The following document corresponding to the Technical Bid shall be submitted as a part
of Part III – Technical Bid

ENVELOPE C

Form C1. Details of Hotels currently in operation

Form C2. Format for Net Accrual details

Copy(s) of Certificate of Awards won by the Bidder

The following document corresponding to the Financial Bid shall be submitted as a part
of Part IV – Financial Bid (the “Financial Bid”)

Form D. Financial Bid Letter (duly filled in to quote the “Lease Premium Rate per Sq.
M” payable to the Authority). The Bidder is required to fill in the Lease Premium and
other particulars within the blanks specified

ENVELOPE D (Mention on envelope the Plot name i.e. “Five-Star Hotel”)

Form D1. Financial bid for Five-star Hotel plot 6

All the Hard Copy submissions discussed above, shall be placed inside the Outer Envelope
placed in 4 separate envelopes for each Part. The Outer Envelope shall be sealed, labelled
as “BID FOR SELECTION OF THE DEVELOPER OF FIVE-STAR HOTEL IN
AMARAVATI ON LEASEHOLD MODE” and NOT TO BE OPENED BEFORE THE

39
DUE DATE/ TIME FOR BID OPENING. In addition, the Bid Due Date should be
indicated on the right hand top corner of each of the envelopes.

Each of the envelopes shall be addressed to:

Commissioner
Andhra Pradesh Capital Region Development Authority (APCRDA)
Lenin Center, Governor Pet, VIJAYAWADA - 520002
ANDHRA PRADESH - INDIA.
Phone: +91 - 866 - 2577475
Email:

If the Hard Copy submissions are not sealed and marked as instructed above, the Authority
assumes no responsibility for the misplacement or premature opening of the contents of
the Bid submitted.

Bids submitted by fax, telex, telegram or e-mail shall not be entertained and shall be
rejected.

40
7.12 Bid Due Date

7.12.1 Bids should be submitted before the bid submission closing time on the Bid Due Date
on the e-tendering portal in the manner and form as detailed in this RFP.

7.12.2 The Hard Copy of the bid should be submitted as per the guidelines mentioned in the
Section 7.10 and 7.11 of the RFP. A receipt thereof should be obtained from the
authorized official.

7.12.3 The Authority may, in its sole discretion, extend the Bid Due Date by issuing an
Corrigendum in accordance with Section 7.8 uniformly for all Bidders.

7.13 Late Bids

7.13.1 Bids cannot be submitted on e-tendering portal after the specified time on the Bid Due
Date. In such case, any attempt by the bidders to submit hard copies, the same shall not
be eligible for consideration and shall be summarily rejected.

7.14 Modifications/ Substitution/ Withdrawal of Bids

7.14.1 The Bidder may modify, substitute or withdraw its Bid submissions prior to Bid Due
Date. No Bid shall be modified, substituted or withdrawn by the Bidder on or after the
Bid Due Date.

7.14.2 The Hard Copy of the modification, substitution or withdrawal notice shall be prepared,
sealed, marked, and delivered in accordance with Section 7.11, with the envelopes
being additionally marked “MODIFICATION”, “SUBSTITUTION” or
“WITHDRAWAL”, as appropriate.

41
7.14.3 Any alteration/ modification in the Bid or additional information supplied subsequent
to the Bid Due Date, unless the same has been expressly sought for by the Authority,
shall be disregarded.

7.15 Validity of Bids

7.15.1 The Bids shall be valid for a period of not less than 180 (one hundred and eighty) days
from the Bid Due Date (the “Bid Validity Period”). The validity of Bids may be
extended by mutual consent of the respective Bidders and the Authority.

7.16 Confidentiality

7.16.1 Information relating to the examination, clarification, evaluation and recommendation

for the Bidders shall not be disclosed to any person who is not officially concerned
with the process or is not a retained professional advisor advising the Authority in
relation to, or matters arising out of, or concerning the Bidding Process. The Authority
will treat all information, submitted as part of the Bid, in confidence and will require
all those who have access to such material to treat the same in confidence. The
Authority may not divulge any such information unless it is required/directed to do so
under applicable laws or by any statutory entity that has the power under law to require
such disclosure or such disclosure is required to enforce or assert any right or privilege
of any statutory / governmental entity and/ or the Authority.

42
D. BID SECURITY

7.17 Bid Security

7.17.1 The Selected Firm/ Consortium’s Bid Security will not be returned, but shall be
converted to part of the performance Security. The additional amount has to be
included to satisfy the amount as stated in Section 4.3

7.17.2 The Bid Security shall be forfeited and appropriated by the Authority as mutually
agreed genuine pre-estimated compensation and damages payable to the Authority for,
inter alia, time, cost and effort of the Authority without prejudice to any other right or
remedy that may be available to the Authority hereunder or otherwise, under the
following conditions:

a) If a Bidder withdraws its Bid during the Bid Validity Period as specified in this RFP
and as extended by the Bidder from time to time;

43
8 EVALUATION OF BIDS

8.1 Opening and Evaluation of Bids

8.1.1 The Authority shall open the valid Bids at the specified time on the date and place
specified in Section 5 in the presence of the Bidders who choose to attend.

44
8.2 Evaluation and Selection process

The evaluation and selection process for each bid will be carried out by the Authority over
4 sub-stages as detailed below.

8.2.1 First step - Tests of responsiveness of the bid

Prior to evaluation of Bids, the Authority shall determine whether each submission is
responsive to the requirements of the RFP. As part of this assessment, the Authority shall
open the Envelope-1 of the submission (“supporting documents to the bid”, as mentioned
in Section 7.11) and assess if the submission is in conformity with the terms and conditions
of the RFP. A Bid shall be considered responsive only if:
■ it is received as per the format at Section 7.11
■ it is received by the Bid Due Date including any extension thereof pursuant to Section
1.3;
■ it is accompanied by the Bid Security as specified in Section 4.6;
■ it is accompanied by the Power(s) of Attorney as specified in Section 7.1, as the case
may be;
■ it contains all the information (complete in all respects) as requested in this RFP;
■ it does not contain any condition or qualification; and
■ it is not non-responsive in terms hereof.

The Authority reserves the right to reject any Bid which is non-responsive and no request
for alteration, modification, substitution or withdrawal shall be entertained by the
Authority in respect of such Bid.

8.2.2 Second step – Evaluation of Eligibility

The Authority shall proceed to evaluate the Eligibility Submission based upon the
Documentary evidence submitted by the Bidders and the clarifications submitted by the
Bidders in response to the clarifications sought by the Authority, if any, in support of their
eligibility to the criteria mentioned in the RFP.

Bidders meeting the minimum Eligibility requirement as per Section 7.1.2. will be eligible
for the next stage of the selection process i.e. opening of the Financial Bid. All such bidders

45
 shall be informed about their qualification and shall be invited for presentation as part of
Technical evaluation (detailed below).

8.2.3 Third Step – Opening of Technical bids

In the third Step, Authority shall open the Technical bid of those Bidders who are eligible
as per Section 8.2.2 (the “Qualified Bidder”). At this stage, scores will be given to the
bidders based on technical qualification as mentioned below. All the bidders will be
required to present the proposed project plan to APCRDA panel which will be given a
separate score. Total score based on presentation and technical qualification will be given
from a total of 100.

8.2.4 Technical Evaluation

Bidders will need to submit information about Performance, Operational Experience,

Infrastructure and Proposed Plan for Amaravati for the Five-Star or above hotel. Based on
which a “Technical Score” (the “Technical Score”) will be generated.

For parameters No.1 to No.3 below, in case of a single bidder combined experience of the
bidder and its Associates will be considered

For parameters No.1 to No.3 below, in case of a Consortium combined experience of

members of the Consortium holding equity share of at least 26% in SPV and their
Associates will be considered.

Award (the “Awards”) shall include “National Tourism Awards” by Ministry of Tourism
(GOI) in the appropriate hotel category and Tourism Awards by the respective State
governments in the appropriate hotel category; for eg: Tourism Awards Gujarat, Andra
Pradesh State Tourism Excellence Awards

Summation of scores of all parameters (Parameter No. 1 to 7) in the Technical Parameters

Table below shall give the Technical Score of the Bidder (out of a Total of 100).

46
 Max
S. marks
Parameter Bracket Marks
No (Total =
100)
Performance and Presence
No. of “Awards” won for Five-Star or Higher More than 6 10
category hotel - Awards received by the
following shall be considered: 4 to 6 7
- Entity in case of a sole bidder;
1
- All members holding not less than 26% in case 2 to 4 5
of a Consortium
- O&M entity with which Bidder has signed an 1 3
MoU

No. of Five-Star or higher category hotels having More than 6 20

minimum 150 rooms (in a single hotel) 4 to 6 15
2 developed, which was commissioned during last
3 10
10 years before Bid Due Date and which are
currently operational 2 5
No. of Five-Star or higher category hotels having More than 10 20
a minimum 150 rooms (in a single hotel) 7 to 10 15
operated and Managed for over the past 3
3 consecutive years just preceding Bid Due Date 4 to 6 10
and which are currently operational – Experience
of O&M entity with which Bidder has signed an 2 or 3 5
MoU shall also be considered
Financial performance
500+ 10
Average Annual Financial turnover during the 200+ up to 500 7
4
past 3 consecutive financial years (INR crores) 50 – 200 5

300+ 10
Net worth for the last Audited financial year (INR 150+ up to 300 7
5
crores)
80 - 150 5

125+ 10
Aggregate Annual Net-Cash Accrual* during the
6 75+ up to 125 7
past 3 consecutive financial years (INR Crores)
30 - 75 5

47
 Concept and presentation
Presentation on Project concept, Unique Value
proposition to Amaravati, Architectural feature,
7
aesthetic concept proposed investment and past 20 marks
experience

*Annual Net Cash Accruals shall mean Profit after Tax + Depreciation

Note: A self-certified copy of supporting documents and certifications from concerned Authority
failing which undertakings against each of the selection parameters will have to be submitted by
the Bidder.
*Self-attested copy of requisite documents towards proof of experience is mandatory to consider
an experience for evaluation. All the self-certified documents considered while evaluating the
eligibility criteria and qualification criteria will be submitted along with the Bid. Also, the
Bidders will have to submit the soft copy of all the self-certified documents and undertakings in
a CD.

48
 Details of Forms

Form C1: Bidder to provide the overview of Five-Star or above category hotel Experience

Form C2: Bidder to provide the details of all Eligible Five-Star or above category Hotels

Form C3: Bidders to provide the details of the Net Cash Accrual

Selection Process
■ Qualified Bidders as per Section 8.2.2 will be invited to make a presentation to
APCRDA on the Five-Star Hotel Proposal at Amaravati. Bidders will be given marks
out 20 for presentation.
■ Only top five Bidders for each Land Plot obtaining the highest marks in the Technical
Score (Parameter 1-7 above constituting Total of Maximum 100 marks) shall be the
“Shortlisted Bidders” (the “Shortlisted Bidder”) for each plot and shall be further
considered for Financial Tender evaluation.

8.2.5 Fourth Step – Opening of Financial Bids

The financial bid envelopes of top five Bidders of each plot as per the Technical Score
above will be opened.

Amongst the top five Shortlisted Bidders, the Bidders shall be ranked H1, H2, H3 etc. in
decreasing order based on the Financial Tender as per Form D of the RFP. The highest
Financial Tender Quote submitted by H1 shall be announced the Highest Bidder. Highest
Bidders for each plot shall be announced separately.

Since the RFP is part of a group of 3 RFPs and since, the overall provisions governing this
group of RFPs provide for a methodology to select the Winning Bidder, therefore Winning
Bidder in this RFP shall be determined with reference to that Methodology and subject to
then regulation. The Methodology and provisions are explained in greater detail in Section
2 of this RFP document.

8.2.6 Withdrawal by Highest Bidder

In the event that the Highest Bidder for any land Plot withdraws for any reason after the
selection as per the process outlined in Section 8.2.4., without prejudice to the rights and
remedies of the Authority, the steps mentioned below shall be followed

49
 The Authority may write to the Second Highest Bidder to match the highest bid, failing
which, the plot will be retendered.

In case the same Bidder is the Highest Bidder for both the plots, then, that Bidder shall be
asked to select the Plot he wants to keep. After the decision, the Second Highest Bidder is
respect of any of the plots shall be asked to match the bid of the Highest bid, failing which
the Plot shall be retendered

8.2.7 Issue of Letter of Intent

a) After the declaration of Highest Bidder for each of the plots, the process described in
Section 2 which deals with the Group of RFPs shall trigger in and the Winning Bidders
shall be decided as per the Methodology and Process described at Section 2

b) After selection of the Winning Bidder, a Letter of Intent (the “LOI”) shall be issued,
in duplicate, by the Authority to the Winning Bidder and the Winning Bidder shall,
within 7 (seven) days of the receipt of the LOI, sign and return the duplicate copy of
the LOI in acknowledgement thereof. In the event the duplicate copy of the LOI duly
signed by the Winning Bidder is not received by the stipulated date, the Authority
may, unless it consents to extension of time for submission thereof, appropriate the
Bid Security of such Bidder as damages on account of failure of the Selected Bidder
to acknowledge the LOI, and the next eligible Bidder may be considered.

c) After acknowledgement of the LOI as aforesaid by the Winning Bidder, it shall

execute the Agreement to Lease.

8.3 Contacts during Bid Evaluation

Bids shall be deemed to be under consideration immediately after they are opened and until
such time the Authority makes official intimation of award/ rejection to the Bidders. While
the Bids are under consideration, Bidders and/ or their representatives or other interested
parties are advised to refrain from contacting by any means, the Authority and/ or their
employees/ representatives on matters related to the Bids under consideration.

8.4 Confidentiality

Information relating to the examination, clarification, evaluation, and recommendation for

the short-listed qualified Bidders shall not be disclosed to any person who is not officially

50
 concerned with the process or is not a retained professional advisor advising the Authority
in relation to, or matters arising out of, or concerning the Bidding Process. The Authority
will treat all information, submitted as part of Bid, in confidence and will require all those
who have access to such material to treat the same in confidence. The Authority may not
divulge any such information unless it is directed to do so by any statutory/Governmental
entity that has the power under law to require its disclosure or such disclosure is required
to enforce or assert any right or privilege of any statutory or Governmental entity and/ or
the Authority or such disclosure is required by law or in connection with any legal process.

8.5 Correspondence with bidder

Save and except as provided in this RFP, the Authority shall not entertain any
correspondence with any Bidder in relation to acceptance or rejection of any Bid.

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9 FRAUD AND CORRUPT PRACTICES

The Bidders and their respective officers, employees, agents and advisers shall observe the
highest standard of ethics during the Bidding Process and subsequent to the issue of the LOI and
during the subsistence of the Agreement to Lease. Notwithstanding anything to the contrary
contained herein, or in the LOI or the Agreement to Lease, the Authority shall reject a Bid,
withdraw the LOI, or terminate the Agreement to Lease, as the case may be, without being liable
in any manner whatsoever to the Bidder or Lessee, as the case may be, if it determines that the
Bidder or Lessee, as the case may be, has, directly or indirectly or through an agent, engaged in
corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice
in the Bidding Process. In such an event, the Authority shall forfeit and appropriate the Bid
Security as mutually agreed genuine pre-estimated compensation and damages payable to the
Authority towards, inter alia, time, cost and effort of the Authority, without prejudice to any
other right or remedy that may be available to the Authority hereunder or otherwise.

Without prejudice to the rights of the Authority hereinabove and the rights and remedies which
the Authority may have under the LOI or the Agreement to Lease, if a Bidder or Lessee, as the
case may be, is found by the Authority to have directly or indirectly or through an agent, engaged
or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice
or restrictive practice during the Bidding Process, or after the issue of the LOI or the execution
of the Agreement to Lease, such Bidder or Lessee shall not be eligible to participate in any tender
or RFP issued by the Authority during a period of 2 (two) years from the date such Bidder or
Lessee, as the case may be, is found by the Authority to have directly or indirectly or through an
agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice,
undesirable practice or restrictive practices, as the case may be.

For the purposes of this Section, the following terms shall have the meaning hereinafter
respectively assigned to them:

a) “corrupt practice” means (i) the offering, giving, receiving, or soliciting, directly or indirectly,
of anything of value to influence the actions of any person connected with the Bidding Process
(for avoidance of doubt, offering of employment to or employing or engaging in any manner
whatsoever, directly or indirectly, any official, employee, agent or adviser of the Authority who
is or has been associated in any manner, directly or indirectly with the Bidding Process or the
LOI or has dealt with matters concerning the Agreement to Lease or arising therefrom, before
or after the execution thereof, at any time prior to the expiry of one year from the date such
official resigns or retires from or otherwise ceases to be in the service of the Authority, shall be
deemed to constitute influencing the actions of a person connected with the Bidding Process); or

52
 (ii) engaging in any manner whatsoever, whether during the Bidding Process or after the issue
of the LOI or after the execution of the Agreement to Lease, as the case may be, any person in
respect of any matter relating to the Project or the LOI or the Agreement to Lease, who at any
time has been or is a legal, financial or technical adviser of the Authority in relation to any matter
concerning the Project; or (iii) any violation of the (Indian) Prevention of Corruption Act, 1988,
as amended from time to time

b) “fraudulent practice” means a misrepresentation or omission of facts or suppression of facts or

disclosure of incomplete facts, in order to influence the Bidding Process;

c) “coercive practice” means impairing or harming, or threatening to impair or harm, directly or

indirectly, any person or property to influence any person’s participation or action in the Bidding
Process;

d) “undesirable practice” means (i) establishing contact with any person connected with or
employed or engaged by the Authority with the objective of canvassing, lobbying or in any
manner influencing or attempting to influence the Bidding Process; or (ii) having a Conflict of
Interest; and

e) “restrictive practice” means forming a cartel or arriving at any understanding or arrangement

among Bidders with the objective of restricting or manipulating a full and fair competition in the
Bidding Process.

53
10 PRE-BID CONFERENCE

Pre-Bid conferences of the Bidders shall be convened at the designated date, time and place.
Only representatives of registered bidders (single firms or consortiums) can attend the pre-bid
conference. . A maximum of three representatives of each Bidder shall be allowed to participate
on production of authority letter from the Bidder.

The last date for receiving the queries could be referred from Section 5

During the course of Pre-Bid conferences, the Bidders will be free to seek clarifications and
make suggestions for consideration of the Authority. The Authority shall endeavor to provide
clarifications and such further information as it may, in its sole discretion, consider appropriate
for facilitating a fair, transparent and competitive Bidding Process.

The Bidders should note that any verbal response or information provided by the Authority
during the Pre-Bid Conference is only for the information of the bidders and shall not constitute
a part of the Tender Documents. The Bidders are encouraged to submit their queries as per the
set procedure which would be answered by the Authority.

54
11 MISCELLANEOUS

The Bidding Process shall be governed by, and construed in accordance with, the laws of India
and the Courts at Andhra Pradesh shall have exclusive jurisdiction over all disputes arising under,
pursuant to and/ or in connection with the Bidding Process.

The Authority, in its sole discretion and without incurring any obligation or liability, reserves
the right, at any time, to;

a) suspend and/ or cancel the Bidding Process and/ or amend and/ or supplement the Bidding
Process or modify the dates or other terms and conditions relating thereto;

b) consult with any Bidder in order to receive clarification or further information;

c) retain any information and/ or evidence submitted to the Authority by, on behalf of, and/ or in
relation to any Bidder; and/ or

d) independently verify, disqualify, reject and/ or accept any and all submissions or other
information and/ or evidence submitted by or on behalf of any Bidder.

It shall be deemed that by submitting the Bid, the Bidder agrees and releases the Authority, its
employees, agents and advisers, irrevocably, unconditionally, fully and finally from any and all
liability for claims, losses, damages, costs, expenses or liabilities in any way related to or arising
from this RFP including from the exercise of any rights and/ or performance of any obligations
hereunder, pursuant hereto and/ or in connection herewith and waives any and all rights and/ or
claims it may have in this respect, whether actual or contingent, whether present or future.

55
12 BIDDING FORMS

Enclosures of the Bid

56
Form A1

FORMAT FOR LETTER OF BID

(Relevant Sections in the RFP may be referred at the time of filling of the Form)

(On the Letter Head of the Bidder (in case of Single Bidder) or Lead Member

(in case of a Consortium))

Date:

The Commissioner
Andhra Pradesh Capital Region Development Authority
Lenin Centre, Governorpet,
Vijayawada – 520 002
Andhra Pradesh, India

Request for Proposal (RFP) for Development of Five-Star Hotel

Dear Sir,

With reference to your RFP document dated ……….., I/we, having examined the RFP document and
understood its contents, hereby submit my/our Bid for the aforesaid project. The Bid is unconditional
and unqualified.

1. I/ We acknowledge that the Authority will be relying on the information provided in the Bid and
the documents accompanying such Bid for the aforesaid project, and we certify that all
information provided in the Bid and in all Forms is true and correct; nothing has been omitted
which renders such information misleading; and all documents accompanying such Bid are true
copies of their respective originals.

2. This statement is made for the express purpose of applying as a Bidder for the aforesaid Project.

3. I/ We shall make available to the Authority any additional information it may find necessary or
require to supplement or authenticate the Bid.

4. I/ We acknowledge the right of the Authority to reject our Bid without assigning any reason or
otherwise and hereby waive, to the fullest extent permitted by applicable law, our right to
challenge the same on any account whatsoever.

57
5. I/ We certify that in the last three years, we/ any of the Consortium Members have neither failed
to perform on any contract, as evidenced by imposition of a penalty by an arbitral or judicial
authority or a judicial pronouncement or arbitration award, nor been expelled from any project
or contract by any public authority nor have had any contract terminated by any public authority
for breach on our part.

6. I/ We declare that:

i. I/ We have examined and have no reservations to the RFP document, including any
corrigendum issued by the Authority;

ii. I/We have not directly or indirectly or through an agent engaged or indulged in any corrupt
practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice,
as defined in Section 9 of the RFP document, in respect of any tender or request for
proposal issued by or any agreement entered into with the Authority or any other public
sector enterprise or any government, Central or State; and

iv. I/ We hereby certify that we have taken steps to ensure that in conformity with the
provisions of Section 9 of the RFP document, no person acting for us or on our behalf has
engaged or will engage in any corrupt practice, fraudulent practice, coercive practice,
undesirable practice or restrictive practice.

7. I/ We understand that you may cancel the Bidding Process at any time and that you are neither
bound to accept any Bid that you may receive nor to invite the Bidders to Bid for the Project,
without incurring any liability to the Bidders, in accordance with Section 11 of the RFP
document.

8. I/ We believe that we/ our Consortium satisfy(s) the Technical and Financial Eligibility criteria
and meet(s) all the requirements as specified in the RFP document.

9. I/ We declare that we/ any Member of the Consortium are not a Member of a/ any other
Consortium applying for RFP.

10. I/ We certify that in regard to matters other than security and integrity of the country, we/ any
Member of the Consortium have not been convicted by a court or indicted or adverse orders
passed by a regulatory authority which could cast a doubt on our ability to undertake the Project
or which relates to a grave offence that outrages the moral sense of the community.

11. I/ We further certify that in regard to matters relating to security and integrity of the country, we/
any Member of the Consortium have not been charge-sheeted by any agency of the Government
or convicted by a court.

58
12. I/ We further certify that no investigation by a regulatory authority is pending either against us/
any Member of the Consortium or against our CEO or any of our directors/ managers/ employees.

13. I/We further certify that we/ any Member of the Consortium are not barred by the Central
Government or State Government or any entity controlled by it, from participating in any project,
and no bar subsists as on the date of Bid.

14. I/ We undertake that in case due to any change in facts or circumstances during the Bidding
Process, we are attracted by the provisions of disqualification in terms of the provisions of this
RFP, we shall intimate the Authority of the same immediately.

15. The Statement of Legal Capacity as per format provided at Form A9 of the RFP document, and
duly signed, is enclosed. The power of attorney for signing of Bid and the power of attorney for
Lead Member of Consortium, as per format provided at Form A3 and A4 respectively of the
RFP, are also enclosed.

16. I/ We hereby irrevocably waive any right or remedy which we may have at any stage at law or
howsoever otherwise arising to challenge or question any decision taken by the Authority in
connection with the selection of the Bidder, or in connection with the selection/ Bidding Process
itself, in respect of the above-mentioned Project and the terms and implementation thereof.

17. I/ We agree and undertake to abide by all the terms and conditions of the RFP document.
In witness, thereof, I/ we submit this Bid under and in accordance with the terms of the RFP
document.

Yours faithfully,

Date: (Signature, name and designation of the Authorized Signatory)

Place: Name and seal of the Bidder/ Lead Member

59
Form A2

BANK GUARANTEE FOR BID SECURITY

(Refer Sections 4.6 of the RFP Document)

B.G. No. Dated:

1. In consideration of you, ………………………..……, having its office at

………………, (hereinafter referred to as the “Authority”, which expression shall unless it
be repugnant to the subject or context thereof include its, successors and assigns) having
agreed to receive the Bid of …………………… (a company registered under the Companies
Act, 1956/ 2013 or a Society registered under the Societies Registration Act, 1860 or a Trust
under the Indian Trusts Act, 1882) and having its registered office at ………………………
(and acting on behalf of its Consortium) (hereinafter referred to as the “Bidder” which
expression shall unless it be repugnant to the subject or context thereof include its/their
executors, administrators, successors and assigns), for the ………………………….. Project
on Leasehold basis (hereinafter referred to as “the Project”) pursuant to the RFP Document
dated …………… issued in respect of the Project and other related documents including
without limitation the draft Agreement to Lease (hereinafter collectively referred to as
“Bidding Documents”), we (Name of the Bank) having our registered office at
……………………… and one of its branches at …………………….. (hereinafter
referred to as the “Bank”), at the request of the Bidder, do hereby in terms of Section 4.5 of
the RFP Document, irrevocably, unconditionally and without reservation guarantee the due
and faithful fulfilment and compliance of the terms and conditions of the Bidding Documents
(including the RFP Document) by the said Bidder and unconditionally and irrevocably
undertake to pay forthwith to the Authority an amount of Rs. …………. (Rupees
……………………….. only) (hereinafter referred to as the “Guarantee”) as our primary

60
 obligation without any demur, reservation, recourse, contest or protest and without reference
to the Bidder if the Bidder shall fail to fulfil or comply with all or any of the terms and
conditions contained in the said Bidding Documents.

2. Any such written demand made by the Authority stating that the Bidder is in default of the
due and faithful fulfilment and compliance with the terms and conditions contained in the
Tender Documents shall be final, conclusive and binding on the Bank.

3. We, the Bank, do hereby unconditionally undertake to pay the amounts due and payable
under this Guarantee without any demur, reservation, recourse, contest or protest and
without any reference to the Bidder or any other person and irrespective of whether the claim
of the Authority is disputed by the Bidder or not, merely on the first demand from the
Authority stating that the amount claimed is due to the Authority by reason of failure of the
Bidder to fulfil and comply with the terms and conditions contained in the Tender
Documents including failure of the said Bidder to keep its Bid open during the Bid Validity
Period as set forth in the said Tender Documents for any reason whatsoever. Any such
demand made on the Bank shall be conclusive as regards amount due and payable by the
Bank under this Guarantee. However, our liability under this Guarantee shall be restricted to
an amount not exceeding Rs. ………… (Rupees …………………………. only).

4. This Guarantee shall be irrevocable and remain in full force for a period of 180 (one hundred
and eighty) days from the Bid Due Date inclusive of a claim period of 60 (sixty) days or for
such extended period as may be mutually agreed between the Authority and the Bidder, and
agreed to by the Bank, and shall continue to be enforceable till all amounts under this
Guarantee have been paid.

5. We, the Bank, further agree that the Authority shall be the sole judge to decide as to whether
the Bidder is in default of due and faithful fulfilment and compliance with the terms and
conditions contained in the Tender Documents including, inter alia, the failure of the Bidder
to keep its Bid open during the Bid Validity Period set forth in the said Tender Documents,
and the decision of the Authority that the Bidder is in default as aforesaid shall be final and
binding on us, notwithstanding any differences between the Authority and the Bidder or any
dispute pending before any Court, Tribunal, Arbitrator or any other authority.

6. The Guarantee shall not be affected by any change in the constitution or winding up of the

61
 Bidder or the Bank or any absorption, merger or amalgamation of the Bidder or the Bank
with any other person.

7. In order to give full effect to this Guarantee, the Authority shall be entitled to treat the Bank
as the principal debtor. The Authority shall have the fullest liberty without affecting in any
way the liability of the Bank under this Guarantee from time to time to vary any of the terms
and conditions contained in the said Tender Documents or to extend time for submission of
the Bids or the Bid Validity Period or the period for conveying acceptance of Letter of Intent
by the Bidder or the period for fulfilment and compliance with all or any of the terms and
conditions contained in the said Tender Documents by the said Bidder or to postpone for any
time and from time to time any of the powers exercisable by it against the said Bidder and
either to enforce or forbear from enforcing any of the terms and conditions contained in the
said Tender Documents or the securities available to the Authority, and the Bank shall not
be released from its liability under these presents by any exercise by the Authority of the
liberty with reference to the matters aforesaid or by reason of time being given to the said
Bidder or any other forbearance, act or omission on the part of the Authority or any
indulgence by the Authority to the said Bidder or by any change in the constitution of the
Authority or its absorption, merger or amalgamation with any other person or any other
matter or thing whatsoever which under the law relating to sureties would but for this
provision have the effect of releasing the Bank from its such liability.

8. Any notice by way of request, demand or otherwise hereunder shall be sufficiently given or
made if addressed to the Bank and sent by courier or by registered mail to the Bank at the
address set forth herein.

9. We undertake to make the payment on receipt of your notice of claim on us addressed to

[name of Bank along with branch address] and delivered at our above branch which shall be
deemed to have been duly authorized to receive the said notice of claim.

10. It shall not be necessary for the Authority to proceed against the said Bidder before
proceeding against the Bank and the guarantee herein contained shall be enforceable against
the Bank, notwithstanding any other security which the Authority may have obtained from
the said Bidder or any other person and which shall, at the time when proceedings are taken
against the Bank hereunder, be outstanding or unrealized.

62
 11. We, the Bank, further undertake not to release this Guarantee during its currency except with
the previous express consent of the Authority in writing.

12. The Bank declares that it has power to issue this Guarantee and discharge the obligations
contemplated herein, the undersigned is duly authorized and has full power to execute this
Guarantee for and on behalf of the Bank.

13. For the avoidance of doubt, the Bank’s liability under this Guarantee shall be restricted to
Rs. ……… crore (Rupees ……………….......... crore only). The Bank shall be liable to pay
the said amount or any part thereof only if the Authority serves a written claim on the Bank
in accordance with paragraph 9 hereof, on or before [……. (indicate date as per the terms of
the RFP)].

Signed and Delivered by ………………………. Bank

By the hand of Mr. /Ms …………………….., its ………………….. and authorised official.

(Signature of the Authorised Signatory)

(Official Seal)

63
Form A3

FORMAT FOR POWER OF ATTORNEY FOR SIGNING BID

(Relevant Sections in the RFP may be referred at the time of filling of the Form)

(On a Stamp Paper of relevant value)

POWER OF ATTORNEY

Know all men by these presents, We…………………………………………….. (name of the firm

and address of the registered office) do hereby irrevocably constitute, nominate, appoint and authorise
Mr/ Ms (name), …………………… son/daughter/wife of ……………………………… and
presently residing at …………………., who is presently employed with us/ the Lead Member of our
Consortium and holding the position of ……………………………. , as our true and lawful attorney
(hereinafter referred to as the “Attorney”) to do in our name and on our behalf, all such acts, deeds
and things as are necessary or required in connection with or incidental to submission of our bid for
the …………………………… Project proposed or being developed by the
…………………….................. (the “Authority”) including but not limited to signing and submission
of all bids and other documents and writings, participate in Pre-Bids and other conferences and
providing information/ responses to the Authority, representing us in all matters before the Authority,
signing and execution of all contracts including Agreement to Lease and undertakings consequent to
acceptance of our bid, and generally dealing with the Authority in all matters in connection with or
relating to or arising out of our bid for the said Project and/ or upon award thereof to us and/or till the
entering into of the Agreement to Lease .

AND we hereby agree to ratify and confirm and do hereby ratify and confirm all acts, deeds and
things done or caused to be done by our said Attorney pursuant to and in exercise of the powers
conferred by this Power of Attorney and that all acts, deeds and things done by our said Attorney in
exercise of the powers hereby conferred shall and shall always be deemed to have been done by us.

64
IN WITNESS WHEREOF WE, …………………………., THE ABOVE NAMED PRINCIPAL
HAVE EXECUTED THIS POWER OF ATTORNEY ON THIS ……… DAY OF …………. 2…..

For

…………………………..

(Signature, name, designation and address)

Witnesses:

1.

(Notarised)

2.

Notes:

■ To be executed by the sole Bidder or the Lead Member in case of a Consortium as the case may
be.

■ The mode of execution of the Power of Attorney should be in accordance with the procedure,
if any, laid down by the applicable law and the charter documents of the executant (s) and when
it is so required the same should be under common seal affixed in accordance with the required
procedure.

■ Wherever required, the Bid should submit for verification the extract of the charter documents
and documents such as a board or shareholders’ resolution/ power of attorney in favor of the
person executing this Power of Attorney for the delegation of power hereunder on behalf of the
Bid.

■ For a Power of Attorney executed and issued overseas, the document will also have to be
legalized by the Indian Embassy and notarized in the jurisdiction where the Power of Attorney
is being issued. However, the Power of Attorney provided by Bidders from countries that have
signed the Hague Legislation Convention 1961 are not required to be legalized by the Indian
Embassy if it carries a conforming Apostille certificate.

65
Form A4

FORMAT FOR POWER OF ATTORNEY FOR LEAD MEMBER OF CONSORTIUM

(Relevant Sections in the RFP may be referred at the time of filling of the Form)

(On a Stamp Paper of relevant value)

POWER OF ATTORNEY

Whereas the ……………………………….. (“the Authority”) has invited bids from interested parties
for the ……………………………. Project (the “Project”).

Whereas, …………………….., …………………….., …………………….. and

…………………….. (collectively the “Consortium”) being Members of the Consortium are
interested in bidding for the Project in accordance with the terms and conditions of the Request for
Proposal (RFP) and other connected documents in respect of the Project, and

Whereas, it is necessary for the Members of the Consortium to designate one of them as the Lead
Member with all necessary power and authority to do for and on behalf of the Consortium, all acts,
deeds and things as may be necessary in connection with the Consortium’s bid for the Project and its
execution.

NOW THEREFORE KNOW ALL MEN BY THESE PRESENTS

We, …………………….. having our registered office at …………………….., M/s.

…………………….. having our registered office at …………………….., M/s.
…………………….. having our registered office at …………………….., and ……………………..
having our registered office at …………………….., (hereinafter collectively referred to as the
“Principals”) do hereby irrevocably designate, nominate, constitute, appoint and authorize M/S
…………………….. having its registered office at …………………….., being one of the Members
of the Consortium, as the Lead Member and true and lawful attorney of the Consortium (hereinafter
referred to as the “Attorney”). We hereby irrevocably authorize the Attorney (with power to sub-
delegate) to conduct all business for and on behalf of the Consortium and any one of us during the
bidding process and, in the event the Consortium is awarded the contract, during the execution of the

66
Project and in this regard, to do on our behalf and on behalf of the Consortium, all or any of such
acts, deeds or things as are necessary or required or incidental to the submission of its bid for the
Project, including but not limited to signing and submission of all bids and other documents and
writings, accept the Letter of Intent, participate in bidders’ and other conferences, respond to queries,
submit information/ documents, sign and execute contracts and undertakings consequent to
acceptance of the bid of the Consortium and generally to represent the Consortium in all its dealings
with the Authority, and/ or any other Government Agency or any person, in all matters in connection
with or relating to or arising out of the Consortium’s bid for the Project and/ or upon award thereof
till the Agreement to Lease is entered into with the Authority.

AND hereby agree to ratify and confirm and do hereby ratify and confirm all acts, deeds and things
done or caused to be done by our said Attorney pursuant to and in exercise of the powers conferred
by this Power of Attorney and that all acts, deeds and things done by our said Attorney in exercise of
the powers hereby conferred shall and shall always be deemed to have been done by us/ Consortium.

IN WITNESS WHEREOF WE THE PRINCIPALS ABOVE NAMED HAVE EXECUTED THIS

POWER OF ATTORNEY ON THIS …………………. DAY OF ………. 2..…

For ……………………..

(Signature)

……………………..

(Name & Title)

For ……………………..

(Signature)

……………………..

(Name & Title)

For ……………………..

(Signature)

……………………..

(Name & Title)

67
Witnesses:

1.

2.

………………………………………

(Executants)

(To be executed by all the Members of the Consortium)

Note:

■ The mode of execution of the Power of Attorney should be in accordance with

the procedure, if any, laid down by the applicable law and the charter
documents of the executant(s) and when it is so required the same should be
under common seal affixed in accordance with the required procedure.

■ Also, wherever required, the Bidder should submit for verification the extract
of the charter documents and documents such as a board or shareholders’
resolution/ power of attorney in favor of the person executing this Power of
Attorney for the delegation of power hereunder on behalf of the Bidder.

■ For a Power of Attorney executed and issued overseas, the document will also
have to be legalized by the Indian Embassy and notarized in the jurisdiction
where the Power of Attorney is being issued. However, the Power of Attorney
provided by Bidders from countries that have signed the Hague Legislation
Convention 1961 are not required to be legalized by the Indian Embassy if it
carries a conforming Apostille certificate.

68
Form A5

JOINT BIDDING AGREEMENT

(Relevant Sections in the RFP may be referred at the time of filling of the Form)

(To be executed on Stamp paper of appropriate value)

THIS JOINT BIDDING AGREEMENT is entered into on this the ………… day of ………… 20…

AMONGST

1. ………… Limited, a company incorporated under the Companies Act, 1956/2013 or a

Society registered under the Societies Registration Act, 1860 or a Trust registered under the
Indian Trusts Act, 1882 and having its registered office at ………… (Hereinafter referred to
as the “First Part” which expression shall, unless repugnant to the context include its
successors and permitted assigns)

AND

2. ………… Limited, a company incorporated under the Companies Act, 1956/2013 or a

Society registered under the Societies Registration Act, 1860 or a Trust registered under the
Indian Trusts Act, 1882 and having its registered office at ………… (hereinafter referred to
as the “Second Part” which expression shall, unless repugnant to the context include its
successors and permitted assigns)

AND

3. {………… Limited, a company incorporated under the Companies Act, 1956/2013 or a

Society registered under the Societies Registration Act, 1860 or a Trust registered under the
Indian Trusts Act, 1882 and having its registered office at ………… (hereinafter referred to
as the “Third Part” which expression shall, unless repugnant to the context include its
successors and permitted assigns)}

69
 The above mentioned parties of the FIRST, SECOND, {THIRD} PART are collectively
referred to as the “Parties” and each is individually referred to as a “Party”

WHEREAS,

(A) Andhra Pradesh Capital Region Development Authority (APCRDA), established under the
Andhra Pradesh Capital Region Development Authority Act, 2014, represented by its
Commissioner and having its principal offices at Lenin Center, Governorpet, Vijayawada –
520 002, Andhra Pradesh, India (hereinafter referred to as the “Authority” which expression
shall, unless repugnant to the context or meaning thereof, include its administrators,
successors and assigns) has invited bids (the “Bids”) by its Request for Proposal No.
………… dated ………… (the “RFP”) for development of Five-Star Hotel in Amarvati
Capital city on Leasehold basis.

(B) The Parties are interested in jointly bidding for the Project as members of a Consortium and
in accordance with the terms and conditions of the RFP document and other bid documents
in respect of the Project, and

(C) It is a necessary condition under the RFP document that the members of the Consortium shall
enter into a Joint Bidding Agreement and furnish a copy thereof with the Bid.

NOW IT IS HEREBY AGREED as follows:

1. Definitions and Interpretations

In this Agreement, the capitalized terms shall, unless the context otherwise requires, have the
meaning ascribed thereto under the RFP.

2. Consortium

2.1 The Parties do hereby irrevocably constitute a consortium (the “Consortium”) for the
purposes of jointly participating in the Bidding Process for the Project.

2.2 The Parties hereby undertake to participate in the Bidding Process only through this
Consortium and not individually and/ or through any other consortium constituted for this
Project, either directly or indirectly.

70
3. Covenants

The Parties hereby undertake that in the event the Consortium is declared the selected Bidder,
all the parties of the consortium will have to get into a legal Agreement to execute Project for
at-least Five (5) from the commercial operation declaration, from the date of execution of
Agreement to Lease.

4. Role of the Parties

The Parties hereby undertake to perform the roles and responsibilities as described below:

■ Party of the First Part shall be the Lead member of the Consortium and shall
have the power of attorney from all Parties for conducting all business for and
on behalf of the Consortium during the Bidding Process;

■ Party of the Second Part shall be {the Member of the Consortium;}

■ Party of the Third Part shall be the {Member of the Consortium; and}

5. Ownership and Lock-in

5.1 The Parties undertake to adhere to the provisions of the Change in Ownership as per Section
7.4 of the RFP document.

5.2 The Parties undertake that they shall comply with all equity lock-in requirements set forth in
the Agreement to Lease.

6. Representation of the Parties

Each Party represents to the other Parties as of the date of this Agreement that:

■ Such Party is duly organized, validly existing and in good standing under the
laws of its incorporation and has all requisite power and authority to enter into
this Agreement;

■ The execution, delivery and performance by such Party of this Agreement has
been authorized by all necessary and appropriate corporate or governmental
action and a copy of the extract of the charter documents and board resolution/

71
 Power of Attorney in favor of the person executing this Agreement for the
delegation of ower and authority to execute this Agreement on behalf of the
Consortium Member is annexed to this Agreement, and will not, to the best
of its knowledge:

a. require any consent or approval not already obtained;

b. violate any Applicable Law presently in effect and having applicability to

it;

c. violate the memorandum and articles of association, by-laws or other

applicable organizational documents thereof;

d. violate any clearance, permit, concession, grant, license or other

governmental authorization, approval, judgement, order or decree or any
mortgage agreement, indenture or any other instrument to which such
Party is a party or by which such Party or any of its properties or assets
are bound or that is otherwise applicable to such Party; or

e. create or impose any liens, mortgages, pledges, claims, security interests,

charges or encumbrances or obligations to create a lien, charge, pledge,
security interest, encumbrances or mortgage in or on the property of such
Party, except for encumbrances that would not, individually or in the
aggregate, have a material adverse effect on the financial condition or
prospects or business of such Party so as to prevent such Party from
fulfilling its obligations under this Agreement;

■ this Agreement is the legal and binding obligation of such Party, enforceable
in accordance with its terms against it; and

■ there is no litigation pending or, to the best of such Party's knowledge,

threatened to which it is a party that presently affects or which would have a
material adverse effect on the financial condition or prospects or business of
such Party in the fulfilment of its obligations under this Agreement.

72
7. Termination

This Agreement shall be effective from the date hereof and shall continue in full force and
effect until the need to continue the Consortium in its present form, as per the relevant
provisions of the RFP or the Agreement to Lease, in case the Project is awarded to the
Consortium. However, in case the Consortium does not get selected for award of the Project,
the Agreement will stand terminated upon return of the Bid Security by the Authority to the
Bidder.

8. Miscellaneous

8.1 This Joint Bidding Agreement shall be governed by laws of India.

8.2 The Parties acknowledge and accept that this Agreement shall not be amended by the Parties
without the prior written consent of the Authority.

IN WITNESS WHEREOF THE PARTIES ABOVE NAMED HAVE EXECUTED AND

DELIVERED THIS AGREEMENT AS OF THE DATE FIRST ABOVE WRITTEN.

SIGNED, SEALED AND DELIVERED SIGNED, SEALED AND DELIVERED

For and on behalf of
LEAD MEMBER by: SECOND PART

(Signature) (Signature)
(Name) (Name)
(Designation) (Designation)
(Address) (Address)

SIGNED, SEALED AND DELIVERED

For and on behalf of

THIRD PART

(Signature)
(Name)

73
 (Designation)
(Address)

In the presence of:

1. 2.

74
Form A6

FORMAT FOR ANTI-COLLUSION CERTIFICATE

ANTI-COLLUSION CERTIFICATE

We hereby certify and confirm that in the preparation and submission of this Bid, we have not acted
in concert or in collusion with any other Bidder or other person(s) and also not done any act, deed or
thing which is or could be regarded as anti-competitive, restrictive or monopolistic trade practice.

We further confirm that we have not offered nor will offer any illegal gratification in cash or kind to
any person or agency in connection with the instant Bid.

Dated this ______________ Day of ________________, 200_

Name of the Bidder

__________________________________

Signature of the Authorised Person

__________________________________

Name of the Authorised Person

Note:

 To be executed by all the Members in case of Consortium.

75
Form A7

FORMAT FOR PROJECT UNDERTAKING

The Commissioner,

Andhra Pradesh Capital Region Development Authority,

Lenin Center, Governorpet, Vijayawada - 520002, A.P, India

Re: Development of Five-Star Hotel in Amaravati

We have read and understood the Bid Document in respect of the captioned project provided to us
by APCRDA.

We hereby agree and undertake as under:

■ Notwithstanding any qualifications or conditions, whether implied or

otherwise, contained in our Bid we hereby represent and confirm that our Bid
is unqualified and unconditional in all respects.

■ We are not barred by APCRDA, Government of India, Government of Andhra

Pradesh, any state government, any Foreign Government or any of their
agencies from participating in similar projects.

Dated this ___________________ Day of _______________, 201_.

Name of the Bidder

_________________________________

Signature of the Authorised Person

_________________________________

Name of the Authorized Person

Note: To be signed by the Lead Member in case of a Consortium.

76
Form A8

FORMAT FOR AFFIDAVIT

(Separate Affidavits are to be submitted by each member in case bidder is a Consortium)

(Affidavit should be executed on a Non Judicial stamp paper of Rs 100/- or such equivalent document
duly attested by Notary Public)

■ I, the undersigned, do hereby certify that all the statements made in the Bid are true and correct
■ The undersigned also hereby certifies that neither our firm M/s……………. nor any of its
directors / constituent partners have abandoned any work in India and / abroad nor any contract
awarded to us
■ The undersigned hereby authorize(s) and request(s) any bank, person, firm or corporation to
furnish pertinent information deemed necessary as requested by APCRDA to verify this
statement or regarding my (our) competence and general reputation
■ The undersigned understands and agrees that further qualifying information may be requested,
and agrees to furnish any such information at the request of the APRCDA
Signed by an authorized officer of the firm

Designation of officer

Name of Firm

Date

77
Form A9

FORMAT FOR STATEMENT OF LEGAL CAPACITY

(To be forwarded on the letterhead of the Bidder/ Lead Member of Consortium)

Ref. Date:

To,

…………………….

……………………..

……………………..

Dear Sir,

We hereby confirm that we/ our members in the Consortium (constitution of which has been
described in the Bid) satisfy the terms and conditions laid out in the RFP document.

We have agreed that …………………… (insert member’s name) will act as the Lead Member of our
consortium. We have agreed that ………………….. (insert individual’s name) will act as our
representative/ will act as the representative of the consortium on its behalf and has been duly
authorized to submit the RFP. Further, the authorized signatory is vested with requisite powers to
furnish such letter and authenticate the same.

Thanking you,

Yours faithfully,

(Signature, name and designation of the authorized signatory)

For and on behalf of…………………………….

78
Eligibility Submission

79
GUIDELINES FOR PROVIDING INFORMATION RELATED TO TECHNICAL
ELIGIBILITY

■ The Bidder/ Member shall submit its financial statements as per IFRS.

■ The Statutory Auditor issuing the certification for Technical Eligibility of the
Bidder must hold a valid Certificate of Practice.

GUIDELINES FOR PROVIDING INFORMATION RELATED TO FINANCIAL

ELIGIBILITY

■ The Bidder should provide the Financial Eligibility based on its own audited
financial statements.

■ Instructions for calculation of Financial Eligibility:

– Net Worth shall mean (Subscribed and Paid-up Equity + Reserves) less
(Revaluation reserves + miscellaneous expenditure not written off +
reserves not available for distribution to equity shareholders).

– The Bidder shall provide audited Annual Reports as required under this
Bid Document. For a Consortium, audited Annual Reports of all Members
shall be provided.

– In case of a Consortium comprising of members with holdings in each

other, the cross holdings between the group companies comprising part of
the Consortium will be deducted for the purpose of Net Worth calculations.

80
Form B1

PARTICULARS OF THE BIDDER

1 (a) Name

(b) Country of Incorporation

(c) Address of the corporate headquarters and its branch office (s), if any, in India

(d) Date of incorporation and / or commencement of business

2 Brief description of the Company including details of its main lines of business and proposed
roles and responsibilities in this Project.

3 Particulars of individual(s) who will serve as the point of contact/ communication for the
Bidder:

(a) Name:
(b) Designation:
(c) Company:
(d) Address:
(e) Telephone No:
(f) E-mail Address:
(g) Fax No:

4 Particulars of the Authorised Signatory of the Bidder:

(a) Name:
(b) Designation:
(c) Address:
(d) Telephone No.
(e) E-mail address:

81
 (f) Fax No.

5 In case of Consortium:

■ The information above (1-4) should be provided for all the Members of the
Consortium

■ A copy of the Jt. Bidding Agreement as envisaged in Form A5 should be

attached to the Bid.

■ Information regarding role of each Member should be provided as per table

below

Sl. Name of Role of the Member Percentage of equity in the

No. Member Consortium

7 The following information shall also be provided for the Bidder, including each Member
of the Consortium:

Name of Bidder/ member of Consortium:

No. Criteria Yes No

1. Has the Bidder/ constituent of the Consortium

been barred by the Central/ State/ Foreign
Government, or any entity controlled by it, from
participating in any project?

82
 No. Criteria Yes No

2. If the answer to 1 is yes, does the bar subsist as on

the date of Bid?

3. Has the Bidder/ constituent of the Consortium

paid liquidated damages of more than 5% of the
contract value in a contract due to delay or has
been penalised due to any other reason in relation
to execution of a contract, in the last three years?

8 A statement by the Bidder and each of the Members of its Consortium (where applicable)
disclosing material non-performance or contractual non-compliance in past projects,
contractual disputes and litigation/ arbitration in the recent past is given below (Attach extra

83
Form B2

DETAILS FOR SATISFYING TECHNICAL ELIGIBILITY

S. Bidder Type Name of the Project Description

No. Projects (Attach separate sheet for
each project as per Annexure
Form B3)
1 Single Entity Bidder

For Consortium Bidder

1 Consortium Member 1

2 Consortium Member 2

3 Consortium Member 3

i. Provide details of only those projects that have been undertaken by the
Bidder under its own name and/ or by an Associate specified in section
7.1.1 (i). and/ or by a project company eligible under section 7.1.2

ii. Bidder consisting of a single entity should fill in details as per the row titled
Single entity Bidder and ignore the rows titled Consortium Member. In
case of a Consortium, the row titled Single entity Bidder may be ignored.
In case credit is claimed for an Associate, a certificate from a qualified
external auditor who audits the book of accounts of the Bidder shall be
provided to establish the relationship of the Bidder with such Associate

84
Form B3

DETAILS OF THE PROJECT

Item Particulars of the Project

Title of the project

Entity for which the project was constructed/

developed

Location

Project cost

Number of Rooms (if applicable)

Date of commencement of project/ contract

Project Stage (Operational /

Construction /Any Other)

Date of completion of project/

contract

Role of the Bidder/ Consortium Member in the

Project

Total built-up area of the project

Instructions:

1. Bidders are expected to provide information in respect of each Projects in this

Annexure. The projects cited must be a Five-Star or higher category hotels, Resorts,
MICE centers, commercial projects and retail complex. Information provided in this
section is intended to serve as a backup for information provided in the Bid. Bidders
should also refer to the Instructions below.
2. A separate sheet should be filled for each Eligible Project.

85
 3. Certificate from the Bidder’s statutory auditors or its respective clients must be
furnished as per formats below for each Project In jurisdictions that do not have
statutory auditors, the auditors who audit the annual accounts of the Bidder/
Member/Associate may provide the requisite certification.
4. For Five-Star and above category projects Certificate 1 and certificate 2 should be
provided and certificate 3 should be ignored. In case of Other Projects Certificate 3
should be provided and certificate 1 and certificate 2 should be ignored )

5. The Bidder, claiming experience should provide a certificate from its statutory
auditor in the following formats below

Certificate – 1

Certificate from the Statutory Auditor regarding operation and management (O&M)

This is to certify that (Name of the Bidder) has been in continued operations and
management of the projects mentioned above over the past three consecutive years from the Bidder
Due Date as per year-wise details noted below:

……………………

……………………

Name of Authorized Signatory:

Designation:

Name of firm:

(Signature of the Authorized Signatory)

Seal of the Firm

86
Certificate – 2

Certificate from the statutory auditor regarding construction projects - Hotels

Based on its books of accounts and other published information authenticated by it,
{this is to certify that …………………….. (name of the Bidder/Member/Associate)
was engaged by…………….. (title of the project company) to execute
……………… (name of project) for ………………(nature of project). The
construction of the project commenced on
………….. (date) and the project was commissioned on …………… (date). It is
certified that ……………. (name of the Bidder/ Member/ Associate) received/paid
Rs. ……….. cr. (Rupees……………………crore) by way of payment for the
aforesaid construction works.

We further certify that the Bidder/Member/Associate has developed the project

having ……….(Five-Star or higher) category having ……….hotel rooms at single
hotel, during the past five years as on the Bid Due Date as per details noted below:

………………………
………………………
Name of Authorized
Signatory:
Designation:
Name of firm:
(Signature of the Authorized Signatory)
Seal of the Firm

87
Certificate – 3

Certificate from the statutory auditor regarding construction projects – Other

Projects

Based on its books of accounts and other published information authenticated by it,
{this is to certify that …………………….. (name of the Bidder/Member/Associate)
was engaged by…………….. (title of the project company) to execute
……………… (name of project) for ………………(nature of project). The
construction of the project commenced on
………….. (date) and the project was commissioned on …………… (date). It is
certified that ……………. (name of the Bidder/ Member/ Associate) received/paid
Rs. ……….. cr. (Rupees……………………crore) by way of payment for the
aforesaid construction works.

We further certify that the Bidder/Member/Associate has developed the project

having ……….built up area, during the past ten years as on the Bid Due Date as per
details noted below:

………………………
………………………
Name of Authorized
Signatory:
Designation:
Name of firm:
(Signature of the Authorized Signatory)
Seal of the Firm

It may be noted that in the absence of any detail in the above certificates, the information
would be considered inadequate and could be lead to exclusion of the relevant project in
computation

88
Form B4

FORMAT FOR ESTABLISHING TECHNICAL ELIGIBILITY OF THE HOTEL O&M

AGENCY

Details of the O&M agency

1. Name:

2. Country of incorporation:

3. Corporate address:

4. No of hotels currently (Five-Star and above category):

5. Fill the below given table for any two Five-Star and above category hotel currently operational in
India

Sr. Name of No of Location Date of

No the Rooms commencement
Project of O&M

Instructions:

1. To be filled only for the Bidder who has an MoU with a Hotel Operator to qualify ‘Technical
Criteria A’ as per section 7.1.2

2. Certificate from the bidder’s statutory auditors or its respective clients must be furnished as per the
format Certificate – 1 of Form B3, for both the projects. In jurisdictions that do not have statutory
auditors, the auditors who audit the annual accounts of the Bidder/member/Associate may provide
the requisite certification

89
Form B5

FORMAT FOR ESTABLISHING FINANCIAL ELIGIBILITY

NET WORTH

Net Worth
(Rs. Crore)
Bidder Type

Year …..

Single Entity Bidder

Consortium Member 1

Consortium Member 2

Consortium Member 3

TOTAL

Name & address of Bidder’s Bankers:

For conversion of other currencies into rupees, see notes below,

Signature of Authorised Person

90
TURNOVER FORM

Average Turnover (Rs Cr)

Year Member 1 Member 2 Member 3 Total

2013-14

2014-15

2015-16

Average Annual Turnover for the

past 3 years

Note:

■ The filled up Form B5 to be signed by an authorized signatory of the bidder.

■ The information mentioned in the Form B5 shall be certified as per the requirements specified
in the Section 7.1.2.
■ For conversion of US Dollars to Rupees, the rate of conversion shall be Rupees 65 (sixty-five)
to a US Dollar. In case of any other currency, the same shall first be converted to US Dollars as
on the date 60 (sixty) days prior to the Bid Due Date, and the amount so derived in US Dollars
shall be converted into Rupees at the aforesaid rate. The conversion rate of such currencies shall
be the daily representative exchange rates published by the International Monetary Fund for the
relevant date.
■ The Bidder should provide details of its own Financial Eligibility
■ The Bidder/ its constituent Consortium Members shall attach copies of the balance sheets,
financial statements and Annual Reports for 3 (three) years preceding the Bid Due Date. The
financial statements shall:
– reflect the financial situation of the Bidder or Consortium Members
– be audited by a statutory auditor;
– be complete, including all notes to the financial statements; and

91
 – correspond to accounting periods already completed and audited (no statements for partial
periods shall be requested or accepted).
■ Net Worth shall mean (Subscribed and Paid-up Equity + Reserves) less (Revaluation reserves
+ miscellaneous expenditure not written off + reserves not available for distribution to equity
shareholders).
■ The Bidder shall provide an Auditor’s Certificate specifying the Net Worth and of the Bidder
and also specifying the methodology adopted for calculating such Net Worth in accordance with
Section 7.1.2. of the RFP document.

92
Technical Bid Submission

93
 Form C1

DETAILS OF HOTELS CURRENTLY IN OPERATION

1. Name of the hotel O&M entity:

2. Details of the project:

Item Particulars of the Project

Name of the project

Star category

Entity for which the project was constructed/

developed

Location

Number of Rooms

Date of commencement of the hotel O&M

Instructions:

1. Bidders are expected to provide information in respect of each Projects in this Form. The
projects cited must be a Five-Star or higher category hotels, Bidders should also refer to
the Instructions below.
2. A separate sheet should be filled for each Eligible Project.
3. Certificate from the Bidder’s statutory auditors or its respective clients must be furnished
as per formats below for each Project In jurisdictions that do not have statutory auditors,
the auditors who audit the annual accounts of the Bidder/ Member/Associate may provide
the requisite certification.
4. For Five-Star and above category hotels Certificate 1 should be provided
5. The Bidder, claiming experience should provide a certificate from its statutory auditor in
the following formats below

94
Certificate – 1

Certificate from the Statutory Auditor regarding operation and management (O&M)

This is to certify that (Name of the Bidder) has been in continued operations and
management of the projects mentioned above over the past three years from the Bidder Due Date
as per year-wise details noted below:

……………………

……………………

Name of Authorized Signatory:

Designation:

Name of firm:

(Signature of the Authorized Signatory)

Seal of the Firm

95
Form C2

FORMAT FOR NET CASH ACCRUAL DETAILS

CERTIFICATION BY STATUTORY AUDITOR

This is to certify that M/s ____________________ (Name of the Bidder) has Net Worth and Cash
Accruals (calculated in accordance with the RFP Document) as set out in the following tables:

Net Worth and Net Cash Accruals

SN Particulars as per the Year …… Year …… Year ……. TOTAL

Audited Balance Sheet

Net Cash Accruals

1 Profit After Tax (PAT)

2 Depreciation

3 Net Cash Accruals = (1+2)

Name of the audit firm:

Seal of the audit firm:

Date:

(Signature, name and designation of the authorized signatory)

Note:

■ For conversion of US Dollars to Rupees, the rate of conversion shall be Rupees 65 (sixty-five)
to a US Dollar. In case of any other currency, the same shall first be converted to US Dollars as
on the date 60 (sixty) days prior to the Bid Due Date, and the amount so derived in US Dollars
shall be converted into Rupees at the aforesaid rate. The conversion rate of such currencies shall

96
 be the daily representative exchange rates published by the International Monetary Fund for the
relevant date.
■ The Bidder should provide details of its own Financial Eligibility
■ The Bidder/ its constituent Consortium Members shall attach copies of the balance sheets,
financial statements and Annual Reports for 3 (three) years preceding the Bid Due Date. The
financial statements shall:
– reflect the financial situation of the Bidder or Consortium Members
– be audited by a statutory auditor;
– be complete, including all notes to the financial statements; and
– correspond to accounting periods already completed and audited (no statements for partial
periods shall be requested or accepted).
■ Net Cash Accruals shall mean Profit After Tax + Depreciation.
■ Net Worth shall mean (Subscribed and Paid-up Equity + Reserves) less (Revaluation reserves
+ miscellaneous expenditure not written off + reserves not available for distribution to equity
shareholders).
■ The Bidder shall provide an Auditor’s Certificate specifying the Net Worth and Net Cash
Accrual of the Bidder and also specifying the methodology adopted for calculating such Net
Worth and Net Cash Accrual in accordance with Section 7.1.2. of the RFP document.

97
Financial Bid Submission

98
Form D1

Tender for Allotment of Plot-6 for Five-Star hotel in Amaravati

1. I Shri/Smt/Ms_________________S/D/W/o________________ duly authorized by

______________ Society/ Trust/ Partnership Firm/ Private / Public Limited Company to
submit this Tender, here by submit the Tender in the form of the premium rate per Sq. M
specified in the table below for Allotment of Plot for Five-Star hotel in Amaravati -

2.

Area of plot Tendered premium rate per Sq.M

Particulars

(Sq. M)

Rs.. In Figure Rs.. In Words

Plot-6 for Five-Star

hotel

Project in Amaravati Approx. 16184

3. Should this Tender be accepted, I/We hereby agree to stand by and fulfil all terms and
provisions of the said condition of the allotment set forth in the Tender document or in
default, thereof to forfeit Bid Security & pay to the APCRDA the sums of money
mentioned in the said condition.
4. A separate sealed Envelope 'B' duly super scribed containing in the form as Bid Security
the full value of which is to be absolutely forfeited to the APCRDA without prejudice to
any other rights or remedies of the APCRDA should I/We fail to deposit the balance
amount of premium and tax as applicable, if any, within 45 (Forty Five) days of the of

99
issue of Notice of Acceptance or to execute the Agreement within the time specified in
the tender document notice.

Signature of the Authorized

Signature of Witness Signatory

Dated - / /20XX Dated - / /20XX

Name:

Address of the Witness

Occupation of the Witness

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PART 3 – CONTRACT AGREEMENTS

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13 AGREEMENT TO LEASE

Will be uploaded separately on the e-Tendering Portal.

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