The document provides suggestions on various clauses in a Railway Observations on DBFOT MCA Document. Key points include:
1) Parcel and luggage handling should be part of the concessionaire's obligations.
2) Maintenance of the VIP lounge should be given to the concessionaire.
3) The clause linking upfront premium to total project cost should be removed as premium is not a bidding criteria.
4) There is an error in clauses around termination payments and it should be corrected.
5) The interest rate on advances to contractors should be in line with recent Railway Board guidelines.
6) The limit on premium amount should be removed as premium is only a bidding parameter.
The document provides suggestions on various clauses in a Railway Observations on DBFOT MCA Document. Key points include:
1) Parcel and luggage handling should be part of the concessionaire's obligations.
2) Maintenance of the VIP lounge should be given to the concessionaire.
3) The clause linking upfront premium to total project cost should be removed as premium is not a bidding criteria.
4) There is an error in clauses around termination payments and it should be corrected.
5) The interest rate on advances to contractors should be in line with recent Railway Board guidelines.
6) The limit on premium amount should be removed as premium is only a bidding parameter.
The document provides suggestions on various clauses in a Railway Observations on DBFOT MCA Document. Key points include:
1) Parcel and luggage handling should be part of the concessionaire's obligations.
2) Maintenance of the VIP lounge should be given to the concessionaire.
3) The clause linking upfront premium to total project cost should be removed as premium is not a bidding criteria.
4) There is an error in clauses around termination payments and it should be corrected.
5) The interest rate on advances to contractors should be in line with recent Railway Board guidelines.
6) The limit on premium amount should be removed as premium is only a bidding parameter.
1 Page-63, ticketing, [parcel and] Parcel and luggage handling “Operation & luggage handling, train are revenue sources for the Maintenance”, enquiries and public concessionaire and should be Clause 18.1.4 (c) announcements part of the obligation of the concessionaire only. 2 Page-76, VIP lounge is under the The obligation and “Operation of the “Reserved Area” which is maintenance of the VIP Station Building”, to be controlled by the lounge should be given to the Clause 20.5.1 Government Concessionaire 3 Page-101, “Grant”, As part of competitive As upfront premium is not a Clause 30.5, bidding, subject to the criterion for the bidding Footnote £££ bidder offering a Premium process, it should be removed equal to 10% (ten per cent) as a clause of the Total Project Cost specified in Clause 31.2, such bidder may also offer an upfront Premium (see Clauses 31.2 and 31.4, and their respective footnotes) 4 Page-133 & 134, For both the cases - There will be correction in “Termination Termination on account of clause 42.3.2. The clause to be Payment”, Clause a Concessionaire Default read as 42.3.1 and 42.3.2 and Termination on “Upon Termination on account of a Government account of a Government Default – it is written that Default, the Concessionaire the Government shall pay shall pay to the Government” the Concessionaire 5 Clause 12.12.7 The Concessionaire may, Rate of Interest on ‘Advance for and in respect of to Contractors’ shall be in line Funded Works, require the with Railway Board Letter No Government to provide a 2018/CE-I/CT/I dated mobilisation advance by 10.03.2022. way of loan (the “Mobilisation Advance”) which shall carry interest at the Bank Rate notified by the Reserve Bank of India from time to time and calculated at annual rests. 6 Clause 31.2 The successful bidder Why Limit on Premium as Foot Note would be free to Premium is only the bidding offer a Premium not parameter? exceeding an amount equal to 10% (ten per cent) of the Total Project Cost i.e. Rs.____