Guidelines for determination of tariff & SBD for ... - Ministry of Power

4.7 Format of Undertaking
(A) Bidder’s Undertaking
Standard RFP for ….[Insert ‘medium’ or ‘long’, as applicable] term power procurement under Case - 1
[On the Letter Head of the Bidding Company/Lead Member of Bidding Consortium]
To,
………………..
…………………
……………………..
[Insert Name and address of the Procurer /Authorized Representative]
Dear Sir,
Sub: Bidders’ Undertakings for Bid for supply of power to Procurer(s) in
response to the RFP dated ……………. [Insert date]
1. We give our unconditional acceptance to the RFP and RFP Documents issued
by Procurer/Authorized Representative as a part of the RFP dated ….. [Insert date], and
as amended. We shall ensure that the Seller shall execute such RFP Documents as per
the provisions of the RFP.
2. We have submitted our Financial Bid(s) strictly as per Format 4.10 of the RFP, without
any deviations, conditions and without mentioning any assumptions or notes for the
Financial Bid in the said format.
3. We have submitted the Bid on the terms and conditions contained in the RFP.
4. Our Bid (including Financial Bid) is valid up to the period required under Clause 2.9 of
the RFP.
5. Our Bid (including Financial Bid) has been duly signed by authorised signatory and
closed in the manner and to the extent indicated in the RFP and the Power of Attorney/
Board Resolution as per Clause 2.4.1.1 in requisite format as per RFP has been
enclosed in original with this undertaking.
6. (Insert in case the Bidder is not a Trading Licensee) “We undertake that we shall not
submit any bid, on the basis of the same generation source and quantum of power from
such source as mentioned in our Bid, in any other bid process till the time of selection
of Successful Bidder and issue of LOI or the termination of the process, which ever is
earlier, subject to a maximum of period of one hundred and twenty (120) days from the
Bid Deadline.”
(Insert in case the Bidder is a Trading Licensee) “We undertake that we shall not
submit any bid, on the basis of power purchase agreement submitted along with our Bid
for the same quantum of power and generation source specified therein, for any other
bid process till the selection of the Successful Bidder(s) and issue of LOI, or till the
………..[Insert name of Procurer / Authorized Representative ] Page 90