Guidelines for determination of tariff & SBD for ... - Ministry of Power
Guidelines for determination of tariff & SBD for ... - Ministry of Power
Guidelines for determination of tariff & SBD for ... - Ministry of Power
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Standard RFP <strong>for</strong> ….[Insert ‘medium’ or ‘long’, as applicable] term power procurement under Case - 1<br />
mail only upon receipt <strong>of</strong> written request and payment <strong>of</strong> the above mentioned fee from<br />
such Bidder. The Procurer/ Authorized Representative shall, under no circumstances,<br />
be held responsible <strong>for</strong> late delivery or loss <strong>of</strong> documents so mailed. The RFP and RFP<br />
Documents can also be downloaded from …………... [Insert name <strong>of</strong> the website].<br />
However, in such case the Bidder can submit the Bid only on submission <strong>of</strong> a non<br />
refundable fee <strong>of</strong> Rs………. /- (Rupees ……….. only) or ………….US Dollars (US<br />
Dollars ………. Only) as mentioned above separately along with the Bid.<br />
2.12 Bid Bond<br />
2.12.1 Each Bidder shall submit the Bid accompanied by Bid Bond, as per Format 4.9 issued<br />
by any <strong>of</strong> the Banks listed in Format 5.8. In the case <strong>of</strong> a Consortium, the Lead Member<br />
shall furnish the Bid Bond as stipulated in the RFP, on behalf <strong>of</strong> the Consortium<br />
Members as per the Consortium Agreement. In case the Bidder is <strong>of</strong>fering capacity<br />
from more than one generation source, the Bid Bond shall be submitted separately <strong>for</strong><br />
each capacity. The Bid Bond shall be valid <strong>for</strong> a period <strong>of</strong> thirty (30) days beyond the<br />
validity <strong>of</strong> the Bid.<br />
2.12.2 The Bid Bond, may be invoked by the Procurer/ Authorized Representative or its<br />
authorized representative, without any notice, demure, or any other legal process upon<br />
occurrence <strong>of</strong> any <strong>of</strong> the following:<br />
[Insert in case the Successful Bidder is a Bidding Company choosing to<br />
incorporate a Project Company and in case <strong>of</strong> a Bidding Consortium: “Failure to<br />
incorporate the Project Company as a legal entity within fifteen(15) days <strong>of</strong> issue<br />
<strong>of</strong> Letter <strong>of</strong> Intent, or,”]<br />
Failure to furnish the Contract Per<strong>for</strong>mance Guarantee as per Clause 2.13; or<br />
Failure to execute the RFP Documents subject to the provisions <strong>of</strong> Clause 2.2.11;<br />
or<br />
Bidder submitting any wrong in<strong>for</strong>mation or making any misrepresentation in Bid<br />
as mentioned in Clause 2.5.<br />
2.12.3 The Bid Bonds <strong>of</strong> all Bidders, whose Bids are declared non-responsive, shall be<br />
returned and released by the Procurer/ Authorized Representative within thirty (30)<br />
days after the date on which the Financial Bids are opened.<br />
2.12.4 The Bid Bonds <strong>of</strong> all unsuccessful Bidders shall be returned and released by the<br />
Procurer/ Authorized Representative within a period <strong>of</strong> thirty (30) days <strong>of</strong> the<br />
occurrence <strong>of</strong> the earlier <strong>of</strong> the following:<br />
a) submission <strong>of</strong> the Contract Per<strong>for</strong>mance Guarantee as per Clause 2.13 <strong>of</strong> the RFP<br />
and the execution <strong>of</strong> the RFP Documents (as applicable) by the Successful<br />
Bidder(s); or<br />
b) Expiry <strong>of</strong> the Bid Validity/extended validity <strong>of</strong> Bid <strong>of</strong> unsuccessful Bidders; or<br />
2.12.5 The Bid Bonds <strong>of</strong> all Bidders shall be returned and released by the Procurer/<br />
Authorized Representative within a period <strong>of</strong> thirty (30) days <strong>of</strong> the occurrence <strong>of</strong> the<br />
termination/cancellation <strong>of</strong> Bid process by the Procurer/Authorised Representative.<br />
………..[Insert name <strong>of</strong> Procurer / Authorized Representative ] Page 45