Request for Proposal for Appointment of Arrangers for ... - GAIL

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F. Evaluation Methodology For First Stage Bidding Process 1. The bidder shall meet the BEC in total so as to be eligible for the opening of their price bids. Evaluation would be based on the concept of least cost. 2. Bidder must give their complete and un-conditional consent to the scope of work / deliverable and not take any deviation what so ever. Any unacceptable deviation to the above may lead to the rejection of the bid. 3. The L-1 bidder / bank based on the lowest fees quoted and meeting the evaluation criteria would be given the mandate, for acting as an Arranger for GAIL for the complete scope of work of this proposal. 4. However, in case of a situation where more than one bank quotes the same fees for arranging the US Exim guarantee then the mandate would be given to the bank that has a higher ranking in the Dealogic Table relating to Global ECA backed trade finance loan excluding aircraft and shipping finance. The latest data available for the full calendar year would be considered. For Second Stage Bidding Process 1. In the second stage a fresh bid would be called wherein the bank would be requested to submit the bid for the cost of funding based on an indicative term sheet. 2. The bidder(s) who participated in the first stage bidding process and were short listed in terms of the BEC for price bid opening would only be eligible to participate individually or as consortium in the second stage bidding for quoting the price / cost of funding based on the indicative term sheet. 3. The bids in the second stage would be evaluated and price bids would be opened for the bidders complying with the terms of the indicative term sheet in total. 4. In case the L-1 bank for providing the fund is the same as the bank which arranged the ECA Guarantee, the entire mandate for raising the funds would be given to the same bank. 5. However, in case the L-1 bank for providing the funds is not the same as the bank which arranged the ECA Guarantee, the mandated Arranger bank who have arranged the ECA guarantee would be given an option to match the L-1 rates. In case the Arranger matches the L-1 rate, it would be given a 50% share in the
mandate for funding. However, in case the Arranger bank does not match the L-1 rate then the entire mandate for 100% funding would be given to the L-1 bank. 6. The detailed methodology for evaluation of the bids under second stage would be specified in the second stage bid document.
Page 1 and 2: Request for Proposal for Appointmen
Page 3 and 4: to Sangarur • New Pipeline of 30
Page 5 and 6: 1 st Stage bidding In the first sta
Page 7 and 8: 7. GAIL also reserves the right to
Page 9: Documentary Proof The bidder should
Page 13 and 14: H. Time Period The time period for
Page 15 and 16: DRAFT CONFIDENTIALITY AGREEMENT Thi
Page 17 and 18: Party and who are informed by Recip

Request for Proposal for Appointment of Arrangers for ... - GAIL

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