Request for Proposal for Appointment of Arrangers for ... - GAIL
Request for Proposal for Appointment of Arrangers for ... - GAIL
Request for Proposal for Appointment of Arrangers for ... - GAIL
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D. Scope & Deliverables <strong>of</strong> the Arranger / Lender<br />
1. The scope <strong>of</strong> the banks / financial institution as Arranger shall be to obtain<br />
guarantee from Export Credit Rating Agency (ECA) <strong>of</strong> USA i.e. US Exim or any<br />
other ECA, if required and available, <strong>for</strong> arranging payment <strong>for</strong> the supply <strong>of</strong> GT<br />
Driven Centrifugal Compressor Packages.<br />
2. The mandated bank shall be responsible <strong>for</strong> entire coordination and assistance<br />
required in the process <strong>of</strong> due diligence including assistance in preparation <strong>of</strong><br />
business plans, projected future cash flows and submission <strong>of</strong> necessary<br />
in<strong>for</strong>mation, details etc. and finally obtaining the ECA guarantee <strong>for</strong> maximum<br />
eligible amount under the Purchase Order to Rolls Royce.<br />
3. The mandated arranger would also assist in the preparation <strong>of</strong> the indicative term<br />
sheet based on which the bids would be invited from the prospective banks <strong>for</strong><br />
obtaining funding.<br />
E. Technical & Financial Bid Evaluation Criteria (BEC)<br />
1. The bidder should have provided <strong>for</strong>eign currency loan <strong>of</strong> at least US$ 50 million<br />
in a single transaction (excluding aircraft and shipping) based on a guarantee<br />
provided by any ECA to an Indian Company in any one <strong>of</strong> the past 3 financial<br />
years (2005-06 to 2007-08).<br />
2. Further, the bidder should have arranged US Exim guarantee and provided <strong>for</strong>eign<br />
currency loan <strong>of</strong> at least US$ 50 million in a single transaction (excluding aircraft<br />
and shipping) based on a guarantee provided by an US Exim to any company in or<br />
outside India in any one <strong>of</strong> the past 3 financial years (2005-06 to 2007-08).<br />
3. The bidder should be a scheduled commercial bank having operations in India with<br />
an Indian <strong>of</strong>fice duly approved by RBI.<br />
4. The bidder / bank should have a latest international rating <strong>of</strong> minimum “A” or<br />
equivalent <strong>for</strong> any one <strong>of</strong> the international rating agencies viz. S&P, Moody’s &<br />
Fitch.<br />
5. Bidder must have a global turnover (i.e. the interest and fee income) <strong>of</strong> at least US$<br />
132 million in any one <strong>of</strong> the past 3 financial years i.e. (2005-06 to 2007-08).
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