Hyderabad Metro Rail Limited

Schedule -2: Form of Agreement
Consultant shall provide the Deliverables specified therein in conformity with
the time schedule stated therein.
3.1.3 Applicable Laws
The Consultant shall perform the Services in accordance with the Applicable
Laws and shall take all practicable steps to ensure that any Sub-Consultant, as
well as the Personnel and agents of the Consultant and any Sub-Consultant,
comply with the Applicable Laws.
3.2 Conflict of Interest
3.2.1 The Consultant shall not have a Conflict of Interest and any breach hereof
shall constitute a breach of the Agreement.
3.2.2 Consultant and Affiliates not to be otherwise interested in the Project
The Consultant agrees that, during the term of this Agreement and after its
termination, the Consultant or any Associate thereof, as well as any Sub-
Consultant and any entity affiliated with such Sub-Consultant, shall be
disqualified from providing goods, works, services, loans or equity for any
project resulting from or closely related to the Services and any breach of this
obligation shall amount to a Conflict of Interest; provided that the restriction
herein shall not apply after a period of five years from the completion of this
assignment or to consulting assignments granted by banks/ lenders at any time;
provided further that this restriction shall not apply to consultancy/ advisory
services provided to the Authority in continuation of this Consultancy or to
any subsequent consultancy/ advisory services provided to the Authority in
accordance with the rules of the Authority. For the avoidance of doubt, an
entity affiliated with the Consultant shall include a partner in the firm of the
Consultant or a person who holds more than 5% (five per cent) of the
subscribed and paid up share capital of the Consultant, as the case may be, and
any Associate thereof.
3.2.3 Prohibition of conflicting activities
Neither the Consultant nor its Sub-consultant nor the Personnel of either of
them shall engage, either directly or indirectly, in any of the following
activities:
(a)
(b)
(c)
during the term of this Agreement, any business or professional
activities which would conflict with the activities assigned to them
under this Agreement;
after the termination of this Agreement, such other activities as may be
specified in the Agreement; or
at any time, such other activities as have been specified in the RFP as
Conflict of Interest.
3.2.4 Consultant not to benefit from commissions, discounts, etc.
RFP for Financial Consultant: Hyderabad Metro Rail (MRTS) Project 61