Revised RFP for Lease Cum Development of Tourism Properties ...

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Development of Tourism Properties, Uttar Pradesh 4.4.2 The Authority may, in its sole discretion, extend the Bid Due Date by issuing an Addendum in accordance with Clause 3.9 uniformly for all Bidders. 4.5 Late Bids 4.5.1 Bids received by the Authority after the specified time on the Bid Due Date shall not be eligible for consideration and shall be summarily rejected. 4.6 Modifications/ Substitution/ Withdrawal of Bids 4.6.1 No Bid shall be modified, substituted or withdrawn by the Bidder after its submission. 4.6.2 Any alteration/ modification in the Bid or additional information supplied subsequent to submission of Bid to the Authority shall be disregarded. 4.7 Rejection of Bids 4.7.1 The Authority reserves the right to accept or reject all or any of the Bids without assigning any reason whatsoever. It is not obligatory for the Authority to accept any Bid or to give any reasons for their decision. 4.7.2 The Authority reserves the right not to proceed with the Bidding Process at any time, without notice or liability, and to reject any Bid without assigning any reasons. 4.8 Validity of Bids 4.8.1 The Bids shall be valid for a period of not less than 180 (one hundred and eighty) days from the Bid Due Date. The validity of Bids may be extended subject to the maximum period of 240 days by mutual consent of the respective Bidders and the Authority. 4.9 Confidentiality 4.9.1 Information relating to the examination, clarification, evaluation and recommendation for the Bidders shall not be disclosed to any person who is not officially concerned with the process or is not a retained professional Advisor advising the Authority in relation to or matters arising out of, or concerning the Bidding Process. The Authority will treat all information, submitted as part of the Bid, in confidence and will require all those who have access to such material to treat the same in confidence. The Authority may not divulge any such information unless it is directed to do so by any statutory entity that has the power under law to require its disclosure or is to enforce or assert any right or privilege of the statutory entity and/ or the Authority. 4.10 Correspondence with the Bidder 4.10.1 The Authority shall not entertain any correspondence with any Bidder in relation to acceptance or rejection of any Bid. Request for Proposal 18
Development of Tourism Properties, Uttar Pradesh 5 BID SECURITY 5.1 Bid Security 5.1.1 The Bidder shall furnish as part of its Bid, a Bid Security referred to in Clause 2.2.5 hereinabove in the form of an irrevocable and unconditional bank guarantee issued by a Nationalised Bank or a Scheduled Bank in India, in favour of the Authority in the format at as mentioned in Clause 4.3.2 (the “Bank Guarantee”). In case the Bank Guarantee is issued by a foreign bank outside India, confirmation of the same by any nationalised bank in India is required. For the avoidance of doubt, Scheduled Bank shall mean a bank as defined under Section 2(e) of the Reserve Bank of India Act, 1934. 5.1.2 Bid Security can also be in the form of a demand draft issued by a Scheduled Bank in India, drawn in favour of Director General, Department of Tourism, GoUP and payable at Lucknow (the “Demand Draft”). The Authority shall not be liable to pay any interest on the Bid Security deposit so made and the same shall be interest free. 5.1.3 The value of the Bid Security shall be as prescribed in the Annexure-2. In case, a Bidder is bidding for more than one Unit or bidding for a Cluster or for all the 68 Units, as the case may be, then the total value of Bid Security shall be equal to the sum of Bid Securities required for all the individual Units bidded for as prescribed in Annexure-2. 5.1.4 If the Bid Security is submitted in the form of a single demand draft and the amount is less than the total amount required as explained in Clause 5.1.3, the Authority shall consider bids for only that number of Projects, for which Bid Security is adequate for the Projects, in order of preference submitted by the Bidder as per Annexure A1. 5.1.5 Any Bid not accompanied by the Bid Security shall be rejected by the Authority as non- responsive. 5.1.6 Save as provided in Clause 2.2.5, the Bid Security of unsuccessful Bidders will be refundable, without any interest, not later than 60 days from the Bid Due Date except in the case of the Selected Bidder. 5.1.7 The Selected Bidder‟s Bid Security will be returned, without any interest, upon the Bidder signing the Agreement and furnishing the Performance Security in accordance with the provisions thereof. 5.1.8 The Authority shall be entitled to forfeit, invoke and appropriate the Bid Security in any of the events specified in Clause 5.1.9 herein below. The Bidder, by submitting its Bid pursuant to this RFP, shall be deemed to have acknowledged and confirmed that the Authority will suffer loss and damage on account of withdrawal of its Bid or for any other default by the Bidder during the Bid validity period. No relaxation of any kind on Bid Security shall be given to any Bidder. Request for Proposal 19
Page 1 and 2: DEPARTMENT OF TOURISM GOVERNMENT OF
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Page 41 and 42: Annexure-1 List of Clusters/Units D
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Revised RFP for Lease Cum Development of Tourism Properties ...

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