Development and Maintenance of Land to be created in Offshore of Vadhvan Coast by Dredging, Reclamation and Construction of Offshore Protection Bund for Vadhvan Port on PPP to be executed on Hybrid Annuity Mode

The Chairman and Managing Director Vadhvan Port Project Limited 15th Floor, Express Towers, Nariman Point, Mumbai, Maharashtra 400 021 Sub: BID for Development and Maintenance of Land to be created in Offshore of Vadhvan Coast by Dredging, Reclamation & Construction of Offshore Protection Bund for Vadhvan Port on PPP to be executed on Hybrid Annuity Mode.

Dear Sir, 1. With reference to your RFP document dated 14th August 2025, I/we, having examined the RFP, Draft Concession Agreement and its Schedules and understood their contents, hereby submit my/our Bid for the aforesaid Project. The Bid is unconditional and unqualified. 2. I/ We acknowledge that the Authority will be relying on the information provided in the Bid and the documents accompanying the Bid for selection of the Concessionaire for the aforesaid Project, and we certify that all information provided in the Bid are true and correct; nothing has been omitted which renders such information misleading; and all documents accompanying the Bid are true copies of their respective originals. 3. The Bid has been quoted by me/us after taking into consideration all the terms and conditions stated in the RFP, Draft Concession Agreement and its Schedules, our own estimates of costs and after a careful assessment of the site and all own the conditions that may affect the Project cost and implementation of the Project. 4. I/ We acknowledge the right of the Authority to reject our Bid without assigning any reason or otherwise and hereby waive, to the fullest extent permitted by applicable law, our right to challenge the same on any account whatsoever. 5. In the event of my/ our being declared as the Selected Bidder, I/we agree to enter into a Concession Agreement in accordance with the draft that has been provided to me/us prior to the Bid Due Date. We agree not to seek any changes in the aforesaid draft and agree to abide by the same. 6. I/ We shall keep this offer valid for 180 (one hundred and eighty) days from the Bid Due Date specified in the RFP.

I/ We hereby submit our Bid consisting of Bid Project Cost of excluding GST for undertaking the aforesaid Project in accordance with the Bidding Documents and the Concession Agreement.