Request for Qualification cum Request for Proposal for Development of a Commercial Office Tech Park on Design, Build, Finance, Operate, and Transfer (DBFOT) Basis under Public Private Partnership (PPP) Model (Call-2)

Technical Capacity - The Bidder must demonstrate a proven history of successfully executing real estate projects. To satisfy this requirement, the Bidder must have completed Eligible Projects, cumulatively totaling a minimum of 3,50,000 square feet, within the five (5) financial years immediately preceding the Bid Due Date. For the purposes of this requirement, the final financial year considered for eligibility shall be Fiscal Year 2024-2025. Furthermore, at least one (1) of these Eligible Projects shall have a minimum size of 1,75,000 square feet (2.2.2 A (i))

Technical Capacity The Bidder shall demonstrate financial capacity and project revenue generation within the five (5) financial years immediately preceding the Bid Due Date, with Fiscal Year 2024-2025 being the final year considered for eligibility. The Bidder shall provide documentary evidence, duly certified by statutory auditors with UDIN (Unique Document Identification Number), establishing that a) the aggregate amount of expenditure incurred towards execution, b) payment received, and / or c) revenue earned (whether from its client(s) and/or self-owned project(s)) in relation to the construction, development, maintenance, and/or operations of the eligible projects, is at least INR 2,70,00,00,000 (Rupees Two Hundred and Seventy Crores Only). The documentary evidence shall further prove that at least one (1) eligible project within such period is not less than INR 67,50,00,000 (Rupees Sixty-Seven Crores and Fifty Lakhs only) (2.2.2 (A) (ii))

Technical Capacity To demonstrate relevant experience in leasing or sales, the Bidder must submit documented proof of having successfully leased or sold a minimum of 175,000 square feet of Super Built Up or saleable area from a single Eligible Project within the five (5) financial years immediately preceding the Bid Due Date. For this purpose, the final financial year considered shall be Fiscal Year 2024 2025.Acceptable documentation shall include auditor certified copies (with UDIN) of executed lease agreements. Multiple lease agreements pertaining to the same space shall not be considered. Similarly, in the case of sale transactions, multiple sale agreements for the same unit or space shall not be accepted

The Bidder shall be an entity registered in India and may be a single entity, incorporated as a Company, or a group of entities (the Consortium), coming together to implement the Project. However, no Bidder applying individually or as a member of a Consortium, as the case may be, can be member of another Bidder. The term Bidder used herein would apply to both a single entity and a Consortium (2.2.1 (a))

A Bidder may be a private entity acting individually or intending to form a Consortium through a formal agreement or an existing arrangement. In the case of a Consortium, eligibility shall be subject to the conditions specified under Clause 2.2.5 of this RFQ-CUM-RFP. (2.2.1 (b))

The Bidder (each member in case of consortium) shall have been in continuous existence and operation for a minimum period of five (5) years preceding the Bid Due Date. (2.2.1 (f))

The Bidder (Letterhead of the Bidder / Letterhead of Lead Member in case of a Consortium) should submit as per the format at Appendix I and complete with its annexures (Annex I, II, III, IV and V)

The Bidder should submit a Power of Attorney, duly signed and notarized, as per the format at Appendix II, authorizing the signatory of the Bid to commit the Bidder. In case of the Consortium, the members should submit a Power of Attorney in favour of the Lead Member as per the format at Appendix III (2.2.4)

If the Bidder is a Consortium, members of the Consortium shall enter into a binding Joint Bidding Agreement, substantially in the form specified at Appendix IV for the purpose of submitting the Bid

The Bidder must be registered with the appropriate authorities under the Income Tax Act and the Goods and Services Tax (GST) regime. The Bidder shall be in compliance with all applicable tax laws and regulations, including but not limited to the submission of Income Tax Returns for the last three (3) financial years and the latest GST return as on the date of bid submission.(2.2.1 (e))

Bidders/ each Consortium members duly audited balance sheet and profit and loss account with UDIN for the preceding 5 (five) financial years (2.14.1 (vi))

Financial Capacity - The Bidder (including its Associates) shall demonstrate a minimum Net Worth ("Financial Capacity") of INR 33,75,00,000 (Indian Rupees Thirty-Three Crore Seventy-Five Lakh Only) in at least two (2) of the three (3) financial years immediately preceding the Bid Due Date. In the case of a Consortium, only the combined technical capacity and Net Worth of those Consortium Members holding an equity share of 26% or more shall be considered for evaluation. The Members, whose Net Worth is accounted for in the qualification, shall not reduce their equity stake below 26% in the Consortium for Min. Each such Member of the Consortium shall make a minimum investment of not less than 5% of the total project cost in the Project. For the purposes of this RFQ-cum-RFP, in case the Bidder is a company, Net Cash Accruals shall mean Profit after Tax + Depreciation. 2.2.2 (B)

All Self-Declarations pertaining to the qualification criteria stipulated in Clauses 2.2.1 and 2.2.2 shall be submitted in the form of a sworn affidavit on a Rs. 100 stamp paper and should be notarized. (2.2.1 (explanation) (2))

A copy of the draft Letter of Award and draft Concession Agreement with each page initialled by the person signing the Bid in pursuance of the Power of Attorney (2.14.1 (a) (viii))

The Bidder (each Bidder in case of Consortium) should duly sign, seal and upload Appendix VI Certificates regarding Restrictions on Procurement from certain Countries

Any other requirements as specified in the RFP document and/or Corrigendum