Corrigendum and Addendum of Request for Proposal for for Selection Of Transaction Advisor For Providing Advisory Services For Selection Of Private Sector Entity And Facilitating Viability Gap Funding For Financing , Constructing, Operating & Maintaining And Transfer Of Students Infrastructure And Residences On Build - Operate - Transfer (Bot) Basis At IIT Ropar On PPP Model

भारतीय प्रौद्योगिकी संस्थान रोपड़ INDIAN INSTITUTE OF TECHNOLOGY ROPAR रूपनिर, पंजाब-140001/ Rupnagar, Punjab-140001 Ph. 01881-231101, e-mail: registrar@iitrpr.ac.in ____________________________________________________________________________________________________________ RFP/Addendum-Corrigendum/2023/ 1580 Dated 22/12/2023 This Addendum and Corrigendum is issued to all DEA empanelled Transaction Advisors in continuation to the RFP No. : IITRPR/RFP/23/285, Dated - 08/12/2023 A. CORRIGENDUM Sr. Existing To be read as No 1. Page No. 2 Page No. 2 SCHEDULE SCHEDULE Document Download/ Sale End Date Document Download/ Sale End Date 29/12/2023 (11:00 Hrs) 12/01/2024 (17:00 Hrs) Last Date and Time for uploading of Bids Last Date and Time for uploading of Bids 29/12/2023 (11:00 Hrs) 12/01/2024 (17:00 Hrs) Date and Time of Opening of Technical Bids Date and Time of Opening of Technical Bids 29/12/2023 (11:05 Hrs) 12/01/2024 (17:05 Hrs) Processing charges Processing charges This is Mandatory that UTR Number is provided in the UTR Number is to be provided in the checklist. on-line quotation/bid. (Kindly refer to the UTR Column of the Declaration sheet at Annexure – II) 2. Page No. 14 - 15 Page No. 14 - 15 Clause 5.2, 5.5 Clause 5.2, 5.5 Evaluation of technical and financial proposal Evaluation of technical and financial proposal (QCBS) The entire evaluation of the Technical and (QCBS) The entire evaluation of the Technical and Financial Proposals shall be undertaken by broadly Financial Proposals shall be undertaken by broadly following the Quality and Cost Based System (QCBS) following the Quality and Cost Based System (QCBS) For the bidders qualifying the eligibility criteria, For the bidders qualifying the eligibility criteria, the Technical Score (TS) will consist of the marks the Technical Score (TS) will consist of the marks allotted to following two components: allotted to following two components: • Technical Presentation – Consisting of • Technical Presentation – Consisting of credentials, approach and methodology credentials, approach and methodology • Team Personnel / Key Personnel – Marks • Team Personnel / Key Personnel – Marks allocated to individual CV’s with additional allocated to individual CV’s with additional Weightage for personnel(s) having experience of Weightage for personnel(s) having experience of project which have received in principle approval project which have received in principle approval for funding under VGF Scheme of DEA, GoI for funding under VGF Scheme of DEA, GoI under sub scheme 1\2 notified in December 2020 since 2005. 3. Page No. 15,16 Page No. 15,16 Clause 5.4 Eligibility for key Personnel Clause 5.4 Eligibility for key Personnel Team Leader: MBA or higher degree in Management Team Leader: MBA / PGDM / PGDB / CA Page 1 of 5with minimum 12 years of experience in designing (Chartered Accountant) / CFA / BE (Civil) / B.Arch PPP Projects preferably which have got/ have been with minimum 12 years of experience in which he/ given in principle VGF approval. she should have worked on atleast 5 PPP Projects preferably which have got/ have been given in principle VGF approval. Finance expert: MBA / CA / CFA or equivalent Finance expert: MBA / PGDM / PGDB / CA / CFA with minimum 8 years of experience on PPP or equivalent with minimum 8 years of experience projects preferably with VGF. in which he/she should have worked on atleast 3 PPP preferably with VGF. Infrastructure Expert: Civil Engineer with minimum Infrastructure Expert: Civil Engineer with minimum 8 years of experience on PPP Projects and 8 years of experience in which he/she should have Infrastructure projects as per IS 18299:2023 worked on 5 infrastructure projects. Contract Expert: Bachelor in Law / Masters in Law Contract Expert: Bachelor in Law / Masters in Law with minimum 10 years of experience on PPP projects. with minimum 10 years of experience in which he/ she should have provided services for atleast 3 PPP projects. or Sub-consultancy for contract expert/ legal service provider is permitted in which he/ they should have provided services for atleast 3 PPP Projects. However even in such case the prime responsibility of the contract expert/ legal service provider will be of the Transaction Advisor. Taxation Expert: The Applicant shall offer and make available taxation expert as and when required. 4. Page No. 17 Page No. 17 Clause 6: Eligibility Criteria For Clause 6: Eligibility Criteria For Submission of Submission of RFP RFP The Applicant must have successfully completed The Applicant must have successfully completed minimum 5 (five) assignments in PPP Transaction minimum 3 (three) assignments having a in PPP Advisory for any Central / State Government Projects Transaction Advisory for any Central / State in the sectors like real estate, housing, industrial Park / Government Projects in the sectors like real estate, Industrial Estates, water supply & sanitation housing, industrial Park / Industrial Estates, water (sewerage, drainage & solid waste), Social supply & sanitation (sewerage, drainage & solid Infrastructure sectors including Health, Education, waste), Social Infrastructure sectors including Health, Tourism and Skill Development during the last seven Education, Tourism and Skill Development having an (7) years having an estimated cost above Rs. 360/- estimated cost above Rs.180 crore during the last crore each. seven (7) years. Page 2 of 55. Page No. 19 Page No. 19 Brief scope of work and payment schedule Brief scope of work and payment schedule Sr. Stage/Milestone Tentative time Stage Sr. Stage/Milestone Tentative time Stage No. schedule for payment No. schedule for payment completion of schedule completion of schedule the % age of the % age of Stage/Milesto quoted cost Stage/Milesto quoted cost ne including ne including GST GST 1 Issue of Work T --- 1 Issue of Work T --- Order to Successful Order to Successful TA TA A1 Inception Report A1 Inception Report covering scope of covering scope of work, work, methodology, data methodology, data requirements requirements A2 Site Assessment A2 Site Assessment Report, Preliminary Report, Preliminary Sketch Plans, Sketch Plans, Concept Plans Concept Plans A3 Draft Feasibility A3 Draft Feasibility Report covering Report covering technical due technical due diligence, PPP diligence, PPP structuring options, structuring options, financial viability financial viability A4 Final Feasibility A4 Final Feasibility Report with Report with recommendation of recommendation of PPP structure PPP structure Completion of T+ 4 30% Completion of T+ 8 30% Stage A Stage A B Facilitating VGF T + 8 B Facilitating VGF T + 12 proposal proposal On receiving in 20% On receiving in 20% principle approval principle approval of VGF of VGF C BID PROCESS C BID PROCESS MANAGEMENT MANAGEMENT C1 Preparation & T + 10 C1 Preparation & T + 16 submission of Draft submission of Draft Bid Documents Bid Documents (RFQ cum RFP, (RFQ cum RFP, Concession Concession Agreement) Agreement) C2 Approval of Final T + 14 10% C2 Approval of Final T + 20 10% Bid Documents Bid Documents C3 Preparation of T + 16 C3 Preparation of T + 22 Project Information Project Information Memorandum, Memorandum, Assistance in pre Assistance in pre bid meetings, bid meetings, stakeholder stakeholder conferences, conferences, drafting replies to drafting replies to pre bid queries pre bid queries Page 3 of 5C4 Submission of T + 18 10% C4 Submission of T + 24 10% Technical Technical Evaluation Report Evaluation Report C5 Submission of T + 20 15% C5 Submission of T + 26 15% Financial Financial Evaluation Report Evaluation Report C6 Assistance in T + 22 15% C6 Assistance in T + 28 15% issuance of LoA to issuance of LoI to selected party and selected party and finalization of finalization of Concession Concession Agreement Agreement Total 22 week 100% Total 28 week 100% The activities involved in the process of selection of The activities involved in the process of selection of the Private Partner are expected to be overlapping and the Private Partner are expected to be overlapping and the entire process is expected to be completed in 22 the entire process is expected to be completed in 28 weeks from the date of issue of “Letter of Award” to weeks from the date of issue of “Letter of Intent the successful Transaction Adviser. However, the (LoI)” to the successful Transaction Adviser. above time schedule is tentative and shall be excluding However, the above time schedule is tentative and the time taken by the Institute in providing the shall be excluding the time taken by the Institute in requisite documents or in conveying its comments on providing the requisite documents or in conveying its the Draft Documents / Reports / Approvals comments on the Draft Documents / Reports / Approvals. 6. Page No. 21 Clause 12 Page No.21 Clause 12 SELECTION CRITERION IN CASE OF TIE IN SELECTION CRITERION IN CASE OF TIE IN HIGHEST COMBINED SCORE HIGHEST COMBINED SCORE In case of a tie, the Applicant who has completed more In case of a tie, the Applicant who has completed more number of similar assignments / works / contracts number of similar assignments / works / contracts which have received in principle funding/ funding which have received in principle funding/ funding under VGF Scheme of DEA, GoI under sub scheme under VGF Scheme of DEA, GoI since 2005. 1/2 notified in December 2020 will be selected. 7. Page No. 25 &26 Page 25 &26, Clause 16: Checklist for submission of RFP Clause 16: Checklist for submission of RFP 4 The applicant must 4 The applicant must Completion Completion have successfully have successfully Certificate as Certificate as completed minimum completed minimum 3 Supporting Supporting Documents 5 (five) assignment (three) assignment in Documents for for minimum in PPP Transaction PPP Transaction minimum 5 3 (three) Advisory for sectors Advisory for sectors (five) assignments like real estate, assignments like real estate, successfully housing, industrial successfully housing, industrial completed in Park/Industrial completed in Park/Industrial PPP Estates, water supply PPP Estates, water supply Transaction & sanitation waste), Transaction & sanitation waste), Advisory for Advisory for Social Infrastructure Social Infrastructure any any sectors including sectors including Central/State Central/State Health, Education, Health, Education, Government Government Project. Tourism and Skill Tourism and Skill Project. Development in last Development in last 7 Page 4 of 57 (seven) years (seven) years having having an estimated an estimated cost of cost of Rs. 360 Crore Rs. 180 Crore each. each. 9 As 9 prescribed in As prescribed Power of Attorney: Annexure 4 in Annexure 4 Board Power of Attorney: Resolution on authorized signatory is acceptable 8. Page No. 29 Page No. 29 Annexure 3, Sr. No. 4 Annexure 3, Sr. No. 4 Legal Status of the Bidder: Legal Status of the Bidder: a) A Proprietary Firm a) A Proprietary Firm b)A Partnership Firm b)A Partnership Firm c)A Limited Company c)A Limited Company d)A Consortium d) A Limited Liability Partnership firm. e)A Consortium B. ADDENDUM S.No. Clause To be read as 1. Clause 17, Sr. No. 11 The publication of transaction advisor for PPP Projects; manual for use of Draft Agreement panel by DEA, MoF, GoI, will be taken as reference for draft agreement and further provisioning. 2. Clause 16 Both the parties shall bear the cost of arbitration in equal proportion unless Arbitration Clause otherwise decided by the sole arbitrator. All other terms and conditions remains the same. The above condition supersedes any other conditions mentioned elsewhere in the RFP document. Registrar ***** Page 5 of 5