BKC Bid PDF

Tender Booklet No.
INTERNATIONAL FINANCE AND BUSINESS CENTRE

BANDRA -KURLA COMPLEX, MUMBAI
A PLOT FOR CONVENTION AND EXHIBITION CENTRE & COMMERCIAL COMPLEX

ON LEASE
MUMBAI METROPOLITAN REGION DEVELOPMENT AUTHORITY,

MMRDA OFFICE BUILDING, E-BLOCK, BANDRA-KURLA COMPLEX, MUMBAI - 400 051
Telephone No.: 2659 1236, 2659 4084

Fax No : 2659 1264
E-mail: mmrda@gias01.vsnl.net.in
MMRDA Convention & Exhibition Centre, Commercial Complex.

Request for Proposal
TABLE OF CONTENTS
1.
REQUEST FOR PROPOSAL ................................................................................................................ 4
BANDRA KURLA COMPLEX........................................................................................................................ 4

DETAILS OF RFP ......................................................................................................................................... 4
SALE OF BID DOCUMENTS ........................................................................................................................ 4
SUBMISSION OF BIDS ................................................................................................................................ 4
2.
DISCLAIMER ....................................................................................................................................... 5
3.
DEFINITIONS....................................................................................................................................... 6
4.
PROJECT LOCATION......................................................................................................................... 8
BACKGROUND............................................................................................................................................. 8
CONCEPT OF THE CONVENTION & EXHIBITION CENTRE (C&EC) ....................................................... 8
PARTICULARS OF LAND............................................................................................................................. 9
5.
CONVENTION & EXHIBITION CENTRE AREA SPECIFICATIONS ............................................... 10
CONVENTION AUDITORIUM..................................................................................................................... 10
EXHIBITION AREAS .......................................................................................................................................
AREA STATEMENT FOR THE C&EC CONTD. ......................................................................................... 11
PERMITTED VARIATIONS......................................................................................................................... 14
CONSTRUCTION REGULATIONS ............................................................................................................ 15
6.
COMMERCIAL CONSIDERATIONS................................................................................................. 17
TIME PERIODS........................................................................................................................................... 18
PROJECT STRUCTURE ............................................................................................................................ 18
7.
SUBMISSION AND EVALUATION OF BIDS.................................................................................... 19
SUBMISSION OF BIDS .............................................................................................................................. 19

INITIALLING OF THE BIDS ........................................................................................................................ 20
RESPONSIVENESS OF BID ...................................................................................................................... 20
EVALUATIONS OF BIDS............................................................................................................................ 21
STEP 1 (COVER 1) COMPLIANCE WITH MINIMUM ELIGIBILITY CRITERIA ...................................... 23
STEP 2 (COVER 2) FINANCIAL BID ....................................................................................................... 24
STEP 3 (COVER 3) - EVALUATION OF TECHNICAL AND BUSINESS PROPOSAL .............................. 25
TIME TABLE................................................................................................................................................ 26
8.
GENERAL INFORMATION TO THE BIDDER ................................................................................... 27
PRE-BID MEETING..................................................................................................................................... 27
SITE VISIT AND SURVEY .......................................................................................................................... 27
INSTRUCTIONS TO BIDDERS .................................................................................................................. 27
VALIDITY OF TERMS OF THE BID............................................................................................................ 30
FEES AND DEPOSITS TO BE PAID BY THE BIDDERS........................................................................... 30
EARNEST MONEY DEPOSIT: ................................................................................................................... 30
COMMENCEMENT GUARANTEE ............................................................................................................. 31
COMPLETION GUARANTEE ..................................................................................................................... 31

9.
EXHIBITS ........................................................................................................................................... 32
PRINCIPLES OF THE MEMORANDUM OF UNDERSTANDING TO BE EXECUTED BETWEEN THE

MEMBERS OF A CONSORTIUM (Exhibit-.1)............................................................................................. 32
FORMAT OF THE COVERING LETTER (Exhibit-2) ................................................................................. 33
FORMAT OF THE LETTER OF COMMITMENT (Exhibit-3)....................................................................... 35
FORMAT OF LETTER OF ACCEPTANCE (Exhibit-4) ............................................................................... 37
Description of the Bidding Company / Bidding Consortium (Exhibit-5)....................................................... 39
Cover 1: Format for Information Submission: Minimum Eligibility Criteria (Exhibit-6) ................................ 40
Cover 3 Format for BUSINESS PROPOSAL (Exhibit-7) ......................................................................... 42
FORM OF BID (Exhibit-8) ........................................................................................................................... 44
Location plan (Exhibit-9).............................................................................................................................. 48
Block plan (Exhibit-10) ........ .
49

MUMBAI METROPOLITAN REGION DEVELOPMENT AUTHORITY

(MMRDA)
Grant of Lease of Land for developing and operating a Convention &
Exhibition Centre , Commercial Complex at Bandra-Kurla Complex,
Mumbai, India
1.
REQUEST FOR PROPOSAL
BANDRA KURLA COMPLEX

1.1
Mumbai Metropolitan Region Development Authority (MMRDA) constituted under the

Mumbai Metropolitan Region Development Authority Act, 1974 has been developing
Bandra- Kurla Complex (BKC) as a Finance and Business District Centre at centrally
located place in Greater Mumbai. A large number of financial institutions and banks
such as UTI, ICICI, IL&FS, NABARD, NSE, BOB, BOI, CITI Bank, SBI, Dena Bank,
SEBI have already established their offices in BKC. Others like SIDBI, Punjab National
Bank and Canara Bank have committed to establish their offices in BKC. BKC is thus
emerging as a new business district of Mumbai. Considering the potential for
Convention and Exhibition Centre in such a business district, MMRDA has reserved a
plot of land of 7.5 ha. MMRDA now proposes to allocate a plot of land of 5.5 ha. for
such development of Convention & Exhibition Centre and also proposes to allocate
a plot of land of 2.00 ha for a Commercial Complex, thus totalling 7.5 ha. MMRDA
now invites bids for grant of lease of land for development, operation and Maintenance
of the Convention & Exhibition Centre and Commercial Complex in BKC as set out in
this Request for Proposal (RFP) for grant of lease of land.
DETAILS OF RFP
1.2
This Document is in two volumes:

Volume I: Request for Proposal (RFP)
Volume II: MMRDA (Disposal of Land) Regulations including the
Draft Lease Deed and Development Control Regulations for BKC.
SALE OF BID DOCUMENTS

1.3
The Bid Document will be available at a price of Rs.25,000/- (Rupees Twenty Five
Thousand only) non-refundable payable in Mumbai by a Demand Draft drawn in
favour of MMRD Fund, from the office of the
Lands Manager
4th Floor, MMRDA Building
Bandra Kurla Complex, Bandra (East) Mumbai 400 051
Telephone : 26594099, Fax : 26594178/26591264
Email : mmrda @ giasbm01.vsnl.net.in

SUBMISSION OF BIDS
1.4
The schedule of sale of RFP Documents and Submission of Bids is given below;
Sr.No
Activity
Date and Time
Sale of RFP Documents
21 November, 2005 to 22 December 2005
Pre Bid Conference
1.00 p.m., 21 December 2005
Last date of receipts of 12.00p.m., 22 December 2005

Bids
Opening of Bids
4.00p.m., 29 December 2005
Metropolitan Commissioner
Mumbai Metropolitan Region Development Authority
Bandra- Kurla Complex, Bandra (East)
Mumbai 400051

2.
2.1
DISCLAIMER
Though adequate care has been taken in the preparation of this Request for Proposal
Document, the Bidder should satisfy himself that the Document is complete in all
respects. Intimation of discrepancy, observed if any, should be given to the office
mentioned below immediately.
Metropolitan Commissioner
Mumbai Metropolitan Region Development Authority
Bandra-Kurla Complex, Bandra (East) Mumbai 400051
Fax No.: 00 91 22 26594178, 26591264.
If this office receives no intimation by the date, which is 7 days prior to pre-bid
conference, it shall be presumed that the Bidder is satisfied that this Request for
Proposal Document is complete in all respects.
2.2
Neither MMRDA, nor their employees make any representation or warranty as to the
accuracy, reliability or completeness of the information in this RFP nor is it possible for
MMRDA to consider the investment objectives, financial situation and particular needs
of each party who reads or uses this RFP. MMRDA recognises the fact that certain
prospective Bidders may have a better knowledge of the Project than others and thus
encourages all prospective Bidders to conduct their own investigations and analysis
and check the accuracy, reliability and completeness of the information in this RFP
and obtain independent advice from appropriate sources.
2.3
Neither MMRDA nor their employees will have any liability to any prospective Bidder or
any other person under the law of contract, tort, the principles of restitution or unjust
enrichment or otherwise for any loss, expense or damage which may arise from or be
incurred or suffered in connection with anything contained in this RFP, any matter
deemed to form part of this RFP, the award of the Project and any other information
supplied by or on behalf of MMRDA or their employees or otherwise arising in any way
from the selection process for the Project.
2.4
MMRDA reserves to itself the right to reject any or all of the Bids submitted in
response to this Request for Proposal at any stage without assigning any reasons
whatsoever.
2.5
MMRDA reserves to itself the right to change any or all of the provisions of this
Request for Proposal. Such changes will be intimated to all parties procuring this
Request for Proposal prior to pre-bid conference.

3.
3.1
DEFINITIONS
Arbitrator:
The Arbitrator is the person appointed by MMRDA to resolve disputes as provided in
clause 8.30 of section 8.
3.2
Authority:
Authority means the Mumbai Metropolitan Region Development Authority
3.3
Bid :
Bid means the proposal submitted by the intending bidder in response to this Request
for Proposal Document issued by MMRDA.
3.4
Bidder:
Bidder means the Bidding Company or Bidding Consortium, as defined below, which
has submitted a Bid in response to this Request for Proposal Document.
3.5
Bidding Company:
If a single corporate entity makes the Bid for the Project, it shall be referred to as a
Bidding Company.
3.6
Bidding Consortium:
If the Bid for the Project is made jointly by more than one entity, then this group of
entities shall be referred to as Bidding Consortium and such entities shall be referred
to as Consortium Members. Bidding Consortium will have to incorporate an SPV prior
to grant of Lease.
3.7
Critical Clearances:
Critical clearances means all such clearances, licenses and permits, the obtaining of
which are Conditions Precedent to the construction of the Facility.
3.8
Document / Bid Document:

Document / Bid Document means this Request for Proposal Document which has to
be submitted.
3.9
Financially Significant Consortium Member:

Member with at least 15% equity in the SPV would be referred to as Financially
Significant Consortium Member.
3.10
Lessee:
Lessee means the successful bidding company or SPV with which MMRDA enters
into a Lease Deed.
3.11
Lease deed:
The deed of grant of lease of land under this invitation of bids to be entered into

between MMRDA and the Successful Bidder.

3.12
Lead Consortium Member:

In case of a Bidding Consortium the Lead Consortium Member shall be that
Financially Significant Consortium Member with the largest but at least 26% equity
stake in the proposed SPV and is vested with the prime responsibility of developing
the Project and would require to be declared as such in the Consortium-MOU to be
executed between the Consortium Members as per format presented in Exhibit 1.
The Lead Consortium Member shall be the authorised representative of the Bidding
Consortium and shall be liable to MMRDA for all the obligations till the execution of
the Lease Deed.
The Lead Consortium Member shall necessarily be a company - private limited or a
public limited.
3.13
3.14
Project:
To design, finance, construct, operate, maintain and market the Convention &
Exhibition Centre & Commercial Complex on the land leased by the MMRDA according
to the conditions of this Document and the Lease Deed to be entered into with MMRDA.
Special Purpose Vehicle (SPV):
SPV shall mean the new corporate entity to be established by the Selected Bidder to
serve as the Special Purpose Vehicle for the execution of the Project. In case of a
selected bidder being Bidding Company it will have to continue to hold at least 51% in
the equity in the Convention & Exhibition Centre project for a period not less than 20
years from zero date. If the selected bidder is a Bidding Consortium it will have to
establish the SPV according to the equity structure mentioned in the MOU in case of
a selected bidder being Bidding consortium, all the Financially Significant Consortium
members including the Lead consortium member will have to continue to hold their
equity in the SPV for Convention & Exhibition Centre for a period not less than 20
years from zero date.
3.15
Responsive Bidder:
Responsive Bidder is one whose proposal is found responsive after evaluation of the
bid as outlined in Section 7.
3.16
Rank 1 Bidder:
The Bidder selected and ranked as no.1 according to the evaluation criteria as
detailed in Section 7 for grant of lease of land.
3.17
Zero Date:
"Zero Date" means the date of issue of Commencement Certificate (issued under
section 45 of the Maharashtra Regional and Town Planning Act, 1966) to the proposed
development or a date after the efflux of nine months from the date of execution of the
Lease Deed, whichever is earlier.

4.
PROJECT LOCATION
BACKGROUND
4.1
The MMRDA is a statutory body constituted under the provisions of Mumbai Metropolitan
Region Development Authority Act 1974. The MMRDA is also appointed as the Special
Planning Authority appointed under section 40 of the Maharashtra Regional and Town
Planning Act, 1966 for Bandra -Kurla Complex Notified Area by the State Government
and is engaged in promoting the planned and orderly development of the notified area.
4.2
The International Finance and Business Centre (IFBC) is a part of Bandra-Kurla

Complex. IFBC spread over an area of 130 hectares & already has leading financial
institutions like ICICI, UTI, Citibank, IL&FS, NSE, NABARD, BOB, SBI, SEBI BOI, Dena
Bank, operating in this Centre. Similarly leading banks like and are in the process of
developing their office buildings.
A large Diamond Bourse and a 440 room Trident (Oberoi) hotel are nearing completion
under construction. The IFBC has thus emerged as the new finance and business district
of Mumbai. The total employment of IFBC is expected to be around 150,000
CONCEPT OF THE CONVENTION & EXHIBITION CENTRE (C&EC)
4.3
Recognising the need of the Convention & Exhibition facilities in such a business
district, MMRDA has decided to promote the establishment of a state-of-the-art
Convention & Exhibition Centre, that will be a first of its kind in the country. As Western
India has no major Convention & Exhibition Centre, it is expected that Convention &
Exhibition Centre would meet the growing needs not only of Mumbai city but also of the
entire country. It has the following advantages :
A central location at the junction of the downtown and uptown areas of the city,
in close proximity to Mumbais airport, that will be further enhanced with the
development of the Western Freeway (presently under construction).
A large unencumbered site in a well-planned area of the city.
A substantial hotel room cluster with the 440 room Trident Oberoi in the nearby
location (adjacent to the site), 770 room Grand Hyatt just to the north, 505 room
Taj Lands End in Bandra (West) and the large hotel room clusters near the
airports and in Juhu.
A market with considerable latent demand, especially for exhibition space, due
to lack of suitable facilities.
A large economy with Mumbai being at its commercial centre.
Strong space rental rates for exhibition spaces that compare favourably with
other centres in South East Asia.
Construction costs in Mumbai and the country are still lower than in most parts
of the world.

PARTICULARS OF LAND
4.4
Out of plot No. C-64 land admeasuring 55000 sq.m. is allocated for Convention &
Exhibition Centre and 20,000 sq.m. is allocated for Commercial Complex for its use
as described in Section 5 & 6 of this RFP.
4.5
The plots in the International Finance & Business Centre are already developed with
roads, storm water drainage, water supply and underground sewerage. The Lessee will
have to apply for power supply, gas & telephone facilities, easily available in the area, to
the appropriate authorities.
4.6
The plot is situated at a distance of 200 m. from the High Tide Line along the Mahim
Creek delineated by the Chief Hydrographer, Government of India. For CRZ purposes
the width of adjoining Mahim Creek governs the width of CRZ. The distance of 200 m.
is more than the width of the creek. The plot is therefore outside the ambit of Coastal
Regulation Zone as prescribed by the Ministry of Environment and Forest. The
Coastal Zone Management Plan (CZMP) based on this has also been approved by the
Ministry of Environment and Forest
4.7
The land put to bidding is situated in Greater Mumbai and falls within the purview of the
Urban Land (Ceiling & Regulation) Act, 1976. The Lessee will be granted exemption
under Section 20 thereof to hold the land on lease.
4.8
4.9
The development of infrastructure will proceed in accordance with and subject to plans
and programmes of the Metropolitan Authority subject however to any unforeseen
contingencies. Failure to accomplish such plans or non-availability of the infrastructure
amenity will not relieve the Lessee of the obligations devolving upon him.
Though the F.S.I. permissible for commercial use in BKC is 2.00. The plots of land for
Convention & Exhibition Centre and Commercial Complex are not being offered for
development with 2.00 FSI but are being offered with fixed built up area as described
below:
(i)
The Plot of land admeasuring 55,000m2 is designated as Commercial &

Exhibition Centre and
(ii)
Plot of land admeasuring 20,000m2 is designated as Commercial Complex.

The total built up area being made available for Convention & Exhibition
Centre is 65,000 m2 and the total built up area being made available for
Commercial Complex is 50,000 m2. The grand total of built up area being
made available for (i) and (ii) is 1,15,000 m2. In this case the total plot of land
is (i) 55,000 m2+ (ii) 20,000 m2 = 75,000 m2 and the total built up area being
made available in this RFP is 1,15,000 m2 only.
Except F.S.I. all other
Development Control Regulations of Bandra Kurla Complex will be have to be
adhered to.

10
5.
CONVENTION & EXHIBITION CENTRE

AREA SPECIFICATIONS
5.1
The convention & exhibition centre facility is estimated to require approximately

51,700 sq.m. of built up area which will be reckoned as 65,000 sq.m. for computation
of FSI after accounting for height in excess of 4.20 m. for exhibitions areas. The
Convention & Exhibition Centre facility should have 5 exhibition halls having minimum
column less area of 5,000 sq.m. each with average clear height of minimum 12mtr.
and the entire area being fully air conditioned.
5.2
Within the convention & exhibition centre a full-fledged auditorium with a minimum
capacity of 2000 fixed seats is to be provided with Simultaneous Interpretation Systems
(SIS) and state of the art audio-visual equipment. This facility is to be constructed in
accordance with the international standards and specifications (such as those of Opera
Convention Centre at New York, National Conference Centre at Thailand). The
Convention Auditorium may be located on a ground or first / upper level with a suitably
impressive entry, security and foyer area that may be shared with other facilities within
the Convention & Exhibition Centre . A list of various activities and functions is given in
Schedule -1.

11
AREA SPECIFICATIONS FOR THE CONVENTION & EXHIBITION CENTRE
Schedule I
List of various activities /functions and their minimum capacity in CONVENTION &
EXHIBITION CENTRE
Sr. No. Area / use
Units
1
Public Areas
General Reception/Entrance Hall/Lobby
As per
Public Toilets
design
Ticketing
2
Conv., Conf.& Meeting Facilities
Capacity/persons
Convention Auditorium (Main)
2000
Convention Hall (Multipurpose)
1500
Conference Hall-1
300
Conference Hall-2
300
Conference Hall-3
100
Conference Hall-4
100
Conference Hall-5
50
Conference Hall-6
50
Banquet Hall
500
Board Rooms (12) various sizes
50-250
VVIP Reception Rooms & Lounges
50
Theatres - 1 (Made from M'Purpose conf)
50-100
Theatres 2
100-200
Banquet Kitchens/Stores/Receiving
Pre Function Areas
Circulation
3
Exhibitions
Exhibition Hall
5 Nos
Reception/lobby/toilets/food counters
}
Loading/Unloading Area/Storage/Administration }As per Design
Circulation
}
4
Food & Beverage (inc.Kitchens)
Capacity/persons
Coffee Shops
200
Cafeteria
150
Vegetarian Restaurant
200
Speciality Restaurant I
125
Speciality Restaurant II
125
Bar (2)
200
Food Court With Multiple outlets
300
Total Meals at a time
1300
Circulation
As per Design

12
AREA SPECIFICATIONS FOR THE C&E CENTRE.

Schedule I
Contd.
Speciality Areas & Administration
Media Centre
}
Public Address & Paging
}
Business Centre & Secretarial Support
}
Infirmary/Medical Centre
}
Administration Offices
}
Information Booths
}As per Design
Telephone Kiosks
}
Post Office
}
Changing Rooms for Artists
}
Simultaneous Transition Studios/Booths
}
Security Nerve Centre & Related Areas
}
Circulation
}
Support Areas/Back of the House
Employees Lockers & Facilities
}
Employees Dining Room & Servicing
}
Personnel Offices & Related Facilities
}
Mechanical Plant
}
Other Engineering Facilities
}
Linen Rooms & Housekeeping
}As per Design
Furniture Storerooms
}
Miscellaneous storerooms
}
Receiving area
}
Warehouse for Precon.Storage/Setup
}
Circulation
}
Shops & Offices
Nos.
Travel Agent/Tour Operation
4
PCO/PEO
5
Car Rental
2
Banks/Curency Exchange
3
ATMs
4
Stationery Stores
2
Florist
1
Book Shop
2
Courier Service
2
Hoteliers Association
1
Tourism Office
3
Photo Shop
1
Airlines Offices
6
Chemist
2
Circulation
Car Parking Basement Car Parking
As per DC Rules

13
5.3
The area specifications related to various activities / functions given in earlier table are
summarised below for the purpose of computing the built up area to be utilised.
Sr.No.
1
User of Land
Area sq.m.
Built up area Plot

used in sq.m. sq.m.
Area
Exhibition Centre *
5 exhibition halls of minimum 5000
sq.m. each
Total Exhibition Space
26600
Convention Auditorium
persons)
Other
convention
hall
(multi
purpose), conference halls, Board
rooms,
Reception,
Lounges,
Circulation etc.
( 2000
Public Areas
Food and
kitchen)
Speciality areas-media,
administration, secretarial support,
circulation etc.
Support areas/back of the house

facilities, dormitories, Guest rooms,
etc.
Shop & Offices- Travel agents, tour

operators, banks , air line booking
etc.
Beverage
39900
(Sr.no.2+3+4)
= 13,300
13,300
(including
Total Convention & Exhibition

Centre
10
Grand Total
(Sr.
No.5+6+7+8)
=11,800
51,700
11,800
65,000
65000
55000
All the above areas will be fully air-conditioned

* The height of Exhibition areas being around 12 m. the equivalent FSI is 1.5 times the floor area.
Note For the purposes of computing FSI the Development Control regulations provided in Volume
II will apply. Car parking and areas used for engineering services and storage are permitted
free of FSI. However stairwells and lift shafts are counted in FSI.

14
PERMITTED VARIATIONS
5.4
The construction of Convention & Exhibition Centre shall be in accordance with the
areas laid down in the area specifications provided in para 5.3. Variations from these
areas to suit architectural layouts and Lessees interpretation of market conditions, are
permitted within the following limits:
Exhibition space : refer Sr. No.3
in schedule I
5 Exhibition Halls of minimum
5000sq.m. each (total 26600sq.m.)
Convention Auditorium
Refer Sr.no.2 in schedule
(capacity 2000 seats)
___________________________
Other convention facilities
Reduction 0%
Increase No limit
Reduction 0% in seating capacity
I Increase No limit.
____________________________________
Reduction up to 15% in number capacity
Increase No limit.
F&B Facilities : Refer Sr.no.4 in Reduction up to 15% in number capacity
schedule I
Increase No limit.
Other Facilities : Refer Sr.no.7 in Reduction up to 15% in number capacity

schedule I
Increase No limit.
Revenue Earning Facilities
Parking
Minimum According to DC Regulations

Increase No limit
5.5
In addition to the variation in sizes permitted for the different elements, variation shall
also be permitted in configuration of all the suggested facilities if justified for
commercial purposes. It is intended that, in keeping with modern trends and now
available technology maximum Multi-purpose uses be made of the spaces available
within the Convention & Exhibition Centre .
The implementation of the entire project, drawing up of the detailed layouts, designs
and engineering drawings would be undertaken by the selected bidder. It is expected
that the selected bidder shall meet the minimum area/capacity/ specification laid out
by MMRDA. It is envisaged that the developer may build this Convention & Exhibition
Centre with appropriate design and specifications comparable with other international
Convention Centre.
Out of the plot noC-64 admeasuring 75000 sq.m.(as shown on map at Exhibit 10). The

15
successful bidder will have choice to configure at one place the plot admeasuring 55000
sq.m., only for the proposed development of Convention & Exhibition Centre provided
that their remains a plot of 20000 sq.m. as a Commercial Complex plot and shall have
50000 sq.m. as permissible built up area which can be used for commercial uses such
as Shopping Arcade/Mall, Entertainment facilities including Multiplex, Hotel and/or
Service Apartments, Commercial Office space, Business Centres, F&B facilities, Health
& Sports facilities. This 50,000 sq.m. permissible built up area will have to be consumed
in 20,000sq.m. Commercial Centre plot only and transfer of this permissible built up area
to Convention & Exhibition Centre plot shall not be permitted under any circumstances.
In the Exhibition Centre the areas of the Exhibition Halls are expected to be of the height
of 12 m. The areas that are more than 4.2mt. in height will have to be calculated at 1.5
times for calculating the consumption of total built up areas.
CONSTRUCTION REGULATIONS
5.6
The maximum height from ground level of any buildings within the IFBC has to be as
permitted by Department of Civil Aviation which is currently 40 m.
The ground coverage shall be defined as per the set-backs prescribed for varying height
of buildings and as prescribed by Chief Fire Officer (CFO), BMC. The minimum setback
along the roads for this site is 12 m.
The Lessee shall provide adequate area for parking in accordance with the provisions of
MMRDA Bandra-Kurla Notified Area Development Control Regulations, 1979 (Volume
II). Car parking spaces at basement, stilt or upper levels are permitted free of FSI.
A double basement is also permitted
The successful bidder shall obtain all the necessary permissions required from the
statutory authorities and government organisations.
The total permissible built up area available for development of the Convention &
Exhibition Centre facility is 65000 sq.m. as explained in the table given in para 5.3

16
above. Additional permissible built up area 50,000 sq.m. is available to the bidder for
Commercial development purposes. The total plot area offered to the bidder is 75,000
sq.m. It is intended that the Lessee develops the 20,000 sq.m. plot for the Commercial
Complex in a way to attract a variety of uses with complementary areas of activity. In
order to do this a wide range of uses are permitted and complete flexibility allowed on
area allocation to remaining commercial users in this 50,000sq.m. built up area of
Commercial Complex only. An illustrative list of activities is given below:
Multiplex
Hotel and Restaurant etc.
Shopping Malls
F&B Facilities
Offices/Business
Health and Sports Facilities
Centres/Shops/
5.7
Entertainment Centre
Subject to the stipulation as given in para 3.14 the Lessee will be permitted as per the
provisions of clause 3(p) of the draft Lease Deed to sub lease or assign his leasehold rights and interests to a different company without any transfer fee in the first
instance.

17
6.
6.1
6.2 .
COMMERCIAL CONSIDERATIONS
The selected bidder will be required to pay 100% of the lease premium quoted for
Convention & Exhibition Centre and Commercial Complex within total 3 months from
the time his bid is accepted. Out of this 50% shall be paid within one month from
the time his bid is accepted and remaining 50% shall be paid within two month
thereafter.
The lessee shall be permitted to enter into contractual license or management contract
arrangements with suitable parties for any or all of the facilities at market driven
commercial terms.
6.3
Bidders for the development of the Convention & Exhibition Centre facility and the
Commercial development may follow the SPV approach. This will enable inclusion of
Consortium partners that have an interest in construction, Convention & Exhibition
Centre operation, Professional Exhibitions Operators & Professional Convention
Operators and other parties with an interest as real estate developers or for specific
uses within the development such as Shopping Mall, Entertainment, Hotel, Service
Apartment or Commercial Space.
6.4
Subject to stipulation given in para 3.14 all or any shareholders of the SPV shall be
permitted Exit at any point in time after 20 years from the date of commissioning of
Convention & Exhibition Centre by transferring their equity to a party or parties whom
they shall independently identify and negotiate terms for such transfer. Such transfer
shall be subject to the approval of MMRDA, which shall not unreasonably be
withheld. MMRDA shall not have any obligation to purchase the equity of any exiting
party in the SPV.
6.5
The property may be mortgaged to providers for debt finance up to the limit of the
amount of premium paid to MMRDA, subject to approval of MMRDA as prescribed in
the MMRDA (Disposal of Land) Regulations 1977.
TIME PERIODS
6.6.
The Convention & Exhibition Centre is to be built within a period of 4 years from the
date of execution of lease deed and transfer of the site to the winning bidder. Any
time taken more than this 4-year period shall be subject to payment of liquidated
damages for the delay. Payment of liquidated damages will not affect the liabilities of
the Lessee.
6.7.
The bidder will have to construct Convention & Exhibition Centre first and obtain
Occupancy Certificate from MMRDA before applying for Occupancy Certificate for
Commercial Complex from MMRDA. The construction schedule is as given in the
following table :

18
Table
Convention
&
(65,000sq.m. total)
Exhibition
Centre Commercial Complex (50,000sq.m. total)
1.
Construction upto 25% of the built up area Construction upto 15% of the built up area
within first year
within first year
2.
within second year
within second year
3.
within third year
within third year
4.
Full construction of Convention & Exhibition 95% construction of Commencement

Centre within fourth year
Certificate within fourth year
Note : The Convention & Exhibition Centre should be completed before the Commercial
Complex and Occupation Certificate of C& EC (65, 000 sq.m.) to be obtained prior to
requesting for Occupation certificate of Commercial Complex (50,000 sq.m.).
6.8
The bank guarantee towards liquidated damages shall be for an amount of

Rs.20 crores in favour of MMRDA payable in Mumbai who shall have the
option to encash such guarantee at the rate of Rs. 50 lakhs per months delay
over the stipulated date, without prejudice to MMRDAs right to recover
additional liquidated damages.
PROJECT STRUCTURE
6.9
The grant of lease shall be for a period of 80 years. The relationship between
MMRDA and the successful bidder will be set forth and described under the terms
and conditions of the Lease Deed to be entered between MMRDA with the selected
bidder.
6.10
The Lessee will have the option to sell, mortgage or transfer the Commercial Complex
(50000 sq.m.) subject to the relevant provisions of clause 3(p) of the Lease Deed.
This is subject to the condition that the Lessee shall establish an appropriate
independent management facility to maintain, operate and market the Convention &
Exhibition Centre (65000sq.m.) during the lease period to the entire satisfaction of
Metropolitan Commissioner, MMRDA. (Copy of the draft Lease Deed is available in
Vol-II)
6.11
The Lessee, should they desire, has the option to transfer land, building and all other
assets of the Convention & Exhibition Centre to MMRDA free of any price or
pecuniary consideration and free of liabilities of any sort after 20 years from the date
of execution of the Lease Deed by giving a notice in writing of at least one year.

19
7.
SUBMISSION AND EVALUATION OF BIDS
SUBMISSION OF BIDS
7.1
The submission of Bids by interested parties in response to the Request for Proposal
shall be in three separate sealed covers as indicated below.
Cover 1 Compliance to Minimum Eligibility Criteria
7.2
The information to be submitted by the Bidders in Cover 1 of their Bids as described

in this Section.
7.3
The Bidder shall place one (1) original + two (2) copies of the Cover 1 in a sealed
envelope, which shall be inscribed as under:
Cover 1 Compliance to Minimum Eligibility Criteria
Submitted by: _________________________(name of Bidder)
Cover 2 Financial Bid

7.4
The Information to be submitted by the Bidders in the Financial Bid (Cover 2) is

described in this Section.
7.5
The Bidder shall place original Financial Bid, This document, in a sealed envelope,
which shall be inscribed as under:
Cover 2 Financial Bid
Submitted by: _________________________(name of Bidder)
Cover 3 Technical and Business Proposal

7.6
The Information to be submitted by the Bidders in Cover 3

Section.
is described in this
7.7
The Bidder shall place one (1) original + two (2) copies of the information on
Financial, Technical and Managerial Capabilities in a sealed envelope, which shall be
inscribed as under:

20
Cover 3 Business Proposal

Submitted by: ____________________ (name of Bidder)
Outer envelope
7.8
The 3 covers of the Bid organised as above, shall be placed in a sealed outer
envelope or a box, with the following inscription:
Bid For :
Lease of Land for Developing and Operating Convention and Exhibition

Centre and Commercial Complex, in Bandra-Kurla Complex, Mumbai,
India
Name of the Bidder : _______________________________________________

To
Chief, Town and Country Planning Division
Mumbai Metropolitan Region Development Authority,
Bandra-Kurla Complex, Bandra (East), Mumbai 400051
7.9
The Bidder can submit the Bid by registered post/ courier or submit the Bid in person,
so as to reach the designated address by the time and date stipulated in Section 1.
MMRDA shall not be responsible for any delay in submission of the Bids. Any Bid
received by MMRDA after the due date and time for submission of the Bids stipulated
in Section 1 shall not be opened.
INITIALLING OF THE BIDS
7.10
Each page of the Bid document should be initialled by the Authorised Representative
and Signatory of the Bidding Company / Bidding Consortium.
RESPONSIVENESS OF BID
7.11
The Bids received will be subject to a responsiveness check followed by a step-wise

evaluation procedure as described below.
7.12
A Bid shall be deemed Non-responsive if it does not satisfy any of the following
conditions:
a) It is not received by the due date specified Section 1.
b) It does not include sufficient information for it to be evaluated and/or is not in the
formats specified
c) It is not signed and / or sealed in the manner and to the extent indicated in this
section.
d) It is not accompanied by a Demand Draft of the specified amount of the Earnest
Money .

21
EVALUATIONS OF BIDS
7.13
The Bids of Responsive Bidders shall be evaluated in the following three steps.
STEP 1 (COVER 1) COMPLIANCE WITH MINIMUM ELIGIBILITY CRITERIA
7.14
In the first step, MMRDA will evaluate the information submitted by the Bidder in
Cover 1 of the Bid. Only Bidders meeting the minimum eligibility criteria shall be
considered for the subsequent steps. The minimum eligibility criteria and the format
for the information to be submitted in Cover 1 are as described below:
Evaluation of Minimum Eligibility Criteria: Cover 1
7.15
The objective of the minimum eligibility criteria is to shortlist Bidders who have:
a) The financial strengths necessary to contribute and / or arrange the funds
required to execute the Project in the desired time frame.
b) The technical skills necessary to design, construct, operate and maintain the
Facility as per the Principles of Good Industry Practice and have a project design
from an Architect who has designed / has been associated with world class
Convention Centre project.
c) The commercial skills necessary to market the Facility and successfully develop
business.
MINIMUM ELIGIBILITY CRITERIA
7.16
Eligibility Criteria for Bidding

Corporate entities (public or private limited company registered under The
Companies Act, 1956 or equivalent International Law) will be eligible to bid for the
Project.
7.17
Eligibility Criteria for Financial Capability

The Bidding Company or for a Bidding Consortium, the Lead Consortium Member
satisfying any two out of the three eligibility criteria for financial capability specified
below would be considered as meeting Eligibility Criteria for Financial Capability. In
case of a Bidding Consortium, the Lead Consortium Member shall have the option to
aggregate the strengths of its Financially Significant Consortium members. The onus
to demonstrate the relationship as Financially Significant Consortium member with
the Bidding Consortium for the purpose of aggregation rests with the Lead
Consortium member. The three eligibility criteria are:

22
Tangible Networth1 not less than Rs.400 crores as per the latest audited financial
statement. The certificate in effect of tangible net worth from government approved
Chartered Account firm should be attached.
Annual turnover2 not less than Rs.800 crores as per the latest audited financial
statement.
Net Profit3 not less than Rs.100 crores as per the latest audited financial statement or
Average annual net profit of the last three financial years not less than Rs.100 crores.
Eligibility Criteria for Technical Experience
7.18
The Bidding Company or for a Bidding Consortium every Financially Significant

Consortium Member, will be required to submit the details of their experience
according to the categorisation given below. They will be considered as meeting
Eligibility Criteria for Experience, if they meet the eligibility criteria for experience
specified in any one of the categories given below.
7.19
Category "I:
In a directly related field of activity (defined as Convention &

Exhibition Centres, Hotels, Restaurants, and Banquet Halls)
7.20
The Bidding Company or the Bidding Consortium shall have developed during last
five years at least one project having Capital Cost not less than Rs.250crores related
to category 1.
7.21
The turnover of the Bidding Company or a combined turnover of Financially

Significant Consortium Members of the Bidding Consortium from the directly related
field of activities shall not be less than Rs.1,000crores.
7.22
Category "II" : In an indirectly related field of activity (defined as shopping

centers, commercial complexes, housing or office complexes, retail stores,
entertainment centres, amusement parks and large projects)
7.23
The Bidding Company or the Bidding Consortium shall have developed during last
five years at least one Project having Capital Cost not less than Rs.300crores
related to category 2.
7.24
The turnover of the Bidding Company or the combined turnover of the Financially
Significant Members of the Bidding Consortium from the directly related field of
activities shall not be less than Rs 1,200crores.
7.25
Project Design - The Bidding Company or the Bidding Consortium shall submit a
detailed conceptual Project design for the proposed Convention & Exhibition Centre
from an Architect who has designed/has been associated with any of the world class
Convention and Exhibition Centre Projects. The design shall be submitted on not less
than 10 drawings of AO size and also on a CD.
1 Tangible Networth = (Equity Capital + Reserves and Surplus - Revaluation Reserve) - (Accumulated Losses + Intangible
assets)
2 Turnover has been defined as the gross sales of the company net of excise. This does not include other related income and
non-operating income
3
Net Profit = Profit after Tax (PAT)

23
7.26
Format for Cover I compliance to minimum eligibility criteria

Bidders are required to organise Cover 1 Compliance with Minimum Eligibility
Criteria according to the following checklist:
Cover 1
Compliance to Minimum Eligibility Criteria
Section 1
Covering Letter as per the format specified in Exhibit-2

Earnest Money Deposit for an amount of Rs.100,000,000
(Rupees Ten
crores) by way of Demand Draft, drawn on any schedule/commercial
bank, payable at Mumbai in favour of MMRD Fund.
Section 2
a) Description of the Bidding Company / Bidding Consortium as per the format

specified in Exhibit 5
b) In case of a Bidding Consortium, MoU amongst the Consortium Members,
incorporating the principles as in Exhibit 1 (If applicable)
c) Letters of Acceptance, as per the format specified in Exhibit 4, from each of
the Consortium Members in case of a Bidding Consortium.
Section 3
a) Consideration for Evaluation of Minimum Eligibility Criteria as per the format

specified in Exhibit 6
b) Letters of Commitment as per the format specified in Exhibit 3, from each of
the entities which are Financially Significant Consortium Member, the strengths
of which is to be considered for the purpose of evaluation.
Section 4
a) Audited Annual Reports for the last three financial years, of which the last
audited results made available should not be more than 15 months old as on
last date of submission of RFP.
b) Information Requirements as per the formats specified
Section 5
a)A detailed conceptual design of Convention & Exhibition Centre to be

submitted on minimum 10 drawings of AO Size and also on a CD.
b)A letter of acceptance from Architect indicating his C.V. and details of his
relevant experience in the designing of Convention and Exhibition Centre
properly documented, on a hard copy as well as on a CD to be authenticated
by the bidding company/Consortium by a separate letter.
7.27
MMRDA on demand will return unopened Financial Bids and Technical Bids (Covers
2 and 3) of the Bidders who do not comply with the minimum eligibility criteria.

24
STEP 2 (COVER 2) FINANCIAL BID

7.28
The Financial Bid is to be submitted in the Form of Bid given in Exhibit 8.

The evaluation criteria for assessment of the Financial Bids are as described below:.
OBJECTIVE OF FINANCIAL BID EVALUATION
7.29
The objective of the evaluation of Financial bid is to rank the bidders, short listed on
the basis of the evaluation of information as contained in cover 1, on the basis of the
bid price quoted by them.
METHODOLOGY FOR EVALUATION OF BIDS
7.30
The bidder will have to quote separately for the Convention & Exhibition Centre and
the Commercial Complex. The built-up area (considered for FSI computation) of
Convention & Exhibition Centre shall be considered as 65,000 sq.m. irrespective of
the reduction that may be possible on finalisation of detailed architectural designs.
Similarly the floor space considered for FSI computation for the Commercial Complex
will be 50,000 sq.m. The bidder will have to quote a fixed rate of Rs.20,000 per
sq.m. of built up area for total built up area 65,000 sq.m. for Convention & Exhibition
Centre. The amount will be Rs.130 crores. The bidder will also have to quote a rate
of premium higher than Rs.70,000 per sq.m. of built up area for 50,000 sq.m. of total
built up area for Commercial Complex. The premium amount will be higher than
Rs.350 crores. The total minimum amount of lease premium to be quoted by the
bidder will be higher than Rs.480 crores of the total amount of lease premium that will
be payable to MMRDA 50% will have to be paid within one month and the balance
will have to be paid within two months i.e. within three months from the time the bid is
accepted. The lease period is of 80 years as is indicated in the M.M.R.D.A. (Disposal
of land) Regulation 1977.
7.31
The above quotes shall be submitted by the Bidders in Cover 2 : Financial Bid in
accordance with the Format Enclosed in Exhibit 8
7.32
The bids will be first ranked according to the highest rate and premium quoted for the
Convention & Exhibition Centre and Commercial Complex (after correcting the
arithmetic errors if any). A ranked list of Bidders based on the results of the
evaluation will prepared. The top ranked Bidder will be designated the Rank 1
Bidder.

25
STEP 3 (COVER 3) - EVALUATION OF TECHNICAL AND BUSINESS PROPOSAL

TECHNICAL & BUSINESS PROPOSAL: EVALUATION CRITERIA
7.33
The objective of MMRDA in evaluation of Technical and Business Proposal of the

bidder is to assess the following skills:
Project conceptualisation and design skills that offer the most optimal design solution
for the proposed Facility.
Project Management Skills that would help expedite the project development phase
and ensure timely construction of the Facility
Operation and Maintenance skills, that ensure consistently superior service at
reasonable cost.
Specifically, the Business Proposal shall be assessed for technical sufficiency and
will include the following :
7.34
7.35
A Detailed Report shall be submitted on the Technical Plan of the bidder, covering
also the financial plan and his business plan. Report shall also provide plan to meet
each of the item specifications mentioned in the Section 5 & 6. This report shall also
include and be explained in detail a detailed conceptual project design by the
Architect who has designed/has been associated with any of the world class
Convention and Exhibition Centre Projects
Financial Plan
The Financial Plan shall include the following;
a) Detailed Project Cost
b) Project Funding Structure
c) Financial Projections
d) Estimated Tariff
e) Feasibility Analysis with justification of assumptions.
Business proposal evaluation
7.36
The evaluation process shall include matters such as:

a)
b)
c)
d)
e)
The design and planning of facilities in the C&EC

Relevant skills and suitability of promoters
Ability to implement
Ability to manage
Ability to market
7.37
In evaluating the Business Proposal, MMRDA reserves the right to seek clarifications
from the Bidders. The Bidders shall be required to furnish such clarifications.
7.38
The Technical and Business Proposal of only the Rank 1 bidder will be opened. He

26
may also be requested to make a presentation at his own cost, for clarifications and
additional information on bidders capability, concept plan and the business proposal
in this regard to the evaluation committee appointed by the Metropolitan
Commissioner, MMRDA. The Committee may seek further clarifications and make
suggestions in respect of the proposal, within the permitted built-up area, which will
not include any change in the premium or the manner in which it is to be paid. These
suggestions will have to be incorporated by the bidder.
7.39
On reaching an agreement with the bidder and the terms and conditions to be
included in the Lease Deed, the Metropolitan Commissioner shall submit the
proposal to the Metropolitan Authority for the allotment of land to the Rank 1 bidder.
7.40
If the bidder and the Committee shall fail to reach a consensus, the Committee will be
entitled to open the Technical and the Business Proposal of the bidder ranked next
and repeat the procedure.
Time Table
7.41
MMRDA intends to complete the entire process of bid evaluation and award within a
period of 180 days starting from the opening of Cover-I. In order to enable MMRDA to
meet the target, Bidders are expected to respond expeditiously to clarifications, if
any, requested during the evaluation process. MMRDA shall adhere to the above
schedule to the extent possible. MMRDA, however, reserves the right to modify the
same. Intimation to this effect shall be given to all Bidders including request for
extending the bid validity if required.

27
8. GENERAL INFORMATION TO THE BIDDER

PRE-BID MEETING
8.1
A Pre-bid meeting shall be held to clarify any queries that the Bidders may have.
Queries in writing may preferably be sent to MMRDA a week prior to the date of prebid conference.
8.2
The minutes of the pre- bid conference incorporating the clarifications will be
circulated to all the intending bidders and shall form part of Request for Proposal
Document.
SITE VISIT AND SURVEY
8.3
Bidders may, prior to submitting their Bid for the Project, visit and examine the site of
the Project and its surroundings at their own expense and obtain and ascertain for
themselves, at their own responsibility, all technical data and other information
necessary for preparing their Bids including, inter alia, the actual nature and
conditions at the site, availability of materials, stores, labour, probable sites for labour
camps, etc. required for the execution of the work over the entire duration of the
construction period, after taking into account the local conditions, restrictions,
obstructions in work, if any, etc.
8.4
For the above purpose, the bidders may approach Mr. Kulkarni, Architect
T&CP Dn., MMRDA may or may not depute a representative to accompany the
Bidder. The Bidders shall be responsible for all arrangements and shall release and
indemnify MMRDA, and/or its agents from and against all liability in respect thereof
and shall be responsible for any personal injury, loss of or damage to property or any
other loss, damage, costs or expenses, however caused, which, but for the exercise
of such permission, would not have arisen.
8.5
The Bidders shall be deemed to have full knowledge of the site, whether physically
inspected or not.
INSTRUCTIONS TO BIDDERS
8.6
All Bidders shall note the following:
8.7
Bids that are incomplete in any respect or those that are not consistent with the
requirements as specified in this Request for Proposal may be considered nonresponsive and may be liable for rejection.
8.8
Strict adherence to formats, wherever specified, is required. Non-adherence to

formats shall be a ground for declaring the Bid non-responsive.

28
8.9
For a Bidding Consortium the Bid submitted by the Consortium should contain signed
letters submitted by each of the Consortium Members, stating that the entire Bid has
been examined and each key element of the Bid is agreed to, in the format as
specified in Exhibit -4. The Bid shall contain a copy of the MoU entered into between
the Consortium Partners, as per the Principles of MoU stated in Exhibit -1. In the
absence of such a MoU, the Bid would be considered and evaluated as one from an
individual company alone, submitting the Bid.
8.10
In case a Consortium is selected, the Lead Consortium Member shall continue to

remain the representative of the Consortium and shall be responsible to MMRDA for
the fulfilment of all contractual obligations binding on the Selected Bidder till the SPV
is incorporated and the Lease Deed executed with the SPV.
8.11
In case of SPV, MoU of potential SPV shareholders accounting for 74% of the
proposed authorised capital will be enclosed. The applicant bidder shall be the Lead
Consortium Member designated in the MOU.
8.12
All communication and information should be provided in writing and in the English
language only.
8.13
The metric system shall be followed for units.
8.14
All communication and information provided shall be legible, and wherever the
information is given in figures, the same should also be mentioned in words. In case
of conflict between amounts stated in figures and words, the amount stated in words
will be taken as correct.
8.15
No change in, or supplementary information to a Bid shall be accepted once

submitted. However, MMRDA reserves the right to seek additional information from
the Bidders, if found necessary, during the course of evaluation of the Bid. Nonsubmission, incomplete submission or delayed submission of such additional
information or clarifications sought by MMRDA, may be a ground for rejecting the Bid.
8.16
The Bids shall be evaluated as per the criteria specified in this RFP Document.
However, within the broad framework of the evaluation parameters as stated in the
Request for Proposal, MMRDA reserves the right to make modifications to the stated
evaluation criteria, which would be uniformly applied to all the Bidders.
8.17
No Consortium Member can propose to be a member of more than one Bidding

Consortium for submission of the Bid for the Project.
8.18
The Bidder shall designate one person in case of bidding company and the Lead
Manager and lead Co(Contact Person and Authorised Representative and
Signatory) authorised to represent the Bidder in its dealings with MMRDA. This
designated person shall hold the Power of Attorney and be authorised to perform all
tasks including but not limited to providing information, responding to enquiries,
entering into contractual commitments on behalf of the Bidder etc. The Covering
Letter submitted by the Bidder shall be signed by the Authorised Signatory and shall
bear the stamp of the entity thereof.
8.19
The Bid (and any additional information requested subsequently) shall also bear the
initials of the Authorised Signatory and stamp of the entity thereof on each page of

29
the Bid.
8.20
For a Bidding Consortium, no change in the membership of the Consortium, in

responsibilities, or in equity commitments of any Consortium Member whose
strengths are being credited for evaluation, shall be permitted after submission of the
Bid.
8.21
Further to Bid submission, if at any stage thereafter, a change in the responsibilities

or membership in the Consortium whose strengths have been credited for evaluation
is proposed, it will need to be communicated to MMRDA in writing for its approval.
MMRDA reserves the right to reject such requests for a change of Consortium
structure, if in its opinion; it would adversely affect the strengths of such Consortium
as originally evaluated.
8.22
In any case, notwithstanding the above, the Lead Consortium Member, in case of
Bidding Consortium, shall not be allowed to change its equity contribution in the
Consortium if it results in its equity holding becoming
(i)
Less than 26%
(ii)
Less than the equity holding of any other Consortium Member in the Bidding
Consortium.
(iii)
MMRDA also reserves the overriding right to reject any Bid pursuant to any
change in the composition of the Bidding Consortium without ascribing any
reasons whatsoever.
(iv)
MMRDA reserves the right to reject any or all of the Bids without assigning
any reason whatsoever.
(v)
Mere submission of information does not entitle the Bidder to meet an

eligibility criterion. MMRDA reserves the right to vet and verify any or all
information submitted by the Bidder.
(vi)
If any claim made or information provided by the Bidder in the Bid or any
information provided by the Bidder in response to any subsequent query by
MMRDA, is found to be incorrect or is a material misrepresentation of facts,
then the Bid will be liable for rejection. Mere clerical errors or bona fide
mistakes may be treated as an exception at the sole discretion of MMRDA
and if MMRDA is adequately satisfied.
(vii)
The Bidder shall be responsible for all the costs associated with the
preparation of the Bid. MMRDA shall not be responsible in any way for such
costs, regardless of the conduct or outcome of this process.

30
VALIDITY OF TERMS OF THE BID

8.23
Each Bid shall indicate that it is a firm and irrevocable offer, and shall remain valid
and open for a period of not less than 180 days from the last date for submission of
the Bid. The bid shall be so irrevocable notwithstanding anything conferred in section
5 of the Contract Act 1872. Non-adherence to this requirement may be a ground for
declaring the Bid as non-responsive. However, MMRDA may solicit the Bidders
consent for extension of the period of validity and the Bidder shall agree to
reasonably consider such a request. The request and response shall be in writing. A
Bidder accepting MMRDAs request for extension of validity shall not be permitted to
modify his Bid in any other respect.
FEES AND DEPOSITS TO BE PAID BY THE BIDDERS
Fees for Request For Proposal (RFP) Document
8.24
The Request for Proposal document would be made available to the prospective
bidders on submission of a written request and a demand draft of Rs 25,000
(Rupees Twenty Five Thousand only-non refundable) drawn in favour of MMRD
Fund.
EARNEST MONEY DEPOSIT:
8.25
The Bidder is required to pay Earnest Money Deposit by way of Demand Draft of
Rs. 10,000,0000 (Rupees Ten Crores) drawn on any scheduled commercial bank,
payable at Mumbai in favour of MMRD Fund.
8.26
The bid, which is not accompanied by the above Earnest Money Deposit, shall be
rejected by MMRDA as non-responsive.
8.27
The earnest money so deposited shall stand forfeited to MMRDA:

(a)
If the Bidder revokes his Bid at any time during the stipulated period or during
mutually agreed extended period of Bid validity.
(b)
If the Bidder, within the period of Bid validity, in MMRDAs opinion,

commits a material breach of any of the terms and / or conditions contained in
the RFP Document and / or in subsequent communication from MMRDA in this
regard and / or
fails or refuses to act upon the Letter of allotment (in the event of the allotment
of the plot to it) and/or
fails or refuses to furnish the Commencement Guarantee within the stipulated
time (viz. 30 days from the issue of the Letter of allotment).

31
COMMENCEMENT GUARANTEE
8.28
The Successful Bidder will have to furnish at the time of allotment of plot and
execution of the Lease Deed, the Commencement Guarantee in an agreeable format
from a scheduled bank payable in Mumbai, which shall be for an amount equal to
Rs. 10,000,0000 (Rupees Ten Crores). The Commencement Guarantee shall
remain valid till the Zero Date.
COMPLETION GUARANTEE
8.29
The Successful Bidder will be required to submit before issue of the Commencement
Certificate by MMRDA in respect of the proposed development, a Completion
Guarantee in the form of a Bank Guarantee in an agreeable format from a scheduled
bank payable in Mumbai for an amount of Rs.20crores. The completion Guarantee
shall be required to remain valid from the Zero Date.
SETTLEMENT OF DISPUTE
8.30
If there is any dispute or any difference of opinion as to the interpretation of

the terms of this document or anything arising thereon from such dispute or
difference it shall be decided finally by the Metropolitan Commissioner,
M.M.R.D.A. and his decision shall be final and binding.

32
Tender forms and Exhibits are available in the tender document only

33

BKC Bid PDF

Uploaded by

Copyright:

Available Formats

You might also like

BKC Bid PDF

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

BKC Bid PDF

Uploaded by

Copyright:

Available Formats

Tender Booklet No.

INTERNATIONAL FINANCE AND BUSINESS CENTRE

A PLOT FOR CONVENTION AND EXHIBITION CENTRE & COMMERCIAL COMPLEX

MUMBAI METROPOLITAN REGION DEVELOPMENT AUTHORITY,

Telephone No.: 2659 1236, 2659 4084

MMRDA Convention & Exhibition Centre, Commercial Complex.

REQUEST FOR PROPOSAL ................................................................................................................ 4

BANDRA KURLA COMPLEX........................................................................................................................ 4

CONVENTION & EXHIBITION CENTRE AREA SPECIFICATIONS ............................................... 10

SUBMISSION AND EVALUATION OF BIDS.................................................................................... 19

SUBMISSION OF BIDS .............................................................................................................................. 19

GENERAL INFORMATION TO THE BIDDER ................................................................................... 27

MMRDA Convention & Exhibition Centre, Commercial Complex.

PRINCIPLES OF THE MEMORANDUM OF UNDERSTANDING TO BE EXECUTED BETWEEN THE

MMRDA Convention & Exhibition Centre, Commercial Complex.

MUMBAI METROPOLITAN REGION DEVELOPMENT AUTHORITY

REQUEST FOR PROPOSAL

BANDRA KURLA COMPLEX

Mumbai Metropolitan Region Development Authority (MMRDA) constituted under the

This Document is in two volumes:

SALE OF BID DOCUMENTS

MMRDA Convention & Exhibition Centre, Commercial Complex.

Date and Time

Sale of RFP Documents

21 November, 2005 to 22 December 2005

Pre Bid Conference

1.00 p.m., 21 December 2005

Last date of receipts of 12.00p.m., 22 December 2005

4.00p.m., 29 December 2005

MMRDA Convention & Exhibition Centre, Commercial Complex.

MMRDA Convention & Exhibition Centre, Commercial Complex.

Document / Bid Document:

Financially Significant Consortium Member:

MMRDA Convention & Exhibition Centre, Commercial Complex.

between MMRDA and the Successful Bidder.

Lead Consortium Member:

MMRDA Convention & Exhibition Centre, Commercial Complex.

The International Finance and Business Centre (IFBC) is a part of Bandra-Kurla

MMRDA Convention & Exhibition Centre, Commercial Complex.

The Plot of land admeasuring 55,000m2 is designated as Commercial &

Plot of land admeasuring 20,000m2 is designated as Commercial Complex.

MMRDA Convention & Exhibition Centre, Commercial Complex.

CONVENTION & EXHIBITION CENTRE

The convention & exhibition centre facility is estimated to require approximately

MMRDA Convention & Exhibition Centre, Commercial Complex.

AREA SPECIFICATIONS FOR THE CONVENTION & EXHIBITION CENTRE

MMRDA Convention & Exhibition Centre, Commercial Complex.

AREA SPECIFICATIONS FOR THE C&E CENTRE.

MMRDA Convention & Exhibition Centre, Commercial Complex.

Built up area Plot

Support areas/back of the house

Shop & Offices- Travel agents, tour

Total Convention & Exhibition

All the above areas will be fully air-conditioned

MMRDA Convention & Exhibition Centre, Commercial Complex.

Other Facilities : Refer Sr.no.7 in Reduction up to 15% in number capacity

Minimum According to DC Regulations