Common use of Brief description of Bidding Process Clause in Contracts

Brief description of Bidding Process. 1.2.1 The Authority has adopted a two-stage process (collectively referred to as the “Bidding Process”) for selection of the bidder for award of the Project. The first stage (the “Qualification Stage”) of the process involves qualification (the “Qualification”) of interested parties/ consortia who make an Application in accordance with the provisions of this RFQ (the “Applicant”, which expression shall, unless repugnant to the context, include the Members of the Consortium). Prior to making an Application, the Applicant shall pay to the Authority a non-refundable sum of Rs. 10,000 (Rupees ten thousand only) as the cost of the RFQ process. At the end of this stage, the Authority expects to announce a short- list of up to 6 (six) suitable pre-qualified Applicants who shall be eligible for participation in the second stage of the Bidding Process (the “Bid Stage”) comprising Request for Proposals (the “Request for Proposals” or “RFP”). The Authority, however, reserves the right to increase the number of short- listed pre-qualified Applicants by adding additional Applicants. It is clarified that Government of India has issued guidelines (see Appendix-V) for qualification of bidders seeking to acquire stakes in any public sector enterprise through the process of disinvestment. These guidelines shall apply mutatis mutandis to this Bidding Process. The Authority shall be entitled to disqualify an Applicant in accordance with the aforesaid guidelines at any stage of the Bidding Process. Applicants must satisfy themselves that they are qualified to bid, and should give an undertaking to this effect in the form at Appendix-I.

Appears in 2 contracts

Samples: Disclaimer, Disclaimer

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Brief description of Bidding Process. 1.2.1 The Authority has adopted a two-stage process (collectively referred to as the "Bidding Process") for selection of the bidder for award of the Project. The first stage (the "Qualification Stage") of the process involves qualification (the “Qualification”) of interested parties/ consortia who make an Application in accordance with the provisions of this RFQ (the "Applicant", which expression shall, unless repugnant to the context, include the Members of the Consortium). Prior to making an Application, the Applicant shall pay to the Authority a non-refundable sum of Rs. 10,000 Rs 1, 00, 000 (Rupees ten thousand one lakh only) as the cost of the RFQ process. At the end of this stage, the Authority expects to announce a short- short-list of up to 6 7 (sixseven) suitable pre-qualified Applicants who shall be eligible for participation in the second stage of the Bidding Process (the "Bid Stage") comprising Request for Proposals (the “Request for Proposals” or “RFP”). The Authority, however, reserves the right to increase the number of short- listed pre-qualified Applicants by adding additional Applicants. It is clarified that Government of India has issued guidelines (see Appendix-V) for qualification of bidders seeking to acquire stakes in any public sector enterprise through the process of disinvestment. These guidelines shall apply mutatis mutandis to this Bidding Process. The Authority shall be entitled to disqualify an Applicant in accordance with the aforesaid guidelines at any stage of the Bidding Process. Applicants must satisfy themselves that they are qualified to bid, and should give an undertaking to this effect in the form at Appendix-I.

Appears in 1 contract

Samples: Joint Bidding Agreement

Brief description of Bidding Process. 1.2.1 The Authority has adopted a two-stage process (collectively referred to as the “Bidding Process”) for selection of the bidder for award of the Project. The first stage (the "Qualification Stage”) of the process involves qualification (the “Qualification”) of interested parties/ consortia who make an Application in accordance with the provisions of this RFQ (the “Applicant”, which expression shall, unless repugnant to the context, include the Members of the Consortium). Prior to making an Application, the Applicant shall pay to the Authority a non-refundable sum of Rs. 10,000 1,00,000 (Rupees ten thousand one lakh only) as the cost of the RFQ process. At the end of this stage, the Authority expects to announce a short- list shortlist of up to 6 (six) suitable pre-qualified Applicants who shall be eligible for participation in the second stage of the Bidding Process (the “Bid Stage”) comprising Request for Proposals (the “Request for Proposals” or “RFP”). The Authority, however, reserves the right to increase the number of short- listed pre-qualified Applicants by adding additional Applicants. It is clarified that Government of India has issued guidelines (see Appendix-V) for qualification of bidders seeking to acquire stakes in any public sector enterprise through the process of disinvestment. These guidelines shall apply mutatis mutandis to this Bidding Process. The Authority shall be entitled to disqualify an Applicant in accordance with the aforesaid guidelines at any stage of the Bidding Process. Applicants must satisfy themselves that they are qualified to bid, and should give an undertaking to this effect in the form at Appendix-I.

Appears in 1 contract

Samples: Joint Bidding Agreement

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Brief description of Bidding Process. 1.2.1 1.2.1. The Authority has adopted a two-single stage bidding process (collectively referred to as the “Bidding Process”) for selection of the bidder Bidder for award of the Project. In this single stage bidding process Bidders are required to submit their qualification statement and technical proposal (the “Technical Proposal”) and commercial proposal (the “Commercial Proposal”) together constituting proposal (the “Proposal”) in a single stage in two envelop system. The evaluation of Proposal will be carried out by the Authority in two stages. The first stage (the “Qualification Stage”) of evaluation of the process Proposal is the evaluation of Technical Proposal which involves qualification (the “Qualification”) of interested parties/ consortia who make an Application a Proposal in accordance with the provisions of this RFQ RFP (the “ApplicantBidder, ) which expression shall, unless repugnant to the context, include the Members of the Consortium). Prior to making an Application, the Applicant shall pay to the Authority a non-refundable sum of Rs. 10,000 (Rupees ten thousand only) as the cost of the RFQ process. At the end of this stageevaluation of Technical Proposal of Bidders, the Authority expects to announce a short- short-list of up to 6 (six) suitable pre-qualified Applicants Bidders who shall be eligible for participation opening and evaluation of their Commercial Proposal in the second stage two of the Bidding Process (the “Bid Stage”) comprising Request for Proposals (the “Request for Proposals” or “RFP”)proposal evaluation process. The Authority, however, reserves the right to increase the number of short- listed pre-qualified Applicants by adding additional Applicants. It is clarified that Government of India has issued guidelines (see Appendix-V) for qualification of bidders seeking to acquire stakes in any public sector enterprise through the process of disinvestment. These guidelines shall apply mutatis mutandis to this Bidding Process. The Authority shall be entitled to disqualify an Applicant a Bidder in accordance with the aforesaid guidelines at any stage of the Bidding Process. Applicants Bidders must satisfy themselves that they are qualified to bid, and should give an undertaking to this effect in the form at Appendix-I.VII.

Appears in 1 contract

Samples: Development Agreement

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