Expression of Interest for Project Management Unit (PMU) for monitoring Real Estate Projects in Greater Noida City

Transcription

1 Expressin f Interest fr Prject Management Unit (PMU) fr mnitring Real Estate Prjects in Greater Nida City Issued by: Greater Nida Industrial Develpment Authrity (GNIDA) Plt N: 01, Knwledge Park IV, Greater Nida Uttar Pradesh

2 DISCLAIMER This Expressin f Interest (EI) fr Prject Management Unit (PMU) fr mnitring Real Estate Prjects in Greater Nida City ( the Prject ) cntains brief infrmatin abut the Prject and scpe f wrk fr the prspective Applicant. The purpse f EI is t prvide the Applicant with infrmatin t assist the frmulatin f their respnse. While all effrts have been made t ensure the accuracy f infrmatin cntained in this EI dcument, this dcument des nt cntain all the infrmatin required by the Applicant. The Applicant are encuraged t cnduct their wn independent assessment, investigatins and analysis and check the reliability, accuracy and cmpleteness f the infrmatin at their end and btain independent advice frm relevant surces as required befre submissin f their respnse. Greater Nida Industrial Develpment Authrity (GNIDA r the Authrity) and any f its emplyees r advisrs shall incur n liability under any law, statute, rules r regulatins as t the accuracy r cmpleteness f the EI dcument. GNIDA reserves the right t change any r all cnditins/ infrmatin set in this EI dcument by way f revisin, deletin, updating r annulment thrugh issuance f apprpriate addendum as GNIDA may deem fit withut assigning any reasn theref. GNIDA reserves the right t accept r reject any r all applicatins withut giving any reasns theref. GNIDA will nt entertain r be liable fr any claim fr csts and expenses in relatin t the preparatin f the applicatins t be submitted in terms f this EI Dcument. Page 1 f 11

3 Table f cntents DISCLAIMER... 1 Table f cntents Invitatin fr Expressin f Interest Key Instructins Scpe f Wrk Desired Experience Frmats fr Submissin... 7 Page 2 f 11

4 1 Invitatin fr Expressin f Interest Greater Nida Industrial Develpment Authrity ( GNIDA r the Authrity ) invites Expressin f Interest (EI) fr Prject Management Unit (PMU) fr mnitring Real Estate Prjects in Greater Nida City ( the Prject ). Interested Applicants can submit their Expressin f Interest in the frmats duly filled and signed with required enclsures, in a sealed envelpe superscribed Prject Management Unit (PMU) fr mnitring Real Estate Prjects in Greater Nida City at the address given in table belw. 2 Key Instructins Interested Applicants shuld make nte f the fllwing key pints: This EI invitatin dcument is nt a Tender r Request fr Prpsal in any frm and wuld nt be binding n GNIDA in any manner whatsever. GNIDA reserves the right t cancel the EI invitatin as a whle r in part withut assigning any reasns. The Applicants are encuraged t cnduct their wn independent assessment, investigatins and analysis and check the reliability, accuracy and cmpleteness f the infrmatin at their end and btain independent advice frm relevant surces as required befre submissin f their respnse. GNIDA reserves the right t update, amend and supplement the infrmatin given in this dcument at its sle discretin befre the last date and time f submissin f the respnses. Applicants shuld submit their respnse in English language and as per frmats prvided in the last sectin f this dcument. Submissin nt cnfrming t the instructins r prescribed frmats will be rejected. The key dates and infrmatin fr the Prject are as belw: Address fr submissin f EI Shri Janardan, Additinal Chief Executive Officer (J) Greater Nida Industrial Develpment Authrity, Plt N: 01, Knwledge Park IV, Greater Nida, Uttar Pradesh, Meeting fr EI Last date fr submissin f EI Cntact details fr clarificatin & queries T be cmmunicated later n Authrity s website: [ Shri Janardan, Additinal Chief Executive Officer (J) Greater Nida Industrial Develpment Authrity, Plt N: 01, Knwledge Park IV, Greater Nida, Uttar Pradesh, Last date f receipt f query Page 3 f 11

5 3 Scpe f Wrk The Greater Nida Industrial Develpment Authrity ( GNIDA r the Authrity ) has alltted land t a number f private develpers fr develping Grup Husing Scieties in the city. The prjects were cnceptualised and launched by the develpers but they have been unable t meet the timelines cmmitted fr cmpletin and handver f the prjects. Hence it is imprtant that these Prjects be reviewed fr viability and facilitatin as deemed necessary t expedite the delivery prcess. The key tasks t be undertaken by the cnsultant are as fllws: Current state assessment Data analysis and categrisatin Mitigatin strategy and facilitate builder-buyer meetings Regular mnitring and reprting The Cnsultant t achieve the abve mentined task shall be respnsible fr prviding services, including, but nt limited t: Phase 1: Current state assessment The cnsultants shall be respnsible fr undertaking an assessment f the identified prjects and as a first step wuld cllect data n the same. Sme infrmatin will be available with the Authrity but a lt f infrmatin will have t be cllected frm the Develpers. The cnsultant shall develp standard templates/checklist t cllect infrmatin which may include (but nt limited t) the fllwing (indicative): General infrmatin abut the prmter and ther parties invlved in develpment f the prject Prject specific infrmatin such Alltted area, Alltment date, Lease rights as alltment/lease particulars, sanctin details like flr plans, Grund cverage, FAR, number f flats, infrmatin n sld inventry, the buyer details, amunt at which the flat was sld, amunt paid and balance t be paid etc. List f apprvals pending n a prject, tentative timelines and challenges if any Infrmatin pertaining t stage f cmpletin, actual csts fr activities in prgress, prject cst estimates, estimated cmpletin date, payment schedule fr the prject, payment made t Authrity and pending dues, rescheduled payment plan (in any) etc. Additinal land if lying unutilised with the Develper/prmter This infrmatin may be captured thrugh an IT tl that can be develped by the cnsultant fr the same. The infrmatin feed t the prtal may be entered by the Develper r the cnsultant s PMU as the case may be. All infrmatin cllected needs t be crss-verified r authenticated with respective stakehlders. The prtal will display an up t date Prject Specific Reprt Card based n the aggregated details frm all stakehlders. The develpers wuld als be asked schedule t cmplete the prjects with a financing plan. The financial plan wuld be duly apprved/authrised by a financing institutin f repute. Phase 2: Data analysis and Categrisatin Page 4 f 11

6 Based n the data prvided by the Authrity and the Develpers the cnsultants shall analyse the prject status, identify the challenges faced by each prject and advise Authrity n its viability f the Prject in light f the prpsed financing plan. The prjects can then be segregated n basis f pre-determined categries causing delay in handing ver final pssessin f the flat t the hmebuyer i.e. financial/ecnmic related delay, regulatin/cde related delay, cnstructin related delays etc. Phase 3: Mitigatin strategy and facilitating meetings The develpers f these identified prjects shall be asked prpse mitigatin strategies based n their respective issues. Befre submitting the mitigatin prpsals, the develpers will have t get these vetted by apprpriate authrities. These mitigatin prpsals might be (but nt limited t) the fllwing: Inslvency Pitch-in Take-ver Buy-back T facilitate abve-mentined prcess, the Cnsultant shall have regular crdinatin with identified develpers t make sure that nly crrect validated prpsals are submitted. The Cnsultant shall assist the Authrity t review and identify any regulatry revisins that may be required t implement the prpsed mitigatin strategies. Additinally, the Cnsultant shall als devise Standard Operating Prcedure (SOP), eligibility criteria & evaluatin parameters fr the selectin f the best pssible mitigatin strategy. Phase 4: Mnitring and reprting The Cnsultants shall mnitr the prgress f selected Prjects based n their finalized mitigatin schedule. The Cnsultants shall prepare mnthly/quarterly mnitring reprts and identify any upcming delays and issues and submit t the Authrity. Page 5 f 11

7 4 Desired Experience Fr determining the eligibility, the Applicant has t fulfil bth the technical and financial capability defined hereunder. Technical capability: Sr. N. Criteria Dcuments t be submitted 1 Experience in prcesses, standard perating prcedures, husing, real estate, taxatin, legal, financial restructuring etc. 2 Experience f mnitring at least three cnstructin prjects in the last three years having a grss prject cst f INR 250 crre. Cntracts / Wrk Orders fr experience cited and Certificate f successful cmpletin f the prjects which are cmpleted. 3 Experience f managing at least ne large PMU with cnsulting fee f minimum INR 5 crre in last 3 years. 4 The Applicant shuld be either an existing cmpany registered in India under the Cmpany Act, 1956 r shuld be eligible t register as a cmpany t carry ut stated activities, shuld the Applicant be selected. Certificate f Incrpratin/ Registratin 5 Applicant may be a single entity r a Cnsrtium f a maximum f 2 (tw) members. Financial capability: Sr. N. Criteria Dcuments t be Submitted 1 Average Annual Turnver shuld be minimum INR 100 crre during the last three financial years. Nte: In the case f a Cnsrtium, the Annual Turnver criteria t be met by the lead member. Audited/Certified Annual Financial Statements and Annual Reprt fr the three financial years ( , and ) and Certificate frm the Statutry Auditr At this stage, the Applicant may r may nt declare the cmplete nature f the Cnsrtium but at the prpsal stage preference wuld be given t Applicant that can cllectively demnstrate experience f running Prject Management Units (PMU) f similar nature. The Applicants will assessed n technical and financial capabilities. Page 6 f 11

8 5 Frmats fr Submissin Frm 1: Infrmatin abut the Applicant A: GENERAL INFORMATION (in case f a Cnsrtium details t be filled fr all parties) i. Details f the Applicant Name f Applicant: Address: Tel N. (with cde): Cntact persn: Name and Designatin: Address, Telephne N. and address: ii. Type f Cmpany: [with supprting dcuments] iii. Date f incrpratin with dcumentary evidence (r equivalent certificate): iv. Registratin detail f firm with dcumentary evidence (r equivalent certificate): v. Brief descriptin f the entity, rganizatin structure and business. Page 7 f 11

9 B: FINANCIAL INFORMATION (in case f a Cnsrtium details t be filled fr the Lead member) Please prvide with financial details abut the Applicant alng with necessary supprting dcuments. Annuals reprts fr the last three (3) years must be attached t the respnse. Alng with that please prvide financial infrmatin in the fllwing frmat: Year Annual Turnver On Behalf f (Name f the Applicant) Signature f the Authrized Persn Name: Designatin: Page 8 f 11

10 Frm 2: List f Prjects A: Experience in prcesses, standard perating prcedures, husing, real estate, taxatin, legal, financial restructuring etc. Sr.N. Prject & Client Prject details (Insert as many rws as required) B: Experience f mnitring at least three cnstructin prjects in the last three years having a grss prject cst f INR 250 crre. Sr.N. Prject & Client Grss Prject Cst Prject details C: Experience f managing at least ne large PMU with cnsulting fee f minimum INR 5 crre in last 3 years Sr.N. Prject & Client Cnsulting fee Prject details (Insert as many rws as required) On Behalf f (Name f the Applicant) Signature f the Authrized Persn Name: Designatin: Nte: Frm 3 has t be filled fr each Prject with necessary dcumentary evidence in supprt f the experience claimed Page 9 f 11

11 Frm 3: Prject Infrmatin [Use separate sheet fr each cited Prject] Applicants Name: [insert full name] Date: [insert day, mnth, year] Prject N. [insert number] Prject Identificatin Infrmatin [insert Prject name and number, if applicable] Award date [insert day, mnth, year, e.g. 15 June, 2017] Date f Cmmissining [insert day, mnth, year, e.g. 15 June, 2017] Cmpletin date [insert day, mnth, year, e.g. 15 June, 2017] Prject Scpe [insert Prject details and scpe f wrks] Rle in Cntract [check the apprpriate bx] Sle Develper Cnsrtium/JV Partner Ttal Prject Amunt [insert ttal Prject amunt in lcal currency] INR [insert ttal Prject amunt in INR equivalent] If partner in a Cnsrtium/ JV, r sub- Cncessinaire, specify participatin in ttal Prject amunt [insert a percentage amunt] [insert ttal Prject amunt in lcal currency] [insert ttal Prject amunt in INR equivalent] Emplyer/ Client's Name: Address: Telephne/fax number [insert full name] [indicate street / number / twn r city / cuntry] [insert telephne/fax numbers, including cuntry and ity area cdes] [insert address, if available] Nte: Applicants shuld prvide infrmatin n the fllwing: 1. Cntracts executed where the wrk is cmpleted 2. Onging cntracts/current cmmitments fr which a letter f intent r acceptance has been received 3. Any additinal dcumentary evidence in supprt f the experience claimed Page 10 f 11