ADDENDUM-1 to RFP / Draft Concession Agreement

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ADDENDUM-1 to RFP / Draft Concession Agreement Sl Original Revised as per Addendum-1 REQUEST FOR PROPOSAL 1 13 Schedule of Bidding Process The Authority shall endeavour to adhere to the following schedule: Event Description Date 1 Availability of Bid Documents on e-procurement Portal From 5th February 2018 2 Last date for receiving queries 2nd March, 2018 3 Pre-Bid Conference 1 5th March, 2018, 4 Authority response to queries 5 Last date for receiving additional queries 19th March, 2018 28th March, 2018 6 Pre-Bid Conference 2 2nd April, 2018, 7 Authority response to queries 16th April, 2018 8 Bid Due Date 7th May, 2018 2 614 To fulfill : i the Core Minimum Development Obligation Schedule of Bidding Process The Authority shall endeavour to adhere to the following schedule: Event Description 1 Availability of Bid Documents on e-procurement Portal Date From 5th February, 2018 2 Last date for receiving queries 2nd March, 2018 3 Pre-Bid Conference 1 5th March, 2018, 4 Authority response to queries 5 Last date for receiving additional queries 23 rd March, 2018 4th April, 2018 6 Pre-Bid Conference 2 6th April, 2018, 7 Authority response to queries 16th April, 2018 8 Bid Due Date 7th May, 2018 To fulfill : i the Core Minimum Development Obligation 1

Sl RFP for Development of Bengaluru International Convention Centre (BICC) on PPP Basis Original ( CMDO ) of construction of the following at the same within 24 (twenty four) months from the date of signing the Concession Agreement: a Main Convention/Plenary Hall of minimum 6000 seater capacity and associated facilities; b Exhibition Hall of minimum 6500 Sq m and associated facilities; and c Supporting Meeting Rooms with associated facilities d Food Court ii The Other Minimum Development Obligation ( OMDO ) of construction of the following at the same within 48 (forty eight) months from the Appointed Date specified in the Concession Agreement: a 5 Star Category Hotel of minimum 250 rooms iii The other Permissible Developments within the Project Site shall be limited to that permissible and prescribed in the draft Concession Agreement only Revised as per Addendum-1 ( CMDO ) of construction of the following at the same within 24 (twenty four) months from the Appointed Date specified in the Concession Agreement: a Main Convention/Plenary Hall of minimum 6000 seater capacity and associated facilities; b Exhibition Hall of minimum 6500 Sq m and associated facilities; and c Supporting Meeting Rooms with associated facilities d Food Court ii The Other Minimum Development Obligation ( OMDO ) of construction of the following at the same within 48 (forty eight) months from the Appointed Date specified in the Concession Agreement: a 5 Star Category Hotel of minimum 250 rooms iii The other Permissible Developments within the Project Site shall be limited to that permissible and prescribed in the draft Concession Agreement only 3 723 For a project to qualify as an Eligible Project under Categories 1 and 2: (a) It should have been undertaken either as (i) a PPP For a project to qualify as an Eligible Project under Categories 1 and 2: (a) It should have been undertaken either as (i) a PPP

Sl Original project on BOT, BOLT, BOO, BOOT or other similar basis for providing its output or services to a public sector entity or for providing nondiscriminatory access to users in pursuance of its charter, concession or contract, as the case may be For the avoidance of doubt, a project which constitutes a natural monopoly such as an airport or port should normally be included in this category even if it is not based on a long-term agreement with a public entity; or as (ii) a Private Sector Development / Joint Development Project (which are not classified as PPP Projects); Revised as per Addendum-1 project on BOT, BOLT, BOO, BOOT or other similar basis for providing its output or services to a public sector entity or for providing nondiscriminatory access to users in pursuance of its charter, concession or contract, as the case may be For the avoidance of doubt, a project which constitutes a natural monopoly such as an airport or port should normally be included in this category even if it is not based on a long-term agreement with a public entity; or as (ii) a Private Sector Development / Joint Development Project (which are not classified as PPP Projects); (b) the entity claiming experience should have held, in the company owning the Eligible Project, a minimum of 26% (twenty six per cent) equity during the entire period and years for which Eligible Experience is being claimed; (b) the entity claiming experience should have held, in the company owning the Eligible Project, a minimum of 26% (twenty six per cent) equity during the entire period and years for which Eligible Experience is being claimed; (c) the capital cost of the project should be more than INR 187 Crore (Indian Rupees One Hundred Eighty Seven Crore only); and (c) the capital cost of the project should be more than INR 9350 Crore (Indian Rupees Ninety Three point five Crore only); and (d) the entity claiming experience shall, during the last 5 (five) financial years preceding the Bid Due Date, have paid for development of the project (excluding the cost of land) (d) the entity claiming experience shall, during the last 5 (five) financial years preceding the Bid Due Date, have paid for development of the project (excluding the cost of land)

Sl Original 4 724 For a project to qualify as an Eligible Project under Categories 3 and 4, the Applicant / Bidder should have received payments from its client(s) for construction works executed, fully or partially, during the 5 (five) financial years immediately preceding the Bid Due Date, and only the payments (gross) actually made or received, as the case may be, during such 5 (five) financial years shall qualify for purposes of computing the Experience Score However, payments/receipts of less than INR 187 Crore (Indian Rupees One Hundred Eighty Seven Crore only) shall not be reckoned as payments/receipts for Eligible Projects For the avoidance of doubt, construction works shall not include supply of goods or equipment except when such goods or equipment form part of a turnkey construction contract/ EPC contract for the project Further, the cost of land shall not be included hereunder Revised as per Addendum-1 For a project to qualify as an Eligible Project under Categories 3 and 4, the Applicant / Bidder should have received payments from its client(s) for construction works executed, fully or partially, during the 5 (five) financial years immediately preceding the Bid Due Date, and only the payments (gross) actually made or received, as the case may be, during such 5 (five) financial years shall qualify for purposes of computing the Experience Score However, payments/receipts of less than INR 9350 Crore (Indian Rupees Ninety Three point five Crore only) shall not be reckoned as payments/receipts for Eligible Projects For the avoidance of doubt, construction works shall not include supply of goods or equipment except when such goods or equipment form part of a turnkey construction contract/ EPC contract for the project Further, the cost of land shall not be included hereunder DRAFT CONCESSION AGREEMENT 5 ARTICL E-2 21 (ii) Development of the CMDO as specified in Schedule-B within 24 (twenty four) months from the date of this Agreement, in conformity with the Specifications and Standards set forth in Schedule-D, including design, Development of the CMDO as specified in Schedule-B within 24 (twenty four) months from the Appointed Date, in conformity with the Specifications and Standards set forth in Schedule-D, including design, conceptualise,

Sl 6 ARTICL E-5 517 Original conceptualise, finance, build, integrate, install, test & commission; In case the Concessionaire is a SPV comprising a Consortium, the Lead Member of the Consortium shall be primarily responsible for all the obligations under this Agreement, notwithstanding the fact that all the members of the Consortium are jointly and severally liable for all the obligations under this Agreement Revised as per Addendum-1 finance, build, integrate, install, test & commission; In case the Concessionaire is a SPV comprising a Consortium, until the completion of Conditions Precedent, achieving of the Appointed Date and COD1, the Lead Member of the Consortium shall be primarily responsible for all the obligations under this Agreement, notwithstanding the fact that all the members of the Consortium are jointly and severally liable for all the obligations under this Agreement 7 ARTICL E-5 511 Obligations relating to competition The Concessionaire shall not, either directly or through its Associates, or in any other manner acquire control or interest in the operations or services of any other Convention Centre, Exhibition Hall or similar category Hotel situated within a radius of 15 (fifteen) Kilometers from the Project such that its share exceeds 25% (twenty five per cent) of such control or interest in the operations or services of that Convention Centre, Exhibition Hall or similar category Hotel The Concessionaire shall also ensure and procure that no person who controls or operates any other Convention Centre, Exhibition Hall or similar category Hotel situated within 15 (fifteen) Kilometers from the Project shall acquire control or interest in the operations Obligations relating to competition The Concessionaire shall not, either directly or through its Associates, or in any other manner acquire control or interest in the operations or services of any other Convention Centre, Exhibition Hall or similar category Hotel situated within a radius of 15 (fifteen) Kilometers from the Project such that its share exceeds 25% (twenty five per cent) of such control or interest in the operations or services of that Convention Centre, Exhibition Hall or similar category Hotel The Concessionaire shall also ensure and procure that no person who controls or operates any other Convention Centre, Exhibition Hall or similar category Hotel situated within 15 (fifteen) Kilometers from the Project shall acquire control or interest in the operations

Sl RFP for Development of Bengaluru International Convention Centre (BICC) on PPP Basis Original or services of the Project / Project Facilities such that the share of such person exceeds 25% (twenty five per cent) of such control or interest in the operations or services of the Project; For the avoidance of doubt, Convention Centre shall mean an air conditioned Convention Centre of 2000 pax Capacity or more and Exhibition Hall shall mean a venue with minimum 2500 sq ft area, where exhibitions / events are hosted Provided that this clause 511 shall not apply if such share is the direct consequence of the decisions or directions of the Authority For the avoidance of doubt, it is agreed that this clause shall apply from the date of this Agreement and shall be valid until the subsistence of the Concession Period and shall not apply to such prior actions of the Selected Bidder / Consortium Members, subject to such Convention Centre, Exhibition Hall or similar category Hotel situated within a radius of 15 (fifteen) Kilometers from the Project having commenced operations prior to the date of this Agreement However, in such cases, the Concessionaire shall endeavor to protect the commercial interest of the Project at all times and under no circumstances divert Users / guests to such competing facility under its control Revised as per Addendum-1 or services of the Project / Project Facilities such that the share of such person exceeds 25% (twenty five per cent) of such control or interest in the operations or services of the Project; For the avoidance of doubt, Convention Centre shall mean an air conditioned Convention Centre of 2000 pax Capacity or more and Exhibition Hall shall mean a venue with minimum 2500 sq ft area, where exhibitions / events are hosted Provided that this clause 511 shall not apply if such share is the direct consequence of the decisions or directions of the Authority For the avoidance of doubt, it is agreed that this clause shall apply from the date of this Agreement and shall be valid until the subsistence of the Concession Period and shall not apply to such prior actions of the Selected Bidder / Consortium Members, subject to such Convention Centre, Exhibition Hall or similar category Hotel situated within a radius of 15 (fifteen) Kilometers from the Project having commenced operations prior to the date of this Agreement However, in such cases, the Concessionaire shall endeavor to protect the commercial interest of the Project at all times and under no circumstances divert Users / guests to such

Sl Original Revised as per Addendum-1 competing facility under its control It is further agreed that this clause shall not be applicable to cross holding by a Bank, Insurance company, pension fund or a public financial institution