Addendum-I. Refurbishment, Operation and Maintenance of the Fruit & Vegetable Market located at Mohali on PPP mode

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Addendum-I Refurbishment, Operation and Maintenance of the Fruit & Vegetable Market located at Mohali on PPP mode This is with reference to the RFP issued for Refurbishment, Operation and Maintenance of the Fruit & Vegetable Market located at Mohali on PPP mode on 5 th May 2015. Further to the provisions of the RFP, Formats A, C, E & G of ITB (Instructions to Bidders) have been replaced by the enclosed formats. The bidders are required to submit the proposal as per the attached formats.

A. Letter of Application & Interest (To be signed and submitted by the Bidder s authorized signatory on firm s letterhead) Dated: Managing Director, Punjab Infrastructure Development Board (PIDB) S.C.O. 33-34-35, Sector 34-A, Chandigarh Subject: Refurbishment, Operation and Maintenance of the Fruit & Vegetable Market located at Mohali on PPP mode Sir, 1. Being duly authorized to represent and act for and on behalf of (herein the Applicant), and having studied and fully understood all the information provided in the bid document, the undersigned hereby apply as a bidder for Refurbishment, Operation and Maintenance of the Fruit & Vegetable Market located at Mohali on PPP mode according to the terms & conditions of the RFP Document made by the Authority. 2. Our Technical & Financial Proposals are as per the requisite formats along with the supporting documents, duly filled and signed on each page are enclosed in separate sealed envelopes as specified. 3. The Bid Document Fee and Proposal Security are enclosed in the Envelope 1 marked Proposal Fee 4. Punjab State Agricultural Marketing Board / Punjab Infrastructure Development Board and its authorized representatives are hereby authorized to conduct any inquiries / investigation to verify the statements, documents and information submitted in connection with the application and to seek clarification from our banker regarding any financial and technical aspects. This letter of application will also serve as authorization to any individual or authorized representative of any institution referred to the supporting information, to provide such information deemed necessary as requested by yourselves to verify statements and information provided in the application or with regard to the resources, experience and competence of the applicant. 5. The Punjab State Agricultural Marketing Board / Punjab Infrastructure Development Board and its authorized representatives may contact the following persons for any further information: Name of the person (s): Address: Phone: ; Fax:

6. This application is made with full understanding that: (a) The Punjab State Agricultural Marketing Board / Punjab Infrastructure Development Board reserves the right to reject or accept any Bid/Proposal, cancel the bidding process, and/or reject all Bids. (b) The Punjab State Agricultural Marketing Board / Punjab Infrastructure Development Board shall not be liable for any of the above actions and shall be under no obligation to inform the applicant of the same. 7. We, the undersigned declare the statements made and the information provided in the duly completed application forms enclosed, as complete, true and correct in every detail. 8. We hereby confirm that we have read, understood and accepted all the detailed terms and conditions of this RFP Document and Project related Information as required for the Proposal. We have also visited the Project Site/Facility for the assessment and have made our own due diligence and assessment regarding the Project. 9. We agree to keep our Proposal valid for 180 (One Hundred Eighty) days from the Proposal Due Date and not to make any modifications in its terms and conditions not acceptable to The Punjab State Agricultural Marketing Board. Should this Proposal be accepted, we hereby agree to abide by and fulfill all the terms, conditions and provisions of the aforesaid documents. 10. This application is made with the full understanding that the validity of Proposal submitted by us will be subject to verification of all information, terms and conditions submitted at the time of bidding and its final acceptance by The Punjab State Agricultural Marketing Board / Punjab Infrastructure Development Board. We agree that, without prejudice to any other right or remedy, The Punjab State Agricultural Marketing Board / Punjab Infrastructure Development Board shall be at liberty to forfeit the said Proposal Security absolutely. Authorised signatory Date: Name and seal of Bidder Place:

C. Format for Financial Proposal (To be submitted and signed by the Bidder s Authorised signatory on firm s letterhead) Dated: Managing Director, Punjab Infrastructure Development Board (PIDB) S.C.O. 33-34-35, Sector 34-A, Chandigarh Subject: Refurbishment, Operation and Maintenance of the Fruit & Vegetable Market located at Mohali on PPP mode Sir, We hereby submit our Financial Proposal for the captioned Project. If the Project is awarded to us, we agree to make the following payments to The Punjab State Agricultural Marketing Board as per the terms given in the Request for Proposal (RFP) Document. 1. One-Time Upfront Fee of INR 5 Crores 2. Annual Concession Fee of to be paid (To be increased at a rate of 10% every 3 years over the previous Annual Concession Fee) 3. 1% usage fee (by value) of goods traded collected from traders / wholesalers 4. 75% of Upfront Premium collected from Auction of Wholesale / Retail shops We are making this Financial Proposal after taking into consideration all the terms and conditions stated in the RFP Document and after careful assessment of the Project (Fruit & Vegetable Market, Mohali), all risks and contingencies and all other conditions that may affect the Financial Proposal. We agree to keep our offer valid for 180 days from the due date of submission of this Proposal. Authorised signatory Name and seal of Bidder Date: Place:

E. Format for Power of Attorney Know all men by these presents, we/ I. (name and address of the registered office) do hereby constitute, appoint and authorize Mr./Ms..(name and residential address) as our attorney, to do in our name and on our behalf, all such acts, deeds and things necessary in connection with or incidental to our Bid/ Proposal for the project envisaging Refurbishment, Operation and Maintenance of the Fruit & Vegetable Market located at Mohali on PPP mode in Punjab, in the country of India, including signing and submission of all documents and providing information/responses to The Punjab State Agricultural Marketing Board(PSAMB) / Punjab Infrastructure Development Board(PIDB) representing us in all matters before the PSAMB / PIDB and generally dealing with the PSAMB/PIDB in all matters in connection with our Bid/ Proposal for the said Project. We hereby agree to ratify all acts, deeds and things lawfully done by our said attorney pursuant to this Power of Attorney and that all acts, deeds and things done by our aforesaid attorney shall always be deemed to have been done by us. For. Accepted... (Signature) (Name, Title and address) of the Attorney Note: The mode of execution of the Power of Attorney should be in accordance with the procedure, if any, laid down by the applicable law and the charter documents of the executant (s) and when it is so required the same should be under common seal affixed in accordance with the required procedure.

G. Power of Attorney by Each Member of the Consortium in Favour of Lead Member Dated --------- POWER OF ATTORNEY TO WHOMSOEVER IT MAY CONCERN WHEREAS we have decided to participate in the bidding process for the Refurbishment, Operation and Maintenance of the Fruit & Vegetable Market located at Mohali on PPP mode (the Project ) as member of ----------[name of the Consortium] independently, we, ---------------------[name of authorising company/agency], a --------- incorporated under the laws of ------------------, the registered address of which is --------------, to lawfully represent and act on our behalf as the Lead Member of the Consortium to sign any qualification statement, proposal, conduct negotiations, sign contracts, incur liabilities and receive instructions for us and on our behalf and execute all other necessary matters in connection with the Project. We hereby confirm that we are jointly and severally liable, together with other members of the Consortium, to The Punjab State Agricultural Marketing Board / Punjab Infrastructure Development Board for all of the obligations of the Consortium in respect of our qualification statement, technical and financial proposal for the Project, in accordance with the RFP document for the Project issued on ------ and as amended prior to date hereof We hereby ratify and confirm that all acts done by our said attorney ------ (name of lead member) shall be binding on us as if the same has been done by us personally. We hereby also ratify and confirm that if we are selected as the Successful Bidder, then the Lead Member of the Consortium shall sign the Concession Agreement and all the Consortium members shall be jointly and severally liable towards the Project, throughout the Concession Period. IN WITNESS WHEREOF, we have hereunto set our respective hands this day of 2015 in the presence of the following witnesses Witness 1 Witness 2 Signature Signature Name Address Name Address By Signature [the Authorising Company] [Signature of Authorised signing officer] Name Title [Name of Authorised signing officer] [Title of Authorised signing officer]