Request For Proposal

1. Salient terms of Eligibility Criteria (not the entire terms)

A. Basic/General Eligibility Criteria

• (i) The Bidder shall be a body corporate validly incorporated and existing under the Applicable Laws;
• (ii) The Bidder shall not be eligible to submit the Bid or shall be summarily disqualified or such Bidder's Bid shall not be evaluated if it or its Affiliate(s), any of its directors or key personnel has been barred or blacklisted by DIAL or any of its group entity as on the bid due date.
• (iii) The Entity shall not be eligible to submit the Bid and if submitted, it shall be summarily disqualified and not evaluated where any winding-up, insolvency, liquidation, dissolution or bankruptcy petition, whether voluntary or otherwise, has been filed in the jurisdictional court or authority by or against such entity.
• (iv) The Bidder shall not be a consortium for the purpose of bidding for the said RFP.

B. Specified Eligibility Criteria

I. Technical Eligibility Criteria

The Bidder, either itself or through any of its Affiliate shall have developed and / or operated, managed, and maintained:

• A. Convenience/ CTN* OR
• B. Packed Food**

Outlets at minimum 1 (One) Indian airport having a minimum annual passenger traffic of 40 mn in Financial Year 2023-24.

*Convenience / CTN – shall include Confectionery, Books & Magazines, Travel and Convenience Accessories, Non-Alcoholic beverages, Souvenirs

** Packed Food – shall include Confectionery, Indian Sweets & Savouries

II. Financial Eligibility Criteria

• (i) The Bidder, either itself or through any of its Affiliate shall have annual Turnover of at least INR 100 Cr in Financial Year 23-24 from the operations at airport(s)
• (ii) The Bidder shall have positive Net Worth (on its own) in last 03 consecutive Financial Years (. Financial Year 21-22, . Financial Year 22-23 and . Financial Year 23-24) as per audited Financial Statements.

Notes:

• (i) Bidder shall submit duly self- certified copy of the certificate of incorporation / certificate of commencement of business (wherever applicable) and confirmation of compliance with other requirements of Basic/General Eligibility Criteria as mentioned above.
• (ii) The Bidder shall submit Certificates/Undertakings/Documents, including supporting contracts for such airport for which the Eligibility Criteria is claimed, in order to establish the Bidder’s Technical Eligibility Criteria. In the event, the Bidder is relying on the experience of its Affiliate for satisfying the Technical Eligibility Criteria, the documents of Affiliate are to be submitted.
• (iii) The Bidder shall submit certificate from a registered Chartered Accountant confirming the annual turnover of Rs 100,00,00,000/- (Indian Rupees One Hundred Crore Only) for the Financial Year 2023-24. In the event, the Bidder is relying on the experience of its Affiliate for satisfying the Financial Eligibility Criteria, the CA Certificate confirming the required annual turnover for such Affiliate is to be submitted.
• (iv) The Bidder shall submit certificate from a registered Chartered Accountant confirming that it has positive Net Worth in last 03 consecutive Financial Years i.e. Financial Year 21-22, Financial Year 22-23 and Financial Year 23-24. The certificate shall also provide for the detailed working of the Net Worth of all these Financial Years.
• (v) “Affiliate/ Group Entity” with respect to an entity shall mean any person which, (a) Controls such entity, (b) is Controlled by such entity, or (c) is Controlled by the same person who, Controls such entity.
• “Control” shall mean: (i) the right to appoint majority of the directors or to control the management or policy decisions exercisable by a person acting individually, directly or indirectly, including by virtue of their shareholding or management rights or shareholders’ agreements or voting agreements or in any other manner; or (ii) to have the direct and / or indirect shareholding (cumulative) of more than 50% (Fifty percent) in the issued and paid-up share capital whether itself and/ or through one or more subsidiaries. The terms “Controls” and “Controlled by” shall be construed accordingly.

2. The Interested Parties shall submit the following documents to DIAL at the email id DIAL.CTNRFP@GMRGROUP.IN;

• (i) Scanned copy of the duly signed Confidentiality Undertaking (as attached in the link provided below) by the authorized signatory of the Interested Party along with the Board Resolution in the favour of the person signing the Confidentiality Undertaking;
• (ii) Documents to establish the Basic/General Eligibility Criteria and Specific Eligibility Criteria (Technical Eligibility Criteria & Financial Eligibility Criteria), as mentioned above.

3. Upon receipt of the above said documents, DIAL either, through itself or through its representative will review the details and documents furnished by the Interested Party(ies), and thereafter, share the RFP and the License Agreement to such Interested Party(ies) who are found eligible as per the Eligibility Criteria provided in this document.

4. DIAL reserves the right to: (i) not release or furnish the RFP and the License Agreement and / or any information contained therein to any interested party(ies) without assigning any reasoning whatsoever; or withdraw the RFP and the License Agreement.

5. The detailed Bid Schedule, other requirements of the License shall be provided in the RFP and the License Agreement.

To Download the Confidentiality Undertaking document - Click here