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"Rh5lx tlxCblx -q~ ·Ptfl~OI~ ~-~O 6/~-02/2010 - ~ \ 3 \ Cs)vJ-?~, ~······;L:·4···:··~r;·;:::"l'L WsrcP, ~tTR~/~,~,~1 \JfC1" ~ ~, ~, ~ I {W1IUI ~~,~, ~I 'l1Cfl PlJ=J~UI~, ~, ~ I ~m~~~,~,~1 ~ RlCBI'l:l ~ 31TCfR1~, ~, ~ I ~1\J1'i1 ~ RlCBI'l:l ~, ~, ~ I PlJlxl;fl ~, ~, ~ I s:rq \JfC1" ~ ~, ~, ~ I BJVft ~, ~, ~ I Standard Bidding Document ~ PlFclGI3lT ~ Joint Venture cf> Xi)lf ~ ~ ~ ~ Joint Venture cf> ~ cf> ~ cf> ~ ~ I Pl~~llj'l:llx ~Cffi" fcr:n:r ~ ~ tllR ~ ~ ~ ~ ~ fcp ~ if ~ Standard Bidding Document cj) Instruction to Bidders Chapter cfi q=;~CBI-4.4 if ~ 10.00 ~ ~ 31fucp ~ICfCliG1t1 ""!lftr cfi PlRl~lm if 'fi~~Cf)1·m Joint Venture cfi ~ -q m ~ Cf)f mert:TR ~ I ~ Joint Venture cfi ~ Criteria ~ Guideline Cf)f ~tr ~ ~ "* CBRUT~ CBI~~~~'i -gg J=Jpf~~~'i ~ ~an ~ ~ m ~ I t1~jfilx '!lR1CB Rlill\(14xit1 ~ 'l:l"!CBlx cfi ~j~\I~'il·4xit1 Standard Bidding Document if Joint Venture "* ~ filJ=Jlr[J Criteria ~ Guideline "ffm Format for joint venture agreement Cf)f"QTClt:lR PlhiClct -FcP<:n "\J1TCff ~ :- .1. Bids from joint venture are only allowed for the works having estimated cost more than 10.00 cr. Bids submitted by a joint venture (JV) of not more than a total of three firms as partners shall comply with the following requirements :- 1.1 There shall be a Joint Venture Agreement (Refer Annexure 1) specific for the contract package between the constituent firms, indicating clearly, amongst other things, the proposed distribution of responsibilities both financial as well as technical for execution of the work amongst them. For the purpose of this clause, the most experienced lead partner will be the one defined. A copy of the Joint Venture agreement in accordance with requirements mentioned in Annexure-I shall be necessarily submitted with the bid. 1.1.1 Alternatively, a letter of intent to execute a JV in the event of successful bid shall be signed by all partners of JV and submitted with the bid together with a copy of the proposed agreement. Pursuant to the foregoing, the JV shall include among other things, the joint' venture's objectives, the proposed management structure, the contribution of each partner to joint venture operation, the commitment of the partners to joint and several liability for due performance, recourse/sanctions within the joint venture in the event of default or withdrawal of any partner and arrangements for providing the required indemnities. 1.1.2 The JV so formed shall also have to be registered with the concerned department after issue of LOA but before the agreement. 1.2 The bid, and in the case of the successful bidder, the form of agreement, etc, shall be signed and lor executed in such a manner as may be required for making it legally binding on all partners (including operative parts of the ensuing contract in respect of Agreement of Arbitration, etc). On award of work, the Form of Agreement and Contract Documents shall be signed by all partners of the Joint Venture to conclude Contract Agreement. 1.3 Lead partner shall be nominated as being partner-in-charge; and this authorization shall be evidenced by submitting a power of attorney signed by the legally authorized signatories of all the partners. 1.4 The partner-in-charge shall be authorized to incur liabilities and to receive instruction for and on behalf of the partners of the Joint venture, whether jointly or severally and entire execution of the Contract (including payment) shall be carried out exclusively through the partner-in-charge. A copy of the said authorization shall be furnished with the bid. 1.5 All partners of the Joint Venture shall be liable jointly and severally for the execution of the contract in accordance with contract terms, and a relevant statement to this effect shall be included in the authorization mentioned under sub clause (1.3) above as well as in the Form of tender and the Form of Agreement (in case of a successful bidder). 1.6 In the event of default, all the partners of the Joint venture will retain the full and undiv

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