Mormugao Port Trust Tender

Annual Concession Fee (ACF) payable before Appointed Date and its subsequent anniversaries, subject at an escalation computed at 4% p.a. Note: In case of discrepancy between quoted figures and words, the considerations in words will be considered for evaluation. I/We agree that the consideration above shall be payable as per the provisions of O&M Agreement. In addition to the consideration above, I/We agree to pay to Mormugao Port Trust, on an annual basis and as per provisions of the O&M Agreement: • Land License Fee o Rate of Land License Fee – [INR 70 per sqm per month] of Commercial Land Area per month o The First Land License Fee shall be payable before Appointed Date. o The Land License Fee for every subsequent year shall be payable in advance before each anniversary of the Appointed Date and shall be escalated at [2%] annually on compounded basis. o The total land area of the Project has been designated as either Operational Land Area or Commercial Land Area. No Land License Fee shall be applicable on Operational Land Area. o Commercial Land Area to be considered for computation of Land License Fee: 9,440 sqm o Please refer to Article 9 of the Draft O&M Agreement for details. • Building License Fee o To be computed at [INR 350 per sqm per month] of Commercial Built-up Area per month. o Commercial Built-up Area to be considered for Building License Fee calculation: 5,982 sqm o First Building License Fee shall be payable before Appointed Date. o Building License Fee shall be subject to a [5%] year-on-year escalation on compounded basis. o Payable every year in advance on the anniversary of the Appointed Date. o Please refer to Article 9 of the Draft O&M Agreement for details. We have reviewed all the terms and conditions of the Request for Proposal including the Draft O&M Agreement and would undertake to abide by all the terms and conditions contained therein. We hereby declare that there are, and shall be, no deviations from the stated terms in the RFP Document.