Bid / Financial Proposal” mean the information “Financial submitted as per Appendix 12 of this document. Good Industry Practice Good Industry Practice shall mean practices, methods, techniques and standards as changed from time to time that are generally accepted for use in the infrastructure, construction and real estate industry or any other good industry practice which is relevant to the said project. Lead Member / Lead Consortium Member (LCM) In case of a Bidding Consortium, the Lead Member / Lead Consortium Member (LCM) be that Consortium Member vested with the prime responsibility of developing the Project and holding not less than 26% stake in the Consortium. Letter of Acceptance of Acceptance” shall have a meaning as referred in Appendix 10 of “Letter this Document. It means Letter submitted by the Bidder accepting the Award or Intention to Award the Project to the Bidder. Letter of Commitment of Commitment” shall have a meaning as referred Appendix 11 of “Letter this Document. Project shall mean Design, Build, Finance, Operation and Transfer of “Project” Ecotourism & Adventure Park in the City of Rewa, Madhya Pradesh. Project Site mean the area as given in Clause 1.1. Proposal shall mean the Techno Commercial as well as “Proposal” Financial Proposal to be submitted by the Bidders in response to this RfQ cum RfP. Proposal Due Date Due Date” shall have the same meaning as referred to in “Proposal Clause 2.27 of this Document. Responsive / Non-responsive / Non-responsive” shall mean as referred in Clause 2.24 of “Responsive this document. Request for Qualification cum Request for Proposal (RfQ cum RfP) for Qualification cum Request for Proposal” mean this “Request document inviting the submission of to Design, Build, “Proposal”
“Financial Bid / Financial Proposal” mean the information submitted as per Appendix 12 of this document. Good Industry Practice Good Industry Practice shall mean practices, methods, techniques and standards as changed from time to time that are generally accepted for use in the infrastructure, construction and real estate industry or any other good industry practice which is relevant to the said project. Lead Member / Lead Consortium Member (LCM) In case of a Bidding Consortium, the Lead Member / Lead Consortium Member (LCM) be that Consortium Member vested with the prime responsibility of developing the Project and holding not less than 26% stake in the Consortium. Letter of Acceptance “Letter of Acceptance” shall have a meaning as referred in Appendix 10 of this Document. It means Letter submitted by the Bidder accepting the Award or Intention to Award the Project to the Bidder. Letter of Commitment “Letter of Commitment” shall have a meaning as referred Appendix 11 of this Document. Project “Project” shall mean Design, Build, Finance, Operation and Transfer of Ecotourism & Adventure Park in the City of Rewa, Madhya Pradesh. Project Site mean the area as given in Clause 1.1. Proposal “Proposal” shall mean the Techno Commercial as well as Financial Proposal to be submitted by the Bidders in response to this RfQ cum RfP. Proposal Due Date “Proposal Due Date” shall have the same meaning as referred to in Clause 2.27 of this Document. Responsive / Non-responsive “Responsive / Non-responsive” shall mean as referred in Clause 2.24 of this document. Request for Qualification cum Request for Proposal (RfQ cum RfP) “Request for Qualification cum Request for Proposal” mean this document inviting the submission of “Proposal” to Design, Build,
MPEcoTenderDoc.docx