Request For Proposal

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

A. Basic Eligibility Criteria-

(i) The Interested Party shall be a body corporate validly incorporated and existing under the applicable laws;
(ii) The Interested Party shall not be a consortium for the purpose of bidding for the said RFP;
(iii) The Interested Party shall not be an entity having any direct and / or indirect stake in any airline operator. Further any airline operator shall also not have any stake in the Interested Party, whether directly and / or indirectly.
(iv) The Interested Party or its Affiliate(s) or any of its directors or key personnel shall not be barred or blacklisted/debarred by DIAL or any of its group entity as on the bid due date.

B. Specific Eligibility Criteria

I. Technical Eligibility Criteria:

1. The Interested Party either itself or through any of its Affiliate shall be a company having experience of operating & managing one or more lounges at minimum 3 (three) airports in India during last financial year 2024-2025.
2. The Interested Party either itself or through any of its Affiliate shall be a company having minimum 1 (one) year experience of operating & managing at least one of such lounges at airports in India.

II. Financial Eligibility Criteria:

1. The Interested Party either itself or through any of its Affiliate, shall have an annual turnover of at least Rs.100,00,00,000/- (Rupees One Hundred Crores only) in financial year 2023-24, duly certified by a registered and practicing Charted Accountant.

NOTE

(i) In the event the Interested Party is relying on the experience of its Affiliate, then requirement of having minimum annual turnover of INR 100,00,00,000 (Indian Rupees One Hundred Crore Only) in financial year 2023-24 shall be required to be met by one Affiliate only. There may be one or more Affiliates to meet Technical Eligibility Criteria.
(ii) The Interested Party shall submit self-certified copy of the audited financial statement for the relevant financial years 2023-24 confirming the turnover as mentioned herein above;
(iii) Interested Party shall submit Certificates / Undertakings / Documents, including supporting contracts, in order to establish the Interested Party’s Technical Criteria;
(iv) Interested Party 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 Eligibility Criteria as mentioned above.
(v) Interested Party may submit the above details along with supporting documents, either for itself or for its Affiliate(s), as the case may be.

Definition

(i) “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.
(ii) “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.

1. Interested Parties shall submit the following documents to DIAL at the email id DIAL.RFP@GMRGROUP.IN

2. 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;

3. Documents to establish the Basic Eligibility Criteria and Specific Eligibility Criteria as mentioned above.

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

5. DIAL reserves the right to: (i) not release or furnish the Request For Proposal (RFP) and / or any information contained therein to any Interested Party(ies) without assigning any reasoning whatsoever; (ii) or withdraw the RFP.

6. The detailed bid schedule, other requirements of the License are provided in the RFP and the License Agreement.

To Download the Confidentiality Undertaking document - Click here