Central Warehousing Project

Dear Warehousing Investor,

As you know that CWC (Central Warehousing Corporation) has invited Application for Warehousing Project in various location of India.

Application has been invited for Selection of developer for:

Development, design, construction, financing, procurement, engineering, Operation and Maintenance of Warehouse Complex at various Locations under Design, Build, Finance, Operate and Transfer (DBFOT) model.

Last Date for Submitting Application is: 01.02.2024, 03:00 PM

Right now, CWC has invited the Application on his owned Land.

Project Locations are as

Sr. No.	Site Location	State	Latitude, Longitude	Total Plot Area (Acres)	Offered Area (Acres)	Estimated Project Cost (INR Cr)
1	Bhavnagar	Gujarat	21.77992, 72.17399	5	5	16.4
2	Rajkot I	Gujarat	22.32668, 70.79846	5.52	5.52	18.03
3	Rajkot II	Gujarat	22.30098, 70.83637	4.13	4.13	13.49
4	Ahmedabad	Gujarat	22.99763, 72.58688	9.97	9.97	32.57
5	Jamnagar	Gujarat	22.4727, 70.10967	7	7	22.87
6	Kota I	Rajasthan	25.1649, 75.85985	7	7	27.44
7	Kota II	Rajasthan	25.14501, 75.86248	14.82	14.82	71.94
8	Chandigarh	Chandigarh (UT)	30.69944, 76.79282	3.97	3.97	12.97
9	Fazilka	Punjab	30.4125414605214, 74.0351237895334	4.14	4.14	18.2
10	Muktsar	Punjab	30.476110791976, 74.5022977982844	3.94	3.94	18.00
11	Guntur	Andhra Pardesh	16.2909193866576, 80.422563838489	9.91	9.91	48.00
12	Jangaon	Andhra Pardesh	17.7279874882949, 79.1557779148761	3.84	3.84	18.00
13	Kadapa (Part-1)	Andhra Pardesh	14.4515151690759, 78.8402643671896	24.12	24.12	38.43
14	Kadapa (Part-2)	Andhra Pardesh	14.4515151690759, 78.8402643671896	2.34	2.34	8.66

1. Who Can Apply ?

Bidder may be Any Individual/Firm/Company or a Consortium of Members who has met out the parameters of technical and financial Capacity as prescribed in the tender documents.

If a Bid is submitted by a JV/Consortium, minimum equity stake in the SPC, at the time of signing of Agreement, of any member in JV/Consortium, whose credentials are being evaluated for the purpose of determining eligibility, shall not be less than 26%.

2. Bid Document Fee ?

Bid document Fee of Rs.35,400/- (Rupees Thirty-Five Thousand and Four Hundred only) including GST to be paid by the bidder before submission of the Bid.

3. Technical Capacity

The Bidder shall, at any time in the 5 (five) financial years immediately preceding the Bid Opening Date, by itself or through its Associate entities, should have satisfactorily completed or is operating or maintaining the works as mentioned below:

One similar completed work having Project cost not less than 80% of the total estimated project cost as per the data sheet.
Two similar completed works, each having Project cost not less than 60% of the total estimated project cost as per the data sheet.
Three similar completed works, each having Project Cost not less than 40% of the total estimated project cost as per the data sheet.

Similar Works shall be deemed to include, ports, airports, railways, metro rail, road and highways, industrial parks/ estates, logistic parks, real estate development and core sector projects. Real estate development shall not include residential flats, Core Sector Projects includes Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity.

4. Financial Capacity

Apart from the Technical Capacity, A bidder need to comply with the parameter of Financial Capacity.

Net Worth of the Bidder should not be less than 50% of the cumulative Estimated Project Cost of all the sites that the bidder is bidding for during the close of the previous Financial Year.

The term “Net worth” shall have the following meaning:

“Net Worth” shall mean (Subscribed and Paid-up Equity Capital (not to include any Share Application Money/Preference Share Capital) including Equity/Security Premium+ General Reserves Less (Revaluation Reserves +Accumulated Losses + Miscellaneous Expenditure not written off + Accrued Liabilities not accounted for + Intangible Assets).

In case Members of a Consortium are aggregating their individual experiences to qualify,

The Net worth must be provided separately for each Member duly signed by the respective statutory auditors/ chartered accountants.

For those Individual / Proprietor whose accounts are not required to be audited as per the law “Statutory Auditor” will be replaced with Chartered Accountant.

5. Tenure of Project

Period: The Concession Period shall be of 45 Years commencing from date of Agreement.

6. Earnest Money Deposit (EMD)

The amount of Earnest Money Deposit (EMD) for this RFP is Rs 8,00,000/- (Rupees Eight Lakh Only). EMD of Rs. 8,00,000/- is to be deposited irrespective of number of locations.

7. Financial Bid

The revenue generated by the project will accrue to CWC through the CWC Escrow Account, as provided in the Concession Agreement. From the total revenue received in the CWC Escrow Account, CWC shall pay 95% of the Total Turnover (as defined herein) receipts to the Concessionaire as O&M Fee.

The balance amount, subject to a Minimum Guarantee Revenue Share (amount as quoted by the Successful Bidder), shall be retained by CWC.

The quoted Minimum Guaranteed Revenue Share amount shall have upward revision of 15% every 3 years till the end of the Concession Period and any extension there to.

The bidder will be required to quote the Minimum Guarantee Revenue Share in Indian Rupees.

The Financial Bids will be Ranked Site/ Location Wise on the basis of the highest quoted Minimum Guarantee.

8. Uses and Let out the Warehouse Complex:

Bidder shall be free to use the Warehouse Complex either for self uses or for let out purpose for storage activities or any allied activities of warehousing and logistic business subject to the norms of CWC during the agreement period.

Whatever the revenue generated from the said warehouse complex, need to be consider for revenue sharing as per decided agreement.

For, more information on this you are requested to contact our KIP subsidy helpline on Mail – sales@kipfinancial.com and Contact Number- +918683898080

KIP Financial Consultancy Pvt. Ltd.

DSB – 38, Red Square Market, Hisar – 125001 (HR)