BANGLADESH POWER DEVELOPMENT BOARD (BPDB) Section III … · 2019-10-22 · bangladesh power...
Transcript of BANGLADESH POWER DEVELOPMENT BOARD (BPDB) Section III … · 2019-10-22 · bangladesh power...
BANGLADESH POWER DEVELOPMENT BOARD (BPDB)
Section III of Bid Document: QUALIFICATION DOCUMENT
FOR
IMPLEMENTATION OF
"GRID TIED ROOFTOP SOLAR PV SYSTEM INSTALLATION ON
GOVERNMENT BUILDING" ON BUILD, OWN AND OPERATE (BOO) BASIS
AT
JAMALPUR DISTRICT TOWN, BANGLADESH
JULY, 2018
2
SECTION I
QUALIFICATION
FOR
SELECTION OF BIDDERS TO SUBMIT PROPOSALS TO DEVELOP GRID TIED
ROOFTOP SOLAR PV SYSTEM ON GOVERNMENT BUILDING ON BOO BASIS AT
JAMALPUR DISTRICT TOWN, BANGLADESH
A. DEFINITIONS
For purposes of this QUALIFICATION Document, the following capitalized terms shall
have the following meanings:
“Bidder” means any single entity or consortium of entities submitting a Qualification Statement
and Proposal with the intent to be qualified as Project Sponsor.
“Bid” means Bidder's Qualification Statement to be treated as Part-1 and the Proposal to be
treated as Part-2.
“Bid Date” means 1200 Hours BST (Bangladesh Standard Time) on September 16, 2018.
"BAS" means Bangladesh Accounting Standard.
"BERC" means Bangladesh Energy Regulatory Commission.
"BPDB" means Bangladesh Power Development Board.
“Business Day” means a day on which banks and government offices are open for business in
Bangladesh.
"CDM" means Clean Development Mechanism [CDM], which was devised to help developed
countries to meet their Green House Gas [GHG] Emission Reduction targets in a cost effective
manner by allowing them to acquire Certified Emission Reduction [CERs] from abatement
projects in developing countries.
“Commercial Operations Date” means the date falling one day after the day on which the
Project is commissioned to operate on a commercial basis.
“Current Assets” means, in relation to a given entity, the number indicated as “current assets”
on such entity’s most recent balance sheet prepared in accordance with IAS/ BAS.
“Current Liabilities” means, in relation to a given entity, the number indicated as “current
liabilities” on such entity’s most recent balance sheet prepared in accordance with IAS/ BAS.
“Current Ratio” means, in relation to any given entity, the result obtained by dividing its
Current Assets by Current Liabilities.
“GAAP” means the standard accounting rules, regulations, and procedures established by US
Financial Accounting Standards Board (or the comparable organization in the relevant country)
to prepare financial statements and accounts, which rules, regulations and procedures have been
approved by the regulator of companies and securities in the domicile of the relevant Member
with jurisdiction over the relevant Member; provided that the financial statements prepared in
accordance with such rules, regulations and procedures present an accurate description of the
financial condition of the Bidder or Member and do not include or fail to include any statements
or information or adjustments thereto which make the financial statements false, deceptive or
misleading, the conformance of the financial statements to be delivered in connection with this
3
Qualification Document with GAAP (or with IAS, as the case may be) shall be affirmed by the
auditors who audit such financial statements.
“IAS” means International Accounting Standards.
“Lead Member” means, in relation to a consortium Bidder, the member of such consortium
who fulfills the criteria set forth in Clause 1.2.1 of Section II-A.
“Litigation” means, litigation and/or suit and/or case and/or arbitration and/or trial and/or any
kind of dispute before in the court or tribunal.
“Member” means, in respect of a consortium Bidder, each entity (other than a natural person)
that is a part of the consortium Bidder and has agreed to contribute equity in the Company as
and when required to implement the Project on a timely basis.
“MW” means megawatt.
“Net Worth” means, in relation to any entity, such entity’s Total Assets minus its Total
Liabilities.
“Operating Member” means, in relation to a consortium Bidder, the member of such
consortium who fulfills the criteria set forth in Clause 1.2.2 of Section II-A.
“Other Member” means, in relation to a consortium Bidder, the Member who are not Lead
Member and/or Operating Member of the consortium.
“Qualified Bidder” means, a Bidder who is determined to meet the criteria outlined in Section
II of this Qualification Document.
“Project” means the "Grid tied rooftop solar PV system installation on government building" on
BOO basis at Jamalpur district town, Bangladesh which are to be designed, financed, constructed, owned, operated and maintained by the Project Company.
“Project Agreements” means, collectively, Power Purchase Agreement (PPA) to be signed
between Bangladesh Power Development Board (BPDB), or their respective legal successors,
other public sector entities and the Project Company, Implementation Agreement (IA) with GOB
and Rooftop Lease Agreement (RLA) with the Building Owner.
“Project Company” means a company duly incorporated under the Laws of Bangladesh by the
Project Sponsor, which will execute the Project Agreements for the Project.
“Project Sponsor” means the Qualified Bidder who will be selected as the developer for the
Project.
“Proposal” means the proposal, including the technical and financial proposals submitted by the
Bidder against RFP, and on which the determination of the Bidder to be designated by BPDB as
the Project Sponsor shall be made.
“Qualification Statement” means a statement containing all of the information requested in
Section II-A, which shall be submitted in the form attached hereto as Annex A-2.
“Request For Proposals” means the document which shall specify the technical and financial
requirements for the Project.
“Total Assets” means, in relation to any entity, the total consolidated assets of such entity and
its subsidiaries measured in accordance with IAS/ BAS/GAAP for such entity’s most recent
4
financial year.
“Total Debt” means, in relation to any given entity, the total of all such entity’s interest bearing
obligations.
“Total Equity” means, in relation to any entity, the total consolidated equity of such entity and
its subsidiaries measured in accordance with IAS/ BAS/GAAP for such entity’s most recent
financial year.
“Total Liabilities” means, in relation to any entity, the total consolidated liabilities of such
entity and its subsidiaries measured in accordance with IAS/ BAS/GAAP for such entity’s most
recent financial year.
“USD” means the United States Dollar;
“Week Member” means, in relation to a consortium Bidder, an Other Member who holds less
than 5% equity interest in the consortium.
B. INSTRUCTIONS FOR BIDDERS
1. General (a) All requested information shall be submitted to Secretary, Bangladesh Power
Development Board (BPDB) by the Bidder in the English language.
(b) Qualification decisions will be made solely on the basis of an Bidder’s Qualification
Statement, which should be submitted in the form of Annex A-2. No supplemental or
other information will be accepted other than responses from Bidders to clarifications
which have been specifically requested by Bangladesh Power Development Board
(BPDB).
(c) The Qualification Statement should be accompanied by an indication of interest in the
form of Annex A-1, which should be signed by a person or persons duly authorized to
sign on behalf of the Bidder. If the Bidder is a consortium, the Qualification Statement
should be signed by a person or persons duly authorized to sign on behalf of the Lead
Member of the consortium. Consortium Bidders should submit a duly-executed signing
authorization form in the form of Annex A-3.
(d) Bangladesh Power Development Board (BPDB) will not enter into any correspondence
with Bidders except to seek clarification, if and when necessary.
(f) Bidders may seek clarification from BPDB on the qualification process and criteria by
submitting a request for clarification in writing to Bangladesh Power Development
Board (BPDB) at the address given in this QUALIFICATION Document. Although
BPDB will attempt to respond to all reasonable queries, it is under no obligation to do
so, and may decline to respond to any query or request for clarification at its sole
discretion.
(g) All queries must be received at least 20 (twenty) calendar days before the Bid
Submission Date.
(h) Any documents submitted by Bidders will not be returned.
5
SECTION II
A. QUALIFICATION CRITERIA
1. Composition of Bidder
1.1 Bidders may apply either individually or as a consortium. Individual Bidders should not
be natural persons.
1.2 If a consortium is submitting a Qualification Statement, the consortium must include one
or more entities that are able to discharge the responsibilities of the Lead Member and the
Operating Member as set forth below.
1.2.1 The Lead Member of the consortium:
• Must hold at least 51% of the equity interests in the consortium vehicle
(either directly or through a majority-owned special purpose project
subsidiary);
• Must meet the financial criteria set out in Section 2; and
• Must meet the technical criteria set out in Section 3 (to the extent not met by
the Operating Member or another member of the consortium).
1.2.2 The Operating Member of the consortium:
• Must hold at least 20% of the equity interests in the consortium vehicle
(either directly or through a majority-owned special purpose project
subsidiary); and
• Must meet the technical criteria set out in Section 3 (to the extent not met
by the Lead Member or another member of the consortium).
1.2.3 The Lead Member and the Operating Member may be the same entity.
1.2.4 Neither the Lead Member nor the Operating Member may be a natural person.
1.3 A Bidder that is a consortium should provide the information requested in Section A
of the Qualification Statement detailing the respective roles and ownership interests of
the various members of the consortium.
1.4 Changes in the composition of a consortium Bidder prior to the submission of the
Tender for the Project may be permitted, subject to the following conditions and prior
approval of Bangladesh Power Development Board (BPDB):
1.4.1 No changes in the members of a consortium Bidder are permitted which would
result in either (a) a change to the Lead Member or the Operating Member of the
consortium or (b) the failure by the consortium to meet any of the criteria set out in
Section 2 or Section 3;
1.4.2 Qualified Bidders shall not be permitted to form a consortium to submit a Tender.
1.4.3 Failure to comply with any of the requirements set forth in this Section 1.4 may
result in immediate disqualification by Bangladesh Power Development Board (BPDB)
of the consortium’s submission of Tender.
6
2. Financial Criteria
2.1 The Bidder (or, in the case of a consortium Bidder, the Lead Member) shall include the
following information in its Qualification Statement along with supporting documents:
2.1.1 Solar Power Generation Projects/Power Generation Projects/Other Projects in
respect of which it has successfully raised equity financing of at least USD 0.5
million or equivalent BDT in aggregate in the past 15 years in the aggregate; and
2.1.2 Solar Power Generation Projects /Power Generation Projects/Other Projects in
respect of which it has successfully raised debt financing of at least USD 3.0
million or equivalent BDT in the past 15 years in the aggregate;
2.2 The Bidder (or, in the case of a consortium Bidder, each member of the consortium)
should also provide the following financial information in the manner prescribed in the
Qualification Statement Form:
2.2.1 Certified copies of its audited balance sheets for immediate past three fiscal
years, which should be prepared in accordance with IAS/ BAS/GAAP and
demonstrate the following:
• Profitability in 2 of the last 3 fiscal years;
• A Current Ratio (i.e. current assets divided by current liabilities) of no less
than 1:1 in 2 of the last 3 fiscal years;
• A Net Worth equal to or in excess of USD 0.5 million or equivalent BDT in 2
of the last 3 fiscal years;
provided, that, if one Member of a consortium that holds and will hold less than 5% of
the equity interest in the consortium and in the Company vehicle cannot satisfy the
financial requirements in this Section 2.2 (a 'Week Member'), the consortium Bidders
may nonetheless satisfy the qualification criteria required herein by delivering as a part
of qualification statement an Undertaking of the Lead Member and/or the Operating
Member (or a combination of them) addressed to Bangladesh Power Development
Board (BPDB) undertaking and agreeing that the Lead member and/or the operating
member, as the case may be, shall invest the equity of the member who cannot satisfy
the financial test in this section 2.2.1 to ensure the required equity investment for the
project.
2.2.2 If the Bidder is a consortium, the net worth requirement mentioned in
Section shall be split up among the consortium members, proportionate to
their equity share in the consortium. All members of the consortium must
fulfill the net worth requirement in proportion to their equity share in the
consortium.
2.3 A Bidder (or, in the case of a consortium Bidder, the Lead Member) may bypass the
financial requirements of Section 2.2.1 if it can demonstrate that it has total assets in
excess of USD 12 million or equivalent BDT and the Net Worth equal to USD 6.0
million or equivalent BDT . In addition to that all other members of the consortium must
fulfill the net worth requirement in proportion to their equity share in the consortium
audited balance sheet for most recent financial years. A Bidder or consortium member
that wishes to avail itself of the exemption in this Section 2.3 must substantiate its claim
by attaching to the Qualification Statement its audited balance sheets for the
immediately preceding fiscal year, which should be prepared in accordance with IAS/
BAS/GAAP.
7
3. Technical Criteria
3.1 Development Experience
3.1.1 The Bidder (or, in the case of a consortium Bidder, the Lead Member or the
Operating Member) must provide details in its Qualification Statement evidencing
its successful development of Solar Power Generation projects with an aggregate
capacity of 500 kWp or more within last 15 years including at least one grid tied
solar power project capacity of 20 kWp or more, which is connected to the
national power grid in the country in which such project is located.
3.1.2 For purposes of determining compliance with the requirements of Section
3.1.1, “successful” development means all the following:
• Having brought the project to commercial operations.
Bidder will be required to provide in its Qualification Statement a list of the projects that
it wishes to cite in fulfillment of the criteria set out in this Section 3.1.2.
3.1.3 For purposes of calculating an Bidder’s aggregate project experience to determine
compliance with the criteria described in Section 3.1.1, only projects in which the
Bidder (or, in the case of a consortium Bidder, the Lead Member or Operating
Member) held a majority ownership interest at the time at which such projects
achieved commercial operation will be counted.
4. Other Criteria
4.1 The Bidder shall provide the Bid Security in the form of an irrevocable and unconditional
bank guarantee, issued by a scheduled bank in Bangladesh or by a foreign bank which has
been authenticated by a scheduled bank in Bangladesh and shall by it’s terms be
encashable at a bank in Dhaka, Bangladesh in the format and language as provided in
Annex C, Exhibit I, Attachment I-2 (entitled “Bid Security”) of the RFP payable to BPDB
upon presentation to a bank in Bangladesh amount of USD 5000 or equivalent BDT of the
offered capacity.
In case of consortium Bidder, each consortium Member shall provide its own Bid Security
on a proportionate shareholding basis as mentioned in the joint venture or consortium
agreement. The Weak Member, who is unable to submit the Bid Security based on its
proportionate shareholding in the consortium, in such case, either the Lead Member shall
submit the portion of the Bid Security of the Weak Member along with its own Bid
Security.
4.2 The validity of the Bid shall be for 9 (nine) months from the Bid Date.
4.3 The Bidder (or, in the case of a consortium Bidder, each member of the consortium) must
not have had a Material Dispute resolved against it in the past 10 years. For purposes of
this Section 4, a “Material Dispute” is any dispute where either (a) the amount in dispute
was at least USD 0.15 million or equivalent BDT or (b) termination of a material project
agreement was sought.
4.4 Each Bidder must provide details in its Qualification Statement on any Material Disputes
which are either pending or have been resolved against it (or, in the case of a consortium
Bidder, any member of the consortium). If an Bidder (or, in the case of a consortium
Bidder, any member of the consortium) has a Material Dispute which is pending against it
as of the Qualification Closing Date and such Material Dispute is subsequently resolved
8
against the Bidder or such consortium member, the Bidder will be disqualified.
4.5 The Bidder must attach to its Qualification Statement, in the order set forth in the annex to
the Qualification Statement, certified true copies of the documents listed in that annex.
4.6 Each Bidder must pay a non-refundable processing fee of BDT 10,000 (Taka Ten
thousand only ) upon the submission of its Qualification Statement. The processing fee
should be paid by an international bank draft encashable in any scheduled bank in
Bangladesh or local bank draft made payable to “Secretary, BPDB” and should
accompany each Bidder’s Qualification Statement.
5. Exclusion Criteria
5.1 Bidders will be disqualified from the qualification process in any of the following
events:
5.1.1 Non compliance with any of the evaluation criteria and/or the requests and/or the
conditions set up in the Qualification Document or failure by a Bidder to provide any of
the required information or documentation in its Qualification Statement.
5.1.2 If any of the information submitted by a Bidder is found at any time during or after the
qualification process to have been inaccurate or misleading.
5.1.3 If a Material Dispute that is pending against a Bidder (or, in the case of a consortium
Bidder, any member of the consortium) as of the Bid Closing Date and such Material
Dispute is subsequently resolved against the Bidder or such consortium member.
5.1.4 Incomplete presentation of the documents or information requested.
5.1.5 Any clarifications requested by Bangladesh Power Development Board (BPDB) from a
Bidder are not received by a deadline reasonably set by BPDB.
5.1.6 Any consortium member participating as either a Lead Member or an Operating
Member with more than one Bidder.
6. Rejection Clause
6.1 Bidders shall be disqualified from the Qualification process in any of the following events:
6.1.1 The Bid Security amount is less than the required amount as mentioned in this Bid
Document
6.1.2 If the Bid Security has not been submitted as per clause no 4.1 and 4.3.
6.1.3 If any Litigation is pending as mentioned in Clause 4.3 as of the Bid Date.
6.1.4 Bidder offering the Required Commercial Operations Date beyond fifteen (15) Months.
6.1.5 Any Bidder or consortium Member participating in more than one Bid for a particular
Package.
6.1.6 The Bidders who has participated in the bidding process beyond the terms and conditions
as ascribed in the heading of "ENTITLEMENT FOR PARTICIPATION IN THE BIDS" in
Section 13 of the Bid Document.
9
ANNEX A
THIS QUALIFICATION STATEMENT CONSISTS OF THE FOLLOWING FORMS
AND ANNEXES
a. A Qualification Cover Letter (Annex A-1), which should be signed by each Bidder
(or, in the case of a consortium Bidder, each member of the consortium).
b. A Qualification Statement Form (Annex A-2), which should be signed by an
authorized signatory of each Bidder.
c. A Signing Authorization Form (Annex A-3), which should be signed by each Bidder
(or, in the case of a consortium Bidder, each member of the consortium).
d. Each of the following annexes:
Annex A Certified true copies of the constitutional documents of the Bidder (or,
in the case of a consortium Bidder, constitutional documents of each
member of the consortium), together with certified English language
translations of such documents where the originals of such documents
are not in the English language.
Annex B (only for consortium Bidders) Certified true copy of the consortium
agreement detailing the terms on which the consortium has been
established, which should include the following information: -
Identification of the Lead Member and Operating Member of the
consortium; and Extent of shareholding of each member in the
consortium.
Annex C (only for Bidders who have responded affirmatively to Question 1 of
Part B of the Qualification Statement) Certified true copies of the
Bidder’s audited balance sheets (or, in the case of a consortium Bidder,
the audited balance sheets of the Lead Member) for the most recent
financial year, which should be prepared in accordance with
International Accounting Standards (IAS)/ Bangladesh Accounting
Standards (BAS)/ GAAP and evidence total assets of USD 12 million or
equivalent BDT and Net Worth equal to or in excess USD 6 million or
equivalent BDT .
Annex D (for Bidders who did not respond affirmatively to Question 1 of Part B
of the Qualification Statement) Certified true copies of the Bidder’s
audited balance sheets (or, in the case of a consortium Bidder, the
audited balance sheets of each of the consortium member) for the past
three fiscal years, which should be prepared in accordance with
International Accounting Standards (IAS)/ Bangladesh Accounting
Standards (BAS) and demonstrate the following according to the
Section 2.2.1:
-Profitability in 2 of the last 3 fiscal years;
-A Current Ratio (i.e. current assets divided by current liabilities)
of no less than 1:1 in 2 of the last 3 fiscal years;
-A Net Worth equal to or in excess of USD 0.5 million or
equivalent BDT in 2 of the last 3 fiscal years;
Annex E Documents in support of raising equity and debt; project development
experience following the criteria set in 2.1.1, 2.1.2 and 3.1
10
ANNEX A-1
QUALIFICATION COVER LETTER To: Secretary
[INSERT DATE]
From: [INSERT BIDDER NAME & ADDRESS]1
The Bidder, [INSERT NAME], through this letter is requesting participation in the qualification
process for "Grid tied rooftop solar PV system installation on government building" on BOO
basis at Jamalpur District Town, Bangladesh, (the “Project”) in the People’s Republic of
Bangladesh.
The Bidder hereby declares, in accordance with Section II of the Qualification Document that it:
(a) Authorizes Bangladesh Power Development Board (BPDB) to proceed with the due
diligence necessary to verify the information presented by the Bidder in connection with the
qualification process;
(b) Confirms the veracity of the information presented by the Bidder in this Qualification
Statement and otherwise in connection with the qualification process;
(c) [Has not participated in the qualification process through another Bidder either directly or
through its subsidiaries and/or affiliates.]
The Bidder confirms that it accepts the qualification criteria as stipulated in the Qualification
Document dated [INSERT DATE OF QUALIFICATION DOCUMENT] in relation to the
implementation of the Project and waives any right to seek and obtain any court injunction or
restraining order against the Government of the People’s Republic of Bangladesh or Ministry of
Power, Energy and Mineral Resources or any other government authority involved in the
implementation of the Project to prevent or restrain the qualification process, the holding of a
tender, the award of any related contract or any proceedings related thereto.
Yours sincerely,
[Name of Bidder]3
1Consortium Bidders should include the name and address of each member of the consortium.
2Consortium Bidders should have each member of the consortium execute the cover letter.
3This form to be notarized.
11
ANNEX A-2
QUALIFICATION STATEMENT FORM
Date of submission: ______________________
A: Bidder Details
Name: _________________________________________ Jurisdiction of Incorporation:
_______________________________________ Type of Organization:
corporation/partnership/limited liability company/other: _________ Mailing Address4
:
_______________________________________________________
Telephone number: _______________________ Fax number: _______________________
Contact details of representative to whom correspondence should be addressed: Name:
_______________________________________ Mailing Address:
______________________________________________________ Telephone number:
_______________________ Fax number: _______________________ (For consortium
Bidders)
Lead Member: _______________________________________ Shareholding: ________%
Operating Member: ___________________________________ Shareholding: ________%
Other members: _______________________________________ Shareholding: ________%
Contracted Facility Capacity Offered : ________ MW
Validity of the Bid ______ Months
Bid Security Amount ________ USD
Validity of the Bid Security
________ Months.
The Bidder should attach certified copies of the documents required as Annex A and
Annex B (if applicable) to this Qualification Statement.
4
Consortium Bidders should provide address and contact details for the Lead Member.
12
B: Financial Criteria
(1)
(a) Does the Bidder (or, in the case of a consortium Bidder, the Lead Member) have total
assets equal to or exceeding USD 12 million or equivalent BDT and Net Worth equal to
USD 6.0 million or equivalent BDT ?
___Yes
___No
(b) In the case of a consortium Bidder, all the members of the consortium except weak
member must fulfill the net worth requirement in proportion to their equity share in the
consortium for the most recent financial year.
Bidders responding affirmatively to Question 1 should provide their audited balance sheets
(or, in the case of a consortium Bidder, the audited balance sheets of the Lead Member) for
the most recent financial year as Annex C to this Qualification Statement.
(2) Bidders who did not respond affirmatively to Question 1 should provide the following
additional information (please complete the table and then answer the questions below):
Bidder/ In
Millions
Bidder (or, in the case of
a consortium Bidder, the
Lead Member)
Member A Member B
Year Year
1
Year
2
Year
3
Year
1
Year
2
Year
3
Year
1
Year
2
Year
3
Net Income in
USD/BDT
Current Assets
Current Liabilities
Current Ratio
(a) Has the Bidder (or, in the case of a consortium Bidder, each member of the consortium)
demonstrated profitability requirement of sub-section 2.2.1 of Section II?
____ Yes
____ No
(b) Does the Bidder (or, in the case of a consortium Bidder, each member) meet a Current Ratio
of requirement of sub-section 2.2.1 of Section II?
____ Yes
____ No
Bidder / In Millions Lead Member Member A Member B
Net Worth
Required Net Worth
( USD 0.5 million or equivalent
BDT X ……% of equity
share/100)
13
Bidder/ In Millions
Bidder (or, in the case of
a consortium Bidder,
the Lead Member)
Member A Member B
Year Year
1
Year
2
Year
3
Year
1
Year
2
Year
3
Year
1
Year
2
Year
3
Total Asset
Total Liability
Net Worth
Required Net Worth
(USD 0.5 million or
equivalent BDT X
……% of equity
share/100)
(c) Does the Bidder have a Net Worth of no less than USD 0.5 million or equivalent BDT
or in case of consortium Bidder each member of the consortium has a net worth of no
less than required net worth calculated as a portion of USD 0.5 million or equivalent
BDT in proportion to their equity share in the consortium?
__ Yes
___No
Bidders are required to respond affirmatively to each of parts (a) through (c) of Question
2 in order to meet the financial criteria for the qualification process. Bidders (or in case
of consortium, each member) should provide their audited balance sheets for the three
most recent financial years as Annex D to this Qualification Statement. If the Bidder is a
consortium, the net worth requirement mentioned in Section 2.2.1 shall be split up
among the consortium members, proportionate to their equity share in the consortium.
All members of the consortium must fulfil the net worth requirement in proportion to
their equity share in the consortium.
(3) Please list one or more projects in respect of which the Bidder (or, in the case of a
consortium Bidder, the Lead Member) has raised equity financing of at least USD 0.5
million or equivalent BDT in the past 15 years in the aggregate.
Project
Name
Off taker
Name Location Country
Completion
Date
Amount
Raised
(4) Please list one or more projects in respect of which the Bidder (or, in the case of a
consortium Bidder, the Lead Member) has raised debt financing of at least USD 3.0
million or equivalent BDT the past 15 years in the aggregate :
14
Project
Name
Off taker
Name Location Country
Completion
Date
Amount
Raised
C: Technical Criteria
Development Experience
(1) Does the Bidder (or, in the case of a consortium Bidder, the Lead Member or the
Operating Member) meet the development experience requirements of sub-section 3.1 of
Section II of the Qualification Document? ______ Yes
______ No
(2) Please list all Solar power projects in respect of which the Bidder (or, in the case of a
consortium Bidder, the Lead Member or the Operating Member has successfully
developed over the past 15 years:
Project
Name
Off taker
Name Location Country
Completion
Date
Capacity in
KWp
(3) Please list each grid-tied solar power project with a generating capacity of 20 kWp or
more which is connected to the national power grid in the country in which such project
is located in respect of which the Bidder (or, in the case of a consortium Bidder, the
Lead Member or the Operating Member) has successfully developed over the past 15
years:
Project
Name
Off taker
Name Location Country
Completion
Date
Capacity in
KWp
(4) Do all of the projects cited in the response to questions (2) and (3) above meet the
criteria for “successful” management set out in sub-section 3.1.2 of Section II of the
Qualification Document?
______ Yes
______ No
(5) Have the calculations of mega wattage for purposes of the responses to questions (2) and
(3) above been made in accordance with the requirements of sub-section 3.1.3 of Section
II of the Qualification Document?
______ Yes
______ No
D: Other Criteria
(1) Please provide details on any disputes with any governmental entity or off-taker relating
to any power project where (i) the amount in dispute is USD 0.15 million or equivalent
15
BDT or (ii) termination of a material project agreement is sought. Please note whether
such disputes either were not resolved in favor of the Bidder over the past 10 years or
are still pending. Answers may be submitted on a separate page if necessary.
Year Nature of dispute Outcome Damages payable
------ ---------------------- ------------ -------------------------
------ ---------------------- ------------ -------------------------
------ ---------------------- ------------ -------------------------
------ ---------------------- ------------ -------------------------
E: Bid Security
i) Has the Bidder submitted the Bid Security as per Section II A 4.1 ?
____ Yes ____ No
ii) Whether the submitted Bid Security is acceptable? ____ Yes ____ No
F: Attestations
We hereby certify and confirm that, as of the date of this Qualification Statement, all of the
information provided herein (including all information provided in Section D hereof with respect
to material disputes and all supporting documentation annexed hereto) is true, correct and
complete.
Signed by:
Authorized Signatory
16
ANNEX TO QUALIFICATION STATEMENT
SUPPORTING DOCUMENTATION TO BE FURNISHED BY BIDDER
We hereby submit for your examination and consideration each of the following documents:
a. A Qualification Cover Letter (Annex A-1), which should be signed by each Bidder
(or, in the case of a consortium Bidder, each member of the consortium).
b. A Qualification Statement Form (Annex A-2), which should be signed by an
authorized signatory of each Bidder.
c. A Signing Authorization Form (Annex A-3), which should be signed by each Bidder
(or, in the case of a consortium Bidder, each member of the consortium).
d. Each of the following annexes:
Annex A Certified true copies of the constitutional documents of the Bidder (or,
in the case of a consortium Bidder, constitutional documents of each
member of the consortium), together with certified English language
translations of such documents where the originals of such documents
are not in the English language.
Annex B (only for consortium Bidders) Certified true copy of the consortium
agreement detailing the terms on which the consortium has been
established, which should include the following information: -
Identification of the Lead Member and Operating Member of the
consortium; and -Extent of shareholding of each member in the
consortium.
Annex C (only for Bidders who have responded affirmatively to Question 1 of
Part B of the Qualification Statement) Certified true copies of the
Bidder’s audited balance sheets (or, in the case of a consortium Bidder,
the audited balance sheets of the Lead Member) for the most recent
financial year, which should be prepared in accordance with
International Accounting Standards (IAS)/ Bangladesh Accounting
Standards (BAS)/ GAAP and evidence total assets of USD 12 million or
equivalent BDT and Net Worth equal to or in excess USD 6.0 million
or equivalent BDT .
Annex D (for Bidders who did not respond affirmatively to Question 1 of Part B
of the Qualification Statement) Certified true copies of the Bidder’s
audited balance sheets (or, in the case of a consortium Bidder, the
audited balance sheets of each of the consortium member) for the past
three fiscal years, which should be prepared in accordance with
International Accounting Standards (IAS)/ Bangladesh Accounting
Standards (BAS) and demonstrate the following according to the
Section 2.2.1:
-Profitability in 2 of the last 3 fiscal years;
-A Current Ratio (i.e. current assets divided by current liabilities)
of no less than 1:1 in 2 of the last 3 fiscal years;
-A Net Worth equal to or in excess of USD 0.5 million or
equivalent BDT in 2 of the last 3 fiscal years;
Annex E Documents in support of raising equity and debt; project development
experience following the criteria set in 2.1.1, 2.1.2. and 3.1.
17
ANNEX A-3
SIGNING AUTHORIZATION
To: Secretary, Bangladesh Power Development Board (BPDB)
[INSERT DATE]
From: [INSERT BIDDER NAME & ADDRESS]5
Dear Sir,
We refer to our Qualification Statement in respect of that certain "Grid tied rooftop solar PV
system installation on government building" on BOO basis at Jamalpur District Town,
Bangladesh, in the People’s Republic of Bangladesh.
We hereby confirm that the following person(s) is/are authorized to execute the Qualification
Statement, together with any other documents delivered to you in connection therewith, on our
behalf.
Name Passport Number /Country
of Issue Specimen Signature
We confirm that we will be responsible for any representations and/or statements made in any
documents delivered to you in connection with the qualification process which are executed by
the above persons.
Yours sincerely,
[Name of Bidder]6
5
Consortium Bidders should include the name and address of each member of the consortium.
6