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PPP Projects
◦ Re structuring of Brownfield Airports (Delhi &
Mumbai Airports)
◦ Greenfield Airports (Hyderabad & Bangalore
Airports)
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AAI Projects
◦ Kolkata & Chennai Airports
◦ Non Metro Airport Projects
◦ Greenfield Airports (NER
Itanagar, Chietu Apts)
Region
–
Pekyong,
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Projection of requirement
History of the project
Preliminary Estimate for in principle approval
Preparation of detailed project report
Availability of Budget provision
Formulating a proposal of AA/ES
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Freezing of capital expenditure
Forecast
of
Annual
cash
flows
for
computation of IRR/ERR
Financial evaluation of the proposal based on
IRR/ERR
Adequacy of IRR
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Projects not meeting the desired IRR
Requirements for taking up such projects due
to socio-economic rationale
Plan outlay funding of such projects through
govt grants
Levy of UDF/reimbursement of operating cost
to cover the viability gap
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Internal Resources
Govt. Budgetary Support
Govt. Grant
Borrowings
(incl.
External
Borrowings)
Commercial
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Financial concurrence on the proposal
Approval of administrative authority as per
DOP.
◦ Project costing upto Rs.30 cr. are approved by
various authorities upto Chairman.
◦ The projects costing more than Rs.30 cr but upto
Rs.500 cr require approval of AAI Board.
◦ Projects costing more than Rs.500 cr require govt.
approval.
◦ Projects involving GBS/Grant require approval of the
Govt/Planning Commission.
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Preparation/approval of NIT
Publication of NIT
E-tendering
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Pre-qualification criterion is fixed considering
specific AAI requirements.
The PQ criterion should ensure not only good quality
of work but competition in bids.
It needs to be ensured that PQ criterion is not tailor
made to suit specific party.
PQ criterion normally entails the turnover of the party
in the past, the size of works executed, credentials
and experience of the executing engineers etc.
Specification for the work proposed to be executed
should be such that the competition is ensured.
NIT being a public document should be carefully
drafted to ensure interest of AAI.
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Publication of NIT
E-tendering
in
accordance
with
CVC
guidelines
Freezing of Justified Cost
Evaluation of Technical Bids strictly in
accordance with NIT
In case of delay in finalization of technical
bids the justified cost to be updated before
opening of the financial bids
Evaluation of Financial Bids
Acceptance of tender and award
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Measurement of work done – quantity /
quality
Preparation of bill – amounts payable with
respect to SOQ and recoveries
Scrutiny of the running bills by Finance officer
with reference to contract
Payment of bills in time to avoid interest
payments
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Only those deviations/extra items which are
essential for the completion of the works but not
provided in the SOQ
In case the deviation/extra items involves
execution of works which results in increase in
the AA/ES amount beyond the permissible limits,
the prior approval of the competent authority
needs to be obtained.
The deviation/extra items should not be on
account of works which are not part of the
approved AA/ES.
Time and cost over-run needs to be monitored
on regular basis to avoid the same.
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The items/specification in the original NIT
should not be allowed to be substituted
which
tantamount
undue
benefits
to
contractor.
The substitution should not result in dilution
of quality of work.
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The availability of site and the required
drawings needs to be ensured to avoid delay.
The progress of the work needs to be
monitored with reference to time line drawn
for completion of the project
Any delay foreseen in completion of the
project, the matter needs to be taken up at
higher levels for resolution of the issues.
Payment on account of escalation needs to be
avoided.
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Certification of completion with respect to
SOQ
Quality of work completed
Requisite
warranties/guarantees
to
be
obtained from contractor
Finalization of bill