canara hsbc oriental bank of commerce life insurance

OFFER DOCUMENT PAGE 1

CANARA HSBC ORIENTAL BANK OF COMMERCE LIFE INSURANCE CO. LTD., HEAD OFFICE, GURGAON

Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited

Orchid Business Park, Sector 48, Sohna Road, Gurugram 122018 (Haryana)

Tel: - 0124-4535500

NOTICE INVITING BIDS/OFFERS FOR FULLY FURNISHED PREMISES REQUIRED

ON LEASE AT BANGALORE

Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd. (“Company”) invites tenders

from owners of commercial premises with an Carpet area of 2200-2500 sq.ft. at Bangalore

(“Premises”) for fully fitted out / Semi Fitted Out / Bare shell accommodation on lease rent basis

for long term lease. The lease rental in terms of cost with fit-outs or without should not be more

than Rs 50 - 75 per sq.ft. (upper capping excluding GST) for further consideration. If the

Premises are Pre fitted out, landlords must be willing to do alterations/modification as per our

requirement at their own cost. For a Bare Shell/Warm Shell premises owners must be willing to

completely fit it out as per our requirement at their own cost. If the owners are not willing to

carry out fit outs for company, then company may at its own discretion decide to opt or opt out

of the proposed bid. In such case company shall carry out fit outs at its own cost if they decide to

opt for the proposed bid without fit out cost bundled in the offer.

For exact details, Prospective Bidders may collect the bid document free of cost from the office

of the Company at the above address during normal working hours or alternately download the

document from our website www.canarahsbclife.com.

The completed bid documents shall be submitted to AVP (Procurements) at the above mentioned

Head Office address or at our Bangalore Hub office (address given in the bid document) latest by

9th July, 2019 EOD.

For any clarifications / issues bidder can send us a mail at [email protected]

and [email protected] with a copy marked to [email protected]

"[email protected]" till 4th July, 2019 end of the day.

Amendments / Clarifications: At any time before submission of the bids, the Company may at

its discretion to amend / provide clarifications on the tender. Any such amendments/

clarifications will be notified on the website of the Company which is www.canarahsbclife.com.

The Company reserves the right to reject any or all the bids without assigning any reason

whatsoever. Canvassing in any form will disqualify the bidder.

(Signed)

For & on behalf of Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd.

http://www.canarabank.com/

http://www.canarabank.com/



TENDERS FOR TAKING ON LEASE, OFFICE PREMISES AT BANGALORE

Instructions to Bidders

1. These instructions shall form part of the bid to be submitted by the bidder to Canara HSBC

Oriental Bank of Commerce Life Insurance Co. Ltd. hereinafter termed as “Company”.

2. The tender is under "Two Bid" concept. The 1st bid is "Technical Bid" which shall be

submitted in a separate envelope and 2nd Bid is "Price Bid", which shall be submitted

separately as detailed elsewhere in this document. The details forming part of the

Technical Bid and the Price Bid are as indicated below:

A. Technical Bid:

Notice Inviting bids,

Instructions to Bidders,

Tender offer,

General Terms and Conditions,

Schedule A: Company’s Requirements

Schedule B: Information about the Bidder

Schedule C: Inventory Area Details and Technical Specifications

Schedule D: Documents to be enclosed with the Bid.

Schedule E: Other documents/details, if any, enclosed with Bid (to be listed out by

the Bidder).

Schedule F: Deviations, if any.

B. Price Bid.

Schedule G: Price Bid.

Note: - This bid document is not transferable. This bid document is the property of the

Company and it cannot be reproduced in any form or for any purpose other than what it is

intended for.

3. Bidder’s eligibility: The Bidders shall satisfy the following minimum eligibility criteria

before their bids can be considered. Documentary evidence in support of the eligibility

criteria shall be furnished with the Technical Bids.

3.1. The bidders shall be person/firm/company having ownership of an approved commercial

property (having clear marketable title with the required legal documentation) or a

person duly authorized (Registered Power of Attorney ((“POA”) holder) by the owner to

enter into an Agreement to Lease for the Premises.



3.2. Any premises qualified under IT/ITES sector shall not be considered for this

requirement.

3.3. The bidder can be an individual resident in India or a partnership firm registered in India

or a company incorporated and registered in India under the Companies Act, 1956 or a

Consortium of the above.

3.4. The bidder will have to be a regular Income Tax assessee and produce necessary

documents in support of having filed relevant tax returns for the past three consecutive

years. In case of a consortium, IT returns as above for each member of the consortium

shall be provided.

4. Submission of Bids: The completed Technical Bid along with all the documents, shall be

sealed in an envelope (1st envelope) super scribed "Technical Bid - Offer for Lease of

Office Premises (Bangalore) to Canara HSBC Oriental Bank of Commerce Life

Insurance Co. Ltd ". In this envelope all details and documents except Schedule G: Price

Bid shall be furnished.

The Schedule G: Price Bid shall be placed separately in a second envelope, sealed and super

scribed "Price-Bid - for Lease of Office Premises (Bangalore) to Canara HSBC Oriental

Bank of Commerce Life Insurance Co. Ltd ". In this envelope only the Price Bid shall

be submitted.

The first and second envelopes shall be placed in a 3rd larger envelope duly sealed and super

scribed "Offer for Lease of Office Premises at Bangalore to Canara HSBC Oriental

Bank of Commerce Life Insurance Co. Ltd." The name of the bidder should be mentioned

at the bottom left hand corner of all envelopes. The third envelope shall be addressed and

delivered to the

AVP, Procurements

Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd.,

Orchid Business Park,2nd Floor, Sector 48, Near Sohna Road, Gurugram – 122018

(Haryana)

OR at our Bangalore Hub Office

Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd.,

Mr. Amit Kumar ,

No 36, Crown Point Building, Lavella Road, Kasturba Cross Road, Bangalore - 560001

so as to reach him latest by 9th July, 2019 "End of the Day. Late bids or bids through e-

mail will not be entertained.

5. Opening of bids: The technical bids will be opened by the company after last date of bid

submission.

6. All items in the bid document must be duly filled in and no column should be left blank. Nil

or Not applicable should be written where there is nothing to submit. The authorized

signatory of bidder should sign all the pages of the bid documents and additional documents,

if any, enclosed.



7. In case the space in the bid document is found insufficient, the bidder may use separate

sheets to provide full information. If the bidder wishes to do so, he may enclose additional

documents such as drawings, CDs, pamphlets, testimonials, certificates etc about himself

and/or the Premises offered. He may also give details of additional amenities, services,

equipments, fittings and fixtures offered in the Premises, not already included in Schedules B

and C. All such documents shall be properly listed in Schedule E and enclosed with the

Technical Bid.

8. The bidder should clearly read and understand all the terms and conditions, specifications,

drawings, etc. mentioned in these tender documents. If the bidder has any observations, the

same may be indicated in his forwarding letter along with the tender. Bidders are advised not

to make any corrections, additions or alterations in the original tender documents. If bidder

makes any correction in its own entries the same shall be initialed and stamped by him.

9. Validity of offers: The offer should remain valid for acceptance for a period of 120 days

from the last date of submission of bids. During the validity period of the offer the bidder

shall not withdraw or unilaterally modify the offer in any way.

10. Property offered should satisfy the Company’s requirements specified in Schedule A:

“Company’s requirements”.

11. Properties which will be ready for taking possession immediately will be preferred.

12. The particulars of amenities provided / proposed to be provided inside the property, building,

complex should be furnished in the Technical Bid.

13. Payment terms: The payment terms are mentioned in the General Terms and Conditions.

Payment will be made through Account Payee DD only shall be made in Indian Rupees (`).

No payment will be made in any foreign currency and no foreign exchange will be made

available by the Company. Final payment terms to be agreed with the successful bidder.

14. Payment will be based on the Super area / Built up Area as jointly measured by the

Company and the Bidder.

15. Complete particulars of Building floor/wing-wise should be furnished in the Technical Bid

along with the details of measurements as per Schedule C.

16. The property offered should have clear and marketable title. Adequate documentary evidence

to this effect should be furnished along with the Technical Bid. All the legal documents

required by the Company for verification of the title clearance of the property/ premises must

be submitted. The title certificate issued by Company's solicitor / Advocate only shall be

considered. If required, original documents may have to be produced for verification.

17. The property/Premises offered should preferably be non-encumbered. In case it is

encumbered in any manner whatsoever including non payment of taxes, details of such

encumbrance shall be furnished by the bidder. The bidders shall be obliged to keep the

Company indemnified of any claims/ lien/ encumbrance at any stage during the term of the

Lease.

18. While furnishing the information in Technical Bid, full details of the items/

materials/equipments/ fittings etc used/to be used should be furnished for each and every

item which are subject to verification by the company..



19. Copies of plans, duly approved by municipal authorities/competent authority, as the case may

be, should be submitted along with the Technical Bid.

20. The bidders at their own cost shall obtain Income Tax and other statutory clearances and

clearances from Local Bodies as and when required.

21. All proposals and other documents submitted shall become the property of Company.

Information relating to the examination, clarification, evaluation and comparison of

proposals shall not be disclosed to the bidders.

22. The bidder shall disclose at the technical bid stage itself the names of any close relatives

(having blood relation) working with the Company.

23. Brokers, agents and intermediaries may be allowed to bid if they singly represent owners of

the proposed Premises. No brokerage shall be paid by the Company in any form, at any

stage, in cash or otherwise to such brokers.

24. The cost of the preparation of bid and related expenses shall be borne solely by the bidders

themselves. The Company shall not be responsible or in any way liable for such costs,

regardless of the conduct or outcome of the selection process.

25. Bid Clarification: For any clarifications / issues bidder can send us an e-mail at

[email protected] with a copy marked to [email protected] and

[email protected] till 4th July, 2019 end of the day Response to all the

queries and clarification will be sent through e-mail to the respective bidder at the shortest

possible time.

26. Bids that are incomplete in any respect or / and are not consistent with the requirements as

specified and not in accordance with any of these instructions may be considered non-

responsive and are liable for rejection, at the sole discretion of the Company.

27. The Company reserves the right to withdraw this bidding process or, to accept or reject any

or all the bids, without assigning any reasons whatsoever and no bidder shall have the

authority to question such action. The decision of the Company in this regard shall be final

and binding.

28. Canvassing in any form will be considered as violation and the bid will be disqualified.

29. All communication and information should be provided in writing and in English language

only.

30. Lease Period shall be 3+3+3 years certain from the date of handing over vacant possession

after completion of construction, repairs, renovations, additions, etc.

Name of the Company / Consortium:

Issued by Authorised representative of the Company:

Signature of the Bidder



T E N D E R - O F F E R

We have read, examined and understood the Notice Inviting Bids, Instructions to bidders,

General Terms and Conditions, and all other documents in the bid document for giving the office

Premises on lease to Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd.

We hereby submit our offer in the prescribed form including all schedules in accordance in all

respects with the bid document.

We agree to keep the bid open for 120 days from the last date for submission of Bids and not to

make any modifications in its terms and conditions during this period.

We hereby declare that we treat the bid documents as confidential and shall not communicate

information derived there from to any persons other than a person to whom we are specifically

authorized by the Company to communicate the same or shall not use the information in any

manner prejudicial to the interests of the Company.

We fully understand and agree that you are not bound to accept our or any bid and that you are

free to cancel the bid process without assigning any reason whatsoever.

Shri. ________________________, our authorized representative, is the person authorized to

negotiate commercial, technical terms & conditions & sign on behalf of the firm/ company any

documents, agreement, bills & issue receipts. Authority letter in his favour is attached. We

acknowledge that all decisions taken by our authorized representative will be binding on us.

We agree to sign a Lease Deed with the Company as per attached format. We also agree that

until a formal agreement on stamp paper of requisite value is prepared, signed and registered,

this bid with your written acceptance thereof shall constitute a binding contract between us.

Dated the: ..........

Signature of Bidder :

Name & address :

Including Pin Code and

Telephone No

Signature, name and address of

Witness (1) Witness (2)



GENERAL TERMS & CONDITIONS

1. Interpretation: In construing these conditions, the specifications, the schedules, price bid,

technical bid, the following words shall have the meaning herein assigned to them except

where the subject or context otherwise requires:

1.1. Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd. or The Company:

The term shall denote Canara HSBC Oriental Bank of Commerce Life Insurance Co.

Ltd. with its Corporate Office at Orchid Business Park,2nd Floor, Sector 48, Near Sohna

Road, Gurgaon 122018 (Haryana) and any of its employees/ representatives authorized

on its behalf.

1.2. Bidder: The term shall mean any person or validly constituted legal entity which meets

the qualification criteria prescribed in the bid document and has willfully submitted this

bid document with the intent to lease Office Premises to Canara HSBC Oriental Bank of

Commerce Life Insurance Co. Ltd., subject to the terms and conditions prescribed in the

bid document, and shall include their heirs, legal representatives, permitted assigns,

authorized representatives and successors in interest.

1.3. Contract Value: This term shall mean the Lease Rent and/ or any other charges

(inclusive of taxes) payable to the successful Bidder of the Premises as indicated in the

letter of Intent / letter of Acceptance.

1.4. Office Premises or Premises: The term shall mean the building or part of the building

that is proposed to be leased by the Bidder to the Company for the setting up of an office

and shall include the parking area, the services, amenities and facilities.

1.5. “Price Bid” shall mean the price bid submitted by the bidder with the quoted rates of the

bidder.

1.6. Specifications: This term shall mean the technical specifications attached to the bid

documents, and/or submitted by the bidder with his bid and/or subsequently offered and

accepted by the Company.



2. Submission of bid and Bid validity: The bid shall be submitted in the manner specified in

the Instructions to Bidders. The Bidders must note that the bid shall remain open for

consideration for the period mentioned elsewhere in the bid document.

3. Scope: This bid is for taking on Lease and handing over vacant possession of the Office

Premises fully fitted out and completed and fit for occupation as per the applicable laws, as

offered by the Bidder and accepted by the Company, with all services and amenities including

getting all sanctions and approvals from appropriate authorities and local bodies and

including registration of documents with Completion/Occupancy Certificate from the local

statutory authorities.

4. Lease Deed /Agreement: In the case of Premises ready for occupation, the successful bidder

whose offer is accepted shall help execute and register a Lease Deed (as per attached format)

with the peaceful, vacant handing over of possession of the Premises complete in all respects

within the time frame informed by the Company. The format of the Lease Deed shall be as

specified by the Company. The bidder shall take responsibility and make necessary

arrangements for registration of the Lease Deed with the concerned Registrar’s office till its

logical conclusion. The Company shall restrict itself to meeting payments towards

stamps and registration costs related thereto as agreed between the Bidder & the

Company.

5. Permits & Licenses: All sanctions, permits, licenses, clearances, no objection certificates,

consents, approvals, authorizations etc required for the procurement of all raw materials,

machinery etc and employment of labour required for completing the Work shall be arranged

by the Bidder himself at his own costs and efforts.

6. Taxes, Cess, Duties, Registration, Contributions, Stamp duty charges: The quoted

rate as stated in the bid document by the Bidder, must include all duties, statutory

contributions/payments, royalties, cess, service tax, sales tax, VAT, GST or any other taxes

or local charges if applicable but excluding registration and stamp duty charges. The Bidder

shall agree and undertake to pay all taxes, cess and other public charges payable to statutory

and other bodies pertaining to the Premises and/or construction of the same including all

statutory contributions and dues payable and labour law compliances in respect of personnel

employed for construction or supervision of the same up to the date of handing over



possession of the Office Premises to the Company. The Bidder agrees to indemnify the

Company against any liabilities that may be imposed on the Company due to the non-

compliance by the Bidder. The Bidder shall not be entitled for any payments, other than as

stated in the Price Bid and accepted by the Company, due to enhancement of existing, or

imposition of fresh levy of, taxes, duties, levies etc. or increase in the price of any raw-

materials or wages or for any other reason whatsoever.

7. Escalation: The Bidder and the Company will mutually agree to increase rents as per

standard terms mentioned in the Lease Deed attached with this document.

8. Government & Local Rules: The Bidder shall conform to the provisions of all Central,

State and Local laws, statutes, bye-laws, rules and regulations relating to the Work. The cost,

if any, shall be deemed to have been included in the quoted rates, taking into account all

liabilities for licenses, fees etc. that are payable in this regard and the Bidder shall indemnify

and keep Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd. indemnified at

all times against any such liabilities and shall solely be responsible for all actions arising

from such claims or liabilities.

9. Notice inviting objections: The Company may issue public notice in the leading news

papers inviting claims/objections from the public, if any, before entering into the Lease Deed

/ Agreement for the offered property. The Bidder shall not have any objection for this. The

Bidder shall further co-operate and assist the Company in the resolution of any claims that

may be received, in response to the public notice issued by the Company.

10. Inspection of the Office Premises: The short listed properties will be inspected by

Company officials, or any other agency appointed by the company for assessing the

suitability and to verify the quality of construction, materials etc. The Bidder undertakes to

cooperate and make necessary arrangements and provide the requisite information/

documents/ details to the inspecting officials.

11. Payment Terms: The payment will be based on the Super area / Built up area Leased to

the Company. No separate payment will be made for the items/areas/services for which

separate rates are not quoted in the Price Bid. The cost of such items/ areas/services, which

are not separately indicated in the Price Bid, is deemed to be included in the rates quoted in

the price bid. The rates should be quoted accordingly.



12. Super Area (rentable area): Super built-up area is the built up area plus proportionate area

of common areas. The plinth area along with a share of all common areas proportionately

divided amongst all unit owners makes up the super built-up area.

13. Defect Liability Period: The Works covered under this RFP/RFQ shall have a defect

liability period till entire contract period from the date of taking over possession by the

Company for any construction and/or installation defects and deficiencies. If any defect or

deficiency of whatever nature is noticed during this period, the same shall forthwith be

removed by the Bidder to the satisfaction of the Company, at the Bidder’s own cost and

within a reasonable time of his being informed, failing which the Company shall remove

such defects and deficiencies and recover the expenses incurred in this connection from any

amount due to the Bidder under this contract or under any other contract failing which the

amount shall be recovered from the monthly rent payable by the Company to the Bidder.

14. Warranties: All warranties/guarantees given by the original equipment

manufacturers/suppliers for the various plants/equipments/ machineries/fittings and fixtures

provided by the Bidder in the Office Premises, shall be assigned by the Bidder in favour of

the Company The Bidder undertakes that the warranties given by the original equipment

manufacturer shall commence from the date of delivery of the possession of the Office

Premises to the Company.

15. Time for completion and handing over: Time is the essence of this contract. The time

stipulated while accepting the bid or in the Lease Deed for handing over complete vacant

possession of the Premises in all respects including the various services shall be followed

strictly.

16. Liquidated Damages: If the Bidder fails to complete in all respects the Office Premises

including various services, including obtaining the Completion/Occupancy Certificate, to the

satisfaction of the Company and hand over vacant possession within the time stipulated while

accepting the bid or stipulated in the Lease Deed, without prejudice to any other right or

remedy available to the Company, the Bidder shall be bound to pay to the Company, as

agreed liquidated damages, a sum equivalent to the monthly rental calculated on pro-rata



basis for such delayed period beyond the stipulated time frame. Such compensation shall be

recovered from the Lease Rent payable to the Bidder.

17. Bidder to Provide for Everything Necessary: For premises fitted out by the Bidders, they

shall provide a complete set of drawings and specifications according to which the work has

been carried out. The bidder undertakes to provide everything necessary for the proper

execution of the Work according to the intent and meaning of the drawings, schedule of

quantities and Specifications taken together. Necessary approvals shall be taken from Canara

HSBC OBC Life Insurance before execution of work.

18. Quality Assurance: The Company reserves its right to engage at its cost a separate agency to

proof-check the design calculations and check the quality of materials and workmanship and

for this purpose the bidder shall cooperate and give all necessary documents, design

calculations, drawings and samples etc. if required without any extra cost.

Should there be any deviation to the finalized specifications of Quality of Works the

Company reserves the right to seek for redoing the work at the bidders cost or at its own

discretion accept the works with deviations/ modifications based on satisfactory explanations

for such deviations subject to appropriate downward cost adjustments. However, in the event

of the bidder undertaking any deviations in order to improve the safety of the Premises

fulfilling statutory requirements or any reason whatsoever leading to enhancement to the cost

of construction/ works, the Company is not bound to accept them.

The Work shall be executed in the best and most workmanlike manner with materials of the

best and approved quality with particulars contained in and implied by the Specifications.

Where additional work or any modifications are required to be carried out, such additional

works and/or modifications shall be carried out according to the drawings, specifications and

instructions issued by the Company.

19. Access & Inspection: Any authorized representative of the Company at all reasonable times

shall have free access to the Office Premises and the Bidder shall give every facility to the

Company and/or its authorized representatives for inspection, examination and testing of the

quality of materials and workmanship and the make, capacity, particulars and performance of

the machines and equipments, if so desired by the Company. The inspections shall be liable

to be carried out by any representative (internal or external)/ agency appointed by the



company for quality assurance during the course of construction or even after construction

during the defect liability period.

20. Legal Opinion: The Company reserves its right to obtain legal opinion from its advocates

and external consultants to ensure that the Office Premises proposed to be leased is inter alia

free from all encumbrances, for which necessary permission and clearances are obtained and

the Bidder has clear and marketable title to the Office Premises etc. The Bidder shall furnish

at his cost all necessary information and details including copies of relevant documents for

this purpose. Originals shall be provided for verification if requested.

21. Maintenance: The bidder shall quote his rates for comprehensive common area maintenance

involving all services (civil, mechanical, electrical, HVAC, fire-fighting, communications,

security, landscaping and horticulture etc) for a period of one year from the date of handing

over possession of the Premises. The maintenance rate shall not include charges payable for

electricity and water consumed which shall be paid by the company directly. All other

expenses are deemed to be included in the quoted rate. However, entrusting the maintenance

work to the bidder is at the discretion of the Company. All Building Maintenance, Service

Maintenance and related charges will be borne by the Bidder till the signing of the

conveyance deed or handover of physical possession of Premises whichever is later.

The bidder agrees that the monthly lease rent payable during the notice period of termination

of lease shall be adjusted from the amount of security deposit and the Bidder will refund the

balance amount, if any, of the security deposit to the Company at the time of vacating the

Premises. In case, after adjustment of the lease rent from security deposit if there is due

amount from landlord/lessor then the landlord/lessor shall pay such amount to the

Company/lessee. Where the Lease Deed is not terminated and is going to expire by efflux of

time, the Company shall adjust the entire security deposit amount towards the lease rent.

During such period (termination/expiry of lease), the landlord/lessor will raise the invoice by

mentioning that the lease rent amount has been adjusted towards the security deposit



SCHEDULE ‘A’ - COMPANY’S REQUIREMENTS

S No Items Details 1 Building type Building suitable for Commercial use shall be preferred.

Office Premises qualified under IT/ITES Sectors will

not be considered for this requirement. 2 Super Area / Carpet Area 2200 to 2500 sq.ft. of Carpet Area with Fully centrally

air-conditioned / standalone Air conditioned building with

100% power back . Builder is expected to provide space

with complete fit-out as required/necessary for operation

of the office.

3

Number of Floors

Single floor Plate only.

4

Location

Ashoka Pillar - Jayanagar/South End Circle – Jayanagar/

Basavanagudior other Prominent Places in Bangalore

around these above mentioned locations where other

corporate are already present and working. Bidders are

advised to take note of preferred locations as mentioned

above.

5

Complete fitted-out

Possession

Properties which will be ready for possession within 45-

60 days (including fit out) timeframe from the date of

LOI/signing of Lease Deed shall be given preference.

The lease rental in terms of cost with fit-outs should not be more than Rs 75 per sq.ft. (upper capping) for

further consideration. The Premises, once selected, is subject to minimum lock in period of 18 months

(or as agreed during finalization) during which the Landlord would not be allowed to terminate the lease

deed for any reason whatsoever, this is valid in case of fully fitted out premises only

In order to have ready to move office, we expect Capex (Capital Expenditure) for the fit out to be

taken in the range @ Rs.1000/- to Rs.1200/- per sq. ft on Super area. Actual payment will be based

on the super area. Please refer to the General conditions for the payment terms and definition of super

area.

The Office Premises / block/ wing/ complex should have the following facilities.

Fire alarm system (analog / digital type) and fire fighting arrangements which are mandatory

as per the statutory authorities /fire safety norms of National building code and state building

bye laws and IS Standards.

Sufficient raw power from the state electricity board/ department with 100% Power back-up

for the entire facility and adequate redundancy.

The building should have proper approach road, should be moisture free brick construction.

Water supply with municipal water connection / bore well supported with adequate capacity

pumps connected with sufficient storage of water overhead water tank



Proper sewage disposal system. Wherever Municipal sewage connection is not available, in

such cases there shall be proper disposal mechanism & infrastructure as approved by

applicable authorities

The internal accommodation shall be planned, designed as per the standard industry norms

adhering to relevant IS codes and NBC laws. The minimum clear height of any floor (clear

height from finished floor level to the bottom beam of floor slab i.e. bottom of beam of

ceiling) should be mentioned in the bid document.

Location Criteria : Locality should not be prone to flooding, noise/air pollution, industrial

nuisance, unauthorized hutments, encroachments, slums.

The premises/ building shall have proper access of natural light, air and ventilation, The

sufficient shafts for services should be available

The building should satisfy earthquake resistant design requirements of seismic zone IV or as

per relevant Indian Standards.

The building specifications including stair case width/dimensions should meet fire safety

norms and should also have exit doors as per applicable guidelines.

The building should have signage space with power point.

An Architect shall be engaged by the bidder to finalize the interior layout in consultation with the

Company. The work would only be commenced after the mutual agreement and sign-off between

both the parties.

Premises should be ready for occupation within stipulated time frame with following broad level

fit out /amenities expectation

High level Fitout Expectation

1 Modular Furniture with all necessary partitions finished with laminates, cabins,

modular work station, cubicles, storage units, meeting tables, High Back

Chairs/Medium Back Chairs/Visitor Chairs as per requirement etc

2 Vitrified tiles / Carpet flooring .

3 Granite slab/ tiles wherever required

4

Necessary fire fighting system, smoke detectors, fire alarm system satisfying the

statutory requirement

5 Furnished with air conditioned office space as per heat load of the building.

6 Suspended false ceiling

7 A reception with good interior with waiting sofas and reception table

8 All internal surfaces shall be painted with plastic emulsion paint or as advised by us.

9 Small Cafeteria with tables, chairs to accommodate as per requirement with small

utensil wash facility

10 Main entrance door with floor spring

11 Vertical Blinds in all the windows

12 All the tables and the work stations shall be with sufficient UPS/ Raw Power Points

as per requirement

13 Data & Voice Point for all workstation, meeting room, cabins, board room etc

(including conduits & cabling)

14 The Voice/ Telephone wiring



15 Fire alarm/ Fire sprinkler system as per requirement

16 Security Alarm and CCTV Camera (conduit, cabling and equipments)

17 Wires, Ms Conduits, PVS conduits, UG cables etc shall have ISI mark.

18 Wires used shall be FRLS

19 MS Conduits for UPS and Electrical/ light wiring shall be used

20 LCBs shall be provided for all Distribution Boards.

21 All the critical equipments shall be provided with separate earthing and earthing pits.

22 MCBs shall be used for safety and control of electrical wiring

23 Load shall be balanced in all three phases of electricity.

24 Providing and fixing cladding around the columns

25 Adequate Light fitting and fixtures per agreement

26 Complete Sanitary fittings as per agreement

27 Signage space

28 Sufficient Space for Antennas, Dish etc for necessary office connectivity

29 Company shall be provided with Warranty Period of Equipments installed in the

premises.

30 Raised and anti-static flooring to be provided for UPS / Server Room.

31 Any other items left out in the above list and requirement to be delivered as part of

the fit out scope.

32 Detailed scope of fit outs and makes will be discussed and agreed mutually with

finalized bidder before the signing of agreement / Lease Deed.



CANARA HSBC ORIENTAL BANKOF COMMERCE LIFE INSURANCE CO. LTD., FACILITIES & ADMINISTRATION DEPARTMENT, GURGAON

SCHEDULE ‘B’ - GENERAL INFORMATION ABOUT BIDDER

1. Name:

2. Address :

3. Phone No., FAX No. & E-mail address:

4. Name and phone numbers of the contact person:

5. The details of the Group/Sister Concerns :

6. Constitution of bidder / firm: (Whether Individual/ Partnership /Pvt. Ltd, / Public Ltd. / PSU

etc.):

7. Whether the bidder has leased any similar property to any Government / Semi-Government

Institutions / Financial Institutions etc.? If so names and addresses of such clients and total

cost of such sales to each client to be given.

8. Do you satisfy the eligibility criteria (see para 2 of Instructions to Bidders)? If so, enclose

documents to establish.

9. List of all loans on the Premises

10. Premises used as a collateral for other loans-details



SCHEDULE ‘C’ – INVENTORY AREA DETAILS AND TECHNICAL

SPECIFICATIONS

Given below is the detailed Inventory area details and specifications. You are expected to provide

necessary supporting document for technical inputs basis which we will conduct an evaluation in the

respect of the proposed premises.

Inventory Requirement:

S.NO Designated Area Requirement

Description

Required /

Proposed

Numbers /

Quantity

Proposed

Covered Area

(sq. ft)

1 Reception area 1 Reception Desk, 3+ 2

seater sofa 1 120

2 Workstations Cubicle L Type W/s 5x5

3 Workstations Linear w/s 4x2 42 1050

MEETING ROOMS

4 Meeting room 4 pax

2 meeting rooms of

capacity 4 Seater, with 1

room having VC facility

2 220

5 Training Room 15 Seater 1 250

ENCLOSED ROOM

6 Cafeteria & Breakout area

6-8 Seater with facility for

Fridge and Microwave

along with small utensil

washing area.

1 180

7 Server /UPS Room Raised Floor Server/UPS

Room 1 120

8 Printer Printer/Reprography Area 1 40

9 Wash Room Gents 2 WC with 2 urinals 2 160

10 Wash Room Ladies 2 WC 1 100



Technical Sheet

Technical Sheet

1 Project Details Remarks

1 Name of development/ Building :

2 Address of development / Building :

3 Age of development / Building :

4 Total Super area of building (sq. ft):

5 Total No. of floors in the building :

6 Floor number Considered for Company in the building :

7 Super Area of space offered size (sq. ft)

8

Name of the Developer / landlord, if more than one

landlord please specify the total number of landlord)

9

Proposed Timelines (for Fit-outs) (30-45 days). Please

provide number of days you will take to complete the fit out

after LOI / Sign of lease.

10 Carpet Area of the office space offered (sq. ft)

11

Lock in period as required by landlord, (less is more

favorable and should not be more than 18 months,

negotiable)

12

Will landlord provide test fit outs on PDF or CAD file if the

property is shortlisted for company to understand the area

utilization as per SOR shared by company. (Yes / No)

13 Building efficiency (%)

2 Site Assessment

1 Building Handicap Accessibility. Yes / No



2

Waste Removal - system proposed, Whether being done

manually or connected through Local municipal connection

with drain line.

3

Basement / Ground Parking Availability in the building

premise. (Yes / no)

4 Total no. of Car Parks that can be Offered to Company

5

Building Security Details - Compound Walls with Security

agency in place. Yes / No

a Access Details

1

Street presence - On the main road, or side road or in deep

interiors.

2

Loading Dock, Deliveries, Mail Handling Areas are avaible

in the building premises

3 Frontage Road Width (meters)

4 No. of entry / exit gates in the building

5 Width of each gate (Meters)

c Neighboring Buildings Name

Existing

condition.

(Occupied or

empty)

1 Residential, Commercial, industrial

d Major Landmarks

1 Please specify Major landmarks near the building

e Nearest Amenity centers Name

Distance from

Building

1 Bus stand

2 Railway station

3 Metro station

4 Hospital

5 Police station

6 Fire station

7 Airport

8 Surrounding environment & proximity to amenities such as

food courts, banks (ATMs), hotels & hospitals & etc.



9 Visibility and Image of building (Clear view from main

road or some structure in between the building view )

3 Architectural Assessment

1 Exterior Façade of the building - Concrete / Glass

2

Any common area Toilets / floor restrooms. Please mention

quantity of toilets and restrooms

3

Access to and between different floors in the building.

Mode - elevators / stairs Or both. Please specify.

4

Sufficiency of vertical shafts for electrical, telephone/data,

mechanical, etc. Please specify the number of shafts

5

Acoustics - noisy infrastructure? - Are there any noise

generating equipments near to the building? Yes / No

6

How many emergency exits / stairways in the building?

Please specify the numbers.

4 Structural Assessment

1

General Office loading - live & dead loads of the slab.

Please mention with Units

2 Floor to Ceiling clear height. (Meters)

3 Wind Resistances - hurricanes. YES / No

4 Lateral Resistance - earthquake. Is there any Yes / No

5

Any irregular shaping or oversized columns, beams. Please

specify Yes / No

6 Floor chasing allowed?

5 Mechanical Assessment

1

Base Building Cooling / HVAC System - Chillers (Air

cooled - Water Cooled) / Standalone Air conditioners such

as Split AC, Cassette AC etc

2 Does Building has Heating System. Yes / No.

3 Building Method of Air Distribution -AHU / Direct

4

CFM per person considered for air distribution inside the

building.



5

Cooling air distribution on floors for interior spaces - VAV.

Yes / No

6

Building hours of operation considered for Chillers. If

applicable

7

Capacity of Chiilers / Standalone Air conditioners such as

Split AC, Cassette AC etc . (In TR)

8

System Manufacturer of Chillers / Standalone Air

conditioning system :

6 Electrical Assessment

1

Incoming power State Government connection or Diesel

Generator or Both.

2

Capacity of power provided in KVA to office space

provided.

3 Electrical Service Voltage.

4 Building Service to floors - bus duct, cable?

5 Transformer nos, description & capacity

6 Generator nos, description capacity

7 KW rating of generators

8 General Fuel Capacity of Generators.

9

Metering - How are tenant electrical charges determined ?

Separate meters for tenants or common meter for the

building.

10 Whether Diesel Generators are in acoustic enclosure

7 Fire detection & life safety Assessment

1 Fire alarm system available in the building. (Yes / No)

2 Fire sprinkler system available in the building. (Yes / No)

3

Describe any other fire and life safety detection and

communication devices in place such as smoke detectors

etc.

4

Does Building has pressurized stair cases or any other

arrangement for smoke to let out in case of fire like

windows / louvers etc in stair cases

5

Whether Building has access control system for restricted

visitor entry or Physical Security.

8 Telecommunication Assessment

1

Describe how many telecommunication service providers

available to the building ? Airtel, relinace, BSNL etc.



2 Where are the telecom shafts located in the building?

3 Is there a shaft for each provider, or is the shaft shared?

9 Elevators Assessment

1 No of passenger lifts in the building.

2

Capacity of Lifts. (Maximum No. of person and maximum

load in kg's)

3 Speed of the Lifts.

4

What happens to lifts in case of power outage? Do they

come to nearest floor or go to ground floor?

10 Plumbing Assessment

1 Sources of water supply. Govt connection or Borewell

2 Soft water tank capacity and location

3 Fire tank capacity and location

4 Raw water tank capacity and location

5 Domestic water tank capacity and location

6 Sewage discharge point ? STP or municipal connection?

11 Security Assessment

1 Description of compound wall, gates -height, width, design

2

Describe any special systems in place -cameras, card access

etc,

3 24 - hour manned security service available ?

4 No of trees very close to the compound wall

5 Stairwell pressurization or other smoke control?

13 Check for Availability of Following documents AVAILABLE

NOT

AVAILABLE

1

As-Built drawings and specifications of building. (Please

share the copy)

2

Copies of all engineering reports/tests/Manuals/Logs etc of

electro- mechanical equipments. (Please share the copy)



3

Copies of All Energy Consumption Reports and Bills -

Including : electricity, gas, diesel, water, sewer whichever

is applicable (Please share the copy of latest month bills)

4 Handicap Compliance Plan. (Please share the copy)

5 Building Certificate of Occupancy. (Please share the copy)

6

Please furnish Copy of all statutory approvals & permits

incl. Hazardous Materials,

Underground Storage Tank Permits, Fuel Storage, electrical

inspection NOC, Lift NOC etc

7 Emergency Response Plan. (Please share the copy)

8

Copies of Outstanding Building Code Violations or Notices

of non-Compliance (Please furnish If Any)

9

Any Photos of Building (Aerials, Interior and Exterior).

Please provide

10 Test fit out for the proposed space as per company SOR.

11 Pollution NOC for the building, please share copy.

12 Building Commercial license , please share copy

13 Electrical inspector NOC, Please share copy



SCHEDULE ‘D’ – DOCUMENTS TO BE ENCLOSED WITH TECHNICAL BID

The following documents shall be enclosed with the Bid:

1. Self Certified copies of title deeds of the property

2. Encumbrance certificate tracing the title for the past 30 years

3. Copies of receipts witnessing payment of land/building dues in respect of the premises and

building to the local authorities

4. A copy of sanctioned building plan

5. Occupancy Certificate.

6. Copy of Development Agreement if any

7. Partnership deed / Articles and Memorandum of Association.

8. Evident of payment of statutory dues up to date such as Property tax, Water Tax, Electricity Bills

9. Specific Power for Attorney by GPA holder

10. Valid authorization for entering into lease deed in favor of a person(s) in case owner is an entity

11. A note on maintenance arrangements (covering power, back-up, common facilities etc) available

in the Premises and the documentation to be executed by prospective tenants for the same.

12. Documentary evidence to establish satisfaction of the eligibility criteria.

13. Any other document which is required to support the price, bid, inventory requirement and

technical inputs

14. The RFQ should be submitted by the person authorized to bind the vendors and copy of such

authorization should be shared.

15. Additional documents/information required is enclosed herewith.

Lease - Legal Due-diligence Requirements Sl.No. Documents required Availability To certify

1

Title Deeds to the property–sale deeds/gift

deeds/partition deeds/settlement deeds etc. to

ascertain the owner of the premises and the

nature of holding – freehold/leasehold/HUF

etc

compulsorily required The ownership of the

property

2

Change of land use order, if applicable; If applicable to ascertain that the property

and the premises is fit for

commercial use

3 General Power of Attorneys , if any. If applicable The ownership of the

property

4

Latest Encumbrance certificate as on the

date of opinion ( preferably for the last 20

years)

compulsorily required The encumbered/non-

encumbered status of the

premises

5

Loan/mortgage documents/deposit of title

deeds of property as collateral; details

required

If applicable To have a clarity on the right

to take the premises on lease

and to ascertain if there is

any loan on the property or if

the title to the property is

provided as collateral for a

loan

6 No Objection Certificate from the

lender/mortgagee

If there is any loan or

mortgage

To establish the right to take

the premises on lease



7

Latest Property tax paid receipts (for last 3

years)

compulsorily required To establish the ownership to

the property and the no-due

status of the property

8

Latest Water/electricity receipts including

the Deposits paid, if any

compulsorily required To establish the ownership to

the property and the no-due

status of the property

9

If CHOICe wants to utilise the existing

telephone connection, all upto date bill paid

receipts to be obtained

compulsorily required To establish the no-due status

10

Copy of Construction Commencement

Certificate from competent authority.

compulsorily required required approval as per law

11 Certified copy of the completion /

occupation certificate in case of property,

ready for possession.


12 Approval for the installation of diesel

generator sets;


13

Approval for the storage of diesel;


14 Approval from electricity department for the

energisation of transformers;


15 Permission for lifts, if any, issued by the

Inspector of lifts


16 Environment clearance for the building

issued by the Ministry of Environment and

Forest


17 No Objection Certificate from the fire

control authorities.


18 Structural Stability Certificate from licensed

structural engineer of Municipal Corporation

/ Local authority/ HUDA etc.

compulsorily required to certify building

19 Copy of the license issued by the

Department of Town and Country Planning;

compulsorily required to ascertain legal right to use

the premises

20

Approved building sanction plan . Copy of

Building Plans Approval in Form BR-III

compulsorily required To establish that the building

has been constructed as per

the approved plans and is fit

for occupation

21

Completion Certificate and/or Occupancy

certificate and or such other documents as

per the local requirements

compulsorily required To establish that the building

has been completed as per the

approved plans and is fit for

occupation

22 Details of deviation to the sanctioned plan

and regularization of the deviations

required approval as per law



23

Permission for approved electricity load

from the Electricity Board


24

Consent from the State Pollution Control

Board for the establishment of the sewage

treatment plant


25

(a) Copy of License issued by the

Directorate of Town and Country Planning

Bangalore under The Bangalore

Development and Regulation of Urban Areas

Act, 1975 read with The Haryana

Development and Regulation of Urban Areas

Rules, 1976 to develop the land.

(b) Application in Form LC VI made for the

renewal of License.

(c) Copy of Letter issued by the Directorate

of Town and Country Planning, Bangalore

confirming renewal of License.


26

In case the bidder is a company, then the

notarized copies of the certificate of

incorporation, articles of association and

memorandum of association.

In case the bidder is a partnership firm, then

the copy of the registered partnership deed.

In case the bidder is an individual, then the

copy of the identity proof and address proof.

In case of a consortium of companies

(defined hereinafter), a notarized copy of the

agreement executed between the members

along with separate information / support

documents specified above in respect of each

of the members.

Copy of the Permanent Account Number

card of the bidder.


27

Last audited annual report, balance sheet and

income tax return for the last three years.

required to ascertain tax

status

28 Valid proof of the tax assessment of

Premises and such other relevant documents

compulsorily required To ascertain the commercial

usage of the premises

29 Is the Premises subject to any acquisitions or requisitions or whether it has been notified for acquisition

or requisition. Please provide details

Please Note: The Company reserves the right to ask for other documents/permits/approvals/information as

it may deem fit.



SCHEDULE ‘E’ – OTHER DETAILS/DOCUMENTS SUBMITTED BY BIDDER

(To be filled in by the bidder)



SCHEDULE ‘F’ – DEVIATIONS IF ANY

(To be filled in by the bidder)

Sl

NO.

Section Deviation Reasons for

Deviation



SCHEDULE ‘G’ – PRICE BID CANARA HSBC ORIENTAL BANKOF COMMERCE LIFE INSURANCE CO. LTD.,

FACILITIES & ADMINISTRATION DEPARTMENT, GURGAON OFFER LETTER TO BE GIVEN BY THE LANDLORD(S)

OFFERING PREMISES ON LEASE

OFFER LETTER (COMMERCIAL) IN SEPARATE SEALED ENVELOPE

FROM

………………………………..

………………………………..

…………………………………

To

The AVP Procurements

Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd.

Orchid Business Park, 2nd Floor,

Sector 48, Near Sohna Road,

Gurgaon 122018 (Haryana)

Dear Sir,

Sub : OFFER TO GIVE ON LEASE THE PREMSIES FOR YOUR Office AT BANGALORE

I / We offer to you to give you on lease the Premises described here below for your Hub Office at

Bangalore. a)

COMMERCIAL TERMS & CONDITIONS FOR LEASE

DESCRIPTION UOM Price Details (INR) Necessary Inputs/Remarks

Super Area (sq.ft) Please mention the

Area

Carpet Area (sq. ft)

Lease Term

Base Rent (Bare Shell) -

Fitout Rental Cost

Common Area Maintenance Cost

Parking (Free) Pl mention the total

parking that will be

provided by you free

of cost. Parking - (Paid)

Cost of Escalation %age (on base

rent excluding fit-outs) and time

period

Taxes on above (Base Rent +

CAM)



Property and Related Tax

Should be borne by

the Landlord

Signage, Antenna and/or equipments

for network connectivity

Please provide the

area and location for

signage. We expect Sufficient space to be

provided on Free of

cost basis

Availability of Electricity and

Water Connection (also mention

the cost impact if any)

Cost of Power (per unit) Primary

Apart from Cost

Please provide the

dedicated capacity of

Electricity which

will be provided to

us

Cost of Power (per unit) (DG Back

up)Secondary

Apart from Cost

Please provide the

dedicated capacity of

Electricity which

will be provided to

us

Cost of Water (if any)

Division of Stamp Duty &

Registration cost

Rent Free Period

Security Deposit

Lock-in Period

Notice Period

Exit Option

Handing over of site (dully

completed for occupancy) from

the date of LOI

Warranties of installed

equipments.

Any other inputs not mentioned

above

a) Lease period : 3+3+3 years certain from the date of handing over vacant possession after completion of

construction, repairs, renovations, additions, etc.,

b) Taxes / Rates :

All existing/ future Municipal / Corporation taxes, rates, GST and cessess will be paid by me /us.

c) Maintenances / Repairs :

1. Company shall bear actual charges for consumption of electricity and water, I / We undertake to

provide separate electricity / water meters for this purpose.

2. All repairs including annual / periodical white washing and annual / periodical painting will be got

done by me / us at my / our own cost. In case, the repairs and / or white / colour washing is / are not



done by me / us as agreed now, you will be at liberty to carry out such repairs white / colour washing,

etc. at our cost and deduct all such expenses from the rent payable to us.

d) Monthly lease rent payable during the notice period of termination of lease shall be adjusted from the

amount of security deposit and the Landlord will refund the balance amount, if any, of the security deposit

to the Company at the time of vacating the Premises. In case, after adjustment of the lease rent from

security deposit if there is due amount from landlord/lessor then the landlord/lessor shall pay such amount

to the Company/lessee. Where the Lease Deed is not terminated and is going to expire by efflux of time,

the Company shall adjust the entire security deposit amount towards the lease rent. During such period

(termination/expiry of lease), the landlord/lessor will raise the invoice by mentioning that the lease rent

amount has been adjusted towards the security deposit.

Yours faithfully

Place :

Date : (Owner/s)



SCHEDULE 1

Goods and Services Tax

The Goods and Services tax becomes applicable on all services as well as purchase of goods from 1st July 2017.

Consequently, to comply with the provisions of Central Goods and Services Tax Act, 2017 (CGST), State Goods

and Services Tax Act, 2017 (SGST), Union Territory Goods and Services Tax Act, 2017 (UTGST), Integrated

Goods and Services Tax Act, 2017 (IGST), read with rules issued there under from time to time ("GST Law"), the

Parties are mutually agreeing to the following:

1. The Lessor agrees and undertakes to maintain GST Compliance Rating - Seller / Supplier as prescribed by the

government from time to time throughout the Term of the Agreement, failing which the Lessee will have a right

to immediately terminate the Agreement with the Lessor.

2. The Lessor shall ensure that the undisputed invoice is issued and delivered to the Lessee on a timely basis in

order to ensure that the payment is made by the Lessee with the timelines provided in the Agreement or 180

days from the date of issue of undisputed invoice, whichever is earlier. Further the undisputed invoice should be

delivered within one month from the provision of the Service/delivery of goods to safeguard the loss of credit to

the Lessee.

3. The Lessor agrees to adhere to the reporting timeline of GST return and agrees to file the GST return by the

10th of next month or any other timeline as prescribed in the GST law. The Lessor agrees to report correct

Lease rent paid in the return to enable admissibility of credit to the Lessee as per time of Lease rent. If the same

is not done, the Lessee would be entitled to recover the credit lost from the Lessor along with applicable

interest.

4. The Lessor agrees to send the invoices to the Lessee in the manner prescribed under the GST law containing the

prescribed fields such as, name and GSTIN of Lessor, name, address and GSTIN of recipient, description of

services along with HSN/ SAC codes, Lease rent paid, tax charged, rate of tax, invoice number and date etc. in

a proper manner, along with other requirements as may be prescribed under the GST law.

5. HSN/ SAC of goods/ services would be prescribed by Lessor and the same would be used by the Lessee. If the

HSN/SAC code used in the invoice is different from return filed with the authority and due to such discrepancy

if the Lessee looses out on input credit or any penalty or interest is imposed on the Lessee then the Lessor

immediately will reimburse the loss caused to the Lessee and keep Lessee indemnified of all liabilities arising

out of such discrepancy.

6. Lessor shall ensure that any discount given to the Lessee is duly recorded in the invoice. Further, in case any

discount is offered after the Supply has been effected, then the same should be as per terms and conditions of

the Agreement, and should be linked to relevant invoices.

7. Any adjustment of price or return of goods/service by the Lessor shall be through credit note and the same shall

be duly reported in the return linked with the invoice.

8. The Lessor represents that he is not a Composition Dealer and he will inform the Lessee that he is as and when

he becomes a Composition Dealer. Further, no GST should be charged by the Composition dealer on his

invoice.

9. All references to VAT and Service Tax and cess, if any, in the Agreement stands replaced with IGST or CGST

or SGST/UTGST as applicable.

10. It is being mutually agreed between the Parties that where the place of supply for services is the Location of

Recipient, address provided by the Lessee for the purpose of billing would be treated as Location of

Recipient/address on records as envisaged under GST Law. In case of goods, it shall be the responsibility of the

Lessee to provide the correct “Bill to” and “Ship To” address and respective GSTIN, wherever applicable at the

time of issuance of the purchase order. The Lessor agrees not to dispute the billing details provided by the

Lessee.

11. With respect to the services provided and/or goods supplied, the Lessor will be solely responsible for performing

all compliances and making payments of GST, interest, penalties or any other tax/ duty/ amount/ charge/ liability

arising either out of laws/ regulations applicable in India and overseas or because of a demand/ recovery

initiated by any revenue authority under laws/ regulations applicable in India or overseas.

12. This Schedule is effective from 1st July 2017.