Expression of Interest
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1 Expression of Interest (Advertisement to be published in the Newspapers) Sub: Expression of Interest ( EOI ) for offering office premises on Lease for the International Marketing Office of RINL at Colombo, Sri Lanka. Rashtriya Ispat Nigam Ltd., Visakhapatnam Steel Plant, Visakhapatnam, Andhra Pradesh, India, invites EOI from reputed real estate agencies/builders/individuals for offering office premises on lease to RINL for its International Marketing Office at Colombo, Sri Lanka. The details of the requirements are available in the web site mentioned below. Interested parties may please submit their offer with complete details of the premises/property including its location, the available facilities, ownership/authorisation details, valid licence, necessary clearances etc. Details of EOI can be downloaded from pages Exports - Filled in EOI can be submitted to the undersigned on or before 5.00 PM on 31/10/2016. Dy General Manager (Mktg)-ITD Marketing Department, International Trade Division, Admn Building RINL, VSP, Visakhapatnam Pin , AP, India. Phone: rinlexp@vizagsteel.com. Web: 1
2 1. INTRODUCTION The Company: Rashtriya Ispat Nigam Limited (RINL) is a Navratna company under Ministry of Steel, Government of India, with a turnover of about Rs.11,700 Crores (US$ 2.25 Billion). It has an Integrated Steel Plant viz. Visakhapatnam Steel Plant in India located in the port city of Visakhapatnam on the eastern coast of India. The company is presently producing 3 million tons and doubling its capacity to 6.3 million tons for which the main production units have already been commissioned. RINL is the market leader in Long Products (TMT Rebars, Rounds, Structurals & Squares). The company has been accredited with ISO 9001 for Quality, OHSAS for Health & Safety, ISO for Environment and ISO for Energy Management System (first among all Indian Steel Producers). RINL is already exporting around INR 866 Crs.(USD 8.66 Billion appx) every year. As RINL is doubling its capacity to 6.3 million tons and since new products will be available from expansion, the company is looking for exporting the larger volume to existing and new markets in South Asia, South East Asia, Middle East, East Africa and South Africa and other countries and establishment of Marketing Offices abroad. 2. OBJECTIVE OF EOI RINL desires to acquire office space on lease basis at Colombo, Sri Lanka for its International Marketing Office (IMO) in Colombo, Sri Lanka from where commercial activities of RINL will be carried out. 3. EXPRESSION OF INTEREST RINL seeks Expression of Interest from reputed, Firm/Builder/owners/their authorised representatives. The requirement is for around sq.ft in a ready for possession premises and approved for office use. The reputed, Firm/Builder/owners/their authorised representatives are eligible, provided they have the requisite Registration, License and/or appropriate authority as required. 2
3 Period for which the lease is offered and whether the lease can be renewed/extended on mutually accepted terms or not is to be indicated. Monthly charges for service i.e upkeep and maintenance of the building including maintaining the common facilities (Lift, Stairs, Fire protection, parking, common area security) etc shall be payable by the tenant i.e. RINL. The office space would be on Agreement basis on monthly rent for an initial period of 1 year (one year). Agreement may be renewed for `one year at a time' on mutual consent. Agreement and modalities can be mutually finalised at the time of signing of agreement. Conditional offers shall not be accepted. 4. LOCATION: The office space offered to be acquired on lease should be in prime commercial location, where from major national/international banks, offices of reputed national and international business concerns/establishments are operating and should be within Colombo City Limits in a good locality on a Main Road. The preferred areas are: a) Colombo-1 (Fort Area), b) Colombo-2 (Slave Island, Union Place), c) Colombo-3 (Kollupitiya), d) Colombo-4 (Bambalapitiya), Colombo-7 (Cinammon Gardens), Colombo-8 (Borella), Colombo-10 (Maradana, Panchikawatte), Colombo-11 (Pettah), Colombo-12 (Hultsdorf). RINL proposes to acquire office space on lease with a carpet area of around Sft, furnished/semi-furnished. The said premises shall have all the required clearances from the local civic bodies and concerned national and provincial/state authorities with respect to running of commercial activities, electricity, water supply, etc. The premises should have necessary clearance with respect to compliance of required safety standards as well as regarding all electrical installations including cabling inside the premises. The Firm/Builder/owners/their authorised representatives offering the premises/property have to furnish the documentary proof of its ownership/authorisation/general power of attorney, to enter into lease agreement regarding the premises/property offered. RINL reserves the sole right to qualify / disqualify the parties based on its evaluation and at its discretion and shall not be liable to provide reasons for the same. 5. Interested Firm/Builder/owners/their authorised representatives, shall submit the EOI along with the following details : a) Name of the Firm/Builder/owners/their authorised representative: 3
4 b) Owner of the Building/Premises: (Confirm the legal ownership of the property) c) Address for Communication: (House No/Apartment No/Street Name ETC.) d) Name, Designation and contact details (Office address, phone / /fax/mobile numbers etc.): e) PAN/TIN f) Carpet Area of Lease Premises ( In SFT) : g) Name of the Location: h) Area of Leasing: whether Residential Property or Commercial Property: i) Distance from Colombo Airport: j) Lease renewable: YES OR NO. IF YES Provide details: k) Age of the building: l) Amenities provided in the premises: m) Car Parking: The EOI must be in English. The interested parties having clear legal authorisation may please submit their Expression of Interest (EOI) in sealed envelope superscribed Expression of Interest for RINL Colombo Office in English. The sealed envelopes containing Expression of Interest (EOI) can be dropped in the tender box placed at the Office of the Deputy General Manager (Mktg) ITD, Rashtriya Ispat Nigam Limited, Visakhapatnam Steel Plant, Marketing Department, ITD, Admin Building, 1 st Floor, Visakhapatnam , Andhra Pradesh, India, not later than 1700 Hrs (IST) on 31/10/2016. EOI may be submitted either by the owner of the building or owner s representative. Representative will have to enclose the letter of authority along with EOI. The EOI sent by post should reach the above office address on or before the due date and time. EOIs received after the due date and time will not be considered. 6. DISCLAIMER The issue of this EOI, does not, in any way commit, or otherwise oblige RINL to proceed with all or any of the proposals received. The EOI request is not the subject of any process contract or any contractual obligation between RINL and the 4
5 Firm/Builder/owners/their authorised representative. RINL may at its absolute discretion, elect to abandon any part or whole of the process without giving prior intimation to the applicant or potential Bidder. RINL reserves the right to consider or reject any proposal at any point of time without assigning any reasons, whatsoever. 7. Notice Inviting Expression of Interest (EOI) as downloaded from RINL s website ( containing all the pages duly signed by the Firm/Builder/owner/authorised representative of owners, as a token of acceptance of the terms and conditions of EOI shall be submitted along with the offer. DGM(Mktg)ITD I/c For Rashtriya Ispat Nigam Limited 5
6 Application Form Profile of the Real Estate Agencies/Builders/Individuals (To be filled by party) A. Profile Name Address for communication Contact person(s) with their , contact number, FAX etc. Area (in Sft) Facilities available Any other details - Details of physical location of premises/property offered - Details of major national/international banks, offices of reputed national and international business concerns/establishments operating from the said complex/location. - Whether premises has all the required clearances from the local civic bodies and concerned national and provincial/state authorities with respect to running of commercial activities, electricity, water supply, etc. (Certificated from the concerned authorities regarding the above are to be submitted) - Whether premises has necessary clearance with respect to compliance of required safety standards as well as regarding all electrical installations including cabling inside the premises(certificated from the concerned authorities regarding the above are to be submitted) - Whether the real estate agencies/builders/individuals offering the premises/property has ownership of the premises/authorisation/power to enter into lease agreement regarding the premises (Documentary proof to be submitted. - Period for which offered on lease - Whether lease can be extended 6
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