Further, if bank guarantee is being taken as bid security or performance security and it is not possible to furnish the same in the form of e-book guarantee, physical BG can be accepted.

The changes mentioned against the clauses in the table herein are forwarded for compliance.

This issues with the approval of the Hon'ble Minister (RT&H).

Provided that at least one similar work of 20% of Estimated Project Cost [Rs.'"' crore (Rs.'-'-)l shall have been competed from the eligible Projects in Category 1 and/or Category 3 specified in Clause 2.2.2.5. For this purpose, a project shall be considered to be completed, if more than 90% of the value of work has been completed and such competed value of work is equal to or more than 20%" of the estimated Project cost.

Bids will be evaluated on the basis of the lowest Bid Project Cost. The Concession Period is pre-determined. The Bid Project Cost shall constitute the sole criteria for the evaluation of bids.