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Rule 11
11
11. Submission of proposal: (1) In accordance with sub-rule (1) of rule 10, the investor who wishes to submit a proposal, listed in sub-rule (5) of rule 9, shall disclose the following details and submit the proposal to the office within the period mentioned in such invitation:-
(a) Preliminary feasibility study of the project,
(b) Technical design of the project and its sustainability,
(c) Estimated cost of the project,
(d) the proposed financial resources of the project,
(d) Business Plan for Project Implementation,
(f) Preliminary environmental study report of the project,
(g) Details of the estimated fees to be collected from the users after the implementation of the project,
(h) Estimated details of royalties or fees to be paid to the Government after implementation of the project.
(2) When submitting a proposal according to sub-rule (1), if the investor has to purchase documents related to the proposal from the office, the details mentioned in that sub-rule should be disclosed in such document, the technical and financial proposals should be sealed in separate envelopes and both envelopes should be sealed again and submitted to the office.< br> (3) According to sub-rule (2) within fifteen days of submission of the proposal to the office, the technical proposal shall be opened based on the standards approved by the board and the proposals deemed appropriate from the technical point of view shall be evaluated by the experts and submitted to the board for approval.
(4) According to sub-rule (3), the financial proposal of the proposal whose technical proposal is rejected shall not be opened and the proposer of such proposal shall be notified within three days from the date of acceptance of the technical proposal to withdraw such proposal.
(5) Proposers whose technical proposals have been approved as per sub-rule (3) shall be notified of the place, date and time of financial proposal opening and to attend at that place.
(6) The financial proposal shall be opened in the presence of the respective proposer or his representative on the date, time and place as per sub-rule (5), but due to the absence of the relevant proposer or his representative.The opening of proposals will not be stopped.
(7) When the proposal is opened in accordance with sub-rule (6), a bond shall be raised and signed by the present investor or his representative so that it is clear whether the proposal has been duly filed or not.
(8) The office shall evaluate and analyze the proposals opened in accordance with sub-rule (6) and submit the same report to the board for approval within one month.