Stage-2 is a closed competition between eligible and winning “Consultant” teams of Stage-1.
At commencement of Stage-2, all Participants would be provided with additional information of respective station areas and are as follows:
The Participant in Stage-2 shall furnish as part of its Proposal, a bid security of INR 2,00,000 (two lakhs only) through NEFT or RTGS only in IRSDC’s Bank Account number: 040802000002256, RTGSD/IFSC code: IOBA0000408 at Indian Overseas Bank, R. K. Puram Branch, New Delhi in favour of “Indian Railway Stations Development Corporation Limited” payable at New Delhi (the “Bid Security”), returnable not later than 60 (sixty) days from Stage 2 submission due date except in case of the two highest ranked Participant for each station. In the event that the first ranked Participant commences the assignment, the second ranked Participant, who has been kept in reserve, shall be returned its Bid Security forthwith, but in no case not later than 120 (one hundred and twenty) days from Stage 2 submission due date. The Selected Consultant’s Bid Security shall be retained as Performance security and same shall be returned after submitting Performance Security and acceptance of same after verification. It is mandatory for Participant to provide their Banker’s details (Name of Bank and Branch), along with their own bank details (Account No., Name of account holder, NEFT/RTGS details).