Amendment status not verified — confirm the current text below against the official source.
Change in Composition of Consortium.- (1) Where the Tenderer is a consortium, change in the composition of a consortium may be permitted by the Procuring Entity prior to the due date, only where: (a) The application for such change is made not later than 15 (fifteen) days prior to the due date; (b) The lead member of the consortium remains unchanged; (c) Based on requirement, a substitute is proposed at least equal, in terms of financial or technical capacity or both, to the consortium member who is sought to be substituted; (d) The modified consortium continues to meet the pre- qualification and short-listing criteria for the Tender Proceedings; (e) The new member or members expressly adopt the Responses already made on behalf of the consortium as if party to it originally; and (f) The new member or members do not have a Conflict of Interest in terms of rule 15. TAMIL NADU TRANSPARENCY IN TENDERS (PUBLIC PRIVATE PARTNERSHIP PROCUREMENT) RULES, 2012. 89 (2) Approval for change in the composition of a consortium shall be at the sole discretion of the Procuring Entity and shall be communicated by the Procuring Entity to the Tenderer in writing. (3) The reconstituted consortium shall submit a revised agreement before the due date.