Tender for Bulk Advertising Rights for Display of Advertiseme...

Purchaser's Detail

Tender's Details

Bulk advertising rights for display of advertisement on expired and vacant hoardings available at Vapi, Valsad, Navsari and Surat Stations by dismantling the existing hoarding structures and replacing it with erection of new hoarding structures with display area of 11, 400 sq. ft. for a period of 5 years.
Contract Type : Earning
Tender Title : Bulk advertising rights for display of advertisement on expired and vacant hoardings available at Vapi, Valsad, Navsari and Surat Stations by dismantling the existing hoarding structures and replacing it with erection of new hoarding structures with display area of 11, 400 sq. ft. for a period of 5 years.
Tender Type : Open
Advertised Value : 8336200.00
Bidding Style : Single Rate for Each Schedule
Bidding System : Single Packet System
Pre-Bid Conference Required : No
Pre-Bid Query Date Time : Not Applicable
Tendering Section : ADVT
Bidding Unit :
Date Time Of Uploading Tender : 06/12/2021 11:00
Period Of Completion : 5 Years
Bidding Start Date :
Closing Date Time : 05/01/2022 15:00
Validity of Offer ( Days) : 45
Are Joint Venture (JV) firms allowed to bid : Yes
Tender Doc. Cost (Rs.) : 10000.00
Earnest Money (Rs.) : 886900.00
Contract Category : Advertising
Escalation Clause Applicable : Yes
Escalation Clause : Applicable Yes Escalation Clause Description For second and third year of the contract, there shall be no escalation in license fees. For the Fourth year and Fifth year of the contract, an annual escalation of license fee at the rate of 10% per annum on the license fees of the immediate preceding year shall be applicable.