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

Purchaser's Detail

Tender's Details

Bulk advertising rights for display of advertisements at Matunga Road station on existing two hoarding structures by dismantling & replacing with new structure with area of 800 sq. ft. for a period of five years.
Contract Type : Earning
Tender Title : Bulk advertising rights for display of advertisements at Matunga Road station on existing two hoarding structures by dismantling & replacing with new structure with area of 800 sq. ft. for a period of five years.
Tender Type : Open
Advertised Value : 2682000.00
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 : 07/12/2021 13:56
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.) : 5000.00
Earnest Money (Rs.) : 285400.00
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.