Central Railway invites exclusive rights for commercial advertising through e-tender

Bhusawal Railway Division under Central Railway from Indian Railway invites e-tender for exclusive advertisement rights in circulating and non-circulating area in Burhanpur Railway station. This normal open e-tender holds advertised value of Rs 3,91,390 where the bidding will be based on a single rate for tender. The earnest money has been fixed at Rs 41,600 and the tender document costs Rs 1000. This type of earning contract has the facility for bidding through joint venture firms in the ranking order – from highest to lowest bids, where the bidder will quote the yearly offer price i.e. the first-year license fee. This license fee will be escalated by 10% each year after completing three consecutive years. Bidders can participate in the single packet system bid by submitting notarised affidavit on a non-judicial stamp paper in the format required for verification of the documents that are in compliance with the eligibility criteria.

The contract will be awarded for 5 years and the last date for closing of this tender is May 28th,. 2019.

The tender document can be downloaded from www.tenderdetail.com