Due to non-participation from the industry, the authority will retender both properties with minor changes in the terms
The contract will be allotted on monthly license fee basis in two bid system for 3 years
The reserve price has been reduced to Rs. 27.15 crore per year from Rs. 30 crore per year
The tender is for digital ad displays on 100 low floor AC buses and 150 low floor non-AC buses
The tenders call for EOI on ideas for innovative OOH advertising, station branding, branding on Fast/Super-Fast and Passenger Trains
Bids invited for awarding license for the display of advertisement in KRSTC fast passenger category buses, ordinary buses and KURTC Buses on the auction cum tender...
The contract has been awarded for 10 years
The stations would be given for Semi-Naming activities on as-is-where-is basis. Corridor I has 15 stations and Corridor II - 16 stations
SDMC will look to favourably consider industry concerns
Media owners cite high tender cost as an inhibiting factor, apart from the proposed elevated road project that would affect the visibility of the tendered media