Western Railway invites bids for ad rights at Surat station
By M4G Bureau - November 21, 2019
Bids are for 80 display boards, 45 glowsigns
Western Railway’s Mumbai Central Division- Commercial division has floated a tender inviting bids to allot Bulk Advertising Rights at the Surat railway station. Bids are invited in single packets for two formats -- 80 display boards offering 2,456 sq.ft area and 45 glowsigns offering 1,752 sq.ft to be spread across the railway station. The rights will be given for a period of five years, and since the escalation clause is applicable, “The license fee shall escalate by 10% each year after 3rd year of the contract,” states the document.
The EMD for the contract is Rs 44.40 lakh.
The tender is open for bidding and will close on the 18.12.2019, at 3:00 PM. The tender document can be downloaded from here.