Nagpur Metro Update: Tender invited for licensing of advertisement rights at various metro stations of Nagpur Metro rail project

Maharashtra Metro Rail Corporation Limited (MMRCL) has invited tenders for Licensing of advertisement rights inside selected Metro Stations of Reach-1, Reach-2 and Reach-3 of Nagpur Metro Rail project for a period of 05 years.

  • Tender Reference Number: N1PD-49/2022
  • Name of Work: Licensing of advertisement rights inside selected Metro Stations of Reach-1, Reach-2 and Reach-3 of Nagpur Metro Rail project for a period of 05 years.
  • License Period: 05 Years.
  • Document Download Start Date: 14th July, 2022
  • Document Download End Date: 11th August, 2022
  • Pre-Bid Meeting: 21st July, 2022
  • Bid Submission Start Date: 14th July, 2022
  • Bid Submission End Date: 11th August, 2022
  • Bid Opening Date: 11th August, 2022

Objective:

  • To augment non-operational revenue of Maha-Metro through advertisements.
  • Position Maha-Metro as a most sought-after location for advertising.
  • Contribute to the aesthetical view of Maha-Metro through high quality advertising comparable to world class Airports & Metro Railways and other leading destinations.
  • Provide value to the Corporate who advertises in Maha-Metro.
  • To promote Maha-Metro as the gateway to Nagpur Tourism by highlighting Nagpur‘s heritage and cultural beauty.

Eligibility:

  • Qualification of Bidders For determining the eligibility of Bidders for their qualification hereunder, the following shall apply.
  • The bidder for qualification and selection shall be a single entity or a group of entities (the “Consortium”), joining together to perform the ‘scope of services’ as listed in this RFP Document and License Agreement.
  • For the purpose of this RFP, an Entity shall mean:
    • Sole Proprietorship Firm
    • Registered Partnership firm
    • Company Registered under Companies Act in India
    • Limited Liability Partnership,
    • OR any combination of them with a formal intent to enter into an agreement or under an existing agreement to form a Consortium.

Bid Security:

  • The Bidder shall furnish as part of its Bid, a Bid Security, in favour of Maha-Metro, equivalent to amount as stated below:
Sr. No Station Name Reach Bid Security (Amount in Lakhs)
1 New Airport Metro Station Reach-1 0.80
2 Airport South metro station Reach-1 0.60
3 Ujjwal Nagar Metro Station Reach-1 1.00
4 Jaiprakash Nagar Metro Station Reach-1 0.80
5 Ajni Square Metro Station Reach-1 0.80
6 Rahate Colony Metro Station Reach-1 1.20
7 Congress Nagar Metro Station Reach-1 1.60
8 Zeromile Freedom Park Metro Station Reach-2 0.90
9 Institution of Engineers Metro Station Reach-3 1.00
10 Shankar Nagar Metro Station Reach-3 1.00
11 LAD chowk Metro Station Reach-3 1.00
12 Dharampeth College Metro Station Reach-3 1.00
13 Subhash Nagar Metro Station Reach-3 0.80
14 Rachna Ring Road Metro Station Reach-3 1.00
15 Vasudev Nagar Metro Station Reach-3 1.00

Handing over of advertisement space(s):

  • After the evaluation of bids, Letter of Acceptance (LOA) will be issued to the Selected Bidders. The advertisement space(s), as mentioned in Annexure-1, shall be handed over for its operations and maintenance within 10 (ten) days from the date of signing of License Agreement.
  • In the event if the licensee fails to take-over the possession of the Advertising Space within the time stipulated by Maha-Metro, the license period shall be deemed to have commenced from the date of signing of license agreement, irrespective of the date of actual handing over of the Advertising Space.
  • The Selected Bidder shall not be eligible to claim any compensation on account of any delay in handing over any/all the advertisement spaces to him.
  • At the time of termination/natural completion of license, Maha-Metro reserves the right to ask the Selected Bidder to restore the said tendered/ advertisement space(s) as per original allotment.
  • For detailed terms & conditions, kindly refer to the Draft License Agreement annexed at Volume – II.

Sale of document, e-payment procedure, submission and other details are available on MAHA-Metro (Nagpur) E- tender portal under section in e- tenders. https://mahametrorail.etenders.in


Source: Maha Metro -Tender | Image Credit (representational): Nagpur Metro

Be the first to comment

Leave a Reply

Your email address will not be published.


*