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Delhi Metro Rail Corporation invites bids for Phase 2 of MRTS

Delhi Metro Rail Corporation invites bids for Phase 2 of MRTS

Author | Pallavi Goorha Kashyup | Thursday, Jul 01,2010 9:20 AM

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Delhi Metro Rail Corporation invites bids for Phase 2 of MRTS

The Delhi Metro Rail Corporation (DMRC) has invited bids from agencies for licensing out advertising rights inside nine underground stations on Line 2, southern extension of the MRTS Phase-II (Udyog Bhawan to Saket). The contract shall be awarded for a period of five years and an EMD of Rs 25 lakh is required.

The nine stations specified in the tender include those at Udyog Bhawan, Race Course, Jor Bagh, INA, AIIMS, Green Park, Hauz khas, Malviya Nagar, and Saket. DMRC will be providing advertising rights on 426 pre-designed and fabricated panels inside theses stations and the total advertisement space offered is approximately 4033.26 sq. m.

DMRC has also invited bids for licensing out advertising rights inside four underground stations on Line 6 of the MRTS Phase-II (Central Secretariat to Jangpura). The contract shall be awarded for a period of five years and an EMD of Rs 10 lakh is required.

The four stations specified in the tender include those at Central Secretariat, Khan Market, JLN Station, and Jangpura. These advertising rights are being offered on 113 pre-designed and fabricated panels inside the stations and the total advertisement space being offered is approximately 983.34 sq. m.

The successful bidders shall be required to submit an interest free security deposit for an amount equivalent to one year’s license fee. This amount will be deposited in the form of six months bank guarantee and six months cash deposit through bank draft or pay order. The security deposit will be escalated by 5 per cent after every year on compounded basis.

The tender forms can be obtained from the DMRC office up to 12 pm on July 21, 2010 upon payment of Rs 5,250 through a demand draft drawn on any scheduled commercial bank except regional rural banks and local area banks favouring Delhi Metro Rail Corporation Ltd, payable at Delhi. The bid will be opened the same day at 4:30 pm.

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