The Delhi Transport Corporation (DTC) has invited tenders offering two-year rights for display of ads on 135 newly constructed or under construction modern stainless steel bus queue shelters lying under the Common Wealth Games 2010 zone on an ‘as-is-where-is-basis’. The minimum reserve price per month per bus shelter has been fixed at Rs 75,000, while the EMD required for this tender is Rs 40 lakh.
The number of bus queue shelters (BQS) mentioned in the tender is tentative and is subject to change both in terms of numbers as well as locations. An approximate display area of 16.13 sq. m. will be allowed to be used for advertising purposes on each BQS. Advertising space available are on two panels – first, having area of 2.53 sq. m each; and secondly, panels having an area 8.64 sq. m (5.76m x 1.50m) and 2.43 sq. m (1.256m x 1.956m) each.
Applicants should have minimum three years’ experience in the advertising business and the minimum average annual turnover for the last three years should be Rs 20 crore.
Further, in view of the up-coming Common Wealth Games in October 2010, DTC might withdraw the ad rights temporarily for a period to be specified at an appropriate time by giving a three-day notice. During this period, DTC will use these displays for Common Wealth Games related advertisements.
In the above situation, the contract period of two years shall be deemed to have been completed, only after adding the period of such temporarily withdrawals.
The earnest money deposit of Rs 40 lakh will have be deposited through a demand draft or pay order only drawn from nationalised bank. The draft or the pay order should be drawn in favour of CMD, DTC, and should be payable at Delhi.
Interested parties can obtain the tender documents from Delhi Transport Corporation, Room No. 207, Tender Cell, IP Estate, New Delhi - 110 002, on payment of Rs 10,000 through cash or demand draft. The demand draft should be drawn in favour of CMD, DTC payable at Delhi.
The tender will have to be submitted under the ‘two-bid’ system, which comprises Part I as ‘techno-commercial bid’ and Part II as ‘price bid’.
Duly completed tenders should be addressed to Chairman-cum-Managing Director, Delhi Transport Corporation and should be submitted at Room No. 207, Tender Cell, IP Estate in a sealed cover duly super scribed, ‘Tender for advertising rights for 135 Modern stainless steel BQSs’.
Last date for submission of documents is 12 pm on August 24, 2010. The techno-commercial bids will be opened on the same day at 3 pm.