North­ern Rly in­vites 5 year bids

Outdoor Asia - - News -

The North­ern Rail­way, New Delhi has in­vited two bids for ad­ver­tise­ment rights for Delhi area (con­tract-1) and for other than Delhi ar­eas (con­tract-2). Both the con­tracts will be treated un­der the ‘two-packet’ sys­tem. The du­ra­tion of both con­tracts is five years. The con­tracts in­cludes 1,35,758.58 sq. ft dis­play space in and around the rail­way. The me­dia properties in­clude dis­play on dif­fer­ent for­mats in­clud­ing hoard­ings, dis­play boards, glow signs, lol­ly­pop dis­plays, unipoles, pole kiosks etc. The earnest money de­posit (EMD) re­quired for con­tract-1 is Rs. 28,45,345 and for con­ract-2, is Rs. 26,79.867. Both the con­tracts will be treated sep­a­rately. The cost of the ten­der doc­u­ment for each con­tract is Rs. 10,000. Ac­cord­ing to the con­tract, ap­pli­cants should have a min­i­mum ex­pe­ri­ence of two years in the field of com­mer­cial ad­ver­tise­ment and should have ex­e­cuted at least one sim­i­lar work of a min­i­mum value of 50 per cent of the ad­ver­tised re­serve price for this ten­der, which may even be out­side the Rail­ways. Ap­pli­cants will have to sub­mit the EMD in the form of a de­mand draft or FDR, is­sued by any sched­uled com­mer­cial bank, drawn in favour of the Sr. DFM, North­ern Rail­way, New Delhi along with the bids

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