Cen­tral Rly in­vites bids for CST

Outdoor Asia - - News -

Cen­tre Rail­way, Mum­bai Di­vi­sion, Ch­ha­tra­p­ati Shivaji Ter­mi­nus-Mum­bai has in­vited bids for dis­play­ing ad­ver­tise­ments through paint­ing on bound­ary walls. The con­tract in­cludes the main line sec­tion from Ch­ha­tra­p­ati Shivaji Ter­mi­nus to Kalyan and on the Har­bor line sec­tion from Ch­ha­tra­p­ati Shivaji Ter­mi­nus to Mankhurd. The to­tal area of 91,863 sq. ft dis­play space is be­ing of­fered through this ten­der. The du­ra­tion of the con­tract is three years. The earnest money de­posit (EMD) re­quired is Rs. 1,83,726. And the re­serve price for the first year is Rs.18,37,260. Ac­cord­ing to the ten­der, the li­cense fee from the sec­ond year on­wards will bear an an­nual es­ca­la­tion of 10 per cent over the pre­vi­ous year

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