RFP for ADVERTISEMENT RIGHTS CONCESSION TO DESIGN, DEVELOP, OPERATE, AND MARKET THE ADVERTISING OPPORTUNITY at Chennai Airport
Tender Description
RFP for ADVERTISEMENT RIGHTS CONCESSION TO DESIGN, DEVELOP, OPERATE, AND MARKET THE ADVERTISING OPPORTUNITY at Chennai Airport
Tender Specifications & Timeline
14 FieldsAward of Contract (AOC) Details
Awardee / Contractor
Times Innovative Media Limited
Award Date: 10-Apr-2024
Completion Period: 2555 Days
Contract Financials & Scope
INR 22.93
22.93 per passenger per month.
Contract Award Info Updated 10-Apr-2024 03:35 PM by MINI SARASWATHI AMMA
Total Bidders
1
Winning Bid (H1)
₹23.11
Estimated Value (PAC)
₹49.05 Cr
Margin vs Estimate
-100.00%
Completion Period
2555 days
AOC Award Date
10-Apr-2024
| Rank | Bidder / Contractor | Quoted Bid | Gap vs H1 | vs Estimate | Status |
|---|---|---|---|---|---|
| H1 | ₹23.11 | 0.0% (H1) | — | Accepted-AOC |
This airports tender covers rFP for ADVERTISEMENT RIGHTS CONCESSION TO DESIGN, DEVELOP, OPERATE, AND MARKET THE ADVERTISING OPPORTUNITY at Chennai Airport, issued by Airports Authority of India under reference Advertisement_August2023. The estimated contract value is ₹49.05 Cr, and the tender is currently Expired. Following contract finalisation, the work was awarded to Times Innovative Media Limited for a total value of ₹23.
This procurement is part of ongoing efforts by central government agencies and public sector undertakings to maintain and upgrade public infrastructure and services in Chennai Airport. Vendors interested in similar opportunities can browse other tenders from the same issuing organisation below.
Tender Documents
Download official tender documents, technical specifications, schedules, and BOQ files
techsummary_178264.pdf
BOQ Comparative Chart
finsummary_178264.pdf
LOIA_TimesInnovativeMediaLimited.pdf
Awarded to H1
| Bidder | Submitted On | Status | Fin. Value | Rank | Remarks / Logs |
|---|---|---|---|---|---|
Times Innovative Media Limited #596686 | 22-Aug-2023 02:49 PM | Accepted-AOC Updated: 10-Apr-2024 03:36 PM | 23.11 | H1 | Awarded to H1 |
Bid Evaluation Details & Logs
technical bid opening
Date: 12-Sep-2023 10:03 AM
Officer: MINI SARASWATHI AMMA
Admitted for Technical Evaluation
technical evaluation
Date: 12-Sep-2023 10:18 AM
Officer: MINI SARASWATHI AMMA
finance bid opening
Date: 13-Sep-2023 04:08 PM
Officer: MINI SARASWATHI AMMA
Auto Opened
finance evaluation
Date: 10-Apr-2024 12:45 PM
Officer: MINI SARASWATHI AMMA
About This Procurement Notice
This central government tender was issued by Airports Authority of India. The estimated contract value is ₹49.05 Cr. Bids must be submitted by 05-Sep-2023 03:30 PM.
BiharInfraTales aggregates procurement notices from Bihar eProcurement, GeM portal, and central government tender portals. Data is refreshed every 30 minutes. Always verify details on the official portal before submitting a bid.
Frequently Asked Questions
- QWhat is the status of the tender "RFP for ADVERTISEMENT RIGHTS CONCESSION TO DESIGN, DEVELOP, OPERATE, AND MARKET "?
- The current status of this tender is "Expired". The submission deadline is 05-Sep-2023 03:30 PM. This information is sourced from official government procurement portals.
- QWho issued this central government tender?
- This tender was issued by Airports Authority of India. The reference number is Advertisement_August2023. It is a central government procurement notice.
- QWhat is the estimated value of this tender?
- The estimated tender value is ₹49.05 Cr. This is the approximate contract value as disclosed in the official tender document.
- QWho won the contract for this tender?
- The contract for "RFP for Advertisement Rights Concession to Design, Develop, Operate, and Market the Advertising Opportunity at Chennai Airport" was awarded to Times Innovative Media Limited with an awarded contract value of ₹23.
- QWhat is the final awarded contract value?
- The final awarded contract value is ₹23 (100% below the estimated PAC of ₹49.05 Cr).