Advertising Rights Concession to Design, Develop, Operate and Market the Advertisement Opportunity at Shaheed Bhagat Singh International Airport, Chandigarh
Tender Specifications & Timeline
14 FieldsAward of Contract (AOC) Details
Awardee / Contractor
Times Innovative Media Limited
Award Date: 21-Dec-2023
Completion Period: 2555 Days
Contract Financials & Scope
INR 24.1
Concession awarded to H1 Bidder Times Innovative Media Limited at MMG of Rs. 6223250 or Quoted Rate per Passenger of Rs. 24.10 X Total Number of Passengers in a month whichever is higher
Contract Award Info Updated 21-Dec-2023 12:10 PM by Amrit Garg
Total Bidders
2
Winning Bid (H1)
₹24.1
Estimated Value (PAC)
₹19
Margin vs Estimate
+26.84%
H1 to H2 Spread
+0.42%
Completion Period
2555 days
AOC Award Date
21-Dec-2023
| Rank | Bidder / Contractor | Quoted Bid | Gap vs H1 | vs Estimate | Status |
|---|---|---|---|---|---|
| H1 | ₹24.1 | 0.0% (H1) | +26.84% | Accepted-AOC | |
| H2 | Orango Solutions#635997 | ₹24 | -0.41% | Rejected | Rejected-AOC |
This airports tender covers advertising Rights Concession to Design, Develop, Operate and Market the Advertisement Opportunity at Shaheed Bhagat Singh International Airport, Chandigarh, issued by Airports Authority of India under reference CHIAL/COMML/ADVT/23-24/3. The estimated contract value is ₹0.00 Cr, and the tender is currently Expired. Following contract finalisation, the work was awarded to Times Innovative Media Limited for a total value of ₹24.
This procurement is part of ongoing efforts by central government agencies and public sector undertakings to maintain and upgrade public infrastructure and services in SBS International Airport, Chandigarh. 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_189204.pdf
BOQ Comparative Chart
finsummary_189204.pdf
LOIAADVT.pdf
Did not emerge as highest bidder
Highest Bidder
| Bidder | Submitted On | Status | Fin. Value | Rank | Remarks / Logs |
|---|---|---|---|---|---|
Orango Solutions #635997 | 21-Nov-2023 02:24 PM | Rejected-AOC Updated: 21-Dec-2023 12:11 PM | 24.00 | L2 | Did not emerge as highest bidder |
Times Innovative Media Limited #635890 | 21-Nov-2023 01:28 PM | Accepted-AOC Updated: 21-Dec-2023 12:11 PM | 24.10 | L1 | Highest Bidder |
Bid Evaluation Details & Logs
technical bid opening
Date: 01-Dec-2023 05:41 PM
Officer: Amrit Garg
Bids Responsive
technical evaluation
Date: 07-Dec-2023 04:07 PM
Officer: Amrit Garg
finance bid opening
Date: 11-Dec-2023 12:06 PM
Officer: Amrit Garg
Auto Opened
finance evaluation
Date: 18-Dec-2023 11:02 AM
Officer: Amrit Garg
About This Procurement Notice
This central government tender was issued by Airports Authority of India. The estimated contract value is ₹19. Bids must be submitted by 21-Nov-2023 05:00 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 "Advertising Rights Concession to Design, Develop, Operate and Market the Adverti"?
- The current status of this tender is "Expired". The submission deadline is 21-Nov-2023 05:00 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 CHIAL/COMML/ADVT/23-24/3. It is a central government procurement notice.
- QWhat is the estimated value of this tender?
- The estimated tender value is ₹19. This is the approximate contract value as disclosed in the official tender document.
- QWho won the contract for this tender?
- The contract for "Advertising Rights Concession to Design, Develop, Operate and Market the Advertisement Opportunity at Shaheed Bhagat Singh International Airport, Chandigarh" was awarded to Times Innovative Media Limited with an awarded contract value of ₹24.
- QWhat is the final awarded contract value?
- The final awarded contract value is ₹24 (26.84% above the estimated PAC of ₹19).