The senior divisional commercial manager, Mumbai division, Central Railway, Chhatrapati Shivaji Terminus (CSTM) has invited sealed tenders from advertising agencies and other interested parties for awarding bulk ad rights in different publicity zones of CSTM. Successful bidders will be allowed to display advertisements on hoardings, glow signs, boards, trivisions etc. at earmarked locations. These rights are being offered for a period of three years. The total display space being offered through these tenders is more than 30,000 sq. ft. The earnest money deposit (EMD) required ranges from Rs. 1,32,100 to Rs. 22,92,600.
Each publicity zone is being treated as a separate tender and the applicants will have to submit separate tenders for each publicity zone. Under the terms, the license fee from the second year onwards shall bear an annual escalation of 10 percent over the previous year. The applicants will have to submit the required EMD through pay orders or bank drafts favouring the sr. divisional finance Manager, Central Railway, Mumbai.
Interested parties can obtain the tender forms containing detailed terms and conditions from the office of divisional railway manager (commercial),