Central Railway invites tender for bulk advertising rights at CSTM Mumbai 
Mar 03, 2011
allaboutoutdoor.com Bureau, New Delhi

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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), 
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CSTM on any working day on production of cash receipt/pay order/demand draft issued in favour of the chief cashier, Central Railway, Mumbai Chhatrapati Shivaji Terminus towards requisite cost of tender form. The tender forms shall be available up to 5pm on March 18, 2011. The tender forms can also be downloaded from the website. In this case, the payment towards cost of tender forms will have to be submitted along with the bids.

Duly completed tender forms will have to be submitted at the office of sr. divisional commercial manager, Central Railway, Chhatrapati Shivaji Terminus, Mumbai - 400 001 latest by 3pm on March 21, 2011. The tenders will be opened the same day at 3:30pm.

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