The Governing Council of the IPL had issued the ‘Invitation to Tender’ (“ITT”) documents available on payment of the non-refundable ITT fees on March 29, 2022. The invitation to purchase the ITT documents (“Invitation”), issued on March 29, 2022, is attached as Exhibit I (which also includes Annexure A).
Pursuant to requests from various interested parties, BCCI has now decided to further extend the date for purchasing the ITT documents till May 20, 2022. The procedure for purchasing the ITT documents is laid down in Exhibit I. All other terms contained in the Exhibit I (including the non-refundable ITT fee amount) shall be applicable herein.
Any interested party wishing to submit a bid is required to purchase the ITT. However, only those satisfying the eligibility criteria set out in the ITT and subject to the other terms and conditions set out therein, shall be eligible to bid. It is clarified that merely purchasing this ITT does not entitle any person to bid.
BCCI reserves the right to cancel or amend the bidding process at any stage in any manner at its discretion.
JAY SHAH
Honorary Secretary
BCCI
EXHIBIT I
March 29, 2022
Board of Control for Cricket in India (BCCI) announces release of Invitation to Tender for Media Rights to the Indian Premier League Seasons 2023-2027.
The Governing Council of the IPL invites bids from reputed entities to acquire the Media Rights for the Indian Premier League Seasons 2023-2027, through a tender process.
The detailed terms and conditions governing the tender process including eligibility requirements, process for submissions of bids, proposed media rights packages, and obligations, etc. are contained in the ‘Invitation to Tender’ (“ITT”) which will be made available on receipt of payment of non-refundable fee of INR 25,00,000 (Rupees Twenty- Five Lakhs Only) plus any applicable Goods and Services Tax. The procedure to procure the ITT documents is enlisted in Annexure A to this document. The ITT will be available for purchase till May 10, 2022.
Interested parties are requested to email the details of payment made for the purchase of the ITT to iplmediarights2022@bcci.tv, as per the procedure laid down in Annexure A. It is clarified that the ITT documents shall be shared only receipt of payment of the non-refundable ITT fee.
Any interested party wishing to submit a bid is required to purchase the ITT. However, only those satisfying the eligibility criteria set out in the ITT and subject to the other terms and conditions set out therein, shall be eligible to bid. It is clarified that merely purchasing this ITT does not entitle any person to bid.
BCCI reserves the right to cancel or amend the bidding process at any stage in any manner at its discretion.
JAY SHAH
Honorary Secretary
BCCI
ANNEXURE A to EXHIBIT I
PROCEDURE TO PROCURE THE ITT DOCUMENTS
The ITT document can be purchased as per the following procedure:
A. If the purchasing entity is an Indian entity:
Payment of INR 25,00,000 + 4,50,000 (GST) i.e., Total INR 29,50,000 (Rupees Twenty Nine Lac Fifty Thousand Only) is to be made to the following bank account:
INR Bank Account Details:
Account Name: The Board of Control for Cricket in India Account No.: 60082778272
Name of the Bank: Bank of Maharashtra Branch: Fort Branch, Mumbai
IFSC code: MAHB0000002
B. If the purchasing entity is a foreign entity:
Payment of USD 33,000 (US Dollar Thirty Three Thousand Only) is to be made to the following bank account:
USD Bank Account Details:
Beneficiary Bank: Bank of Maharashtra,
Fort Branch Mumbai
Swift Code: MAHBINBBFRT Account No.: 60081674478
Account Name: The Board of Control for Cricket in India
Correspondent Bank: Bank of New York, New York.
Routing No.: 021 000 018 Swift Code: IRVTUS3N Account No.: 803-3165-537
Once the payment is made, the payment confirmation is required to be shared by email to iplmediarights2022@bcci.tvwith the subject line “Confirmation of Payment of ITT Fee for Media Rights for IPL Seasons 2023-2027” along with the following details:
Name of the Party: Registered Address: Pan No (if applicable): GST No (if applicable):
It is clarified that the ITT documents shall be shared only upon receiving the payment and the details as mentioned above. It is further clarified that the ITT must be purchased by the entity that is desiring to bid.
