BCCI announces release of Invitation to Tender for Media Rights to the Indian Premier League Seasons 2023-2027

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.

Khel Today Bureau

New Delhi: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.

 

ANNEXURE A

PROCEDURE TO PROCURE THE ITT DOCUMENTS

 

The ITT document can be purchased as per the following procedure:

 

1. 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

 

1. 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.tv with 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.