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North Delhi Municipal Corporation invites Advertising Right bids on Cluster Basis

22, March, 2016

Bureau, New Delhi

The tender includes media based out in 6 different locations of North Delhi Municipal Corporation zone, along with the bid security equivalent to 20% of Reserve Price of each cluster

North Delhi Municipal Corporation invites application for the allotment of advertisement rights for various outdoor sites through e-auction on cluster basis. An advertisement cluster will be allotted ti the highest bidder and allow them to advertise all kinds of media as per the OAP (Outdoor Advertising Policy) 2007, except public utilities, parks and electric poles.

The authority is open for the display advertisement through neon-sign amongst others, however with the prior approval of the Competent Authority, North D.M.C., for neon-sign only.

The License for Advertisement Rights will be for initial duration of three years, with effect from the date of allotment, extendable by another two years with 10% enhancement and further two years at another 10% enhancement on compound basis, unless otherwise terminated by North D.M.C or surrendered by the Licensee/ Advertiser, in term of provisions of License Agreement.

The sale of the tender application, which has already begun, will continue to be available till 5th April, 2016. And the E-Auction bidding will start on 11th April, 2016.

Details of Sites as per the different locations:

S. No.

Zone Names

No. of Clusters

Reserve Price  (in Lacs/Per Month)

1)

Narela Zone

2

88.00

2)

Civil Line Zone

4

99.00

3)

City Zone

1

68.00

4)

Rohini Zone

3

145.00

5)

Sadar Pahar Gunj Zone

2

78.00

6)

Karol Bagh Zone

3

147.00 

 

 

Tags :  North Delhi Municipal Corporation Cluster Tender E-Auction

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