Board of Control for Cricket in India (BCCI) announces release of … – IPLT20.com

04 Jan, 2023

January 3, 2023
Board of Control for Cricket in India (BCCI) announces release of Invitation to Tender for the right to own and operate a team in Women’s Indian Premier League.
The Governing Council of the IPL invites bids from reputed entities to acquire the right to own and operate a team in Women’s Indian Premier League, through a tender process.
The detailed terms and conditions governing the tender process including eligibility requirements, process for submissions of bids, proposed team’s rights and obligations, etc. are contained in the ‘Invitation to Tender’ (ITT) which will be made available on receipt of payment of a non-refundable fee of INR 5,00,000 (Rupees 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 January 21, 2023. 
Interested parties are requested to email the details of payment made for the purchase of the ITT to wipl.teams@bcci.tv , as per the procedure laid down in Annexure A. It is clarified that the ITT documents shall be shared only upon receipt of payment of the non-refundable fee as above.
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
 
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 5,00,000 + 90,000 (GST) i.e., Total INR 5,90,000 (Rupees Five Lac Ninety 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 in United States Dollar (USD) for an amount  equivalent to INR 5,00,000 (Rupees Five Lakhs Only) is to be made to the following bank account:
USD Bank Account Details:
 
       Beneficiary Bank:     Bank of Maharashtra,
                                          Overseas Branch
                                          Mumbai
                                          Swift Code: MAHBINBBOVM 
                                          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 wipl.teams@bcci.tv with the subject line “Confirmation of Payment of ITT Fee for a WIPL Team” 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.
 
 
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