New Delhi : bid for two new Indian Premier League The teams are due on October 17th. Interestingly, while the last day for inquiries regarding bidding for teams is September 21, bids can be selected till October 5.
While talking to ANI, sources close to the developments confirmed this. “The bidding is to take place on October 17, while inquiries can be made till September 21,” the source said.
The Governing Council of the Indian Premier League (IPL) had invited bids on 31 August to acquire the right to own and operate 1 (one) of the 2 (two) new teams proposed to participate in the tournament from the 2022 season. through a tender process.
“The detailed terms and conditions governing the submission and evaluation of bids, including qualification requirements, procedure for submission of bids, rights and obligations of the proposed new teams, etc., are contained in the ‘Invitation for Tender’ (“ITT”), which 10 Will be made available on receipt of payment of non-refundable duty of Rs.,00,000 (Rupees ten lakh only) and any applicable Goods and Services Tax. BCCI Said in an official release.
ITT is available for purchase till October 5.
Interested parties are requested to send an email to ittipl2021@bcci.tv to get more details for buying ITT. Emails requesting ITT should have the subject line “ITT FOR THE RIGHT TO OWN AND OPERATE ONE OF TWO PROPOSED NEW IPL TEAM”.
Any interested party willing to submit a bid is required to purchase ITT. However, only those fulfilling the eligibility criteria prescribed in ITT and subject to other terms and conditions laid down therein, shall be eligible to bid. It is clarified that mere purchase of this ITT does not entitle any person to bid.
BCCI reserves the right to cancel or modify the bidding process at any stage without assigning any reason thereof.
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