BCCI announces release of Invitation to Tender for WIPL teams
The Governing Council of the IPL has invited 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 ITT will be available for purchase till January 21, 2023.
Interested parties have been requested to email the details of payment made for the purchase of the ITT to wipl.teams@bcci.tv. 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 will be 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 has been clarified that merely purchasing this ITT will not entitle any person to bid. Further, the BCCI reserves the right to cancel or amend the bidding process at any stage in any manner at its discretion.