Branded apparel outlet at Belagavi Airport – Tender invited | Apply here

Airports Authority of India is (“AAI”) is the largest Airport Operator in India providing
Modernization, Air Navigation, Operation and Management of 125 plus Airports across
India.

AAI is desirous of participation of eligible entities in the subject e-tender for award of license for the facility RETAIL OUTLET FOR BRANDED APPAREL SHOP AT SHA of Belagavi Airport.

E-Tender is hereby invited for granting the license for the facility of RETAIL OUTLET FOR BRANDED APPAREL SHOP AT SHA of Belagavi Airport.

Name of the tender : License to operate Retail outlet for BRANDED APPAREL SHOP AT SHA of Belagavi Airport. Period : 3 years Area : 9 sqm (tentative)

Tender Process fees (INR) : Rs.2,000/- (Rupees Two Thousand only) (Non Refundable)

Earnest money deposit : Rs.50,000/- (Rupees Fifty Thousand only)

Minimum reserve license fees : Rs. 13,500/- per month (Rupees Thirteen thousand five
hundred only) + Applicable taxes extra.

Location Details: Indicative Location sketch of concession area layout along with
detailed schedule of premises specifying area is at Appendix 3 & 4

3· Period of Concession: 3 years.
4· Rate of Escalation:
(a) License Fees shall be subject to annual escalation of 10%.
(b) The first annual escalation will be applicable after completion of one year + six
months license period if applicable. Thereafter the same will be applicable after
completion of subsequent one year period there from. Even if, on account of any delay
whatsoever, licensee could not commence business operations on the expiry of gestation period stipulated in the NIT, for the purpose of calculation of date on which 18 months of license are completed (date on which first escalation is applied) shall be deemed from next day of expiry of gestation period stipulated in NIT.

5. The prospective bidders are requested to go through the tender conditions and visit the site /airport to assess the feasibility of business / undergo proper diligence study and thereafter may bid in the Tender. No reduction in license fee will been entertained by AAI at any stage for whatever reasons.

6. Participants are advised not to give any conditional tender and adhere to the terms and conditions indicated in the tender documents provided by AAI. Conditional tenders would be summarily rejected.

7. Business Incubation Period shall mean a period of 15 days from the date of issuance of LOIA to the selected bidder. The selected bidder will be under obligation to complete all the formalities/ conditions of award as will be specified in the LOIA.

Last sale Date : 01-Jun-2021
Department : Commercial
Upload Date : 01-Jun-2021 13:15
Tender Type: Domestic
Tender Is: Sale Tender
Minimum Support Price : INR 13500
Bid Type:Open Tender 2 ENV
Status : Open