TENDER FOR OPERATING SNACK BAR IN THE ARRIVAL CITYSIDE AREA OF INTERNATIONAL TERMINAL AT COCHIN INTERNATIONAL AIRPORT LIMITED
TENDER NO: CIAL / COML / LIC 35 / 2023
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Commencement
date of Tender
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Last Date & Time
For Receipt of Bid in CIAL Commercial Department
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Date and Time of Opening the Bid
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27.01.2023
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17.02.2023, 1500Hrs
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17.02.2023, 1530Hrs
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1. Tenders are invited on behalf of the Cochin International Airport Limited (CIAL) for the license for operating ONE snack bar in the International Arrival City side area of Cochin International Airport, Nedumbassery Ernakulam, district Kerala.
2. Packed limited breakfast/Lunch/Dinner also will be permitted after the closure of Butterfly Restaurant.
3. The license is a revenue share arrangement whereby the Bidder shall pay 20% of gross monthly turnover to CIAL subject to a minimum guaranteed monthly amount as quoted by the Bidder in the bid form. License for operating the snack bar will be allotted to the bidder who quotes the highest monthly license fee amount to CIAL.
4. Period of License & Location
The tenure of License will be for 2 (Two) years extendable up to 1 year.
5. Area
The successful agency will be provided 20 Sqm area for Snack Bar and another 30 Sqm for open seating.
6. Eligibility criteria
The following agencies will be eligible to participate in the tenders;
(a) Agencies having at least 2 years’ experience in operating a Snack bar/ Food court/Restaurants. Turnover of not less than Rs.2 Crore from Food & beverage operations in any one of the preceding 5 years is required.
(b) Should have GST registration, FSSAI and PAN.
7. Utility and Water facilities
Electricity at one point shall be provided for the snack bar. Water and drainage will not be provided for the snack bar in the city side area of Arrival.
8. THE TENDERING PROCESS
The tender documents shall be issued to eligible agencies from the office of General Manager (Commercial) on payment of Rs. 2240/-, towards cost of Tender Documents in cash or by Demand Draft favouring CIAL payable at Ernakulam / Nedumbassery till 16th February 2023.
The tender shall be accompanied by an Earnest Money Deposit (EMD) of Rs.5,00,000/- (Rupees Five lakhs only) in the form of Demand Draft favoring “Cochin International Airport Limited” payable at Ernakulam/ Nedumbassery. EMD may also be remitted by bank transfer for which an acknowledgement from CIAL needs to be attached. The tenders without Earnest Money Deposit shall be summarily rejected.
In the event of making provisional allotment, the successful bidder shall deposit with CIAL, an amount equivalent to eight (8) times the monthly License fee quoted for first year as interest free security deposit for the faithful performance of the terms and conditions of the License agreement to be entered into with CIAL. Rs 10 lakhs of the security deposit should be in the form of Bank Transfer or Demand Draft favouring “Cochin International Airport Limited”, payable at Ernakulam and the balance in the form of Bank Guarantee. The interest free security deposit (as mentioned above), shall be remitted within 30 days from the date of provisional allotment.
The Bidder shall pay a revenue share of 20% of their gross turnover subject to a minimum guaranteed monthly license fee to be quoted in the bid form. The minimum Bid amounts for monthly license fee for operating one snack bar in the International Arrival city side area of T3 is Rs : 3,00,000/-. The bidders shall quote in equal or excess of this. The successful bidder shall pay every month either 20% of their Turnover from the outlet or the minimum guaranteed monthly license fee quoted, whichever is higher. The definition of “Turnover”: means Total invoice value of sales, before tax and net of discount.
The guaranteed monthly license fee quoted shall be remitted in advance on or before the 10th day of each month.
The monthly License fee quoted shall be subject to an annual compound escalation of 10% per year for each subsequent year of operation.
Only Bare space will be provided by CIAL for the Snack Bar. The successful bidders shall develop the snack bars and associated facilities at their cost after obtaining written approval from CIAL Civil and Electrical department for the design and layout.
Address for Communication at CIAL:
For Further details & Tender document Contact Mr. Joseph Peter Painunkal, General Manager (Commercial), Cochin International Airport Limited, Kochi Airport PO, Ernakulam, Kerala – 683111.Ph: 9539701512, Phone: 0484 2610115 Ext: 2619, 3507, E-mail: [email protected], [email protected]
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