TENDER FOR OPERATING VEGETARIAN CAFE IN THE CITYSIDE AREA OF DOMESTIC ARRIVAL TERMINAL AT COCHIN INTERNATIONAL AIRPORT LIMITED
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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07.06.2024
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01.07.2024, 1500Hrs
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01.07.2024, 1530Hrs
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1. Tenders are invited on behalf of the Cochin International Airport Limited (CIAL) for the license for operating Vegetarian Cafe in the City side area of Domestic Arrival terminal (T1) at Cochin International Airport, Nedumbassery Ernakulam, District Kerala.
The following Licenses pertaining to this tender are given below: -
One outlet measuring 20 Sqm including Verandah opposite to police Aid post near Domestic Arrivals. Existing structure other than the concreate structure is not part of the area and belongs to the existing concessionaire.
2. The license is a revenue share arrangement whereby the Bidder shall pay a 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 Vegetarian Café will be allotted to the bidder who quotes the highest monthly license fee amount to CIAL.
- The tenure of License will be for 3 years.
- Location of the outlet is opposite to Police Aid-post near to Domestic Arrivals
- The Successful bidder will be provided 15 Sqm of Covered space and 5 Sqm of verandah space for operating the outlet.
6. Eligibility criteria:-
The following agencies will be eligible to participate in the tenders;
- Agencies having at least 2 years’ experience in operating a Snack bar /Restaurant with an annual Turnover of not less than Rs.Two Crores in any one of the preceding 5 years. Turnover from any other category will not be accepted.
- Should have GST registration and PAN.
- The tender documents shall be issued to eligible agencies from the office of General Manager (Commercial) on payment of Rs. 2360/-, towards cost of Tender Documents in cash or by Demand Draft favouring CIAL payable at Ernakulam / Nedumbassery till 28th July 2024.
- 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.
- In the event of making provisional allotment, the successful bidder shall deposit with CIAL, an amount equivalent to ten (10) 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. 25 % 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 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. CIAL has fixed the minimum bid amount for monthly license fee as Rs 1,50,000/- per month. Bidder has to quote an amount equal or above the minimum bid amount. 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 monthly License fee quoted shall be subject to an annual compound escalation of 10% per year for each subsequent year of operation.
- The last date of submission of tender is 1st July 2024,1500 Hrs.
For Further Details & Tender document please contact Mr. Joseph Peter, General Manager (Commercial) @ 9539701512 / 0484 2610115 (Extn: 3507,2614) or contact :[email protected], [email protected]