TENDER FOR OPERATING RESTAURANT IN THE CITY SIDE AREA OF COCHIN INTERNATIONAL AIRPORT LIMITED.
TENDER NO: CIAL / COML / LIC 115/ 2021
date of Tender
Last Date & Time
For Receipt of Bid in CIAL Commercial Department
Date and Time of Opening the Bid
A Multi-Cuisine Restaurant which can cater to Passengers, Meeters & Greeters and Employees.
CIAL shall provide an air-conditioned space with ceiling, lighting, tables & chairs, wash area (already available). The operator/operators shall provide the kitchen equipment, Kitchen exhaust, fresh air systems, service equipment, Consumables etc. The Licensee shall provide exclusive persons for clearance and cleaning of the dining area.
Area & Location:
The location shall be the present Food Court area next to T1 presently operated by Anna Cafe.
Period of License : 3 Years.
EMD Rs.5 lakhs in the form of Demand Draft favouring “Cochin International Airport Limited” payable at Ernakulam/ Nedumbassery.
The tender will be restricted to agencies having at least 2 years experience in operating food & beverage outlets and having a turnover of at least 2 crores in any one of the last 3 years. Flight catering agencies operating from Cochin International Airport & hotels of 3 star category and above are also eligible to participate in this tender.
Business Model :
The business model is a revenue share arrangement with a minimum guarantee. It is proposed to fix the revenue share percentage at 20%. The bidders shall quote for minimum guaranteed monthly royalty payable to CIAL for the first year. The minimum bid amount for minimum guaranteed monthly royalty fixed by CIAL in the tender is Rs.2.50 Lakhs and the bidders shall quote above this.
The minimum guaranteed monthly License fee shall be subject to an annual compounded escalation of 10% for each subsequent year of operation.
10 months minimum guaranteed monthly royalty quoted for the first year as Interest free security deposit (25% in the form of demand draft and the balance as bank guarantee).
The mobilization time would be 30 (Thirty) days. CIAL will issue a formal letter indicating the tentative commencement date.
Eligible agencies may please contact the Commercial Department of CIAL during office hours from 9:30 AM to 5:00 PM for issue of Tender Document.
For any further details please contact:
Mr. Joseph Peter Painunkal
Deputy General Manager (Commercial)
Mob: 09539701512, 0484 2610115, Email: email@example.com