BCCI invited bids to personal and function one of many two new IPL groups from the 2022 season,© AFP
The Governing Council of the Indian Premier League (IPL) on Tuesday invited bids to accumulate the fitting to personal and function 1 (one) of the two (two) new groups proposed to be launched from the 2022 season, by means of a young course of. “The detailed phrases and situations governing the submission and analysis of bids together with eligibility necessities, course of for submissions of bids, proposed new groups’ rights, and obligations, and many others. are contained within the ‘Invitation to Tender’ (ITT) which will likely be made accessible on receipt of fee of non-refundable price of Rs 10,00,000 (Rupees Ten Lakhs Solely) plus any relevant Items and Companies Tax,” mentioned the BCCI in an official launch.
The ITT will likely be accessible for buy until October 5. events have been requested to ship an e mail at ittipl2021@bcci.television to get additional particulars for buying it.
The e-mail requesting the ITT ought to have the topic line “ITT for the Proper to Personal and Function One among Two Proposed New IPL Groups”.
Any occasion wishing to submit a bid is required to buy the ITT.
Nonetheless, solely these satisfying the eligibility standards set out within the ITT and topic to the opposite phrases and situations set out therein, shall be eligible to bid.
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It’s clarified that merely buying this ITT doesn’t entitle any particular person to bid.
The BCCI reserves the fitting to cancel or amend the bidding course of at any stage in any method with out offering any motive.
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