BCCI extends timelines of the tender process for New IPL Teams
The Board of Control for Cricket in India (BCCI) secretary Jay Shah on Tuesday said that they have decided to extend the date for purchasing the Invitation to Tender (ITT) for the right to own and operate one of two proposed new IPL teams document till October 10 from the initial deadline of October 5.
The Governing Council of the IPL had issued the ‘Invitation to Tender’ (“ITT”) document available on payment of the non-refundable tender fees on August 31, 2021. The invitation to purchase the ITT document (“Invitation”), issued on August 31, 2021, is attached as Annexure A, Shah said in a statement.
"Pursuant to request from interested parties, the BCCI has now decided to extend the date for purchasing the ITT document till October 10, 2021. The ITT will be available to interested parties on receipt of payment of the non-refundable tender fee of INR 10,00,000 (Rupees Ten Lac Only) plus any applicable Goods and Services Tax. All other terms contained in the Invitation document shall be applicable", mentioned in the statement.