IPL 2018 Opening Ceremony Host/VIVO IPL 11 Opening Ceremony Host
The hot season of IPL has arrived. IPL often recognized as Indian Premier League. BCCI has incorporated strict norms and guidelines for interested parties as to host the IPL opening ceremony.
The Indian Cricket board has offered strict guidelines in their 19-page ‘Request for Proposals’ offer from the interested companies. This would stage 8 opening ceremonies during the initial months as starting from first match of all the eight franchises including the closing ceremony in Hyderabad.
In order to maintain the transparency it is always being questioned during all other editions of IPL with the new guidelines as requested from interested parties and companies having annual turnover of RS 30 crores and willing to pay a bank guarantee fee of just 35 percent without having ay past criminal records.
The competition among the bidders for IPL 2018 Opening Ceremony Host is really going to be a game changer. As soon as the Committee of Administrators (COA) took over the decision, the stress part is quite transparent and takes care of the first steps towards attaining and issuing of RFP.
The board has made it quite clear that the contract will be only offered to companies having expertise in Event management. However, there are few other guidelines for interested parties as well.
IPL 11 Opening Ceremony Host
The successful winning parties have to bear the cost of hosting 8 opening ceremonies at the specific venues along with closing ceremonies.
They should also offer an Unconditional Bank Guarantee of 35 percent of the Budgeted Costs within 5 working days as stated in the Agreement.
The interested party audited accounts should have a turnover of at least Rs 30 crore
There should be no criminal record of being convicted or guilty of conflict of interest should be associated with the parties.
All the interested parties would be called for presentation at BCCI headquarters on March 1
All the interested parties would be offered 45 minutes time for video demonstration of their plans for the opening ceremony.
All other announcements would be made on March 1st only.
So, they can select the best host as per their expertise.