Indore Gantry Construction, Operation & Maintenance with Advertisement Rights Concession

This tender, issued by the Directorate Urban Administration and Development on behalf of the Indore Municipal Corporation, specifically the Market Department, is an Open Tender for the "REQUEST FOR PROPOSAL (RFP) FOR SELECTION OF A CONCESSIONAIRE FOR A CONSTRUCTION, OPERATION AND MAINTENANCE OF GANTRY ON BOT BASIS AS DETAILED IN RFP AGAINST ADVERTISEMENT RIGHTS FOR A LICENSE PERIOD OF 10 YEARS." The scope of work involves the selection of a concessionaire to undertake the construction, operation, and maintenance of a gantry on a Build, Operate, Transfer (BOT) basis, with the associated advertisement rights for a license period of 10 years. The tender reference number is 11/MARKET/IMC/26-27, and the location for this project is Indore. Interested parties can download tender documents from October 10, 2026, 05:30 PM until November 11, 2026, 05:30 PM. Bids can be submitted starting from October 10, 2026, 05:30 PM, with the final submission deadline set for November 11, 2026, 05:30 PM. The bid opening will take place on November 12, 2026, at 05:30 PM. The tender fee is INR 10,000, and a substantial Earnest Money Deposit (EMD) of INR 33,58,800 is required. This is a significant opportunity for experienced concessionaires to partner with the Indore Municipal Corporation on a vital infrastructure project with long-term advertising revenue potential.