The ITT will be available for purchase till August 25.
The BCCI said that the detailed terms and conditions governing the tender process including eligibility requirements, process for submissions of bids, rights and obligations, etc. are contained in the ‘Invitation to Tender’ (ITT) which will be made available on receipt of payment of a non-refundable fee of Rs 15 lakh plus GST.
Interested parties are requested to email the details of payment made for the purchase of the ITT to bccimediarights2023@bcci.tv.
The ITT documents shall be shared only upon the confirmation of payment of the non-refundable ITT fee.
Any interested party who wishes to submit a bid must first purchase the ITT. However, only those who meet the eligibility criteria outlined in the ITT and agree to the additional terms and conditions outlined in the ITT will be able to bid.
The BCCI clarified that merely purchasing the ITT does not entitle any person to bid.
BCCI reserves the right to cancel or amend the bidding process at any stage in any manner without providing any reason.
Disney Star had secured the BCCI media rights by paying Rs 6138 crore for the five-year cycle (2018–23) by outbidding Sony (Rs 6,118 crore). In the prior cycle, Star India had paid Rs 3851 crore to acquire the bilateral cricket rights.
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