CWG stadia to be managed by public-private partnership



CWG stadia to be managed by public-private partnership New Delhi: Racing against time to be ready, the venues for this year’s Commonwealth Games would be managed through a Public-Private partnership system after the October 3 to 14 event.

Replying to a question in the Lok Sabha, Minister of State for Youth Affairs and Sports Pratik Prakashbapu Patil said the government has already invited applications from corporate sector.

“The government has floated a Request for Qualification (RFQ), inviting applications from the corporate sector for the operation and maintenance of the five stadia in Delhi after the conduct of the Commonwealth Games,” he said.

“The last date for submitting the applications is August 23. After that the eligible bidders will be provided with Request for Proposal documents for submitting their financial bids,” he added.

“The Sports Authority of India has engaged a Transaction Advisor to assist in the process of short-listing prospective bidders and selecting the concessionaires for managing the stadia on a Public Private Partnership mode.”

“The last date for submitting the applications is August 23. After that the eligible bidders will be provided with Request for Proposal documents for submitting their financial bids,” he added.

“The Sports Authority of India has engaged a Transaction Advisor to assist in the process of short-listing prospective bidders and selecting the concessionaires for managing the stadia on a Public Private Partnership mode.”