<p> The BCCI will open on May 31 the tender process for allocating the cash-rich IPL's title sponsorship rights for the next five-year cycle.<br /><br />VIVO's title sponsorship rights ends with this edition of the tournament. The Indian Premier League governing council met here today to finalise the timelines of various tender processes.<br /><br />Members of the Committee of Administrators (CoA) Vinod Rai, Vikram Limaye and Diana Edulji were present in the meeting, besides office bearers.<br /><br />After due deliberations and considering all aspects the IPL GC, with the concurrence of the CoA, decided the following: The IPL title sponsorship Invitation to Tender will start on May 31, 2017; The Request for Proposal (RFP) for IPL Event Services contract will be floated on June 12; The IPL Media Rights Invitation to Tender on the next rights period will commence on July 17.<br /><br />All the three processes shall be for the next five-year cycle.IPL chairman Rajeev Shukla said: "I'm pleased that both the governing council and CoA members have finalised the timelines for the next rights period. If the success of 2017 season is an indication, I believe we will be able to get the best value and service for the world's premier Twenty20 extravaganza.<br /><br />"The early announcement will also help the prospective bidders/service providers to prepare well."<br />Vinod Rai, CoA chairman said: "I'm confident about the process and would like to assure all prospective participants the highest level of transparency and accountability."</p>
<p> The BCCI will open on May 31 the tender process for allocating the cash-rich IPL's title sponsorship rights for the next five-year cycle.<br /><br />VIVO's title sponsorship rights ends with this edition of the tournament. The Indian Premier League governing council met here today to finalise the timelines of various tender processes.<br /><br />Members of the Committee of Administrators (CoA) Vinod Rai, Vikram Limaye and Diana Edulji were present in the meeting, besides office bearers.<br /><br />After due deliberations and considering all aspects the IPL GC, with the concurrence of the CoA, decided the following: The IPL title sponsorship Invitation to Tender will start on May 31, 2017; The Request for Proposal (RFP) for IPL Event Services contract will be floated on June 12; The IPL Media Rights Invitation to Tender on the next rights period will commence on July 17.<br /><br />All the three processes shall be for the next five-year cycle.IPL chairman Rajeev Shukla said: "I'm pleased that both the governing council and CoA members have finalised the timelines for the next rights period. If the success of 2017 season is an indication, I believe we will be able to get the best value and service for the world's premier Twenty20 extravaganza.<br /><br />"The early announcement will also help the prospective bidders/service providers to prepare well."<br />Vinod Rai, CoA chairman said: "I'm confident about the process and would like to assure all prospective participants the highest level of transparency and accountability."</p>