Times of Islamabad

PCB set to face huge losses over PTV Sports withdrawal from the bidding process

PCB set to face huge losses over PTV Sports withdrawal from the bidding process

Pakistan Cricket Board (PCB) will be paying Rs. 90 million extra followingPakistan Television (PTV) Sports’ withdrawal from the bidding process forthe production rights of Pakistan’s international home series and domestictournaments.

After the withdrawal, a consortium of New Delhi-based SportzWorkz andUAE-based Tower Sports won the production rights for the 33 matches of theNational T20 Cup, 11 matches of the Quaid-e-Azam Trophy, and a series of 3ODIs and 3 T20Is between Pakistan and Zimbabwe.

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According to details, a consortium of PTV Sports and Dubai-based IPG hadmade the lowest bid of Rs. 270 million in the request for proposal (RFP)process that involved PCB’s pre-qualified production partners.

Whereas, the second-lowest bid of Rs. 359 million was made by theconsortium of SportzWorkz and Tower Sports, which ultimately turned out tobe the successful bid.

As a result of PTV Sports pulling out of the bidding process, PCB will bepaying Rs. 359 million to outsource the production of Pakistan’sinternational home series and domestic tournaments, almost Rs. 90 millionmore than the lowest bid of Rs. 270 million made by the state-runbroadcaster.

PCB could have saved Rs. 90 million had PTV Sports not withdrawn despitemaking the lowest bid.