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SEV won contract through legitimate tender process – SLC

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SEVSince the new interim committee was appointed, there has been a more sincere effort to keep the media and public informed.

SLC today published information relating to its agreement with Somerset Entertainment Ventures (SEV) for the Sri Lanka Premier League (SLPL) on its website.

Tenders were called via the media and 5 bidders submitted their bids. The SEV bid was the highest bid submitted and after evaluations were done by the Heads of Marketing and Finance, the Interim Committee duly approved the award of the tender to SEV on 7th July 2010. The tender was awarded thereafter.

The value of the tender was US$ 1,750,000/- for a period of 5 years from 2011 to 2015. As per agreement, the Sponsor (SEV) acquired sole rights for Marketing and Sponsorship for the CLT 20 Tournament, Inter Provincial T20, ODI and 4-day formats of the tournaments.

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