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E-AUCTION FOR Daewoo-L&T JV PATNA BIHAR 30-04-2024

Structural Steel scrap MT 150 BY WEIGHT PER MT.

Under the Instruction of Seller (M/s Daewoo-L&T JV)

Accurate Auctioneers and Consultant Pvt Ltd is an authorized e-auction provider for Seller (M/s Daewoo-L&T JV) to obtain online bids through its portal www.accurateauctioneers.in The Sale & Purchase are made directly by the Seller & buyers (Bidder(s)).

e-AUCTION Schedule

Kindly Read all the Instructions Carefully.

e- Auction Timing 

Date:  30-04-2024, Tuesday, Start Time: 04:30 Hrs.

Time Slot:

1 Hour, Subject to Auto Extensions of 3 Minutes.

 e- Auction Link:

www.accurateauctioneers.in

Inspection:

Inspection from 25.04.2024  to 29.04.2024 from 10:30 Hrs. to 14:00 Hrs. & 15:00 Hrs. to 17:00 Hrs. (Except Sunday & Holiday)               

Address:

 M/S DAEWOO-L&T JV,       

Site address store address:

M/s Daewoo-L & T JV, New Ganga Bridge Project, Patna-Bakhtiyarpur 4 Lane, Near Didarganj Toll Plaza, Patna-800009, and State – Bihar, India,

. Contact person, Mr. Amar Chandra Sahu, Store Incharge, +91-9643715535

EMD Submission:

Can also be submitted to Auctioneer’s Account. Details as Follow:

Name- Accurate Auctioneers and Consult PVT LTD.*

*A/C NO-50200061987260* *IFSC: HDFC0001351*

E-AUCTION RESULT CONFIRMATION & PAYMENT

Payment Within 03 working days from the date of intimation of such provisional acceptance, the highest/ successful bidder has to pay an amount equivalent to 10% (Ten Per cent) of his bid amount less the Caution Money deposited (CMD) earlier towards the Earnest Money Deposit (EMD).

M/s Daewoo-L&T JV shall issue a final confirmation of acceptance/rejection for all lots within 30 calendar days (excluding e-auction date)

The buyer shall deposit 100% payment within 07 calendar days from the date of confirmation, subject to acceptance of his bid amount and said lot/’s

The EMD / Security Amount Shall be refunded after NOC from

M/s Daewoo-L&T JV.

NO interest shall be provided on amount deposited in Auctioneer’s Account.

 

 

Product Details

Lot No.

TYPE OF SCRAP

UOM

QUANTITY

PCB Y/N

SECURITY

Event Fees + GST

Total EMD

1

Structural Steel scrap

MT

150

N

5,10,000/-

37,500/-

5,47,500/-







 

Special Condition :

M/s Daewoo-L&T JV will not provide the E way bill. It’s in scrap vendor scope.

All materials shall be lifted from site within 25 days from the date of issuance of Sale Order.

Payment Terms: Bidder has to deposit 25% of the Sale Order value within 3 days from the date of issuance of Sale Order as a Security amount.  Balance 75% shall be payable in 2-3 lots before lifting of materials from site. The Security amount will be adjusted in last lot. .

The Sale Order will be cancelled and EMD will be forfeited as per below clauses:

         If Bidder will not deposit the Security Amount within 3-5 days from the date of issuance of Sale Order.

         If Bidder shall not start the lifting of materials from 10th day of issuance of Sale Order.

         If Bidder shall not lift the 50% of materials within 15th Day of issuance of Sale Order.

Bidder shall be Single Point of Contact for all communication & correspondence with Client.

Tax will be extra as per actual rates.

Event Fees is to be Paid by H1 Buyer Only.

All the bidders have to pay Membership Fee for the participation as Rs.7080/- (Inclusive GST)

DOWNLOAD TERMS AND CONDITIONS WITH PHOTOS FROM WEBSITE FOR MORE DETIAL AND READ CAREFULLY INSTRUCTIONS. 


Start Date:
30/Apr/2024
Start Time:
16:30:00
On Behalf Of
Daewoo-L&T JV
AT:
accurateauctioneers.in
Inspection Date
25.04.2024 to 29.04.2024 from 10:30 Hrs. to 14:00 Hrs. & 15:00 Hrs. to 17:00 Hrs.
Address
DETAILS CAN BE ACERTAINDED FORM WEBSITE.
Min. Increment#Sub LotSub Lot DetailsStarts onEnds onUOMStarts ValueMin. IncrementPictures
13928201 Structural Steel BY WEIGHT PER MT. Structural Steel BY WEIGHT PER MT. QTY 150 MTApr 30, 2024 04:30 PMApr 30, 2024 05:45 PM150 UOM PER MT32000100
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