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E-AUCTION FOR L&T CONSTRUCTION BURDWAN WEST BENGAL 22-11-2023

Structural Steel/MS Plate MT 140 BY WEIGHT

Under the Instruction of Seller (Larsen & Toubro Construction)

Accurate Auctioneers and Consultant Pvt Ltd is an authorized e-auction provider for Seller (Larsen & Toubro Ltd. ) 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:  22-11-2023, Wednesday, Start Time: 14:30 Hrs.

Time Slot:

1 Hour, Subject to Auto Extensions of 3 Minutes.

 e- Auction Link:

www.accurateauctioneers.in

Inspection:

Inspection from  18.11.2023 to 21.11.2023 from 10:30 Hrs. to 14:00 Hrs. & 15:00 Hrs. to 17:00 Hrs. (Except Sunday & Holidays)

Address:

Larsen & Toubro Limited,
Vrinda Engineers Pvt Ltd, Debsalaplot, Shanti Niketan Road,Kankora, Burdwan West Bengal-713148.- Mr. Robert- 9453453173)

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).

L&T Construction 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

L&T Construction.

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

 

 

 

 

 

Product Details

Lot No.

Discription of Material

UOM

QTY.

EMD

Event Fees + GST

Total EMD

Site

1

Structural Steel/MS Plate

MT

140

5,00,000/-

28,000/-

5,28,000/-

Larsen & Toubro Limited,
Vrinda Engineers Pvt Ltd, Debsalaplot, Shanti Niketan Road,Kankora, Burdwan West Bengal-713148.- Mr. Robert- 9453453173)





Special Condition :

1   L & T Ltd. will not provide the E way bill. It’s in scrap vendor scope.

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

3   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. .

4   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.

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

6   Tax will be extra as per actual rates.

7   Event Fees is to be Paid by H1 Buyer Only.

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



Start Date:
22/Nov/2023
Start Time:
16:30:00
On Behalf Of
Larsen & Toubro Limited
AT:
accurateauctioneers.in
Inspection Date
18.11.2023 to 21.11.2023
Address
DETAILS CAN BE ACERTAINDED FORM WEBSITE.
Min. Increment#Sub LotSub Lot DetailsStarts onEnds onUOMStarts ValueMin. IncrementPictures
13510851 Structural Steel/MS Plate-MT-140 PER MT. BY WEIGHT Structural Steel/MS Plate-MT-140 PER MT. BY WEIGHTNov 22, 2023 04:30 PMNov 22, 2023 06:00 PM140 UOM PER MT36000100
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