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E-AUCTION FOR L&T CONSTRUCTION INDIRA BHAWAN DELHI 23-11-2023

Scrap; Light Fitting – 50 Nos, Scrap; Hydraulic & Engine Oil – 252 Litre, Scrap; Wooden Scraps – 2.5 MT

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:  23-11-2023, Wednesday, 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  20.11.2023  to 22.11.2023 from 10:30 Hrs. to 14:00 Hrs. & 15:00 Hrs. to 17:00 Hrs. (Except Sunday & Holiday)               

Address:

 LARSEN & TOUBRO LIMITED,       

Site address: LARSEN TOUBRO LIMITED, Indira Gandhi Bhavan – Congress HQ; Pocket-9A, Kotla Marg, New Delhi, Contact Person-Mr. Prabhat Gupta – 89685 54888

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.

ITEM DESCRIPTION

UOM

Qty.

Event Fees GST Extra

TOTAL EMD

1.

Scrap; Light Fitting – 50 Nos

1.

Scrap; Light Fitting – 50 Nos

0

2,000/-

2.

Scrap; Hydraulic & Engine Oil – 252 Litre

2.

Scrap; Hydraulic & Engine Oil – 252 Litre

     0

3.

Scrap; Wooden Scraps – 2.5 MT

3.

Scrap; Wooden Scraps – 2.5 MT

0

 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 7 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)

9   The agency has a pure intention of business and will lift the complete quantity within 7 days after received sale order.

10  If any kind of malpractice happens during the lifting of material, then it will be completely the responsibility of scrap dealer and L&T without starting any investigation is authorized to block the fund and forfeit the EMD amount immediately.

11 The payment will be given in not more than 3 instalments first instalment being of 50% of the amount.

 

Start Date:
23/Nov/2023
Start Time:
16:30:00
On Behalf Of
Larsen & Toubro Construction
AT:
accurateauctioneers.in
Inspection Date
20.11.2023 to 22.11.2023 from 10:30 Hrs. to 14:00 Hrs. & 15:00 Hrs. to 17:00 Hrs. (Except Sunday & Holiday)
Address
LARSEN TOUBRO LIMITED, Indira Gandhi Bhavan – Congress HQ; Pocket-9A, Kotla Marg, New Delhi, Contact Person-Mr. Prabhat Gupta – 89685 54888
Min. Increment#Sub LotSub Lot DetailsStarts onEnds onUOMStarts ValueMin. IncrementPictures
13510891 1. Scrap Light Fitting – 50 Nos PER PCS. 1. Scrap; Light Fitting – 50 Nos per pieceNov 23, 2023 04:30 PMNov 23, 2023 05:51 PM50 UOM PER PIECE10010
13510902 2. Scrap Hydraulic & Engine Oil PER LTR. 2. Scrap; Hydraulic & Engine Oil – 252 LitreNov 23, 2023 04:30 PMNov 23, 2023 06:24 PM252 PER LTR. 162
13510913 3. Scrap Wooden Scraps – 2.5 MT PER MT. 3. Scrap; Wooden Scraps – 2.5 MTNov 23, 2023 04:30 PMNov 23, 2023 07:48 PM2.5 PER MT. 200010
Documents: