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)).
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e-AUCTION Schedule
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Kindly Read
all the Instructions Carefully.
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e-
Auction Timing
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Date:
29-05-2024, Wednesday,
Start Time: 04:30-5:45 PM.
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Time Slot:
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1 Hour, Subject to
Auto Extensions of 3 Minutes.
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e- Auction Link:
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www.accurateauctioneers.in
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Inspection:
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Inspection on 21-05-2024 to 26-05-2024 10:30 Hrs. to 14:00 Hrs. & 15:00 Hrs. to
17:00 Hrs.
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Address:
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LARSEN
& TOUBRO LIMITED,
Site
address: Lot no. 1 TO 4 ->SSC Yard, Burari, P5GV+7CQ, Model Town, New Delhi -
110033. Mr. Ramesh – 8105912178
Lot
no.5-> L&T Construction - Buildings & Factories IC, Common Central
Secretariat Integrated Buildings-1,2 &3 in plot 137, .Dr. Rajendra Prasad
Road, New Delhi – 110001, Mr. Ramachandran R – 9408708457 / 8247290281
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EMD
Submission:
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Can also be submitted to Auctioneer’s Account.
Details as Follow:
Name- Accurate Auctioneers and Consult PVT LTD.*
*A/C NO-50200061987260*
*IFSC: HDFC0001351*
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E-AUCTION RESULT CONFIRMATION & PAYMENT
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Payment Within 07 working days from the
date of intimation of such provisional acceptance, the highest/ successful
bidder has to pay an amount equivalent to 100% (Hundred 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.
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Product
Details. TOTAL EMD : RS. 12,01,000/-
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SL NO
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SCRAP ITEM
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QTY
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UOM
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PRE BID EMD
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Event Fees
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TOTAL EMD
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1
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SCRAP MS IRON DUST
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20
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MT
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INR 56,000.00
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INR 3,500.00
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INR 59,500.00
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2
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SCRAP TMT
STEEL
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300
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MT
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INR 10,20,000.00
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INR 60,500.00
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INR
10,80,500.00
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3
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SCRAP WELD MESH TMT STEEL
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5
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MT
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INR 16,000.00
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INR 1,000.00
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INR 17,000.00
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4
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SCRAP PACKING
STRIP
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3
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MT
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INR 9,000.00
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INR 1,000.00
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INR 10,000.00
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5
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SCRAP MS MISC.LIGHT WEIGHT
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10
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MT
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INR 32,000.00
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INR 2,000.00
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INR 34,000.00
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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 15 days from the date of issuance of Sale Order.
(Can be extended upon request for Lot no. 2 only)
3
Payment Terms:
Bidder has to deposit 100% of the Sale Order value within 7 days from the date of issuance of
Sale Order.
4
The Sale Order will
be cancelled and EMD will be forfeited as per below clauses:
If Bidder shall not
start the lifting of materials from 10th day of issuance of
Sale Order.
If Bidder shall not
lift the 100% 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)
DOWNLOAD TERMS AND CONDITIONS & PHOTOS FROM WEBSITE AND READ CAREFULLY
