E-AUCTION
NOTICES
E-Auction
of E-waste material Air-conditioners, Fridge, Water Coolers, Celling Fans,
Motors Pumps, Scrap Metals & Furniture & Misc. will be held on Monday,
the 31st August-2026 at 2:30 P.M. Inspection can be done on 24 &
25th August-2026 from 11:00am to 3:00 pm. at Institute of
Economic Growth, University Enclave,
University of Delhi, (North Campus), New
Delhi – 110 007.
Terms: - The Items will be auctioned
and will be lifted by the highest bidder on “As is Where is Basis, No
Complained Basis”. As the Material is broken and in Scrap Condition, the Bidder
needs to satisfy by comparing the material with the List. No complaint shall be
entertained after the Auction. The Security Deposit of Rs. 20,000/- (Rs. Twenty
Thousand only) only in form of NEFT in f/o M/s. Accurate Auctioneers, to be
deposited by each bidder before Auction. Acceptance of the highest Bid Will be
Subject to approval of competent authority. The validity of Bid is 45 days.
Payment of highest bid will be made within 5 working days through NEFT/RTGS,
GST will be extra on bid. Nonpayment security will be forfeited. The auctioned
material must be removed within 3 days from the date of depositing of highest
bid. A penalty of Rs. 500/- per day will be charged for delay.
M/s
Accurate Auctioneers shall be the facilitator for the
online bidding process, on behalf of this Ministry and shall provide the
electronic platform to aid the online bidding process.
DOWNLOAD LIST FROM WEBSITE TO INSPECT THE MATERIAL.
