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: 15-04-2025, Tuesday, Start Time: 16:30 Hrs. |
Time Slot: | 1 Hour, Subject to Auto Extensions of 3 Minutes. |
e- Auction Link: | www.accurateauctioneers.in |
Inspection: | Inspection from 08.04.2025 to 12.04.2025 from 10:30 Hrs. to 14:00 Hrs. & 15:00 Hrs. to 17:00 Hrs. (Except Sunday & Holidays) |
Address: | LARSEN & TOUBRO LIMITED, Site Address : Larsen & Toubro Ltd,MAHSR-C6- kg,
Survey no-834/3,Behind Inland Container Depot,
Dashrath, Indira Nagar, Vadodara 391740,
Mr. Siva-7093841128, Mr. Ravish Kumar Singh – 9512986849 |
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
Sr.No. | TYPE OF SCRAP | UOM | QUANTITY | PCB (Yes or NO) | Event Fees GST Extra | EMD | Total EMD (Participation) |
1 | SCRAP HT STRANDS | MT | 15 | NO | 3750 | 48,000 | 51,750 |
2 | SCRAP USED BOLTS & NUTS | MT | 15 | NO | 3750 | 45,000 | 48,750 |
3 | SCRAP MS MISCELLANEOUS | MT | 5 | NO | 1250 | 15,000 | 16,250 |
4 | SCRAP MS LIGHT SCRAP-STRIPS | MT | 3 | NO | 750 | 7,500 | 8,250 |
5 | SCRAP BATTERY | NOS | 18 | YES | 500 | 1,800 | 2,300 |
6 | SCRAP PLASTIC MISC. SCRAP | KG | 1000 | YES | 500 | 1,000 | 1,500 |
7 | SCRAP AIR COOLER | NOS | 35 | NO | 1000 | 3,500 | 4,500 |
Special Condition :
1 L & T Ltd. will not provide the E way bill. It’s in scrap vendor scope.
2 H1 Buyer lift the materials from site as indicate in the photographs & site person.
3 After auction company will not accept any misbehave for the lifting .
4 H1 vendor lift the total scrap within 15 working days after getting of sale order. On the 16th day EMD automatically forfeited.
All materials shall be lifted from site within 15 days from the date of issuance of Sale Order.
5 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. .
6 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.
7 Bidder shall be Single Point of Contact for all communication & correspondence with Client.
8 Tax will be extra as per actual rates.
9 Event Fees is to be Paid by H1 Buyer Only.
10 All the bidders have to pay Membership Fee for the participation as Rs.7080/- (Inclusive GST)
DOWNLOAD TERMS & CONDTIONS & PHOTOS FROM WEBSITE AND READ CAREFULLY.
