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E-AUCTION FOR L&T CONSTRUCTION BHACHAU BHUJ GJ 250MT 05-04-2024

Structural Steel/MS Plate-MT-QTY-250 BY WEIGHT PER 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:  05-04-2024, Friday, 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  01.04.2024 to 04.04.2024 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.

Goodluck Metalics, (A Unit of Goodluck India Ltd.), Village-Sikra, Taluka-Bhachau, Bhuj-370140, Gujarat. Contact Person-Mr. Deb Kumar, Mobile no. 8001870639

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.

PCB (Yes or NO)

Event Fees GST Extra

EMD

Total EMD (Participation)

1

Structural Steel/MS Plate

MT

250

No

55,000

1000000

10,55,000



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 instruction by site person.

3   After auction company will not accept any misbehave for the lifting .

4   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  AND CONDITIONS WITH PHOTOS FROM WEBSITE FOR MORE DETIALS. 

Start Date:
05/Apr/2024
Start Time:
16:30:00
On Behalf Of
Larsen & Toubro Construction
AT:
accurateauctioneers.in
Inspection Date
DETAIL;S CAN BE ACERTAINED FROM AUCTIONEERS
Address
DETAILS CAN BE ACERTAINDED FORM AUCTIONEERS.
Min. Increment#Sub LotSub Lot DetailsStarts onEnds onUOMStarts ValueMin. IncrementPictures
13825111 Structural Steel BY WEIGHT PER MT. Structural Steel BY WEIGHT PER MT. QTY 250 MT.Apr 05, 2024 04:30 PMApr 05, 2024 05:48 PM250 UOM PER LOT36000100
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