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E-AUCTION LARSEN & TOUBRO LIMITED MUMBAI 27-11-2023 (LTM271123)

E-AUCTION OF SCRAP MATERIAL TMT STEEL SCRAP 45 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:  27-11-2023, Monday, 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  17.11.2023 to 27.11.2023 from 10:30 Hrs. to 14:00 Hrs. & 15:00 Hrs. to 17:00 Hrs. (Except Sunday & Holidays)

Address:

 LARSEN & TOUBRO LIMITED,                                                          Site Address :

Refer the material List

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.

Project Name 

ITEM DESCRIPTION

UOM

Qty.

EMD

Event Fees + GSt

EMD

Site Address

1

SSC Panvel

TMT STEEL SCRAP

MT

45

140000

7500

1,47,500

LARSEN & TOUBRO LTD, SSERVICE CENTRE-PANVEL, BARAVI,OPP-BALAJI PETROL PUMP, OLD MUMBAI PUNE ROAD,PANVEL-410221 - Johnson P Joy     - 9930321491

 

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)

Start Date:
27/Nov/2023
Start Time:
16:30:00
On Behalf Of
LARSEN & TOUBRO LIMITED
AT:
accurateauctioneers.in
Inspection Date
17.11.2023 to 27.11.2023 from 10:30 Hrs. to 14:00 Hrs. & 15:00 Hrs. to 17:00 Hrs.
Address
AS PER RFP
Min. Increment#Sub LotSub Lot DetailsStarts onEnds onUOMStarts ValueMin. IncrementPictures
13510841 LOT NO.1 (SSC Panvel) LOT NO. 1 LOCATION SSC Panvel ITEM DESCRIPTION :- TMT STEEL SCRAP QTY 45 MT *UOM PER* PER MT**. GST & TCS EXTRANov 27, 2023 04:30 PMNov 27, 2023 05:45 PM45 UOM PER MT30000100
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