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E-AUCTION SALE

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E-AUCTION SALE BHARAT PETROLEUM CORPORATION LTD. CPO (Mktg.), “A” Installation, Sewree Fort Road, Sewree (East), MUMBAI – 400 015. Tel No : 022-24176416/6507/6217 Email- [email protected] [email protected]/ e-AUCTION SALE Online Auction platform and Support Services Provided By: E-Procurement Technologies Ltd. A-201/208, Wall Street - II, Opp. Orient Club, Nr. Gujarat College, Ellis Bridge, Ahmedabad - 380 006, Gujarat (India) Phone No : +91-79-68136 861 | 871 | 819 Email id [email protected] / [email protected] / [email protected] Tender Ref: DISP/CPO(M)/19-20(1)/01-LPG (Rejected SC valves ) E-Procurement Technologies Ltd. is an authorized e- commerce service provider for BPCL to obtain rates online through its portal https://eprocure.procuretiger.com . The sale and purchase are directly made by the Seller and Buyer/s [Bidder/s]. BPCL will sell REJECTED/CRUSHED SC valves, AT OUR VARIOUS LPG PLANTS / LOCATIONS, ON “AS IS WHERE IS” AND “NO COMPLAINT” BASIS as per List, through Online Auction subject to Terms and Conditions annexed hereto and as per schedule of program given below: Schedule of Programme Inspection of materials TILL 31.08.2019 [11.00 AM to 3.00 PM on any working day] Venue of Inspection Refer list as per TABLE – A [PART – I] Online Training to all participating 11.09.2019 to 14.09.2019 bidders Auction date and time 16.09.2019, 10.00 hrs. onwards Earnest Money Deposit (interest free) Rs. 2,50,000.00 Last date to receive documents and EMD 05.09.2019 up to 3.00 PM for participation 1 E-Procurement Technologies Ltd. (Contact details) Phone No : +91-79-68136 861 | 871 | 819 Email id - [email protected] / [email protected] / [email protected] For more details Pls. Visit E Bidding Website: https://eprocure.procuretiger.com Special Notes :- 1. All EMDs should be directly submitted to the following address: Ms Poornima Mittal / Mr. Gunjan Omprakash Bhiwal CH. Manager, CPO (Mktg.), Bharat Petroleum Corp. Ltd., A-Installation, Sewree (E), Mumbai-400015 The EMDs not received at CPO (Mktg.) will not be considered for auction. Please note that no relaxation will be given to outstation participants and therefore the participants should courier their EMDs considering the transit period. Any delay in receipt of EMD/Documents will not be considered. 2. The sale will be through e auction only. 3. BPCL reserves the right to extend the closing time of one or all the lots during the auction time as considered appropriate. 4. BPCL also reserves the right to change the start bid price during the auction time and before close of auction time as considered appropriate. 5. Once bids are given during the online auction, they cannot be revised downwards which may kindly be noted. 6. Unless Earnest Money Deposit (EMD) is paid to BPCL in advance, i.e. up to 05.09.2019 up to 3.00 PM , participation is not allowed. EMD should be submitted in the form of DD favoring Bharat Petroleum Corporation Limited payable at Mumbai. 7. EMD of amount Rs. 2,50,000.00 will be deposited for this tender. 8. Each participant submitting above EMD for this tender can quote for any LOT mentioned in Part-1, Table -A. Training and Demo ‘e’-Auction:- A demo auction will be conducted on web site https://eprocure.procuretiger.com for all registered participants who have given the EMD & other documents as per tender to practice and get acquainted with the system. Further Training with a Mock e-Auction will be held during 11.09.2019 to 14.09.2019 . Parties who have received training should send their confirmation of receipt of training by sending /faxing the filled Annexure for receipt of training to the M/s. e-Procurement Technologies Ltd. Email address for sending the training confirmation: [email protected] / [email protected] / [email protected] All participants are requested to participate at Mock e-Auction to get acquainted with 2 the e-Auction system. In case of any problem, please call HELP DESK during working hours (1000 Hrs. to 1700 Hrs.) on Phone No: 022 2417 6419/ +91-79-68136 861 | 871 | 819 The full offer document can be viewed, downloaded or printed at following website: 1. https://eprocure.procuretiger.com 2. www.bharatpetroleum.com --> Energizing Business -->Tenders →view tenders→ select department → CPO(Mktg.)-Disposal Pl. refer the following documents enclosed for further details: a. Annexure – 1 : General Conditions for Auction b. Annexure – 2 : General Conditions of Sale/Disposal c. Annexure – A : Request for participation / Confirmation of DD details d. Annexure – B : Confirmation of Training e. Annexure – C : Steps for Actual bidding procedure f. Table – A [Part – 1] : Auction Lot Details/ Auction timing and Start Bid & Increment value details g. Table – A [Part – 2] : Tentative Tax Details h. Annexure – D : Arbitration Clause. 3 ANNEXURE – 1: GENERAL CONDITIONS FOR AUCTION Definitions:- ➢ SELLER: Seller referred in this catalogue, is BHARAT PETROLEUM CORPORATION LTD. ➢ SERVICE PROVIDER: E-Procurement Technologies Ltd. is an e-commerce service provider appointed by the seller to facilitate virtual auction by the seller. E- Procurement Technologies Ltd. will only facilitate online auction and are considered as third party not particularly interested in the item/s being sold on behalf of seller. ➢ BIDDER: Any person - as an individual OR a proprietor OR a partner OR an authorized representative of any company OR any legal entity and who is paying the requisite EMD and registered at E-Procurement Technologies Ltd. and who makes or places a bid for and purchases the auction property either in part or in full is considered as a bidder. One individual can represent as a bidder on his own behalf and on behalf of other companies provided he registers himself in those capacity separately, i.e. for each representation he should pay separate Earnest Money Deposit. Successful Bidder is that Bidder in whose name confirmation of sale is issued by the seller. 1: General Conditions for Auction 1.1 The Auction will be organized only through Internet. 1.2 Subject to the reserve price, if any, fixed by the SELLER and subject to the Term and Conditions set out herein, sale shall be made to the HIGHEST BIDDER on “AS IS WHERE IS” and “NO COMPLAINT” basis. The Seller does not undertake any responsibility to procure any permission / license etc., in respect of the auction property offered for sale. 1.3 SELLER reserves the right to modify and amend the Terms & Conditions and announce the same at any time before the auction concludes. Announcements during the auction on the website including announcement of any additional conditions OR correction in the catalogue and / or additions or deletions of items being offered for sale are being done with the consent and knowledge of the seller, and it is binding on the bidder. 1.4 Participation and bidding in this Auction shall be treated as conclusive evidence of the fact that the bidder has inspected the Items and the documents pertaining to it and is satisfied in all respects regarding quantity, quality, condition of the Items, taxes and duties, and other extraneous factors and the Principle of Caveat Emptor (let the buyer beware) will apply. It shall also imply that the bidder has carefully gone through and understood the terms and conditions of Auction including the amendments if any, prevailing at the time of Auction. Seller / E-Procurement Technologies Ltd. will not entertain any complaints or objections once Bid is placed. 1.5 Seller / E-Procurement Technologies Ltd. does not give warranty or guarantee of the quality, quantity, measurement, condition, chemical composition of each individual item/s or lot/s that form the auction Item and about its “End Use” or fitness for a particular purpose. 1.6 The highest bidder does not get any right to demand acceptance of his offer. SELLER reserves the right to accept / reject / cancel any bid, withdraw any portion of the Auction Property at any stage from Auction even after acceptance of bid/ 4 issue of delivery order or release order/ Authority letter / deposit of full value by successful bidder without assigning any reason there of. In the event of such rejection / cancellation/ withdrawal, SELLER, shall refund the value of Auction Property, if paid for, to the successful bidder. SELLER shall not be responsible for any damages/loss whatsoever to the successful bidder on account of such withdrawal. 1.7 EMD amount will not carry interest. 1.8 In the event of failure on the part of the successful bidder to fulfill his contractual obligations, seller / E-Procurement Technologies Ltd. Reserves the right to debar such bidder from participating in any future auction conducted by E- Procurement Technologies Ltd. on behalf of seller. 1.9 All other terms and conditions as specified from time to time by BPCL and E- Procurement Technologies Ltd. will apply. 2.0 PARTICIPATION: For bidding at our e-Auction, the intending participants are requested to log on to website https://eprocure.procuretiger.com Prior to the final auction all bidders are requested to read and familiarize themselves with the BIDDING PROCEDURE & INSTRUCTIONS as per Annexure-C, which should also be signed and stamped and sent along with Annexure-A, and EMD. Please contact us on +91-79-68136 861 | 871 | 819 ,022 24176419 All those who wish to participate in the e-Auction, should deposit the following documents on or before 05.09.2019 up to 3.00 PM • Earnest Money Deposit (EMD) by Demand Draft (DD) issued by any Nationalized Bank/Scheduled Bank favoring Bharat Petroleum Corporation Ltd., payable at Mumbai duly crossed and superscribed “Account Payee Only. • “Annexure “A” enclosing copies of other documents like PAN card and GSTN registration Certificate, wherever applicable.
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