81713

Auction Details

Auction No MSTC/ERO/NTPC Ltd, Barh /1/Barh/14-15/4421[81713]

Opening Date & Time 23-07-2014::11:00:00

Closing Date & Time Scheduled Time 23-07-2014::15:00:00 Closed At 23-07-2014::15:00:00 Inspection From Date 08-07-2014

Inspection Closing Date 21-07-2014

Seller Details

Seller/Company Name NTPC Ltd, Barh Location Barh

Street Barh Super Thermal Power Project City Barh, Dist. - 803215 Country INDIA

Telephone 06132-240080-09471002349

Fax 06132-240014/67

Email [email protected]

Contact Person Shri. V.P.PANDEY

LOT NO[PCB GRP]/LOT NAME LOT DESC QUANTITY ED/(ST/VAT) LOCATION

Lot No: 1 Reinforcement steel scrap of metallic scrap consist of reinforcement steel bars from 8 mm dia to 32mm dia ;length upto 3mtrs .(Ground Cleaning Basis) NTPC BARH As Applicable / PRE-BID EMD - RS. 1.0 LACS 100 MT State As Applicable Lifting period : 30 days :Bihar Lot Reinforcement steel scrap of Name: metallic scrap

Lot No: 2 Misc Steel Scrap all ferrous items including small chequered plates, packing material etc.(Ground Cleaning Basis) NTPC BARH As Applicable / PRE-BID EMD - RS. 10.0 LACS 700 MT State As Applicable Lifting period : 60 days :Bihar Lot Name:Misc Steel Scrap all ferrous items

Total No of Lots = 2

Special Terms & Conditions MSTC DEALING OFFICER: VIJAY KUMAR, JUNIOR MANAGER, ERO PHONE: 033-2289 6157, E-Mail: [email protected] Eastern Regional Office (ERO-) 225-F, A.J.C Bose Road, Kolkata - 700 020

M/s MSTC Limited is the Selling Agent of NTPC and hereinafter referred to as M/s MSTC Limited or Auctioneer. IMPORTANT: THE MATERIAL LIST & STC DISPLAYED UNDER VIEW FORTHCOMING AUCTIONS" ON MSTC'S E-AUCTION WEBSITE ARE TENTATIVE AND SUBJECT TO CHANGE AT THE SOLE DISCRETION OF MSTC/PRINCIPAL BEFORE THE START OF E-AUCTION. BIDDERS SHOULD, THEREFORE, DOWNLOAD THE MATERIAL LIST AND STC DISPLAYED ONLY UNDER "VIEW LIVE AUCTIONS" FOR THEIR RECORD PURPOSE, IF REQUIRED, AND BID ACCORDINGLY. FOR BUYERS GUIDELINES VISIT www.mstcecommerce.com AND CLICK Help.

PRE-BID EARNEST MONEY DEPOSIT (PBEMD): The intending buyers has to deposit pre-bid EMD as detailed against each lot favoring MSTC Limited payable Kolkata through DD/PO/RTGS on or before 21-07-2014 .RTGS must be routed through our website (click here to apply through RTGS) only with an intimation to MSTC, ERO indicating the buyer's id and UTR No. as provided by the benefactor bank.

Pre Bid EMD details clearly mentioning Buyer name, Buyer Number, and transaction details (E-auction No. , Lot No. , UTR. no., Transaction Date, Amount, Bank Name, Account title and Account Number, IFSC CODE) should be sent to following persons : V. Kumar , [email protected]. It is the buyer's responsibility to communicate MSTC ERO well in time failing which No action shall be taken against the deposited Pre-Bid EMD .

No Pre-Bid EMD Will be accepted beyond the above mentioned date .Only those registered buyers shall be activated / allowed to bid whose said Pre-Bid EMD amount has been credited within the scheduled date i.e. 21-07-2014.Hence the buyer should ensure that the amount towards Pre-Bid EMD is credited to MSTC's account on or before 21-07-2014.

Security Deposit (SD) shall bear no interest. In case of non-receipt of post-bid EMD, the pre-bid EMD as submitted shall be forfeited. For the unsuccessful bidder, the pre-bid EMD will be refunded without any interest . However, after issuance of Acceptance Letter, if the successful bidder fails to make balance payment, the entire post-bid EMD shall be forfeited. The post-bid EMD shall be adjusted against the balance payment. Only those registered bidders will be activated/allowed to bid who have deposited the said Pre - Bid EMD within the scheduled time period. The Pre-Bid EMD of the successful bidder and Security Deposit/ EMD mentioned at Clause 6.4 below will be adjusted against material value upon issue of Sale Order by MSTC. The same will be liable for forfeiture for any failure of the successful bidder to fulfill any of the terms and conditions of the E-Auction. NO CONDITIONS WILL BE ACCEPTED WITH THE PRE-BID EMD§ THE SUBMISSION OF THE PRE-BID EMD SHALL CONFIRM THE ACCEPTANCE OF THE§ AUCTION TERMS AND CONDITIONS IN TOTO. After the submission of bid (s) by the Buyer, it will be presumed that buyer has inspected the material and has satisfied himself about the nature, quantity ,quality, other technical specifications, taxes-duties and legalities prior to the e-auction. No complaint, whatsoever, on the points referred above, would be entertained after the submission of the bid. Security Deposit or any amount submitted by the buyer will not earn any interest.

IN CASE OF UNSUCCESSFUL BUYERS THE PRE-BID EMD WILL NOT BE ADJUSTED AGAINST THE PRE-BID EMD OF SUBSEQUENT E-AUCTIONS OF THE SAME STOCKHOLDER / PRINCIPAL AND THE SAME WILL BE RETURNED

Material to be disposed off is on "AS IS WHERE IS" and "Ground Cleaning" Basis

Special terms & conditions for Disposal of Scrap:

1. VAT /CST shall be applicable as per statutory norms of sales Tax authority. 2. Items under sales are AS IS WHERE IS BASIS] as such before quoting , all buyer should inspect the material to avoid any dispute . 3. For Lot No 1, Lifting period is 30 days from the date of issuance of Delivery Order (Excluding the date of Delivery Order). 5. Pick and choose of items will not be allowed . 6. Lifting to be completed within schedule delivery date. IMPORTANT ::

THE M ATERIAL LIST & STC DISPLAYED UNDER "VIEW FORTHCOM ING AUCTIONS" ON M STC'S E-AUCTION W EBSITE ARE TENTATIVE AND SUBJECT TO CHANGE AT THE SOLE DISCRETION OF M STC/PRINCIPAL BEFORE THE START OF E-AUCTION. BIDDERS SHOULD, THEREFORE, DOW NLOAD THE M ATERIAL LIST AND STC DISPLAYED ONLY UNDER "VIEW LIVE AUCTIONS" FOR THEIR RECORD PURPOSE, IF REQUIRED, AND BID ACCORDINGLY. FOR BUYERS GUIDELINES VISIT w w w .mstcecommerce.com AND CLICK Help.

1.1 Subject to the reserve price, if any, fixed for the materials by the owner M/s NTPC Limited (thereinafter referred to as NTPC) or persons duly authorised in this regard (hereinafter called as Authorities) and on the terms and conditions hereunder sale shall be made to the highest auction bidder on ~As is where is and no complaints basis~.

1.2 M/s MSTC Limited is the Selling Agent of NTPC and hereinafter referred to as M/s MSTC Ltd. As per the provision of Hazardous Waste (Management & Handling) Amendment Rule 2003, Used/Waste Oil as well as Battery, Lead Scrap will only be sold to the registered recyclers &/or reprocessors under MOEF (Ministry of Environment & Forest)/CPCB (Central Pollution Control Board). Hence all these registered recyclers &/or reprocessors under MOEF/CPCB and who has also registered and /or will be registering as 'Buyer' at www.mstcecommerce.com shall be eligible for bidding. A notorised copy of Registration Certificate of MOEF/CPCB should be provided at the time of depositing payment.

2.0 Immediately after closing of E-Auction, a system generated automatic Sale Intimation Letter (SIL) will be issued by e-mail to the Highest Bidder advising him to deposit the prescribed Earnest Money Deposit (EMD) / Security Deposit (SD) within the stipulated time. However issue of SIL is only for record purpose and has no bearing on payment of post bid EMD/ SD. The status of the highest bid(s) having been accepted on Confirmed or STA (Subject to Approval) basis must be personally seen by the Bidders online through the link "Auction Lot Status" immediately after closing of E-Auction which will be displayed upto 7 (Seven) days from the date of Closing of E-Auction (including the date of closing of E-Auction) and payment of Post-Bid EMD/SD is required to be made accordingly.

3.0 Thus non-payment or delay in payment of post bid MD/ SD on the plea of non-receipt of SIL will not be entertained by MSTC. MSTC also reserves the right to issue the sale intimation letter (on confirmed or STA basis) by Speed Post/Regd. Post/Courier etc. Bidders must always keep their registered email account valid and keep a watch on their incoming e-mail for their own convenience.

3.1 INSPECTION: All materials are lying at NTPC Ltd. , BARH, BIHAR as per location details .The materials offered for sale may be inspected with prior permission of the stock holder during working hours.( excluding holidays .) All the rates are to be quoted on unit/ weight / number basis .The quantity indicated against the lots are purely indicative and without any guarantee and MSTC / OWNER shall not entertain any complaint from the buyer for any deficiency in qty. / number etc. or for recovery of the whole or part of the purchased money or any loss of profit / interest /damages and other wise.

4.0. VALIDITY: The bidders must keep their offers {including the offers accepted on the ~SUBJECT TO APPROVAL~ (STA) basis} valid for a period of 30 calendar days from the date of closing of the E- auction which may be extended for any further period of time as may be mutually agreed upon by NTPC and the buyer. 4.1 THE CONTRACT SHALL BE VALID UPTO THE VALIDITY PERIOD OF THE DELIVERY ORDER / RELEASE ORDER ISSUED BY MSTC / PRINCIPAL OR UPTOTHEEXTENDED PERIOD OF VALIDITY OF THE DELIVERY ORDER / RELEASE ORDER IN CASE THE DELIVERY PERIOD IS EXTENDED BY THE PRINCIPAL AT THEIR SOLE DISCRETION AS THE CASE MAY BE. 5.0 EARNEST MONEY DEPOSIT FOR AUCTION

5.1 PREBID EARNEST MONEY DEPOSIT (PRE-BID EMD) : .All the registered buyers. will have to deposit an amount of Rs. 50,000/ (Rupees Fifty Thousand only) as Pre-Bid EMD, by way of DD/PO/RTGS/NEFT drawn in favour of MSTC LTD payable Kolkata on or before 4.30 pm on 16-02-2013 at any of the offices of MSTC Ltd. with an intimation to MSTC-ERO, Kolkata. The EMD would be retained till the satisfactory completion of the job . For successful bidder/buyer (highest acceptable bidder), the above EMD will be converted to Security Deposit (SD) for the entire contract period , which will be forwarded to NTPC and will be retained by NTPC,BARH. The same shall be discharged / released /adjusted by NTPC,BARH after satisfactory completion of the contract. No interest will be paid for the period of retention of aforesaid EMD/SD by NTPC and no bid will be considered for opening if EMD in the above mentioned from is not accompanied therewith

It must be noted by the Bidders that such Sale order/acceptance Letter will be issued by MSTC only for the purpose of record and payment of remaining sale value along with taxes and duties must be made within the above specified time.

5.2. All offers including the offers accepted on the ~SUBJECT TO APPROVAL~ (STA) basis shall remain valid for a period of 120 calendar days from the date of close of auction which may be extended for any further period of time as may be mutually agreed upon.

5.3. UPON ISSUE OF SALE ORDER , THE EMD WILL BE ADJUSTED AGAINST MATERIAL VALUE AS DETAILED IN THE TERMS.

6.0 CAVEAT EMPTOR: The quantity, quality, measurement and condition of the materials indicated are all approximate. Participation and bidding by any one in this sale shall be treated as conclusive evidence of the fact that the party has inspected the materials offered for sale and satisfied himself in all respect regarding quantity, quality, measurement, weight and condition of materials, taxes and duties, local working condition and other extraneous factors and principle of Caveat Emptor (let the buyer beware) will apply.

6.1. It shall be implied and taken for granted that the party has carefully gone through and understood the terms and conditions of E Auction including the amendments if any, prevailing at the time of bid. No complaints or objections shall be entertained by NTPC/MSTC and/or the Authorities after the bid is registered or accepted by the system.

6.2. NTPC / MSTC does not give any warrantee or guarantee for the quality, chemical composition of each individual items in the lot or about the end use or fitness for a particular purpose.

7.0. PAYMENT OF BALANCE AMOUNT : Full balance payment along with Sales Tax will be required to be made within 21 days from auction closing date for sold (confirmed lots). For STA lots, payment will be required to be made within 14 days from the date of issue of acceptance letter in the form of NEFT/RTGS made in favour of SBI, NTPC Campus, Barh, payable at BARH, BIHAR (Code No.10085). Account Details are as follows:

NTPC LTD STATE , NTPC CAMPUS, BARH Branch ACCOUNT NO: 30117954022 MICR CODE: 803002104 IFSC CODE: SBIN0010085

7.0.1 In case of default in making payment within the time limits specified herein above, the due payments may be made together with additional charge at one per cent per week or part thereof on the material value, within a period of 14 Calendar days from the date of the expiry of the free-payment time. However the principal reserves the right to accept or not to accept sale value with additional charges after expiry of 14 calendar days as mentioned above. Thereafter, the contract shall be automatically cancelled and the earnest money/security deposit of the bidder will automatically stand forfeited. 7.1. In case, the last day of payment happens to be Closed Holiday for MSTC or the Banking Institutions, the next working day will be taken as the day of payment without late payment charge.

7.2 In case of default in making payment of any Installment/total material value within the time limits specified herein , the due payments may be made together with additional charge @ 1% per week or part thereof . NTPC, BARH will thereafter have liberty to go to for e-auction sale for a quantity including the remaining quantity of this contract 7.2 DEFAULT IN LIFTING BY THE BUYER / GROUND RENT

In case of any default in lifting the materials by the Buyer (s) within the time limits specified in the STC of Tender the outstanding material may be lifted within 14 (fourteen) days from the due date, subject to payment of ground rent for the period of delay beyond the specified free delivery period.

In case of goods sold on LOT BASIS, the ground rent will be payable @ 1% per week or part thereof on the value of the entire Lot even if lifted in part whereas in case of goods sold on UNIT WEIGHTS AND/OR NUMBER BASIS, the ground rent will be @ 1% per week or part thereof on the value of unlifted quantity which, however, shall be at the sole discretion of the principal not to allow the Buyer(s) to lift the materials with or without the ground rent after the expiry of stipulated free delivery period or even within the aforesaid additional period of 14 (fourteen) days and in such event, the sale of the materials not lifted by the Buyer(s) will be automatically cancelled and the Earnest Money/Security Deposit (as the case may be) will automatically stand forfeited.

8.0. TAXES & OTHER LEVIES: Sales Tax (VAT) & other duties if any over the price quoted/auctioned along with the full balance payment for issue of Sale Order. Such Taxes are assessed by the Sales Tax Authorities and hence the rate applicable at the time of lifting of material shall be binding on the bidders for making payments. Any dispute in this regard shall be taken up directly by the bidders with the Statutory Authorities. NOTE: Form - "C" will be accepted by NTPC in case of interstate sale.

8.1. INCOME TAX: Income Tax @ 1% on purchase price will be charged. Purchase price means base price + sales tax. Exemption will be given to manufacturers and processors on production of exemption certificate from the concerned assessing officer of the income tax department. Exemption is not available to retailers / traders.

9.0. DELIVERY SCHEDULE: As per the Special terms & conditions for Disposal of Scrap

9.1. Ground Rent: @ 1 % per week or part there of beyond free delivery period will be levied and up to 2 weeks maximum, provided written request is received before the expiry of free lifting period, if no such request for extension is received, the sale order / delivery order shall stand cancelled & total payment will be forfeited automatically without further reference to the buyer.

9.2 Short Delivery of Material: In the event of sufficient quantity of material is not available for delivery, NTPC shall refund the proportionate amount received from the bidders. No claim shall be entertained by NTPC for loss of profit, damage or interest.

10.0. FORFEITURE OF EMD/SALE VALUE: In case the whole or any part of the goods sold remain uncleared, even after the authorized period stated in the delivery schedule, the purchaser shall have no claim whatsoever on the goods remaining un cleared and the amount paid to NTPC including EMD shall stand forfeited at the expiry of the said period. NTPC shall have the right to dispose of such goods in any manner it likes. The purchaser will have no right whatsoever to any compensation.

10.1. In case of non-submission of balance material value, the EMD shall be forfeited without any further notice.

11.0. DELIVERY OF THE MATERIALS : For delivery, buyers must report by 9.00 AM on working days in the respective units of NTPC In case the last day of delivery happens to be a Closed Holiday for NTPC, the next working day will be taken as the date of lifting without any Ground Rent. Buyers must produce the delivery order issued by MSTC to NTPC at the time of taking delivery of the materials

11.1. Purchasers are advised in their own interest to make appointment with the owner before placement of vehicles for taking delivery of the materials purchased by them within the scheduled date of delivery. The purchaser at his own cost will make his own arrangement for removal, dismantling, loading, transporting and he will not be entitled to claim any facility or assistance or cost on this account from NTPC / MSTC.

12.0. NOTE : a. If the successful highest Bidder (Confirmed or Provisional/Subject to Approval) fails to pay the EMD/Security Deposit in time from the date of issue of Sale Intimation Letter by email, then he shall be DEBARRED for a minimum period of 6 (six) months from participating in all e Auctions and disposal sales by MSTC and, his Registration Fee will be forfeited. While considering his reactivation all facts including the number of Principals/e-auctions/lots for which he had failed which are germane should be taken into account. b. MSTC / NTPC have the right to negotiate or seek revised improved offer (s) from the bidder (s) within the validity period. c. MSTC may take any other action as may be deemed fit by the PRINCIPAL.

"ALL CONTRACTS/TRANSACTIONS ENTERED INTO BY THE BUYER/BIDDER ARISING OUT OF THIS E-AUCTION SHALL BE GOVERNED BY THE INTEGRITY PACT AVAILABLE ON OUR WEBSITE, www.mstcindia.co.in"