LOCATION : BHEL SITE OFFICE Contact Person at North
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69837 Auction Details Auction No MSTC/SRO/BHEL PSSR CHENNAI/6/NANDANAM/13-14/8492[69837] Opening Date & Time 08-11-2013::11:00:00 Closing Date & Time Scheduled Time 08-11-2013::16:30:00 Closed At 08-11-2013::16:30:00 Inspection From Date 23-10-2013 Inspection Closing Date 07-11-2013 Seller Details Seller/Company Name BHEL PSSR CHENNAI Location NANDANAM Street OLD 474 NEW 690 ANNA SALAI City CHENNAI - 600035 Country INDIA Telephone 044-24348048 Fax 044-24327719 Email [email protected] Contact Person HEAD/FEX LOT NO[PCB GRP]/LOT NAME LOT DESC QUANTITY ED/(ST/VAT) LOCATION Lot No: 01 Structural Steel As Applicable / BHEL SITE OFFICENORTH CHENNAI THERMAL POER STATION STAGE-II ScrapBit 500 MT 5% ATHIPATTU PUDUNAGAR,CHENNAI 600 120 Sta Lot Name: Structural Steel ScrapBit Lot No: 02 TMT Scrap Cut Bit As Applicable / BHEL SITE OFFICENORTH CHENNAI THERMAL POER STATION STAGE-II 50 MT 5% ATHIPATTU PUDUNAGAR, CHENNAI 600 120 Sta Lot Name: TMT Scrap Cut Bit Lot No: 03 Empty Oil Drum 210 L As Applicable / BHEL SITE OFFICENORTH CHENNAI THERMAL POER STATION STAGE-II cap (Steel) 1100 NO 5% ATHIPATTU PUDUNAGAR, CHENNAI 600 120 Sta Lot Empty Oil Drum 210 L cap Name: (Steel) Lot No: 04 Empty Plastic Cane As Applicable / BHEL SITE OFFICENORTH CHENNAI THERMAL POER STATION STAGE-II 100 NO 5% ATHIPATTU PUDUNAGAR, CHENNAI 600 120 Sta Lot Name: Empty Plastic Cane Total No of Lots = 4 Special Terms & Conditions 1) Date of Inspection: 23-10-2013 TO 07-11-2013 from 10.00 am to 03.00 pm (Only working days) 2) Date of e-Auction: on 8-11-2013, 11.00 am to 4.30 pm, or till the auction is over as per terms and conditions of e-auction. LOCATION : BHEL SITE OFFICE NORTH CHENNAI THERMAL POER STATION STAGE-II ATHIPATTU PUDUNAGAR, CHENNAI 600 120. Contact Person At North Chennai Site:- Sri G. Pichu Engr/MM Cell No. 94438 73126 Sri BV Kiran Kuma Manager/Civil Cell No. 94450 40048 Sri M.Dharmasivam Dy General Manager/Erection Cell No 94453 91957 3) Payment Terms: a) 25% of the sale value towards EMD (adjustable against material value) has to be paid on or before 15- 11-2013 through PO/DD favouring BHEL, PSSR payable at Chennai ,at MSTC office Chennai 11-2013 through PO/DD favouring BHEL, PSSR payable at Chennai ,at MSTC office Chennai 3. THE ABOVE EMD PO/DD MUST BE PURCHASED ON OR BEFORE THE ABOVE DATE AND SUBMITTED IMMEDIATELY IN THE ABOVE MANNER, OTHERWISE THE SAME WILL NOT BE ACCEPTED THEREAFTER AND THE ACCOUNT OF THE CUSTOMER WILL BE DEACTIVATED. b) Balance payment along with taxes/duties and other charges must be paid at MSTC office directly on or before 22-11-2013 in the above manner. In case of delay, late payment charge @ 1% per week or part thereof will be charged upto 2 weeks only (i.e. upto 29/11/2013 with 1% and upto 06/12/2013 with 2% penalty) and thereafter the EMD will stand forfeited without any notice. If the payment date falls due on Bank holiday/BHEL public holiday, the the payment shall be remitted/submitted on the following working day. LAST DATE FOR REMITTING EMD : 15-11-2013 LAST DATE FOR MAKING PAYMENT WITHOUT PENALTY : 22-11-2013 LAST DATE FOR MAKING PAYMENT WITH 1% PENALTY : 29-11-2013 LAST DATE FOR MAKING PAYMENT WITH 2% PENALTY : 06-12-2013 4) PAYMENT TERMS FOR STA (SUBJECT TO APPROVAL) LOT : In case the price is accepted on subject to approval (STA) basis, the concerned bidder will have to pay an EMD equivalent to 10% of the total STA sale value within a period of 7 days from the date of issue of e-mail intimation in favour of the seller. On approval of STA price by the seller within a period of 2 (two) weeks from the closing date of e-Auction through email, the bidders will have to pay remaining 15% EMD within a period of 7 days from the date of approval of STA lot and remaining sale value along with taxes and duties will have to be paid within a period of 10 calendar days from the date of STA price approval in favour of the seller in the manner mentioned above. 5) Delivery Terms: 1. Last date of delivery without Ground Rent will be as follows a)for lot no 1 : THIRTY (30 )working days from the date of issue of BHEL Delivery order/sale release order b)for lot no 2 ,3 & 4 : FIFTEEN (15 )working days from the date of issue of BHEL Delivery order/sale release order 1. In case of delay, ground rent @ 1% per week or part thereof will be charged upto 2 weeks . 2. If delivery falls due on a BHEL public holiday, the delivery shall be affected on the following day. Materials sold but not removed within the specified date will become the property of BHEL and it will have the right to dispose of such goods in any manner as they may deem fit without any notice. 3. Weighment recorded on the weighbridge at BHEL will be considered as final and complaint regarding discrepancy in weighment of material after the lorry leave BHEL premises will not be entertained. 6) BHEL/MSTC reserves the right to withdraw without assigning any reason thereof at any stage from the auction sale. 7) Notwithstanding anything contained in the auction sale notice or advt. issued as to description and particulars of material put for sale, the sale is on ~as is where is~ basis only. MSTC/BHEL do not give any assurance or guarantee that the materials to be delivered will adhere to notice or advt. or list. The purchaser shall have to satisfy himself on inspection of the lots as to what they contain and make his/her offer accordingly. No plea or misunderstanding or ignorance or conditions put forth subsequent to any confirmation of sale shall be accepted. The principle of ~CAVEAT EMPTOR~ (let the buyer be aware) will apply. 8) The goods after confirmation of sale is left at BHEL will remain at the sole risk and responsibility of the buyer. MSTC/BHEL will not undertake any liability whatsoever for the safe custody, protection or preservation after the sale has been confirmed. Delivery of the lots as put up for sale subject to change by nature's wear and tear; exposure to atmospheric condition will be affected by the company. No complaint regarding quality or misdescription for the materials sold will be entertained once the bid is accepted. 9) Taxes and duties: TNGST/Excise duty (as the case may be) as per the prevailing tariff wherever applicable at the time of delivery on the sale of materials covered under this auction shall be borne by the successful bidders. Income Tax at Source: In view of the collection of tax at source for sale of scrap under Section 206C of the Income Tax Act 1961, Income Tax is applicable on sale of scrap @ 1% (on total material value including Excise Duty, Sales Tax & Surcharge) plus surcharge @ 10% on Income Tax. 10) BHEL/MSTC will not be in any way responsible for failure to deliver the materials due to cause beyond their control such as strike, lockout, cessation of work by labourers, shortened hours, act of GOD or other causes or other contingencies whatsoever. The buyer shall not be entitled to cancel the contract and the period of delivery shall automatically be proportionately extended accordingly. 11) Conduct during delivery: Buyers shall solely be responsible for movement and proper behaviour of their deputies, agents, and servants within BHELs premises. If any damage caused to the company's property, the buyer is responsible to make good such damage to the satisfaction of BHEL and the decision of BHEL in this regard shall be final and binding. 12) Accidents etc. to buyers labourer: BHEL/MSTC will not at any point of time be responsible for any injuries caused due to accident within the factory premises or at the place of work salvage yard and the bidder will make proper arrangement for medical attention and treatment to his labour representative. The bidder will be solely responsible for any claim arising out of the employment, injuries to labourers in the course of employment under any statute. It is the responsibility of the bidder to provide necessary safety appliances (like hand gloves, ammunition, boots etc) to the labourers who are engaged for handling of the goods. 13) Blacklisting: If it is found that the bidder is not following the terms and conditions regarding payment/delivery or other conditions of the auction and also indulging in any malpractices either himself or by his agents, deputies or observer, such bidder are liable to be blacklisted and auction and also indulging in any malpractices either himself or by his agents, deputies or observer, such bidder are liable to be blacklisted and appropriate action will be taken as deem fit by BHEL/MSTC. 14) In the event of any dispute in connection with this sale, the decision of MSTC/BHEL shall be final and binding on the parties to the auction sale. Further any such dispute, doubts or differences of opinion arising at the time of payment of delivery, bidders shall agree and abide by the decision of MSTC/BHEL. 15) The purchaser shall bring their own bags and boxes, cases or their receptacles for the removal of the auctioned items and shall be responsible for loading, weighment of materials under supervision of authorised official of the company.