Dalmia Cement - 3997 Bags at Biharsharif, Bih

Specification

Item Id	819
Category	Dalmia Cement - 3997 Bags at Biharsharif, Bih
Manufacture name	Dalmia Cement Bharat Ltd.
Model name	Dalmia Cement - 3997 Bags
Model number	2022
Production date	28-Jun-2022
Location	Alinagar, Biharsharif, Bihar
Market Maker	meenakshi@salvagemanagers.com
Sound Invoice Value	Rs. 300.00 / Pieces
Quantity	3997 Pieces
Sound Invoice Lot Value	Rs. 11,99,100.00
Reserve Price	Rs. 170.00 / Pieces
Reserve Price Lot Value	Rs. 6,79,490.00

Remaining Time

Ongoing Lot Bid	Rs. 0.00
Current Bid	Rs. 0.00 / Pieces
Incremental Bid	/ Pieces
Next Minimum Bid	/ Pieces

Expired

Details

Brief Material description & Qty – Dalmia Cement – 3997 Bags

Material Description	Qty in bag
Konark Yellow PCC	1002
Dalmia Dhalai Special Premium	790
Dalmia PCC LPP	2205
Total	3997

Week/Batch No. - 26/2022

Special Conditions / Commercial Terms of this E-Auction:

(These conditions
override or supplement general T&C of this participation form)

Disposal of the above material is being held on following special
conditions specific to this E-Auction:-

1. Basis
of sale: The sale of offered goods is Per Bag basis exclusive of applicable
GST/ taxes

2. Deposits
and Lifting: After depositing 100% advance payment within 2 days H1 buyer shall be allowed to start
lifting and clear the lot awarded to them. The seller has indicated that the
site can be cleared within a period of 3-4 working days from the date of
receipt of delivery order by H1. Any delay in doing the same, H1 shall be liable
to pay ground rent for the salvage quantity uplifted and yet remaining
at site. The rates charged would be Rs. 20/-bag per day.

3. Incidental
charges: All charges incidental to loading and lifting of material will be
borne by the H1 Buyer.

4. Dynamic
Time: The eAuction shall automatically extend by 05 MINUTES in case
someone enters a bid in the last one minute of the remaining time in closure of
auction. This shall continue indefinitely until no one bids in the last one
minute of the time remaining. Bids in dynamic time can be placed by 50% of
incremental bid value.

5. Participation
/ Facilitation Fee = Rs. 500 + 18% GST = Rs. 590/-

6. Information
on invoicing: Registered Vendors

7. Information
on Taxes applicable: GST@28%

8. Additional
information on usage of salvaged goods / Brand Clause etc: No.

9. The
materials offered are damaged goods under insurance claim hence being offered
for sale on “As is Where is”, “Whatever there is” and “No complaint” basis. No
complaints whatsoever will be entertained after the bid is made. The bidder
is deemed to have inspected, examined reasonably and satisfied himself as to
all matters regarding condition, type, quality, and quantity. Rule of “Caveat
Emptor” applies strictly

10. Earnest
Money Deposit ( EMD) Information:

1.
EMD is
always 10% of the final bid amount. To facilitate participation of more buyers,
we (E-Auctioneer and MOA) may allow participation at a lower amount than
mandatory 10%. However H1 is required to complete EMD amount in next 24 hours
post to closure of eAuction.

2.
Interested buyers must pre-qualify
themselves for participation in the above auction, by paying a pre-bid amount /
EMD of 1 Lakh by mode of RTGS to the following account along with this E-Auction
form duly filled & signed.

Adwiti
Technocrats Pvt. Ltd

Account
no. 916020025588082, IFSC Code: UTIB0004770

Axis
Bank Limited. Sector- 27, Noida, U.P.

3.
The pre-bid / EMD and eAuction form to be
deposited in physical form or electronic form (NEFT + scanned form of EMD) to
the latest by previous day of e-Auction.

4.
The EMD will not attract any interest &
will be dealt with as per the procedure mentioned below:-

1.
Wherever EMD is held by us, we are
responsible for the return release. Seller or MOA has no role of EMD
forfeiting/retention for H3 & below. EMD of H1 & H2 is at discretion
and instructions of the seller and MOA.

2.
In case of unsuccessful bidders, (H3 &
Lower) EMD is refunded immediately after adjusting the facilitation fee, but
not later than 7-10 working days from the completion of the E-Auction process
subject to the terms and conditions mentioned herein and at the website. EMD
holder to ensure the compliance.

3.
EMD of the H2 bidder shall be normally retain
for 10 days from the date of approval of E-Auction. However please refer point
no. 8.4.1 above.

i.
The status of H1 bidder will be upgraded/confirmed
as H1 Buyer after receipt of 10% EMD and 100% advance payment. He will be allowed
lifting after depositing 100% payment +EMD 10%

ii.
If the H1 bidder fails to deposit 100% payment
(apart from 10% EMD) of the final bid value, within 3 days after he is
declared H1 bidder, his EMD will be forfeited and H2
bidder will be upgraded to status of H1 and has to honour the deal at the H2
bid value with privileges and penalties of H1 bidder.

5.
The EMD of H1 bidder will be adjusted once
the complete payment is received by the seller and also complete material is
lifted by H1 bidder. Also adjustment will be done for fee and expenses
against EMD if the seller or MOA has not paid for the same.

Contact Salvage Manager about this items/lot.
Phone :	Meenakshi Gupta -9625137014
Email :	meenakshi@salvagemanagers.com