Auction of damaged jute and HDPE bardana (bags) and miscellaneous items. Bids are invited through e-auction on an as is where is basis. Technical and financial bids must be submitted online. E-service processing fee is **** and Earnest Money Deposit (EMD) is **** items can be inspected during office hours before the auction date. Successful bidders must deposit the sale value within 3 days of acceptance. GST will be charged extra. The entire stock must be lifted within 20 days from the sale order, with penalties for delays. The auction committee reserves the right to accept or reject any bid.
The entire stock purchased shall have to be lifted within 20 days from the date of sale order. Failing which penalty @1% per week or part thereof subject to maximum of 2% shall be charged. If, the stocks are still not lifted within the extended period of two weeks, the sale will be cancelled and security/earnest money shall stand forfeited.
The successful bidder shall have to deposit security @10% of the sale value including EMD within 3 days of acceptance, failing which the earnest money shall stand forfeited. The GST will be charged extra on the quoted prices.
Please refer tender documents for pre-qualification.
Penalty @1% per week or part thereof subject to maximum of 2% shall be charged if the stock is not lifted within 20 days from the date of sale order. If stocks are still not lifted within the extended period of two weeks, the sale will be cancelled and security/earnest money shall stand forfeited.
The damaged items can be inspected in office hrs. i. e. 9:00 am to 5:00 pm on working days at HAFED Oil Mill, Narnaul on or before the date and time of eauction.
The document clearly states o segregation shall be allowed, implying samples are not a part of the process.
If the successful bidder fails to deposit the sale value within 3 days of acceptance, their earnest money shall stand forfeited. Failure to lift the stock within the stipulated period can lead to cancellation of sale and forfeiture of security/earnest money.
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