1. Last date of submission of EMD and on
line forward auction (OFA) documents up to 5.30 pm on or before 29/06/2010.
2. Customers intending to participate in the Online Forward Auction ( OFA )
would be required to submit the following documents to M/S MSTC Ltd. The
last date and time of submission of EMD and OFA documents as mentioned in
clause 1 above.
i) EMD:
Non Interest bearing EMD, as per details below, in form of Demand Draft
drawn on any Scheduled Commercial/Nationalized bank in favour of "NMDC Ltd"
payable at Kirandul .The EMD against the respective lots has to be paid
before bidding.
Bidders interested in participating for more than one lot need to submit EMD
for the total number of lots they intend to participate in (e.g. If the
bidders are interested in participating for Y no. of lots for item mentioned
above then the EMD will be Rs 13 lakhs x Y).
ii) Online forward auction notice duly signed and stamped on every page.
iii) A letter of interest duly signed and stamped.
Annexure A
Iv) Terms and Conditions of Sales through Online Forward Auction ( OFA )
signed and stamped on every page.
Annexure B
v) General Rules & Regulation governing conduct of online auctions on the
service provider platform signed and stamped on every page.
Annexure D
vi) Valid Sales Tax registration certificate.
vii) If material/products is to be procured for export purpose, attested
copies of Export House certificate issued by DGFT or Valid trading license
obtained from concerned statutory authority. Currently no Sales Tax is
payable for Export and in which case Form H with other relevant documents
are to be submitted.
In case of domestic buyers, CST/VAT, as
applicable at the time of dispatch would be applicable.
viii) Proof of ownership of Steel/Pig iron/Sinter/Pellet/Sponge iron Plant
issued by appropriate authority (Applicable for end users only)
ix) Sworn notarized Affidavit, in the prescribed format (Annexure-C), that the products would be used only by the domestic
end-user. (Applicable for end users only)
x) Proof of authority to sign the tender documents and the Affidavit.
(Applicable for end users only)
M/s MSTC Ltd. will issue a user ID and password to each such eligible
bidder.
NOTE: It is the responsibility of the willing parties who have
submitted documents expressing interest to participate in the particular
Online Auction, to go through the requirements and submit all documents as
per conditions mentioned in this auction document. Hence the parties are
advised to carefully go through the requirements of this auction document
and submit all relevant information. Any deviation to the requirements of
this auction document (lack of information etc) will be construed as
Conditional and measures as decided by NMDC will be applicable. The decision
of NMDC in this regard will be final and binding on the bidder.
3. Before actual participation, the bidders may obtain necessary help
from M/s MSTC Ltd. so as to enable them to participate in the online forward
auction process without any difficulty.
4. Final bids given by the bidders in the online forward auction should
be kept valid for 10 (ten) working days from the date of conduct of online
forward auction for acceptance by NMDC.
5. If for any reasons beyond the control of NMDC all the
material/products offered through the online forward auction or part thereof
cannot be delivered, the liability of NMDC will be limited only to refund of
proportionate amount paid by the customer as applicable for the quantity not
delivered.
6. The sale of material/products shall be governed by NMDC Terms and
Conditions of sale through online forward auction and online forward auction
notice. Annexure B
7. NMDC reserves the right to withdraw from the sale after advertising or
after issue of sale order of any quantity of the material/products without
assigning any reasons thereof to the customer. NMDC will not be responsible
for any damages/loss what so ever to the customer on account of such
withdrawal.
8. NMDC reserves the right to defer or pre pone date for conduct of
auction through internet mentioned in the notice for auction through
internet at its sole discretion. Conditional bids will not be considered.
The e-auction will be conducted through the site http://
www.mstcecommerce.com/auctionhome Auction document containing terms and
conditions of the auction maybe obtained/downloaded from any of the
following websites: http://www.nmdc.co.in and http:// www. mstcindia.co.in/
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