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PANKAJA MILLS (A Unit of National Textile Corporation Ltd.,) 30, Pankaja Mill Road, Ramanathapuram, Coimbatore – 641 045. TENDER NOTICE NO: 1 GST NO: 33AAACN2847D2ZU LAND LINE NO: 0422-2317809 E-MAIL: panktenders.ntcsro@ntcltd.org REF: COTTON WASTE/2019 DATE: 21.03.2019 SEALED TENDERS are invited by the undersigned from parties who are registered with SRO, NTC (Merchants and others), dealing in Cotton Waste to purchase Cotton Waste produced in our mills from 01.04.2019 to 30.06.2019, on the following terms and conditions. 1. Every Tender terms and conditions along with EMD should be sent in a Sealed Cover addressed to The General Manager 30 Pankaja Mill Road, Ramanathapuram, and Coimbatore – 641 045, so as to be received by the undersigned, not later than 3.00 P.M. on 11.04.2019. 2. The Sealed Covers of the tenders should be superscripted on the top of the cover as “Tender for Purchase of cotton waste Available at “PANKAJA MILLS” 3. The Material Mentioned in the Annexures can be inspected at the premises of “PANKAJA MILLS” on any day between 10.00 AM to 4.00 PM (Except Sundays and Holidays). 4. The allotted material should be accepted by the Tendrers in “AS IS WHERE CONDITION” which is in pressed bale form (Cotton Waste) approximate weight around 110-150 kgs. 5. The Tenderer should remit EMD within 2 days before the commencement of the tender as scheduled Tender should be accompanied by Tender Deposit will not carrying any interest (Earnest Money Deposit) of Rs.30,000/- (Rupees Thirty Thousand only/-) per tender by means of an "Account Payee" Pay Order/Demand Draft drawn in favour of "PANKAJA MILLS" payable at ” ”COIMBATORE” on any Nationalised/Scheduled Bank and payment by any other means will neither be accepted nor recognised in any case and Tenderers who have not remitted required EMD as per the date in the tender non receipt of tender deposit will be summarily rejected and will not be qualified for the participation of said E- Tender (upward auction) . Cont…2 -2- 6. The Tenderer should specify their offers of rates in the enclosed forms only (Annexure – 1) for each item both in figures and in words only. The rates offered should be per unit of 100 kgs only. The Tender should be submitted in the prescribed Annexure – 1 enclosed. 7. The prices quoting during E.Auction should be exclusive of tax and for delivery ex- Pankaja Mills. Duties and all taxes/levies will be charged extra at the rates applicable at the time of delivery and TDS will be collected as per the statute (as per Govt. Rules). 8. The rate quoted for the waste should be only for the rate of materials per quintal of 100 kgs only. The cost of packing materials Rs.150/- Bale will be collected extra at the approximate rate plus taxes. 9. The Technical Tender will be opened by the Tender Committee of the mills at 3.30 PM on 11.04.2019 in the presence of such of those tenderers who will be present at that time. 10. The rate quoted shall be valid for the allotted party till for the period from April‟2019 to June‟2019. 11. Allotment letters will be issued to the H1 party for the entire quantity and Proforma Invoice will be issued as and when the material is ready for despatch. 12. The Management (PANKAJA MILL) reserves the right to postpone the time and date of opening of the Tender without assigning any reason thereof. 13. The Management (PANKAJA MILL) reserves the right to accept / negotiate / reject any offer for any item either in whole or in part on its discretion without assigning any reason thereof. 14. The discount for prompt payment & penal charges for delayed payment will be allowed on the following terms and conditions: Cont…3 -3-

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