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All India Radio

  • Opening Date

    22 Oct 2019

  • Closing Date

    22 Oct 2019

  • Tender Amount

    Refer document

  • EMD


  • Auction Start Date

    22 Oct 2019

  • Auction End Date

    22 Oct 2019



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Mstc/lko/all India Radio/2/varanasi/19-20/21610

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Special Terms & Conditions THE MATERIAL LIST & STC DISPLAYED UNDER VIEW FORTHCOMING AUCTIONS ON MSTC'S E AUCTION WEBSITE ARE TENTATIVE AND SUBJECT TO CHANGE AT THE SOLE DISCRETION OF MSTC/PRINCIPAL BEFORE THE START OF E AUCTION. BIDDERS SHOULD, THEREFORE, DOWNLOAD THE MATERIAL LIST AND STC DISPLAYED ONLY UNDER VIEW LIVE AUCTIONS FOR THEIR RECORD PURPOSE, IF REQUIRED, AND BID ACCORDINGLY. All the materials are offered for sale on AS IS WHERE IS BASIS. The payment related to Pre BID EMD should only be made with the "Pay Pre Bid EMD" link available in the bidderâ​​s login. Pre BID EMD received through any other mode shall not be accepted under any circumstances. Contact Details (MSTC Ltd.):- Rohit Singh, AM, MSTC, Lucknow. PH: 0522-4304843(D)/9886056499, E mail: (I) Payments related to Pre Bid-EMD, EMD and MSTC's Service charge should be made into MSTC account through RTGS/NEFT using E-payment gateway provided in MSTC LTD website in Buyer's Login Dashboard. (ii) Payments related to Full material value/balance material value etc should be made into Sellers account Bank Name :State Bank of India Branch :Kutchery, Varanasi A/c No : 11103262663 IFS Code :SBIN0000201 INSPECTION OF LOT/ EAUCTION DATE: For inspection of materials, the seller/company name, date of commencement of inspection, name of contact official with their contact details are as mentioned in the e auction catalogue. The e-auction commencement date/ closing date are also as mentioned above. The buyer has to satisfy himself about the quality, quantity, age and condition etc of the materials before participating in the e auction. No complaint shall be entertained with regard to the quality of material by MSTC LTD. PRE BID EMD/EMD: The pre bid EMD (if applicable) for the e auction has to be submitted online through "PAY PRE BID EMD" option available within the buyers login. PRE BID EMD submitted through any other mode shall not be accepted. Cases related to Pre Bid EMD and EMD shall be dealt as per the below clauses: Pre BID EMD shall be adjusted towards EMD (i.e. Post Bid EMD). If, in case, the buyer defaults on EMD after the conduct of e auction, the PRE BID EMD shall be forfeited. If, in case, the buyer defaults on Balance Sale value after submitting EMD, EMD shall be forfeited. If, in case, the buyer defaults on any installment after submitting the EMD, EMD shall be forfeited and subsequent lots (if any) shall be cancelled and the same may be re auctioned by Seller. In case of installment payment the EMD shall be adjusted towards payment in the last installment. E AUCTION RESULT/STATUS: It must be personally seen by the Bidders online through the link "Auction Lot Status" immediately after closing of e-Auction which will be displayed up to 7 (Seven) days from the date of Closing of e-Auction (excluding the date of closing of e-Auction) and payment of Post-Bid EMD/SD must be made accordingly. A system generated automatic Sale Intimation Letter will be issued by e-mail to the Successful Bidder. The bidders must always keep their registered email account valid, failing which bidders will be liable for non-compliance of payment/delivery instructions if issued by MSTC/SELLER from time to time. EMD/SD: SD equivalent to 10%/20%/25%/as applicable of quoted Basic value for confirmed lots is payable within 7 (Seven) calendar days from the date of acceptance of bid excluding the day of e auction. Non submission of the EMD within the specified time frame shall result in de-activation of buyer's login id. If the last date of payment happens to be the Bank/MSTC Holiday, the payment will be accepted on the next day. Balance Payment: The successful buyers shall be give a period of 15 days from the date of issuance of AL or last date of submission of EMD whichever is earlier to deposit the balance sum. If the last date of payment happens to be the Bank/MSTC Holiday, the payment

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