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Metal Scrap Trading Corporation Limited

Kolkata, West Bengal

  • Opening Date

    24 Sep 2019

  • Closing Date

    24 Sep 2019

  • Tender Amount

    Refer document

  • EMD


  • Auction Start Date

    24 Sep 2019

  • Auction End Date

    24 Sep 2019



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Mstc/ero/central Stores & Purchase Dept., Wbsedcl/71/salt Lake, Kolkata/19-20/18269

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Special Terms & Conditions CONTACT PERSON AT MSTC, ERO, KOLKATA :- SHRI S. K. PRAMANICK, SR. MGR (ERO); PHONE NO.: 033-2290-0964, 2287-7557/0568/9627, 2289-1402. Any persons visiting the premises of the Principal should either be the Proprietor/Director/Partner ; OR should carry the following documents: 1. Authorization Letter 2. MSTC I-card in original 3. Aadhaar/Voter ID of the individual. 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. FOR BUYERS GUIDELINES VISIT AND CLICK Help. 1.0 Subject to the reserve price, if any, fixed for the materials by the owner M/s WEST BENGAL STATE ELECTRICITY DISTRIBUTION LIMITED, (hereinafter referred to as WBSEDCL) or persons duly authorised in this regard (hereinafter called as Authorities) and on the terms and conditions hereunder sale shall be made on ~As is where is and no complaints basis~. M/s MSTC Limited is the Selling Agent of WBSEDCL and hereinafter referred to as M/s MSTC Ltd. 2.0 SALE INTIMATION : Immediately after closing of E-Auction, a system generated automatic Sale Intimation Letter (SIL) will be issued by e-mail to the Highest Bidder advising him to deposit the prescribed Earnest Money Deposit (EMD) / Security Deposit (SD) within the stipulated time. The status of the highest bid(s) having been accepted on Confirmed or STA (Subject to Approval) basis must be personally seen by the Bidders online through the link "Auction Lot Status" immediately after closing of E-Auction which will be displayed upto 7 (Seven) days from the date of Closing of E-Auction (including the date of closing of E-Auction) and payment of Post-Bid EMD/SD is required to be made accordingly. Thus non-payment or delay in payment of post bid EMD/ SD on the plea of non-receipt of SIL will not be entertained by MSTC. MSTC also reserves the right to issue the sale intimation letter (on confirmed or STA basis) by Speed Post/Regd. Post/Courier etc. Bidders must always keep their registered email account valid and keep a watch on their incoming e-mail for their own convenience. 3.0 INSPECTION : The materials offered for sale may be inspected with prior permission of the stock holder during working hours (excluding holidays). All the rates are to be quoted on weight (MT) basis. The quantity indicated against the lots are purely indicative and without any guarantee and MSTC / OWNER shall not entertain any complaint from the buyer for any deficiency in qty. / number etc. or for recovery of the whole or part of the purchased money or any loss of profit / interest /damages and otherwise. 4.0 VALIDITY : 4.1 The bidders must keep their offers (including the offers accepted on the ~SUBJECT TO APPROVAL~ (STA) basis) valid for a period of 30 calendar days from the date of closing of the E-auction which may be extended for any further period of time as may be mutually agreed upon by WBSEDCL and the bidder. 4.2 The contract shall be valid up to the validity period of the delivery order / release order issued by MSTC / principal or up to the extended period of validity of the delivery order / release order in case the delivery period is extended by the principal at their sole discretion as the case may be. 5.0 CAVEAT EMPTOR : 5.1. The quantity, quality, measurement and condition of the materials indicated are all approximate. Participation and bidding by any one in this sale shall be treated as conclusive evidence of the fact that the party has inspected the materials offered for sale and satisfied himself in all respect regarding quantity, quality, measurement, weight and condition of materials, taxes and duties, local working condition and other extraneou

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