MITHAPUR PLANT. Notice for sale of LAM Coke Fines through online sealed bid process by mjunction CATALOGUE

Transcription

1 MITHAPUR PLANT Notice for sale of LAM Coke Fines through online sealed bid process by mjunction CATALOGUE Online sealed Bid Date & Time AT 15:30 hrs Material Description Lot Qty.(MT) Earnest Money( Rs.) Details of Materials (Quantity) Lam Coke fines, Tata Chemicals Ltd(Mithapur Plant), "As-is-where-is" basis ,00,000/- Last Date of submission of EMD & LOI EMD & LOI to be submitted by 5PM on Taxes and Duties As applicable Mode of Payment All payments are to be made favouring Tata Chemicals Limited, payable at Mumbai Payment Schedule Lifting Time 100% of the total material value (on the basis of specified quantity) including applicable taxes & duties within next 4 working days of sale intimation letter to Tata chemicals Limited. Within Next 40 days from the date of issuance of Delivery /Sales order. Contact Persons Arijit Paul / Avik Das LAM COKE Fines as per details given in the Auction Schedule (Annexure A), is available for sale on As is where is & No Complaints basis through Online sealed bid process to be held on at 15:30 hrs on the auction platform of Mjunction Services Limited. 2. Prospective buyers intending to participate shall be required to get itself / himself registered with Mjunction Services Limited, by submitting an application in the prescribed format available on the Website of Mjunction Services Limited. The application shall be made along with the required documents such as copy of Income Tax return (latest), PAN Number, Sales Tax / Vat Registration Certificate, SSI Registration, Trade License, if applicable, Passport size photograph, etc. as prescribed by Mjunction Services Limited. The buyers will be also have to submit the duly attested copy of Letter of Interest (ANNEXURE A) 3. The prospective buyers shall also have to furnish non-interest bearing Earnest Money Deposit (EMD) at the rate of Rs favoring Tata Chemicals Limited, payable at Mumbai with Mjunction Services Limited for participating in the event. The EMD shall remain valid for a minimum period of 60 days from the date of the online sealed bid event. Earnest Money Deposit (EMD) shall be deposited in the form of Demand Draft (DD)/ Pay Order (PO) /Banker s Cheque (BC) drawn

2 on any scheduled bank, in favour of Tata Chemicals Limited", payable at Mumbai. EMD amount shall not be treated as an adjustment towards the material value payment but would stand converted into a Security Deposit for performance of the successful buyer towards completion of the said transaction. On successful completion of the lifting of allotted quantity, EMD will be refunded after due adjustment and reconciliation. In the event of default in performance by the successful buyer, the provision of forfeiture of the Security Deposit (as converted from the EMD) as stipulated, would be applicable. EMD can be deposited through 2 ways : a) At the office of TATA Chemicals, Mithapur & b) At the office of Mjunction Services Limited. Cut off timings is : 5PM Mjunction will provide an user ID and Password to each individual customer, who has submitted required EMD and the documents as stated above, to enable them to participate in the online sealed bid process to be conducted in the website or participation, bidders are requested to send us a duly filled up form(available with Mjunction executives) for completion of registration for this online seal bid auction. The customer may obtain necessary help from Mjunction, so as to enable them to participate in the online sealed bid without any difficulty. 5. All eligible bidders would submit on-line Sealed bid for the item as base price for product offered at source basis, exclusive of statutory taxes as applicable at the time of delivery. These charges as well as freight etc. shall be on the Buyers account. Final bids given by the Successful Bidder (H1 bidder) in the online sealed bid process shall be kept valid for 15 days from the date of online sealed bid event for acceptance by the Management. TATA CHEMICALS LTD reserves the right to accept or reject any or all the bids or to apportion the materials in any manner deemed fit and this decision shall be final. Sale confirmation letter will be issued to the H1 bidder whose bid is acceptable to the management. Tata Chemical may offer additional quantity if available to the H1 ranked party and subsequently to H2 ranked party at H1 quoted price, subject to his consent for acceptance/matching of the H1 price. This process will continue for subsequent rankings H3, H4 etc., as long as the offered quantity is available. 6. Terms of payment: 6.1 The material value to be deposited in advance by the successful bidders shall be computed and deposited after making provision for the EMD amount for the successful bid quantity blocked by Mjunction. In other words, the material value payment to be deposited and EMD amount together, shall be equivalent to the 100 % material value. 6.2 The successful bidders shall have to deposit material value for successful bid quantity along with + other charges + applicable taxes (in full) with Tata Chemicals Ltd. For availing any tax exemption, the successful bidders needs to request for refunds directly from Tata Chemicals Ltd on submission of relevant documents 6.3 EMD amount shall not be treated as an adjustment towards the material value payment but would stand converted into a Security Deposit for performance of the bidders towards completion of the said transaction. 6.4 The above security deposit (as converted from the EMD amount) would be adjusted as material value payment only after completion of lifting of the auctioned commodity. However, in the event of default in performance by the bidder, the provision of forfeiture of the Security Deposit (as converted from the EMD) as stipulated, would be applicable. 6.5 In case of successful bidders, if the material value payment is deposited for less than the allotted Quantity, Tata Chemicals Ltd shall accept the payment for the said amount and forfeit the EMD for the failed quantity. 6.6 The material value payment can be made through a Demand Draft issued in favor of Tata Chemicals Limited payable Mithapur. The payment can also be made through RTGS at the below mentioned bank details.

3 Bank : HDFC Bank Branch : Mumbai A/c. No. : RTGS/IFSC Code : HDFC Procedure of Delivery 7.1 The successful bidder will be required to furnish 1) Trade Confirmation mail 2) Photocopy of Bidder ID card to Tata Chemicals Ltd for taking the delivery of the coal /coke product. The successful bidder has to submit the option before the issue of the Sale / Delivery Order for movement of the coal/ coke products within state or outside state and the Sale / Delivery Order would indicate the same accordingly. 7.2 The validity period to complete lifting by road shall be 40 days from the date of issue of Sale/Delivery Order. No extension of validity will be allowed in any case. 7.3 Loading and transportation of material shall be carried out by the bidder himself at own cost after completing all formalities. Overloading beyond truck registered capacity is strictly not allowed. Drivers of the vehicle will be required to carry valid driving licenses as well as vehicle related valid registration and insurance documents. The authorized representative must carry valid authority letter along with photocopy of Identity Card issued by Mjunction Services Limited. 7.4 Weighment as indicated at our works or on public weigh bridge of our choice in the presence of our representative will be considered as final and no dispute whatsoever will be entertained 7.5 Delivery of material will be given only between AM and PM on any working day of the company. No material loading on Sunday and public holidays. 7.6 Tata Chemicals Ltd will not be responsible for loading of material into Trucks. 8. In case of unsuccessful bidders, EMD shall be refunded by Mjunction Services Limited after the auction is over, on the bidder s request. 9. Forfeiture of EMD The EMD submitted by the successful Bidders will be liable for forfeiture in the following cases: If after completion of e-auction, a successful bidder fails to make payment for the material value including all other charges within the stipulated time, the proportionate EMD equivalent to the failed quantity shall be forfeited, and/or, 9.2 If the successful bidders does not lift the booked quantity within the stipulated validity period, the proportionate Security Rs. 200/- per Tonne (as converted from the EMD amount) for the unlifted quantity would be forfeited. Such forfeiture, however, would not take place if Tata Chemicals Ltd has failed to offer full or part of the successful bid quantity within the validity period. In cases where the balance quantity is less than a truck load, no EMD forfeiture will take place. 10. Refund The balance material value of the unlifted quantity after the expiry of the validity period for supply of material and completion of required commercial formalities shall be refunded subject to forfeiture of EMD if required, in terms of the forfeiture clause as above.

4 11. General Terms & Conditions 11.1 All terms and conditions of Scheme are subject to force majeure conditions as applicable Bidders must always ensure to keep their address valid. In any case Buyers cannot be absolved from fulfilling the responsibility of compliance of any of the terms and conditions herein including payment terms due to non-receipt of s from Mjunction Services Limited Bidders must be extremely careful to avoid any error in bidding (whether typographical or otherwise) and they are fully responsible to check and rectify their bid before submitting their Bid into the live e-auction floor by clicking the Bid button There is no provision for bidding in decimals. The Bidder shall be solely responsible for all consequences arising out of the bid submitted by him (including any wrongful bidding by him) and no complaint /representation will be entertained by Mjunction Services Limited/Tata Chemicals in this regard The decision of Officer In-Charge- Tata Chemicals Ltd in matters related to this e- Auction shall be final and binding on the bidders / Buyers Quantity mentioned in notice is only indicative and may undergo a change depending on factors like actual production of material, bottlenecks in transportation etc There will not be any joint/ third party sampling facility extended to any buyer. Refusal on account of non-suitability and /or sub-standard quality for the allotted quantity of material shall not be acceptable Tata Chemicals Ltd / Mjunction Services Limited reserve the right to cancel the sale of coal /coke products under this e- Auction from any source / location in part or whole at any stage at its sole discretion without assigning any reason thereof and no party shall have any right whatsoever to raise any claim in that regard on that count Tata Chemicals Ltd reserves their rights to amend/modify and revise the terms and conditions contained herein in full or in part at any point of time and no party shall have any right whatsoever to raise any claim in that regard on that count Sale under each e-auction shall be an individual, independent, unique and complete transaction. Reselling of material inside company premises will not be permitted In the event of any dispute, Bidder / Buyer is necessarily required to represent in writing to the Officer Incharge Tata Chemicals Ltd, who would deal with the same in a period of one month from such representation. Any interpretation of any clause of this will be subject to clarification by Tata Chemicals Ltd, which will be deemed as firm and final. All disputes arising out of this terms & conditions or in relation thereto in any form whatsoever shall be dealt exclusively by way of arbitration in terms of the Arbitration and Conciliation Act, The arbitration shall be conducted at a place to be notified by Tata Chemicals Ltd. The arbitrator shall be appointed by Tata Chemicals Ltd upon written request in this behalf. The award rendered by the Arbitrator shall be final and binding on the parties.

5 11.12 Successful bidders/buyers will be allowed to lift the material only from the area ear marked at the source / delivery point. No selection of material will be permitted inside TCL premises Placement of truck details should be informed to ISMS department in advance on daily basis. Dumpers and trucks to be engaged by bidders/buyers are required to be weighed both before and after lifting materials at the source / delivery point weigh bridge. In case if the weigh bridge is under break down then trucks/dumpers may be diverted to any other TCL or Public weighbridge Bidders/Buyers to ensure that the vehicles engaged by them are in good condition. In case of failure or lapse on the part of the driver any compensation payable or repairing cost of any building or equipment shall be borne by the Buyers/Bidders. Vehicle must have valid PUC, reverse horn and side light/indicators Bidders/Buyers shall follow all SAFETY RULES AND REGULATIONS of the company. The workmen deployed should wear all safety equipment such as safety helmets, goggles, safety shoes, hand gloves as per the requirement of the job. All lifting tools should be tested as per the Form-10 procedure. Max 8 workmen can be deployed to facilitate loading and transportation within company premises.

6 ANNNEXURE A LETTER OF INTEREST To M/s. Mjunction Services Limited REF. : Online sealed bid auction for sale of Lam coke fines from Tata Chemicals Ltd, Mithapur Plant. Date of Auction: , 3-30PM to 4-30PM Dear Sir, We are interested in participating in the online sealed bid auction for sale of Lam coke fines from Tata Chemicals Ltd scheduled on and we agree to abide by all the Terms & Conditions, General Rules and Regulations governing the online event. We are hereby submitting the applicable EMD of Rs. 2,00,000/= (Rupees Two Lacs only) as per following details in favour of Tata Chemicals Limited, payable at Mumbai for participating in the Online sealed bid auction. DD/PO/BC No. DD Date Bank Branch Amount (Rs.) (1) We agree to offer our best bid in Rupees per MT (exclusive of all applicable Taxes and Duties)on ex Tata Chemicals Limited, Mithapur Plant basis, for specified quantity in the auction process, and hold the same valid for 15 days for acceptance of the bid from the date of Online sealed bid auction (2) We are providing the following details of ourselves in connection with the above Online sealed bid auction.. Mjunction Bidder ID No: Name of the Company: Address of the Company: Authorized Person s Name: Telephone No.: FAX No.: Contact No.: Signature of Authorized Person (Company s Seal) Place: Date: