1. The above material/products are available on as is where is basis
from NMDC- Bailadila Iron Ore Mine, Deposit 11-B for sale through online forward
auction process. The material/products will be delivered on FOT basis, loading
will be done by NMDC, free of cost, at site. Domestic end users shall be given
preference as per clause 14 of annexure B. The contract period is two months
from the date of issuance of acceptance letter.
The bid
value quoted shall be the basic price in Rs per WMT for the material/product.
Royalty, sales taxes, other statutory duties and levies etc applicable at the
time of supplies will be extra and payable by the bidder.
2.
Last date of submission of EMD and on line forward auction (OFA)
documents: up to
12.00 AM
on or before 01/10/2012
Auction Date 01/10/2012
Start Time: As Indicated above against each item.
3. Customers intending to participate in the Online Forward Auction (OFA)
would be required to submit the following documents to M/S MSTC Limited . The
last date and time of submission of EMD and OFA documents as mentioned in clause
2 above.
i)
As per
the IBM Circular No T-45014/CGBM/91-98 Dated 23.02.2011, any person or company
engaged in trading or storage or end user or export of minerals mined in the
country is required to be registered with the Indian Bureau of Mines in Form
M. Hence copy of registration number issued by IBM needs to be submitted.
ii)
EMD:
Non Interest bearing EMD, as
per details below, in the form of Demand Draft drawn on any Scheduled
Commercial/Nationalized bank in favor of NMDC Ltd payable at Kirandul. The EMD
against the respective lots has to be paid before bidding.
Sl
No |
Product Description |
Earnest
Money Deposit |
1 |
Sized Iron ore
Size:
6-40 mm
Fe
: 67% ( Indicative)
Alumina +
Silica : 3% (Indicative) |
Rs 33,00,000
(Rs. Thirty
three lakhs Only)
per lot of
10,000WMT |
2 |
Iron ore Fines (Baila Fines)
Size:
-10 mm
Fe
: 64.5% ( Indicative)
Alumina +
Silica : 5% (Indicative) |
Rs.16,00,000
(Rs. Sixteen
Lakhs Only)
per lot of
10,000WMT |
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 in Sl No.1 then
the EMD will be Rs 33 lakhs x Y. similarly 16 lakhs x Y for item mentioned in
Sl.No.2).
iii)
Online forward auction
notice duly signed and stamped on every page.
iv)
A letter of interest duly
signed and stamped. Annexure A
v)
Terms and Conditions of sales through Online Forward Auction (OFA) signed
and stamped on every page. Annexure B
vi) 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)
vii) Valid Sales Tax registration
certificate.
viii)
If material 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.
However VAT (5% of Invoice value) shall be deposited in advance which will be
refunded after submission of Form-H. This advance shall not carry any
interest.
In case of
domestic buyers, CST/VAT, as applicable at the time of dispatch would be
applicable.
ix)
Proof of ownership of Steel/Pig Iron/Sinter/Pellet/Sponge Iron Plant issued
by appropriate authority (Applicable for end users only)
x)
General Rules & Regulations governing conduct of online auctions on the
service provider platform signed and stamped on every page. Annexure D
xi) Proof of authority to sign the tender documents and the Affidavit.
(Applicable for end users only)
M/s
MSTC Limited 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.
5.
Before actual participation, the bidders may obtain necessary help from
MSTC Limited so as to enable them to participate in the online forward auction
process without any difficulty.
6.
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.
7.
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.
8.
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
9.
NMDC reserves the right to withdraw from the sale after advertising or
after issue of sale order of any quantity of the material 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.
10.
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/
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/