Auction Details
Auction No MSTC/HO/NMDC Limited/3/Hyderabad/12-13/5878[54123]
Opening Date   &  Time 01-10-2012::14:30:00
Closing Date & Time Scheduled Time   01-10-2012::16:30:00 Closed At   01-10-2012::16:30:00
Inspection From Date 25-09-2012
Inspection Closing Date 30-09-2012

 

Seller Details
Seller /Company Name NMDC Limited
Location Hyderabad
Street Khanij Bhavan, 10-3-311/A, Castle Hills, Masab Tank
City Hyderabad,-500173
Country INDIA
Telephone 040-23538713-21
Fax 040-23538711
Email anuragchoubey@nmdc.co.in
Contact Person Shri Anurag Choubey

 


LOT NO[PCB GRP]/LOT NAME LOT DESC QUANTITY ED/(ST/VAT) LOCATION
Lot No. :F01 TO F02
PCB GRP :[PRE-BID Iron Ore Fines]
Lot Name :Iron ore Fines (Baila Fines)
Iron ore Fines (Baila Fines) Size: -10 mm Fe : 64.5% ( Indicative)
Alumina + Silica : 5% (Indicative). Total Qty. 20,000 MT (+/- 10%) in 2 Lots of 10,000 MT. Bidding Basis: FOT Ex-Stockpile 11-B Mine kirandul Earnest Money Deposit Rs 16,00,000/- (Rs Sixteen Lakhs Only) per Lots of 10000 MT.
20000.0 MT As Applicable /0.0 KIRANDUL MINE
Total No of Lots = 1
SPECIAL TERMS & CONDITION

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/