Auction Details

Auction No
MSTC/NRO/HINDUSTAN PETROLEUM CORPORATION LIMITED/2/OLD COURT ROAD/24-25/937[430766]
Opening Date & Time
05-04-2024::11:00:00
Closing Date & Time
05-04-2024::15:00:00
Inspection From Date
28-03-2024
Inspection Closing Date
04-04-2024
EMD Type
Not a Auto Prebid EMD Auction



Seller Details

Seller/Company Name
HINDUSTAN PETROLEUM CORPORATION LIMITED
Location
OLD COURT ROAD
Street
GROUND FLOOR, HPCL OFFICE, E-22, INDUSTRIAL AREA
City
`Panipat - 132103
Country
INDIA
Telephone
8135048008
Fax
Email
Naresh.kumar2@hpcl.in
Contact Person
Naresh Kumar



LOT NO[PCB GRP]/LOT NAMELOT DESCQUANTITYGSTLOCATION
Lot No: 1
Lot Name: BASKET FILTER CARBON STEEL CONSTRUCTION
BASKET FILTER (CARBON STEEL CONSTRUCTION, 84KG/CM2 PRESSURE RATING, 4730KG WEIGHT APPROX., FLOW RATE-992 M3/HR)

Contact Person: Mr. Anshul Kumar Gupta, Mob No : 9860053831

CLICK HERE FOR LOT PHOTO.

1 NO As Applicable / 18% HPCL MDPL Bahadurgarh, Near Asaudha Rly Station, Village Asaudha, Bahadurgarh-124505 State :Haryana
Total No of Lots = 1
 
Special Terms & Conditions
 
 

A) CONTACT DETAILS:

1. For inspection & other related matters, bidders may contact: HPC
L, Mr. Anshul Kumar Gupta, Mob No : 9860053831, email - harishchandra.upreti@hpcl.in;

For MSTC: Tanvi Saran, Deputy Manager, email id: tsaran@mstcindia.co.in, Board no. 011-23212357, 011-23215163, 011-23217850

B) ACCOUNT DETAILS

2. All the payments pertaining to HPCL needs to be credited in the under mentioned account no-
Name of the Beneficiary: Hindustan Petroleum Corporation Ltd
Bank Name :State Bank of India
Branch :PARLIAMENT STREET NEW DELHI
A/c No : 000011084278230
IFS Code :SBIN0000691

3. Account details of MSTC LTD for service charges to be made through e-payment gateway: http://mstcecommerce.com/auctionhome/RenderFileGeneralAuctions.jsp?file=BuyerManualforePayment.pdf
After forwarding the payment through RTGS, the customer is required to provide the UTR no. immediately to HPCL and MSTC through mail on the mail id mentioned above.

4. Incase the date of submission of payment happens to fall on a Public Holiday, the next day shall be considered as the date of submission of payment.

C) GENERAL CONDITIONS:

5. MSTC Ltd. Shall hereinafter be referred to as MSTC and will act in the capacity of the Disclosed Agents of HPCL who will act as Principal/Owners.

6 All the offer shall be valid for a period of 90 days from the date of closing of e- auction.

7. The materials offered for sale must be inspected prior to due date of e-auction.

8. 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/Hindustan Petroleum Corpn Ltd 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 www.mstcecommerce.com and click help for any assistance mail at customercare@mstcindia.co.in

9. All the materials are offered for sale on AS IS WHERE IS basis Ex works Owners, rate must be quoted on unit basis for each lot separately not part thereof i.e. in Rupees per unit only. The quantity indicated against the lot are purely indicative.

10. After the submission of bid(s) by the Buyer, a presumption would be drawn that the buyer has inspected the material and has satisfied himself about the nature, quantity, quality, other technical specifications, taxes-duties and legalities prior to the e-auction. No complaint, whatsoever, on the points referred above, would be entertained after the submission of the bid.

11. The Principal/Owner of the materials reserves the right to withdraw at any stage the sale of any item or quantity of material either by number or by weight or any other specific unit etc, even after issue of Sale Order/Delivery Order. The Principal/Owner will not be bound to assign any reason or details thereof. Value of the materials so withdrawn, if any, and paid by the buyer will be refunded. The Principal will however, not be responsible for any damage, loss, direct or consequential compensation whatsoever to the buyer nor for payment of any interest.

12. The Sale will be governed by the Material List & Special Terms & Conditions (STC) displayed on the Live eAuction Floor (and not under Forthcoming Auctions) as well as the General Terms & Conditions (GTC) and Buyer Specific Terms & Conditions ( BSTC ) already accepted by the Bidder at the time of eAuction Registration with MSTC. The Material List & STC displayed under View Forthcoming Auctions on MSTC's eAuction Website are tentative and subject to change at MSTC's sole discretion before the start of eAuction. Bidders should therefore download the Material List and STC displayed only under View Live Auctions for their record purpose, if required. The BSTC and GTC can be seen and downloaded by going to the Home Page of the eAuction Website and clicking on NEW USER. Participation in the eAuction will be deemed to imply that the Bidder has made himself thoroughly aware of and accepted the STC, BSTC and GTC. In case of any conflict between the STC and BSTC , the STC shall prevail. MSTC shall have the right to issue addendum to the STC or BSTC, to clarify, amend, modify, supplement or delete any of the conditions, clauses or items stated therein and the Addendum so issued shall form a part of the original STC.

13. MSTC/HPCL reserves the right to call all the eligible bidder(s) for revised bid along with requisite EMD for any lot.

14. The quantity in actual may turn out to be more or less than the estimated quantity. In the event of quantity turning out to be more than the estimated quantity the buyer has to lift the allotted quantity(+/-10%).In the event of actual quantity turning out to be less than the estimated quantity, the buyer shall not be entitled to claim any damages, loss of interest or compensation on this count.

15. Rate must be quoted exclusive of applicable taxes and duties which will be charged as on date of delivery. Any variation in such taxes and duties will be borne by the buyers.

D) INSPECTION DETAILS:
16. Instructions for inspection of material: a) Inspection of material shall be allowed only in the period given in catalogue. b) Bidder coming for inspection must carry valid MSTC card along with him. c) Authorization letter for inspection will have to be submitted to IOCL if bidder is sending their representative for inspection. d) Maximum 2 persons from one party shall be allowed to inspect the material at a time.

17. Buyers have to inspect the material thoroughly and satisfy themselves about the nature, hazardous/explosive properties, if any, before submitting the bid. In case they come across any material beyond the scope of the description of material, it should be informed to seller/mstc. Mstc will not be responsible for any complaint in this regard.

E) POST BID FORMALITIES
18. E-auction lot Status/result: The status of the highest bids having been accepted on Confirmed or STA 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 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. Although immediately after closing of e-Auction, a system generated automatic Sale Intimation Letter will be issued by e-mail to the Highest Bidder for accepted/STA lots. 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.

19. The Contract shall be treated as having been entered into as soon as the bid is confirmed in favor of the successful bidders. The period of contract shall be of sixty days from the date of last Delivery order by MSTC against full payment made by the party. The contract shall be deemed to be complete as soon as the Area is cleared of the entire material allotted or on completion of the period of contract as mentioned above, whichever is earlier.

20. The bidders shall submit Earnest Money Deposit RTGS/NEFT in favor of Hindustan Petroleum Corpn Ltd within 7 days from date of e-auction for accepted lots. For STA lots, the EMD must be submitted within 7 days of approval of the said lot(s). The EMD must be @10% of the net sale Value quoted (excluding taxes& duties). Upon issue of the sale order the EMD shall automatically be converted into Security Deposit. The Security Deposit as specified in Sale Order shall be adjusted only at the time of final payment.
21. The balance payment is to be paid by the buyer in two parts within 15 days from issue of AL or 22 days from acceptance of Lot (whichever is earlier) - (i) Balance Payment in favour of HPCL at the above mentioned Bank Account and (ii) Service Charge + IT-TDS to MSTC via ePayment in one installment. The break up of payments shall be mentioned in the sale order.

22. Payment dates for installments shall be strictly adhered to irrespective of whether lifting of earlier installments are completed or not.

23. If payment against basic cost only is deposited and amount of GST and Late Payment Fee, if any, etc. is not deposited by buyer then the seller/stockholder at its own discretion shall issue relevant site delivery order for reduced quantities after adjusting the GST/ Late payment charges etc.

24. For delayed payment of balance sale value along with taxes and duties, late payment charge @ 1% per week or part thereof for a maximum period of 14 calendar days has also to be charged which should also feature in the STC However, this shall not confer any right to the Bidder to make any Late Payment of Balance Sale Value or applicable Duties and Taxes and MSTC/HPCL reserves the right not to accept the payment of the Balance Sale Value with or without the additional charges after the expiry of the due payment time as mentioned above.

25. Delivery period: The successful bidders shall lift the all allotted material lying in the lot allotted to them by employing their own labor and transport at their own cost within 1 month from the date of Delivery Order (including date of issue)/or as stipulated by MSTC LIMITED.

F) DELIVERY/ LIFTING
26. Delivery of materials shall be granted to the successful buyers as per sole discretion of HPCL. It will be sole discretion of HPCL and bidders shall not have any say in this regard. Complaints/Representations in this regard shall not be entertained. It will be deemed that bidders participating in e-auction shall adhere to and abide by the sequence/order of items which shall be delivered as per discretion of HPCL authorities. Action as deemed by HPCL authorities may be initiated if the successful buyer is found to violate the delivery sequence. HPCL owns the right to cancel the bid without specifying any reason.

27. Delivery of materials higher than the notified quantity will not be granted by HPCL. Successful buyer cannot claim materials higher than the notified quantity even if it is found at site.

28. Party to visit site and make own assessment of weight of scrap for disposal, before quoting. Material are to be taken on as is where is basis and no complaint basis.

29. All loaded scrap TT will be issued e-waybill as per statutory requirement. Vendor to comply with all statutory requirements.

30. All tool, equipment like hydra, crane, gas cutter etc., as deemed necessary in order to complete the work of shifting of material/loading/transportation and disposal in a safe manner is to be Arranged by the Party/Vendor.

31. Any extra precaution required for the job disposal/loading/transportation has to be provided by the party.
32. Party has to deploy skilled manpower where ever required.
33. All tools, tackles & manpower including PPEs required for the job to be provided by party.

34. The contractor is fully responsible for paying the Minimum Wages to the workers as applicable and must fulfil the statutory obligation viz. EPF/ESIC.

35. The payment of minimum wages, ESIC, PF to be followed by the vendor.
36. During working at site all the safety precaution to be followed by the workman and it is the responsibility of the party to train the Manpower accordingly.

37. Party will be solely responsible for the safety of their workmen while working in the Depot Premises. Labourers will have to be made knowledgeable about safety policies by the vendor & there should not be any unsafe practices while doing the job inside the Depot. Any loss /violation of same will have to be compensated by the vendor.

38. Work Permit: Wherever necessary required permits (hot work/cold work/electrical/height permit etc.) to be obtained from competent officer before commencement of work. Use of PPE (safety shoes, helmets, safety belts) are mandatory.

39. Before carrying out the upliftment of materials, party has to pay the full amount.

40. Party has to complete the total upliftment within 30 days time after receiving authorization letter.

41. On the date of product upliftment, bidder must submit Delivery Order with the place of movement.

42. Bidder must provide copy of LR showing consignee address clearly as the place of intended movement.

42. It will be deemed that before participating in e-auction the bidders/buyers/parties: -

42.1. Have read and understood the entire auction terms & conditions and shall abide by them all.

42.2. Have inspected the materials at site and have clarified all their doubts and queries whatsoever.

42.3. Shall abide by the delivery sequence/order of items as fixed by HPCL.
43. In case of delayed lifting, the collection of ground rent in advance shall be the sole responsibility of the seller before effective delivery. The rate of ground rent beyond the free delivery period shall be @ 2% per week or part thereof for a maximum period of 14 calendar days.

44. In case of Goods sold on Lot Basis, the Ground Rent will be calculated at the rate specified above on the value of the entire Lot even if lifted in part, where as in case of Goods sold on Unit Weight or Unit Number Basis, the Ground Rent will be calculated on the value of unlifted quantity However it must be noted by the Bidders that it will be the sole discretion of the Seller not to allow the Buyer to lift the Goods with or without the Ground Rent after the expiry of the stipulated free Delivery period or even within the aforesaid additional period of 14 (Fourteen) Days and in such event, the sale of the material not lifted by the Buyer(s) will be automatically cancelled and all the moneys paid by the Bidder /Buyer will be automatically forfeited.

430766