Organization Name
National Transmission and Despatch Company
Online Submitted Tender |
Organization Name |
National Transmission and Despatch Company |
| Address | Director Media NTDC, Room No 63 Wapda House |
| City | Lahore |
| Tel No. | 042-99204881 |
| Fax No. | 042-99204882 |
| Receipt No | 185396 |
| Tender No | AUCTION NOTICE /Project Director (EHV-I) NTDC |
| Description | NTDC PD (EHV-I) LAHORE AUCTION NOTICE NO 01/2024. Open Public auction for the disposal of under mentioned material on ?AS IS? ?WHERE IS? basis will be held on the date, timing and location as given below:- Auction No. Time & Date Description of Material/Lots Location of Store & Place of Auction 01/2024 11:30AM 14.05.2024 Lot-I: Unserviceable/Scrap Tower Material (500kV Single Circuit Tower Type SGM Basic Body) EHV Site Store at 500kV Grid Station NTDC, Muraday Kalan Sheikhupura Lot-II: Unserviceable/Scrap Tower Material (500kV Single Circuit Tower Type SGM Leg & Body Extentions) Lot-III: Unserviceable/Scrap Tower Material (500kV Single Circuit Tower Type AGM Basic Body) Lot-IV: Unserviceable/Scrap Tower Material (500kV Single Circuit Tower Type AGM Leg & Body Extentions) Lot-V: Unserviceable/Scrap Tower Material (500kV Single Circuit Tower Type DGM Basic Body) Lot-VI: Unserviceable/Scrap Tower Material (500kV Single Circuit Tower Type DGM Leg & Body Extentions) Terms & Conditions: 1. For each Lot, every auctioneer intending to participate in the auction proceedings will have to deposit a lumpsum refundable security of Rs. 1,000,000/-(Rupees One Million only) in the form of CDR in favour of Project Director (EHV) NTDC Lahore before the start of auction process which will be adjusted in the 25% earnest money in case of successful auctioneer and returned to the unsuccessful auctioneers on the same day except the auctioneers placed at 2nd and 3rd number in the auction process. The CDRs of the 2nd and 3rd number auctioneer will be retained deposit of balance 75% by the successful auctioneer. 2. For each Lot, the successful auctioneer shall pay balance of the (25% of Offered Bid amount-1,000,000/- deposited as CDR) in cash of total bid amount on the spot as earnest money and balance amount i.e. 75% along with all the taxes will be deposited within two (02) weeks from the date of acceptance of the bid accordingly. 3. For each Lot, in case of failure of deposit of all the balance amount along with all applicable taxes within due date by the successful auctioneer, the sale of store material in the name of successful auctioneer will stand cancelled and deposited 25% earnest money shall be forfeited. In this case, the sale of store material will be offered to the next highest bidder as per procedure/rules. 4. All the rights to cancel/alter the schedule of auction are reserved. Applicable General Sales Tax and any other taxes including income tax will not be included in the bid price and these will be paid separately by the purchaser on the total bid cost. 5. Material can be seen on any working day before the auction date during the office hours at EHV Temporary Site Store at 500kV Grid Station NTDC, Muraday Kalan Sheikhupura (0300/0322-4977421). Project Director (EHV-I) NTDC, 34-Industrial Area Gulberg-III Lahore Ph: 042-99263225 0335/7401928 |
| Remarks | |
| Advertisement Date | 29/4/2024 |
| Closing Date | 14/5/2024 |
| Closing Time | 11:00:00 AM | Opening Time | 11:30:00 AM |
| Tender Documents |
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Estimated Cost |
| Tender Nature | National |
| Earnest Money | |
| Bid Validity | |
| Bid/Tender Document Cost | |
| Remarks |
