Notice & Catalog SAIL-BSP-M&BP-IADC-FA-10160061 to be held ...

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Steel Authority of India Limited MARKETING & BUSINESS PLANNING DEPTTTo,The HOD (M&BP),SAIL/Bhilai Steel Plant,Bhilai – 490001BHILAI STEEL PLANTLETTER OF INTERESTANNEXURE- BAnnexure – B(Page 1 of 1)REF : Auction Document No. M&BP/2013-14/ 10160061 dated 12.07.2013Dear Sir,We are interested in participating in the Online Forward Auction (FA-10160061) notified vide yourAuction Document under reference, for the Items mentioned at “Annexure A” of the AuctionDocument. We also agree to abide by all the instructions contained in the above referred OnlineForward Auction document in Toto (NIT, Annexures- A,B,C,D,E & F) to the extent modified in this onlineForward Auction Notice.1. Auction Notice.We are hereby submitting an EMD of Rs._____________________ byDD / PO_____________Dated _____________ in favour of M/s mjunction services ltd.(CMS CODE – MSAILEMD)(OR)NEFT/ RTGS vide UTR No: __________________dated ____________(OR)Direct transfer from the HDFC Bank account to MJ’s account No:001403100034802. We agree to offer our best bid in the Auction process, exclusive of Excise Duty, Sales Tax andother levies and hold the same valid for 30 days from the date of Auction.3. We are providing the following details of our self in connection with the above OLFA.Customer name :Customer Code (ERP code of BSP) :Name of the contact person :Contact telephone no. :Bank name & Address. :Branch code & Account no. :Mobile no. :Fax no. :e-mail address :TIN NO. :PAN NO. :ECC NO. :Place________________ Date_____________Yours FaithfullySignature of authorised PersonFor M/S ___________________( With Company’s Seal )
Steel Authority of India Limited MARKETING & BUSINESS PLANNING DEPTTBHILAI STEEL PLANTAnnexure- C (Page 1 of 4)GENERAL RULES AND REGULATION GOVERNING CONDUCT OF ONLINEAUCTIONS ONTHE “SERVICE PROVIDER” PLATFORMIntroduction :This Online Forward Auction is being conducted for Bhilai Steel plant, Steel Authority of India Ltd(hereinafter referred to as the “Client’’) on the Auction Platform of mjunction services ltd(hereinafter referred as “Service Provider”).The General Rules and Regulations provided herein govern the conduct of on line Forward Auctionsarranged by “Service provider” on its Auction Platform. These rules cover the roles andresponsibilities of the parties in the online Forward Auctions on the Auction Platform. Acceptancein-toto to these General Rules and Regulations governing conduct of online auctions, andTerms and Conditions for Sale of Materials by auction, of Bhilai Steel Plant is a pre–requisitefor securing participation in the online auctions.The key terms pertaining to the online Forward Auctions are provided in the “Annexure-D”.Prospective bidders are advised to read through the same.Role of Service Provider :“Service Provider’ is the agency (operator) primarily providing the service of the Forward auction tothe “client”.2. Finalisation of the auction items in consultation with the client.3. Defining of bidding rules for each auction in consultation with the client.4. Enhancing bidder awareness of and comfort with the auction mechanism andbidding rules.5. Input of the Auction items and defining the bidding rule in the auction engine.6. Enlarging the customer base by introducing new bidders.7. Collection of EMD, Letter of Interest etc. from the willing bidders and forwarding thesame to the Client.8. Providing access to the approved bidders to participate in the Auction.9. Summarising the Auction proceedings and communicate the outcome to the Client.The responsibility of fulfillment of the contract rests between the bidders and the client and theresponsibility of the “Service Provider” shall be restricted to the extent of the services provided bythem.
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