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Date : May 27, 2022
Sale of Packaged AC units at La-Gajjar Chambers, RBI Ahmedabad through E-Auction

Auction Number: MSTC/VAD/Reserve Bank of India/1/Near Gandhi Bridge, Ahmedabad/22-23/7118

Reserve Bank of India, Ahmedabad intends to sell its following item on “as is where is basis” through E-auction:

Sr. No. Description of Packaged AC units Details
1 Company / Make Voltas Bluestar Voltas
2 Tonnage of Refrigeration 17 TR 16.5 TR 10 TR
3 Numbers of Unit 6 4 3
4 Model ACDPUWSC170CDR407 DPW1983R2 DPUAH100
5 Year of Purchase 2015 2014 Not available
6 Description of parts of Packaged AC units 6 nos 17 TR, 4 nos. 16.5 TR and 3 nos. 10 TR along with 170 TR Mihir make cooling tower, 6 nos. condenser pumps and MS piping for the system

Terms and Conditions:

1. Bidders are requested to inspect the Packaged AC units and get acquainted with the conditions etc. before bidding in the E-auction. All the material will be lifted by buyer on "As is where is basis".

2. The participant can examine the Packaged AC units stationed at Reserve Bank of India, La-Gajjar Chamber, Ashram Road, Ahmedabad up to June 16, 2022 on Bank’s working days (Monday to Friday) between 10.30 AM to 12.30 PM. Pre-Bid meeting will be conducted on June 17, 2022 and minutes of Pre bid meeting will be part of said E-auction.

3. Live E-auction will be held on MSTC E-auction Portal on June 20, 2022 between 12:00 PM to 04:00 PM. The E-auction closing time will be automatically extended by eight minutes every time the last H-1 Bid is received within eight minutes of the predetermined or extended Closing Time. This process will continue till the last H-1 Bid remains unimproved for a minimum period of 8 (eight) minutes.

4. All expenses relating to charges for transportation, loading, unloading and insurance etc shall be borne by the successful bidder. No claim in respect of changes in any other taxes/ duties shall be entertained by the Bank.

5. Insurance: The successful bidder shall obtain “All Risk Policy” for the contract value and “workmen compensation policy” for the workers engaged in the work in the joint name of Reserve bank of India, Ahmedabad and the contractor. The successful bidder shall indemnify the Bank for any loss or damage that occurs to person/s or building or third party while executing the work. Third party liability in firm’s all risk policy shall be minimum ₹1 lakh per person for any one accident or occurrence and ₹5 lakhs in respect of damage to property for any one accident or occurrence.

6. Rate must be quoted exclusive of GST and TCS. GST rates as indicated in the e-auction catalogue are only indicative. Actual GST rates as applicable on the date of lifting shall be applicable. Bidders are required to satisfy themselves about GST rate and TCS rate through their own sources/means before bidding in this e-auction and any clarification should be discussed in the Pre-Bid meeting. No complaint from any bidder thereafter, regarding any variation will be entertained after the e-auction goes on live floor. Non-payment of sale proceeds on the ground of any discrepancy of GST rate and TCS rate will be treated as default and action as deemed fit including but not limited to forfeiture of EMD/SD will be taken against the bidder.

7. It is to be noted that shifting of captioned packaged AC units will be undertaken through staircase only due to unavailability of lifts at La-Gajjar Chamber office premises.

8. Pre-bid Earnest Money Deposit (EMD) of ₹15,000/- (Rupee fifteen thousand only) should be paid on MSTC E-auction Portal before participating in this auction. Pre-bid Earnest Money Deposit will be refunded within twenty (20) working days in the case of unsuccessful bidders.

9. Packaged AC units will be handed over to the successful bidder only after complete sale price is received by the Bank.

10. The Bank reserves the right to accept or reject any or all bids without assigning any reasons therefor. The decision of the Bank in the matter shall be final and binding on all the bidders.

(Regional Director)