Pakistan - National Transmission and Despatch Company, Lahore OPEN AUCTION NOTICE NO 01/2025 Disposal of Material/Lots

Description

NTDC PD (EHV-I) LAHORE OPEN AUCTION NOTICE NO 01/2025.

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 Qty: Location of Store & Place of Auction
01/2025

11:30AM
29.01.2025
Empty Scrap/Unserviceable ACSR Rail Conductor Reels (Broken / Scrap / Frames / Rings) 154 Nos. M/s Sinohydro site store near Saikhum Adda Near 500kV G/S Lahore North Tehsil & District Sheikhupura
Empty Scrap/Unserviceable OPGW Reels
(Broken / Scrap / Frames / Rings) 06 Nos.
Broken Insulators 80kN/100kN E&M Strength 93 Nos.
Empty Drums of capacioty 200 Liters Each used for supply of Nut & Bolts of Tower Material Lot.
Scrap/Unserviceable ACSR Rail Conductor in small pieces 8075 Kg (Approx:)

Terms & Conditions:
1. 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. 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. 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 M/s Sinohydro site store at Saikhum Adda Near 500kV G/S Lahore North Tehsil & District Sheikhupura (0304-3930957).

Project Director (EHV-I) NTDC,
34-Industrial Area Gulberg-III
Lahore Ph: 042-99263225
0335/7401928

Opportunity closing date

29 January 2025

Value of contract

to be confirmed