THE BRITISH INDIA CORPORATION LIMITED

(A Government of India Company)
Regd. Office; 14/136, Civil Lines,
Kanpur-208001 (U.P.)

TENDER NOTICE

The BIC Ltd, Kanpur proposes to sell following items on as is where basis is. Sealed tenders are invited from Agents / Dealers / Individuals interested in purchasing the same. The bids should be in two parts

(I) Technical Bid & (II) Financial Bid. Technical bid should contain all relevant documents, Earnest Money Deposit, Quantity, Payment terms etc. Financial bid will contain only the quoted price of the item. The technical bid and the financial bid should be in two separate envelops and the envelops should be marked “technical bid for the item-----and financial bid for the item-----" along with the name and address of the firm. Sealed envelops containing technical and financial bids should be placed in another envelop duly sealed and marked with tender for purchase of Worsted Shirting / Worsted Serge and should not bear the name and address of the firm. Interested parties may send their tenders to Manager (Marketing)

Sl. No. Item & Blend Composition Total Qty Place of stock Minimum lot qty. E. M.D. (Rs.) Date of Inspection
1 Worsted Shirting Khaki 50% wool + 50% poly 125000 M CWM (Lalimli)Kanpur 25000 M 200000 1-10 Aug 2006
2 Worsted Shirting Khaki 50% wool + 50% vis. 45000 M NEWM (Dhariwal)Punjab 250.0025000 M 117900 1-10 Aug 2006
3 Worsted Serge Khaki 80% wool + 20% poly 95000 M NEWM (Dhariwal)Punjab 25000 M 200000 1-10 Aug 2006

TERMS AND CONDITIONS

  • Parties can inspect the goods by contacting General Manager of the mills concerned / undersigned between 11.00 a.m. to 4.00 p.m. on the given date.
  • Tenders without the requisite earnest money shall not be considered. The earnest money will be in the form of demand draft in favour of The British India Corporation Limited payable at Kanpur.
  • If the bidding is done for more than one item then the amount spcified for each item as EMD should be added together and submitted as one EMD.
  • Tenders will be accepted up to 1.30 P.M on 17th Aug 2006 and opened at 4.00 p.m. on the same day in presence of intending tenderers who wish to be present.
  • Total quantity for which the bid would be accepted shall have to be lifted from the concerned mills within a month from the date of allotment letter against 100 % payment by way of demand draft in favour of "The British India Corporation Limited Kanpur.The Earnest money will be adjusted in the last consignment to be lifted by the party.
  • If lifting of goods is made after expiry of the above mentioned period of one month the liquidated damages will be charged @ 0.5% per week.
  • All disputes and differences arising out of or in any way concerning to this agreement shall be referred to the Sole Arbitrator to be appointed by the Chairman & Managing Director , the BIC Limited, Kanpur
  • BIC reserves the right to reject any or all offers without assigning any reason thereof. For further details

    Manager (Marketing)

    Ph. 0512-2079584