Sealed quotations are invited for disposal of one Bullion Van (Model 1988) registered in the name of Reserve Bank of India, Kanpur .The disposal of this vehicle will be on “As is where is” basis as per Terms and conditions and quotation forms for Disposal of Bank’s Bullion Van .These vehicles can be inspected in the Bank’s premises from February 10, 2015 to February 11, 2015 between 1030 Hrs to 1300 Hrs. Quotations in sealed cover along with a signed copy of terms and conditions and prescribed amount of security deposit in the form of Demand Draft favouring Reserve Bank of India, payable at Kanpur, should reach Regional Director, Estate Department, Reserve Bank of India, Kanpur, Uttar Pradesh– 208001 on or before 24.02.2015 up to 1400 Hrs. The quotations will be opened on the same day at 1530 Hrs. The security deposit will be forfeited if the successful bidder does not purchase the vehicle. Bank reserves the right to reject any or all the tenders without assigning any reasons whatsoever.

Shri Shekhar Bhatnagar
Regional Director
Reserve Bank of India
Kanpur

Terms and Conditions for Disposal of Cars

The quotations are invited for disposal of one Bullion Van of Reserve Bank of India, Kanpur. The quotations in sealed cover addressed to Regional Director, Reserve Bank of India, Estate Department, Kanpur, Uttar Pradesh-208001 on which it should be written “Disposal of Bank’s Bullion Van” should reach us by on or before 24.02.2015 upto 1400 Hrs. The bidders may please note that they should submit their sealed quotations up to prescribed date and time in the Quotation Box only in the Estate Department which is situated in the Main Office Building of Reserve Bank of India, Kanpur and they may also please note that Bank will not accept any other term or condition except those indicated in this doce4rtyument. All the quotations will be opened on the same day i.e. 24.02.2015 at 1530 Hrs in presence of bidder/s if they desire to be present at the time of opening quotations. Bank reserves the right to reject any or all the quotations without assigning any reasons whatsoever.

The other Terms and Conditions for Disposal of Bullion Van are as under:

1. Disposal of Van will be on the basis of Quotations and will be on “As is where is” basis

2. The Bidders before submitting their bid/s can inspect these vehicles in the Bank’s Premises from February 10 to February 11, 2015 between 1030 Hrs to 1300 Hrs.

3. Bidders have to submit the security deposit in the form of demand draft or pay order with their bids. The details of bullion van which is being disposed off and the amount of security deposit to be deposited has been indicated as under:

4. The DD or Pay Order in favour of Reserve bank of India, Kanpur should be payable at Kanpur. Bidder may please note that the security deposit in form of cash or cheque will not be accepted. Bids will not be accepted without prescribed amount of security deposit.

5. The successful bidder has to deposit the bid amount and as well as VAT amounting to 4% of bid amount within 7 days after acceptance of their bid. Both these amounts (bid amount and VAT) have to be deposited in Estate Department, Reserve Bank of India, Kanpur, Uttar Pradesh- 208001 in the form of DD/Pay order. The successful bidder has to remove the vehicle within 10 days.

6. The security deposit will be forfeited, if the successful bidder doesn’t deposit the bid amount and as well as VAT amounting to 4% of bid amount and remove the vehicle from Bank’s premises within prescribed time period.

7. Disposal of Van will be on”As is where is” basis and will be done before the close of office without causing any inconvenience to the working staff.

8. The bidder who purchases the vehicle has to get the said vehicle registered in his or her name from the concerned Registration authority within one month from the purchase of Van. The bidder has also to bear all the expenses in connection with registration of vehicle in his or her name, removal of vehicle from Bank’s premises, Road Tax, Insurance, fitness, Pollution certificate, etc.

9. The Bank reserves the right to reject any or all the quotations without assigning any reason whatsoever.

10. The bidder has to indicate his or her PAN No. in the quotation form and has to submit the copy of PAN Card. One of the documents i.e. Voter Card/Aadhar Card/Driving License, etc. shall also be submitted with the PAN Card copy as an identity proof.

11. The Security deposit of unsuccessful bidders (same demand draft/pay order) will be returned. No interest will be paid on security deposit.

ALL ABOVE TERMS AND CONDITIONS ARE ACCEPTED BY ME/US.

Signature:

Date:

Name of the bidder:

Stamp:

Address:

Telephone No:

Mobile No:

PAN No:

Quotation Form

Disposal of Bank’s Bullion Van (UAN 8824)

Details of Security Deposit:
Name of the Bank & Branch:
DD No/ Pay Order No:
(Amount in Rs. 10,000/-)

Signature:

Date:

Name of the bidder:

Stamp:

Address:

Telephone No:

Mobile No:

PAN No: