IFCI Infrastructure Development Limited (IIDL)
IFCI Tower, 61, Nehru Place, New Delhi-110019
Phone(s) : 011-41732243/41732262, Fax : 011-26487059
Website : www.iidlindia.com
Ref. Advertisement issued on 25.06.2014 in
1. THE ECONOMIC TIMES
2. DINAMALAR
IN RESPECT OF SALE OF PRIME PROPERTY
ON AS IS WHERE IS WHATEVER THERE IS BASIS
Tender Document
Date of release of advertisement
Last date for submission of tenders
Date and time of opening of Tenders
Venue for opening of Tenders
25.06.2014
10.07.2014 / 2:00 P.M.
10.07.2014 / 4.00 P.M.
IFCI Tower, 8th Floor, 61, Nehru Place,
New Delhi-110019
This Tender Document consists of the following:
{A}
Official copy of the advertisement
{B}
Details of the properties advertised for sale
{C}
Terms and conditions
{D}
Tender Form
{A} Official copy of the advertisement
IFCI Infrastructure Development Limited (IIDL)
IFCI Tower, 61, Nehru Place, New Delhi-110019
Phone(s) : 011-41732243/41732262, Fax : 011-26487059
Website : www.iidlindia.com
{ B.}
DESCRIPTION OF PROPERTY FOR SALE
Following prime property is available for sale on ‘As Is Where Is And Whatever There Is’ basis:
S.No
Description
Reserve
Earnest Money
Price (in cr.) Deposit(EMD)
1.
Plot No. 81, S.F. No. 62/1A1,1B1,1A2,1A3, 1B2, 4.57
10% of Reserve
2A,2B,2C,3B,
63/1,2A,2C,
Melmuthalambedu,
Price
Gummidipoondi, Taluk Thiruvallur, District Tamil Nadu
Interested parties may please contact the Associate Vice President (BD). Offers are invited in sealed
covers for purchase of the properties with EMD only by way of Pay Order/DD, drawn on a scheduled
Bank, payable at NEW DELHI favoring “IFCI Infrastructure Development Limited”. EMD shall bear no
interest, be adjusted in case of successful offerer and shall be forfeited in case of default by such offerer.
The properties will not be sold below reserve price. Successful bidder has to deposit 50% of the bid
amount (inclusive of EMD) within 2 working days by way of pay order/DD, and remaining 50% on or
before 10.09.2014. In case of failure to deposit the balance amount within the prescribed period
mentioned above, the amount deposited shall be forfeited. IIDL reserves the right to accept delayed
payment with interest @ 18% p.a. from the date of “confirmation of Sale” beyond the permissible period of
15 days upto maximum period of 60 days from the date of confirmation of Sale. As the sale is subject to
confirmation by IIDL, the offers would be treated as open. The purchaser shall satisfy itself as to
existence of any encumbrances or any dues to Government or anybody in respect of these properties
and also bear expenses of transfer of assets. Tender Document is available a cost of Rs. 1000/- at the
above address as well as on the website www.iidlindia.com which contains more details, as it forms part
of the advertisement. IIDL reserves the right to reject any or all offers without assigning any reason
thereof or modify the terms & conditions on spot as per the circumstances.
Last date and time for submission of tenders
Venue, date and time of opening tenders
10.07.2014 till 2.00 P.M.
IFCI Infrastructure Development Limited
IFCI Tower, 61, Nehru Place, New Delhi-110019
Phone(s) : 011-41732243 Fax : 011-26487059
Tentative date of inspection
On 10.07.2014 at 4.00 P.M.
On 04.07.2014 between 11.00 AM to 4.00 PM.
.
Date : 25.06.2014
Place : NEW DELHI
Sd/ASSOCIATE VICE PRESIDENT (BD)
IFCI Infrastructure Development Limited
NOTE: The information given is based on the records available with IIDL. IIDL does
not undertake any responsibility for accuracy thereof. The bidders are requested to
independently verify the details on their own.
{C} Terms and conditions
1
2
3
4
5.
6
Bids invited for
All the properties separately
Basis
As is where is basis.
Last
date
for Not later than 10.07.2014 on 2.00 P.M.
submission of tenders
How to submit the Signed and completed tenders should be put in an envelope (separate
tenders
envelope for DD/Pay order for the specified amount of EMD) and both the
envelopes should be sealed and super scribed with “Offer for purchase of
Property at Gummdipoondi, Taluk Thiruvallur, Distt. Tamil Nadu”.The
envelopes should be submitted by dropping in the “Tender Box” kept at the
reception on the Ground Floor in IFCI Tower, 61, Nehru Place, New Delhi110019 on or before 10.07.2014 between 10.00 A.M. and 5.30 P.M. on any
working day and between 10.00 A.M to 2.00 P.M. on the last day i.e
10.07.2014.
Eligibility
The tenderer should:
a) Be a person, registered trust, registered firm, registered corporative
society, private limited company, public limited company,
partnership firm registered in India.
b) Be legally competent to enter into contracts as per prevailing norms.
c) IIDL may also consider a tender submitted by a consortium of
persons/companies. It is made clear that there should be no change
in the consortium structure during the finalization of the tender right
upto the stage completion of the transaction. If there is any change
in the consortium structure, IIDL reserves the right to cancel the
sale.
Earnest
Money 10% of the Reserve Price
Deposit (EMD)
Tenders not accompanied by the EMD or accompanied by short EMD shall
7
8
9.
be treated as invalid.
No interest shall be payable by IIDL on the EMD amount.
Payment Schedule
1. EMD being 10% of the Reserve Price to be submitted along with
Tender.
2. 50% of the bid amount (inclusive of EMD) to be paid within 2
working days after the acceptance of the offer by IIDL,
3. Balance 50% to be paid on or before 24.06.2014
4. The purchaser has an option to give the full sale consideration in
advance.
5. The offered amount/bid amount of the purchase of properties shall
be exclusive of all taxes/duties/arrears etc. as applicable and the
same shall be borne by the Purchaser without any recourse to IIDL.
Mode of payment of By way of crossed DD/Pay Order drawn on a scheduled bank in favour of
EMD
IFCI Infrastructure Development Limited and payable at New Delhi only.
Mode of submission of Tenders should be submitted in sealed covers alongwith following:
tender
1. EMD with Demand Draft/Pay order as mentioned above drawn in
favour of IFCI Infrastructure Development Limited
2. The terms and conditions of Tender duly signed by the tenderer on
each page in token of having accepted the same in toto.
3. A demand draft of Rs. 1000/- towards the cost of tender document.
Tenders sent through telex/fax/email shall not be accepted.
In case the office remaining closed on the day of opening of tender for any
unforeseen reason, the tenders shall be opened on the next working day at
the time and venue mentioned above in the presence of tenderers who wish
to attend.
10.
Refund of EMD
Normally within 7 working days of opening of tenders. The tenderers will not
be entitled to claim any interest if the refund of EMD is delayed for any
reason whatsoever.
For successful bidder, EMD amount will be adjusted against payment of bid
amount.
Tenders not received in the prescribed tender form or incomplete in any
respect or unsigned or not accompanied by DD/PO for the requisite EMD or
accompanied by short EMD shall be rejected.
Any Tender with Bid lower than the Reserve Price shall not be considered
under any circumstances.
11
Adjustment of EMD
12
Rejection of tenders
13
14
Selection of best offer Shall be decided by the Sale Committee constituted by IIDL.
Liability
of
the The prospective purchaser may carry out due diligence in respect of likely
purchaser
liabilities pertaining to the property (ies) before submitting the tender. It may
be noted that the purchaser will be responsible for meeting these liabilities, if
arise and IIDL will not be liable to meet any such liabilities whatsoever.
The purchaser shall have to pay the statutory/government/other dues, if any,
in respect of the assets/property advertised for sale.
IIDL does not undertake any responsibility to procure any permission/
license etc. in respect of the property/assets offered for sale or for
settlement of any dues whatsoever in respect of the said property/assets.
15
16
Stamp Duty and
Registration Charges
Delivery
Period/Possession
17
Disputes on tender
18
Inspection of assets
19
Force Majeure
20
Miscellaneous
21
Contact Persons
22
General terms and
conditions of tender
All taxes/stamp duties and registration charges etc. as applicable and
related to the offered property shall be borne by the purchaser.
After receipt of full and final payment of the total sale consideration of the
assets, IIDL will issue a letter for Possession in favour of the purchaser and
the purchaser will take necessary steps to take over the possession of the
Property immediately. Subsequently Sale Deed will be executed in favour of
the Purchaser
In case of disputes in tender, the decision of IIDL shall be final and binding
on all concerned.
Tenderers are advised to submit their tenders only after inspection of assets.
The inspection of assets would be arranged by IIDL with prior appointment
on the dates mentioned hereinabove.
The cost for inspection of assets will have to be borne by the prospective
tenderers. Please contact the aforementioned office of IIDL for details.
IIDL shall not be liable for any failure or delay in performance due to any
cause beyond their control including fire, flood, strikes, slowdown, lockout,
closure, dislocation of normal working condition, war, riots, epidemics,
Government action etc. or any condition beyond the control of IIDL
Tenders with conditional offer will be treated as invalid.
Correspondence about any change/modification in the offer after submission
of tender will not be entertained.
If any tenderer wishes to give a fresh offer for any of the property before the
last date prescribed for submission of the tender in the concerned
advertisement, he may file a fresh tender with appropriate Earnest Money
Deposit.
For any clarification/assistance, please contact Shri Mohit Bhatnagar, AVP
(BD) on 09990725794
a) The bid will be opened at IFCI Tower, 8th Floor, 61, Nehru Place, New
Delhi-110019 on 10.07.2014 at 04.00 P.M. in the presence of such
offerers who wish to be present.
b) The bids would be in the nature of ‘subject to approval of IIDL’ i. e. the
highest bid would be finalised and kept on record until a final decision is
taken on all the bids received.
c) IIDL would reserve its right to reject any or all bids without assigning
any reason thereof.
Notes :
1. The tenderers will have to submit valid identity and address proof as may be required. Formal
authorization should be furnished if tenderer/bidder is represented by representative.
2. Tender should be filled in the format of the Tender enclosed herewith.
3. That every page of the tender document is duly signed by the tenderer before submitting the
tender.
4. All alterations, erasures and overwriting, if any, in the tender shall be duly authenticated by the
tenderers signature.
5. The Sale Committee may, for any reasons to be recorded in writing, reject any tender including
the highest tender.The Sale Committee would not be obliged to give a copy of reasons for
rejection of the bid to the unsuccessful tenderer.
6. Any other case specific aspect could be inserted here.
*****
(D) TENDER FORM
To,
The Managing Director,
IFCI Infrastructure Development Limited,
IFCI Tower, 61,
Nehru Place,
New Delhi-110019.
Dear Sir,
Ref. Advertisement issued on 25.06.2014 in
IN RESPECT OF SALE OF PROPERTIES
ON AS IS WHERE IS WHATEVER THERE IS BASIS
1. THE ECONOMIC TIMES
2. DINAMALAR
SUBMISSION OF TENDER
1.
I/We, the tenderer/s, do hereby state that, I/we have read the Tender Document and the terms
and conditions of tender and the above advertisement and understood them fully. I/We, hereby
unconditionally agree to confirm with and to be bound by the said conditions. My/Our offer for
purchase of the property as appearing in the Tender Document is as under:
a
Name of the Tenderer
(in case of company/firm, also give names of
key Directors / partners)
(Furnish documents in support)
b.
Registered office/place of business
b
Name of the Property with location for which Plot No. 81, S.F. No. 62/1A1,1B1,1A2,1A3, 1B2,
tender is being submitted
2A,2B,2C,3B, 63/1,2A,2C, Melmuthalambedu,
Gummidipoondi, Taluk Thiruvallur, District Tamil
Nadu
Amount quoted for the property for which
the tender is submitted
Particulars of EMD
DD No.___________Date______________
BANK DETAILS____________________________
c
d.
2.
I/We further declare that I/We intend to purchase the above referred property from IIDL for our
own use / business and that the information revealed by me/us in this Tender Form is true and correct
to the best of my/our knowledge and belief.
3.
I/We agree if any of the statement / information revealed by me/us is found incorrect, my/our
tender is liable to be cancelled and in such case the Earnest Money Deposit paid by me/us is liable to be
forfeited by IIDL and IIDL is at liberty to annul the offer made to me/us at any point of time.
4.
The applicant or its representative should sign each page of the form. Any
corrections/alterations should be duly authenticated.
5..
I/We also agree that after my/our offer given in my/our tender for purchase of a property is
accepted by IIDL, if I/We fail to accept the terms and conditions of the offer letter or am/are not able to
complete the transaction within the time limit specified in the offer letter for any reason whatsoever and
/ or fail to fulfill any/all the terms and conditions of the tender and offer letter, the Earnest Money
Deposit paid by me/us along with the tender is liable to be forfeited by IIDL and that IIDL has also a
right to proceed against me / us for specific performance of the contract or otherwise.
Yours faithfully,
Signature of the tenderer
Authorised Signatory
(M/s._______________________________)
[Rubber stamp of the company/firm]
Enclosures
(i)
DD/Pay Order No.
Dated
Drawn on Bank
Payable at
Name of the tenderer
Address
Office
Residence
Contact details
Tel. Office
Mobile No.
Residence
e-mail id
* Any other particular relevant for the
purpose
(ii) A copy of the tender document duly signed
by the tenderer on every page
Documents pertaining to information given
in the tender