Oil & Gas Development Company Limited Islamabad Public Auction Notice

PUBLIC AUCTION NOTICE : Ogdcl Oil & Gas Development Company Limited Auction of Unserviceable Materials will be held at following locations On "as is Where 3 is" basis as per following schedule. § S.# Location Description of Lots Date & Time of Auction st 4 1. r 1 g m Chalmaurang Field, Butt Chakwal, Punjab Unserviceable Vehicles i.e. Semi Tan Trader, Tatra Water Bouzer, Iota Truck, Tatra Plafform Truck, Tatra Cranes (28 Ton), CKD Truck Mounted Crane (20 Ton), Toyota Double Cabins, Tatra Oil Tankers, Bedford Bus, Electrical Items, Tyres, Casing Protectors, Empty Drurns, Batteries, Misc Scrap, Misc Auto Spares, Drill Pipes, cutter Pipe Pieces, Inventory Camp Kit Crockery !terns, Empty Jumbo Bags/old Record, Misc Asset Items, Electronic(Communication Items, Tanks 8 Caravans, Generator Machinery 8 Equipment. 10-03-2014, 1000 hrs .1 2. a 1 Bohr OR Field, Distt Sanghar, Sindh Empty Drums, Iron Scrap, Rock Bits, Protectors, Used Batteries, Tyres. Gate Valves and Ball Valves, Misc Electrical Items, Empty Chemical Bags, Misc Sanitory Items. 17-03-2014, 1000 hrs 3. E Kunnar Plant, Distt Hyderabad, Sindh Empty Drums, Misc Unserviceable AM° Spares, Misc Inventory Items, Misc Scrap 18-03-2014, 1000 hrs 1 4. t Tandoalm Oil Field, n. Hyderabad, Sindh, unserviceable Tyres. Used Batteries, Mattress, Moo Iron Scrap, Auto Spares, Plastic Chairs etc. 19-03-2014, 1000 hrs 1 TERMS & CONDITIONS E 8. t , INSPEgn.. .. Hal can be Inspected 05 Days before the auction date behveen OB00 to 1400 hrs with ratnfimeation/permission of the location in charge. l' 5 2. 5 TIME Auction will start on schedule date and time mentioned above and will continue during the day light hrs. Where not completed, auction will continue on next day till completion during the day light hrs. E , , niniurirr 1-....... 25, on fall of hammer, remaining 759, plus 17, GST (18, for unregistered firms), and Advance Tax at the rate of 109, of the Gross Sale Price (Total Bid Amount + GST) "d applicable" within 07 working days from the date of auction in the shape of Demand DrafVPay Order in favor of IWs Oil 8, Gas Development Company Ltd. From any scheduled hank. l': , 4 ", ' DELIVERY/ REMOVAL Lots sold will have to he lifted by the successful bidder at their own expense within 15 (fifteen) days from the date of full payment 15 (fifteen) extra days may be allowed on payment of 02% of the hid amount as Warehouse charges after that Bid rnoney will be confiscated and nothing wine delivered. E 8. , 5. 1. If the high. bidder fails to deposit the full amount within 07 (Seven) working days, 25, earn. money will be forfeited'contiscMed in favor of OGDCL .hout any further notice. Moreover, if the bidder fails to lift the material within 37 days, the material and the payment .1Ibe confiscated by OGDCL 3 CHM E • OGDCL employees directly or indirectly are not allowed participating in the auction. 8 _.: • All participants must bring their original NADRA National ID Cards with them. Na person will 1., be allowed to enter the Store premises without the NADRA ID Card. o • OGDCL reserves the right to accept or reject any or all of the bids or to annul the entire bidding 3 process at any stage without incurring any liability to the affected bidders or any obligation o there under. However, OGDCL shall upon request communicate to any bidder(s) who submitted a bid, the grounds for its rejection but is not required to justify these grounds. g je.Nrc General Manager (Materials Management), t., .7,:i -0451 OIL & GAS DEVELOPMENT COMPANY LIMITED (OGDCL) -- 4. 1 !!" ,2.,. z OGDCL House, Jinnah Avenue, Blue Area. Islamabad. Pakistan } . Phone: 051-920023731 Fax: 051-9244318 Er g k, co.  Geared to Grox I,