Schedule of the Tender Process for 5th Tranche of Auction
Auction of Schedule III Coal Mines for Production of Iron & Steel
S. No. Event Description Estimated Date & Time*
1 Registration and Publication of notice inviting T0 + 0 Monday, April 10, 2017 tender in one English and Hindi national newspaper. 2 Commencement of sale of Tender Document T0 + 0 Monday, April 10, 2017 at the website of MSTC. 3 Last date of receiving requests for Site Visit/ T0 + 14 1600 hours on Monday, April 24, 2017 Land Document Inspection. 4 Pre-bid meeting. T0 + 14 Monday, April 24, 2017 5 Last date of receiving queries from Bidders. T0 + 17 1600 hours on Thursday, April 27, 2017 6 Last date for responses to queries by the T0 + 28 Monday, May 08, 2017 Nominated Authority. 7 Last date for registration of Bidder at the T0 + 32 Friday, May 12, 2017 website of MSTC. 8 Last date for sale of Tender Document at the T0 + 35 Monday, May 15, 2017 website of MSTC. 9 Technical Bid Due Date. T0 + 39 1400 hours on Friday, May 19, 2017 10 Opening of the Technical Bid(s). T0 + 42 Monday, May 22, 2017 11 Start date for examination of the Technical T0 + 43 Tuesday, May 23, 2017 Bid(s). 12 End date for examination of the Technical T0 + 63 Monday, June 12, 2017 Bid(s). 13 Start of electronic auction (Financial Bid) for T0 + 64 Tuesday, June 13, 2017 the Qualified Bidders. 14 End of electronic auction (Financial Bid) for the T0 + 70 Monday, June 19, 2017 Qualified Bidders. 15 Recommendation by the Nominated Authority T0 + 72 Wednesday, June 21, 2017 to the Central Government for selection of Successful Bidder. 16 Intimation to the Successful Bidder (subject to T0 + 84 Monday, July 03, 2017 receipt of instruction from the Central Government). 17 Execution of the Agreement between the T0 + 86 Wednesday, July 05, 2017 Successful Bidder and Nominated Authority. 18 Last date for furnishing of Performance T0 + 116 1600 hours on Friday, August 04, 2017 Security and payment of Fixed and Upfront Amount by the Successful Bidder 19 Issuance of Vesting Order by Nominated T0 + 120 Tuesday, August 08, 2017 Authority * Any change in the timeline will be communicated through an addendum and/or corrigendum to the Tender Document.