Auction Notice

Basic Details
Auction Notice No. RAXX20231278

Initiator The Punjab State Cooperative Milk Producers Federation Ltd

Auction Title Reverse Auction

Auction Date April 12, 2023, Wednesday

Product Category Cattle Feed Ingredients Bidding Rate FOR

Earnest Money Deposit (EMD) / Security Deposit (SD) / Transaction Charges (TC)
EMD Payable To NCDFI Escrow Account Invoice Payment Directly to Buyer

Security Deposit NA SD Payable To NA

Initiator EMD Amount NA Bidder EMD Amount 3.5% of total trade value

TC From Bidder TC in % 0.4% excluding GST

Auction Duration
Initial Duration of eAuction 15 Minutes

Bid Extension 3 Extensions of 5 minutes each

Critical Dates
Bid Validity April 15, 2023, Saturday 20:00

Auction Products
Auction Min Bidding Decremental
Location Qty Credit Period Delivery Period
Time Qty Unit Value in (₹)

Sodium Borate (Specification)

Payment will be made after 15
375 Delivery as Mentioned
15:00 Khanna NA Kg 0.01 days of Receipt and Inspection of
Kg in the Purchase Order.
material

Payment will be made after 15

Ghania Ke 150 Delivery as Mentioned
15:15 NA Kg 0.01 days of Receipt and Inspection of
Banger Kg in the Purchase Order.
material

Sodiumthio Sulphate (Specification)

Payment will be made after 15
750 Delivery as Mentioned
15:30 Khanna NA Kg 0.01 days of Receipt and Inspection of
Kg in the Purchase Order.
material

Payment will be made after 15

Ghania Ke 1,700 Delivery as Mentioned
15:45 NA Kg 0.01 days of Receipt and Inspection of
Banger Kg in the Purchase Order.
material

Chromium Propionate (Specification)

Payment will be made after 15
2,500 Delivery as Mentioned
16:00 Khanna NA Kg 0.01 days of Receipt and Inspection of
Kg in the Purchase Order.
material

Sodium Butyrate (Specification)

Payment will be made after 15
Ghania Ke 125 Delivery as Mentioned
16:30 NA Kg 0.01 days of Receipt and Inspection of
Banger Kg in the Purchase Order.
material
Additional Notes

Bidder has to deposit EMD (3.5% of total trade value) before participating in the auction.

• Contract period for three months

• Material is on FOD basics at Khanna and GKB plant
• Material may be deliver by party in two or three consignment as per order given by department time to time

Auction Documents
Terms & Conditions Terms & Conditions

Notes Notes

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