Re-Inviting quotation for the disposal (Sale) of old, Unserviceable and Scrap items of the Institute in as is where is condition


The Institute proposes to dispose the old/unserviceable items of the institute in as is where is basis. The list of the materials to be disposed is enclosed with this. You are asked to quote your highest rate for the same and submit your quotation in a sealed envelope to the undersigned on or before 06.08.2015.

Terms & Conditions:

  1. The quotation must be submitted in a Sealed envelope and super scribed with “Quotation for the disposal of old, unserviceable and scrap items.”
  2. Open quotations will not accepted.
  3. Institute is not responsible for any delay in receipt of quotation beyond the scheduled date & time.
  4. The bidder must quote for all the items and in full quantity of each items listed for disposal. Part quotations will not be accepted.
  5. The materials will be sold on “AS IS WHERE IS & NO COMPLAINT BASIS.” It should be clearly understood that no Claims/Complaint about the quality/quantity/condition of the material will be entertained.
  6. The successful bidder must bear the cost for Lifting, Loading & Shifting of the materials.
  7. Payment – 100% payment for the material along with taxes (if any) should be made to the Institute once the bid is accepted.
  8. The successful bidder must bear the cost for Lifting, Loading & Shifting of the materials.
  9. The decision of the Director is final in this regard.

List of Materials to be Disposed (Sale) as Recommended by the Stock Verification Committee of RIESI in as is where is basis.