MTF of Wheat - 5

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भारतीय खाध निगम

क्षेत्रिय कायाालय,
अहमदाबाद
पता:- हहमाली टावर के पास, श्यामल क्रोस रोड,
सेटेलाईट, अहमदाबाद- 380015
फोि िं.:- 079-26733012, 26731725
ई-मेल: - [email protected]

No. S&S/OMSS(D)/Guj./Wheat/August-19/12 Dated: 16.08.2019

Food Corporation of India invites bids from empanelled traders/ bulk


consumers for sale of Wheat under OMSS(D) lying at various Depots under
FCI Regional Office Ahmedabad through e- Auction.

The intending empanelled traders/ bulk consumers of Wheat may participate in


the e-auction conducted by mjunction on behalf of FCI on the website
www.valuejunction.in/fci in as per the following schedule:

(a) Date & time of start of e-auction: 21.08.2019 11.00 AM

(b) Date & time of close of e-auction: 21.08.2019 2.00 PM

Detailed instructions to bidders and terms &conditions governing the e- auction


may be seen at www.valuejunction.in/fci, www.fci.gov.in

Food Corporation of India reserves the right to reject any or all bid(s) or cancel
or withdraw any lot or quantity of stocks and/ or scrap the sale of Wheat
through e-Auction at any stage without assigning any reasons and without any
liability.

(Sd.)

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Sale of Wheat to the empanelled traders/ bulk consumers of Wheat under
OMSS (D) lying at various Depots under FCI Regional Office Ahmedabad
through E- Auction (Auction No.12, dated 21.08.2019)

On behalf of the Food Corporation of India, General Manager Gujarat,


invites bid(s) through mjunction for sale of wheat lying at FCI/State Agencies
Depots, the details of depot-wise quantity offered is indicated in Appendix-I, in
FCI Gujarat Region on as is where is basis only from bulk consumers/ traders
of wheat already empanelled by FCI/ mjunction prior to the date of invitation of
bid(s) for E-Auction. The terms and conditions governing the sale and the
instructions to be followed for submitting the bid are set out below: -

Instruction to Bidders and Terms & Conditions governing e- auction

1. DEFINITIONS:

i) The term ‘Trader/Bulk Consumer’ shall mean bulk consumers/traders of


Wheat.
ii) The term ‘E-Auction’ shall mean auction of food grains through the e
auction platform of the service provider M/s mjunction.
iii) The term ‘Corporation’, “Food Corporation” and “FCI” wherever occurs
shall mean the Food Corporation of India established under the Food
Corporations Act.1964.
iv) mjunction, shall mean mjunction service provider which has been
appointed by FCI for conducting E-Auction on its behalf.
v) The term “General Manager” shall mean the General Manager of Food
Corporation of India under whose administrative jurisdiction, the Food
Corporation Depots/ Godowns to which the contract relates fall. The
term “General Manager” shall also include the Deputy General Manager,
Area Manager and any other officer authorized for the time being to
execute contracts on behalf of the Food Corporation of India.
vi) The terms ‘buyer/ intending buyer/bidder’ shall mean and include the
person or persons, firm or company with whom the contract has been
entered into including their heirs, executors, administrators, successors
and their permitted assignees as the case may be.
vii) The term ‘foodgrains’ shall mean and include Wheat stocks conforming
to prescribed quality parameters of ‘issuable foodgrains’ and fit for
human consumption.
viii) The term “deposit through electronic mode” means the transfer of
amount through NEFT/RTGS/any other electronic mode from the
bidder’s bank account to the designated bank account of FCI.
ix) Validity period of bids under e-auction shall mean seven working days
from the date of Auction.

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2. Only those bidders who are empanelled with FCI and already registered
with mjunction before the day of issue of this Notice of e- auction on
mjunction /FCI website are permitted to participate in the e-auction. The
requirements of empanelment are to be read and construed as part and
parcel of this document and binding on the bidders. The empanelment of
interested bidders is an on going and continuous process and those
bidders who are interested to get themselves empanelled may contact
help desk provided by mjunction on Toll Free No.18001027136

3. The details of bidding and process of E-auction is available on the link


www.valuejunction.in/fci, which may be read and construed as part of
these Terms & Conditions. Bidders are advised to acquaint themselves
with the bidding procedure before bidding. Bidder may also contact
helpdesk provided by mjunction on toll free no.18001027136

4. INSPECTION OF STOCKS: The stocks may be inspected by the


intending bidder(s) on the production of empanelment letter at the
godown(s)/ depot (s) from where the stocks have been offered (as per
Appendix - I) during working hours on any working day of FCI prior to the
day of E-Auction.

5. EARNEST MONEY DEPOSIT (EMD):

Bidder has to electronically deposit EMD calculated @ 10% of the cost


of stocks intended to be purchased at the reserve price of Wheat As per
Appendix-I . The EMD has to be credited through electronic mode in the
designated FCI Bank Account No. 33615833850 IFS Code:
SBIN0001948
(i) One day prior to the start of E-auction in single installment only. It is the
responsibility of the bidder to ensure that such payment is credited to
FCI account within the scheduled time.

(ii) If EMD is not credited in the designated bank account of FCI one day
prior to the start of E-auction or Bids is submitted without/ with
insufficient EMD if shall be summarily rejected and bidder shall not be
allowed to participate in the bidding process.

(iii) EMD furnished by the bidder shall be forfeited, if the bidder withdraws
his offer or modifies the terms & conditions thereof or does not keep his
offer open for acceptance during the validity period or resiles from the
offer or fails or neglects to observe/perform any of the obligations under
the contract or violates any of the terms of contract subject to clause10
A (iii) and 10 A(vi).

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(iv) The EMD of all unsuccessful tenderers shall be refunded within three
working days from the date of issuance of acceptance letter to the
successful bidder. However, no interest shall be payable for delay in
refund of EMD, in any case.

6. SIGNING OF BID DOCUMENT: During participation in the bidding


process, bidder has to electronically accept the terms and conditions of
E-Auction for sale of Wheat under OMSS(D) for bulk consumers/traders.
Participation in the e auction signifies the express consent of the bidder
to his acceptance of all terms & conditions of the e auction.

7. SUBMISSION OF BID(S):
(i) The bidder(s) shall participate in the e- auction separately for each
Depot. The bidder shall quote the rate per quintal at or above the
reserve price of Wheat shown at Appendix-I on e- auction platform as
depicted at Appendix-II. Applicable taxes will be levied extra. Each bid
by bulk consumer/trader shall be for a minimum quantity of 50 MT
and total quoted quantity for all Depot(s) put together in an e-
auction shall not exceed 5000 MT.
(ii) Once submitted, the bids can be modified only upward in terms of either
rate [in multiple of Rs. 5/- (Rs. Five)] or quantity (in multiple of 50 MT) or
both. All bid(s) shall be irrevocable. The bidders are not permitted to
withdraw the bids. Bidders shall keep their offers open for acceptance
for seven working days from the date of e auction, failing which the EMD
furnished by the bidders is liable to be forfeited.

8. ACCEPTANCE OF BIDS:
For acceptance of Bids, each depot shall be treated as a separate unit.
Bid(s) will be accepted on the principle of Price, Time and Quantity. For
each depot, first the quantity as quoted by H-1 will be approved at H-1
rates. Then the quantity as quoted by H-2 will be approved at H-2 rates.
This process will continue till the depot wise quantity offered is
exhausted. In case of similar rate being quoted by multiple tenderers at
any stage i.e. H1, H2…etc, the available quantity (if less than the total
bid quantity) shall be accepted on “first quoted first allotted basis” i.e. the
bidder who has quoted the rate first will be allotted the bid quantity
subject to availability of stocks for allocation. In case of similar rate being
quoted by multiple tenderers at the same time, the bidder who has
quoted for the higher quantity shall be allotted the bid quantity subject to
availability of stocks for allocation.

09. Communication of Acceptance.


The contract, if any, which may eventuate from the E-Auction, shall be
governed by the conditions as mentioned in the terms and condition(s)
for E-Auction, its Appendices and Annexures, Notice Inviting Bid and
Acceptance Letter.

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After the close of the e–auction, Acceptance letters will be
communicated to the successful bidders by e-mail in the e-mail ID
provided by the bidder at the time of empanelment and the same can
also be viewed by logging into the system at www.valuejunction.in/fci
The acceptance of the Bid by the General Manager or an officer
authorized by him on his behalf shall constitute the contract between the
bidder and the Food Corporation of India and no separate Agreement is
required to be executed after the issue of the Acceptance Letter.

10. PAYMENT OF COST & DELIVERY SCHEDULE:


A.i) Price of wheat shall be payable on the net weight basis. All taxes, levies,
fees, charges etc. of any nature whatsoever leviable by any authority in
respect of the sale of wheat through e auction shall be payable by the
buyer in addition to the sale price of Wheat.
ii) The EMD furnished by the successful bidders shall be adjusted towards
the cost of stocks and applicable taxes. The successful bidder(s) shall
deposit remaining cost of the stocks along with applicable taxes within
seven (7) working days from the next date of issue of the acceptance
letter in FCI Bank Account No. 33615833850 IFS Code:
SBIN0001948 through electronic mode.
In case, the allotted quantity is equal to or more than 2000 MT, on the
request of buyer, FCI may allow extension in period of deposit of cost of
stocks and applicable taxes for a maximum period of another 7 working
days. However, Penal interest of 2% over and above the Bank rate at
which the FCI is borrowing would be charged upto date of deposit of
cost beyond free period of 7 working days. The total cost in respect of
the entire stocks allotted from various depots against e-auction No.12
dated 21.08.2019 shall be deposited by the buyer in maximum two
installments within the above prescribed period.

Release order can be downloaded by the bidder only after deposition of


full cost along with applicable taxes and no part Release Order shall be
issued. For the purpose of deposition of cost of stocks/lifting of stocks,
the day of communication of acceptance shall not be counted.
iii) In case the successful bidder fails to deposit the balance cost along with
applicable taxes & levies within the stipulated time, his bid is liable to be
cancelled and the EMD furnished will be forfeited. No extension of time
will be granted for deposit of Cost at any circumstance.

The reserve price of wheat is subject to upward revision every


quarter. If the lifting takes place in the subsequent quarter then the
differential amount @ Rs.55/- per Quintal (i.e. difference in the
reserve price of the quarter of allotment and the quarter of lifting)
plus taxes/levies/fee/charges etc. shall be defrayed by the bidder
(s) for the unlifted quantities notwithstanding the price quoted by
the bidder and lifting period failing which an amount equivalent to
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value of the unlifted quantity or amount equivalent to EMD,
whichever is lower, shall be recovered/ forfeited and the balance
amount if any shall be refunded to the bidder.

iv) The buyer shall complete the lifting within free period of fourteen (14)
working days from the next date of communication of acceptance by
FCI.
v) After Fourteen (14) working days, on the request of buyer, Area
Manager, FCI may allow the extension for a maximum period of another
*Fourteen (14) working days for lifting the stocks from FCI godowns on
payment of storage charges in case the allotted quantity is less than
2000 MT.
In case, the allotted quantity is equal to or more than 2000 MT, on the
Request of buyer, Area Manager, FCI may allow the extension for a
maximum period of another Twenty one (21) working days for lifting the
stock from FCI godowns on payment of storage charges.

The lifting of stocks in the extended period beyond free period of


fourteen (14) working days shall be on payment of storage charges at
the rate of 50 paise per qtl. per day subject to total minimum of
Rs.2000/-.The storage charges shall be recovered in respect of the
unlifted quantity of stocks during the extended period(actual period for
which the stocks remain in the godown). After expiry of twenty
eight(28)/thirty five(35) working days, as the case may be, no further
extension will be granted and an amount equivalent to value of the
unlifted quantity or amount equivalent to EMD, whichever is lower, shall
be recovered/forfeited and the balance amount if any, to be refunded to
the bidder.
vi) In case, FCI is unable to provide the full/part quantity from a depot
approved in the tender due to non- availability of stock or operational
constraints of FCI, the shortfall in the quantity may be offered by the
concerned Area Manager from other depot(s) on the request of the
buyer without any additional cost to FCI, subject to availability.
vii) FCI will not be responsible for delayed receipt of payment of EMD / Cost
due to failure of third parties like banks etc.

viii) If the successful bidder is unable to lift the allotted stocks within the
stipulated period of lifting because of operational difficulties of FCI or
reasons beyond human control (Force Majeure) the concerned General
Manager, Region, FCI may consider to refund the balance amount
equivalent to the unlifted stocks of Wheat based on merit of each case,
provided Force Majeure event is notified by the tenderer to FCI in writing
within seven (7) days of occurrence of such event. A speaking order has
to be passed by General Manager, Region elaborating the operational
difficulties of FCI and action taken if such difficulties are caused due to
negligence. Under no circumstances, stocks shall be delivered to any
successful bidder after the expiry of the stipulated delivery period.
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(B) The food grains will be sold on “as is where is basis”.

(C) The Food Corporation of India reserves the right to withdraw from the
sale any quantity included in the E-Auction prior to the acceptance of
offer(s).

(D) The buyer shall make his own arrangement for transport and will not be
entitled to claim any facility or assistance for transportation from the
Food Corporation of India. However, the stocks shall be loaded in the
trucks of the successful bidder at the cost of FCI.

(E) In case the successful bidder wishes to take delivery of the stocks,
through a representative, he (buyer) must authorize such representative
through a Letter of Authority in prescribed format (Appendix- III) which
shall be presented to the Depot in-charge of concerned Depot. Depot in-
charge after verifying the bonafides of the authorized
representative/Letter of Authority shall issue the stocks to Authorized
representative. However, such Delivery shall be at buyer’s sole
responsibility and risk and no claim whatsoever, shall lie against the
Food Corporation of India on any account, if delivery is affected to a
wrong person.

(F) The FCI shall deliver stocks on 100% weighment basis. The weighment
Slip shall be prepared in triplicate and signed by the buyer/his
representative in token of acceptance of quantity & quality.

(G) Delivery shall be given only during working hours on all FCI working
days on presentation of the copy of the Release Order digitally signed
by FCI and mjunction, by the buyer/his representative to the Depot
Incharge,.

(H) The Food Corporation of India does not guarantee to make available any
definite quantity to the bidder.

(I) The Food Corporation of India reserves the right to accept or reject the
bid(s), without assigning any reason.
(J) The bidders shall make their arrangements for obtaining permits, if any
required from the State Government /any other authority.

(K) The wheat so purchased from FCI under OMSS through e auction will
be utilized domestically and shall not be exported by the bidder. If the
bidder violates any of the terms and conditions of the empanelment or
found to be furnishing any wrong/false information at any stage, then in
addition to forfeiture of EMD, bidder will be debarred from participating in
future tenders floated by FCI for disposal of foodgrains and coarse
grains for a period of one year.
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11. CORRUPT PRACTICES:
If any bribe, commission, advantages offered or promised by or on
behalf of the tenderers to any officer/ employee/ servant of the
Corporation and mjunction, then such bidder(s) shall be debarred from
the E-Auction in addition to initiating criminal action. Canvassing in any
form on the part of the bidder on or his behalf will also make his tender
liable for rejection.

12. INDEMNITY:
The bidder shall defend, indemnify and hold FCI and their respective
officers, directors, agents, and employees, harmless during and after the
E-Auction against any and all liabilities, damages, claims, fines,
penalties, actions, procedures and expenses of any nature arising out of,
resulting from any violation of any laws by the bidder any way connected
with the acts, negligence, breach, failure to perform obligations relating
to the bidder.

13. COMPLIANCE OF LAWS: Both FCI and Bidder shall comply and abide
by all applicable laws including without limitation all applicable Rules
made thereunder.
14. LIMITATION OF LIABILITY: In no event shall FCI be liable for any
direct or indirect or consequential damages of any kind suffered by the
bidders or their agents or beneficiaries, in connection with the sale of
food grains through e auction and/or use of e auction platform of the
service provider.

15. GOVERNING LAW & DISPUTES RESOLUTION:

The grievances of the affected bidders and general public will be


decided by GM(Region) FCI in a time bound manner and if Bidder(s) is
not satisfied/ still aggrieved with the decision of GM(Region), an appeal
lies to concerned ED(Zone) FCI. Any unresolved disputes between the
bidder(s) to the contract will be settled in the Court of Law of competent
jurisdiction at Gujarat.

The contract shall be governed and interpreted in accordance with the


Laws of India in force.

AGM(Comml.)
For and on behalf of Food Corporation of India
General Manager, Gujarat

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Appendix – I

Details of depot-wise quantity of Wheat offered to empanelled traders/ bulk


consumers of Wheat under OMSS (D) lying at various Depots under FCI
Regional Office ,Ahmedabad through e- Auction (Auction No.12 dated
21.08.2019) for e-auction.

Reserve price
Sr.No. Name of Depot Crop Year Quantity including Railway
Offered freight + Road
(in MT) transportation
charges(Rs./Qtl.)

1. CWC Gandhidham 2017-18 2500 2312

2. CWC Shahalam 2017-18 3500 2298

3. CWC Nadiad 2019-20 (URS) 300 2298

4. CWC Vadod 2019-20 (URS) 500 2301

5. FSD Bharuch 2019-20 (URS) 200 2314

6. FSD Ghanteshwar 2017-18 500 2315

TOTAL 7500

Remarks:-1. It is pointed out that successful bidders shall pay


Market Fees in Addition to food grain cost as per
the bidding price. No GST Applicable.

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APPENDIX II

Format of rates to be quoted in the e-auction platform

Go to www.valuejunction.in/fci and enter your login credentials (login


name and password)

LIVE AUCTIONS → MTF list visible → Agree to MTF terms and


conditions (Click checkbox and then “I Agree”)

Click on “View Auction Floor”

FCI region MTF reference List of MTFs


visible here number visible here

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Details of depots under the MTF (Auction timing, Auction quantity,
Reserve Price) visible

Time left for Quote quantity in Quote bid price in


completion of Metric tonnes (MT) Rs./Quintal
e-auction

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APPENDIX - III

ON NON JUDICIAL STAMP PAPER OF Rs. 100

LETTER OF AUTHORITY

I/WE……………………………….S/O……………………………
PROPRIETOR/PARTNER/DIRECTOR OF
M/S……………………………………………., ADDRESS, DO HEREBY
AUTHORISE SHRI……………………………S/O……………………………FOR
TAKING DELIVERY OF THE STOCKS ON MY/OUR BEHALF ALLOTTED TO
ME/US IN THE E AUCTION DATED …………. RELEASED BY FOOD
CORPORATION OF INDIA, REGIONAL OFFICE,
________________________ vide release order No. …. Dated ….
SIGNATURE OF THE AUTHORISED REPRESENTATIVE

IS ATTESTED AS UNDER.

SIGNATURE OF AUTHORISED REPRESENTATIVE

WE ARE BOUND BY THE ACTS OF OUR AUTHORISED


REPRESENTATIVES AND CONFIRM AND RATIFY THE ACTIONS AND
DEEDS OF THE SAID AUTHORISED REPRESENTATIVE AND UNDERTAKE
AND DECLARE THAT THE STOCKS DELIVERED TO THE AUTHORISED
REPRESENTATIVE IS COMPLETE AND CONCLUSIVE DISCHARGE OF FCI
FROM ITS CONTRACTUAL OBLIGATIONS.

(PROPRIETOR/PARTNER/DIRECTOR)

( ATTESTED BY NOTORY PUBLIC WITH NOTORY STAMP & SEAL)

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Bank Details of FCI RO Ahmedabad

OMSS CC Account

Payment in Favour of: General Manager, FCI, RO, Ahmedabad

A/c No: 33615833850


Branch Code: 001948

Branch Address: SBI Someshwar Complex Branch


1st Floor, Sath Sangath Building, Nr Shivranjani
Cross Road,132 Ft Ring Road,
Satellite, Ahmedabad.

IFS Code: SBIN0001948


MICR Code: 380002066

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APPENDIX- IV
Instructions for Sale of Wheat through e-auction:

1. Wheat shall be sold through the process of e-auction to the


empanelled bulk consumers /traders.
2. The e-auction shall be a two stage process;

(i) Empanelment of bulk consumers/traders: Empanelment of


bulk consumers/traders shall be carried out by the Service Provider
appointed by FCI (mjunction Ltd. at present).

(ii) E-auction by the service provider on electronic platform.

3. GMs (Region) shall give wide publicity to the scheme by giving


advertisement and press releases in one National daily and one
Regional daily having wide circulation in State/UT besides hosting the
same on FCI website and Service provider website on
www.valuejunction.in/fci informing the prospective buyers about :-

(i) Open sale of wheat indicating the quantity intended to be


auctioned and reserve price for same.
(ii) Empanelment of buyers for bulk sale with Service
provider & issue of user id & password.
(iii) Dates for conducting e-auction in the month.

4. The Service Provider shall empanel the bulk


consumers/traders on the basis of following documents after due
verification. The process of empanelment is to be completed within
two days of receipt of the application along-with following
documents:

(i) Self - attested copy of the current GST Registration (only


in case the buyer is registered under GST)/ Trade Tax
Registration (if applicable in the state).

(ii) Self - attested copy of PAN issued by Income Tax


Department.

(iii) Self - attested copies of the latest Annual balance sheet


and profit & loss account duly audited by a Chartered
Accountant. In case of newly established firm or the
existing firms which have recently started to deal in the
business of wheat/rice (whichever is applicable), a

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Provisional Balance Sheet and Profit and Loss Account
for a Quarter/Half year accompanied by a limited review
by Auditor/ Chartered Accountant should be furnished.
The Balance Sheet/ Profit & Loss Account shall also
evidence that the firm is dealing in the business of
wheat/ rice (whichever is applicable), failing which the
firms shall submit copy of GST returns (only in case the
buyer is registered under GST)/ Annual Report by way of
additional documents, to evidence that the firm is
dealing in the business of wheat/ rice (whichever is
applicable).

(iv) An Undertaking on a stamp paper of Rs 100/- that the


wheat/rice (whichever is applicable) so purchased from
FCI under OMSS (D) will be utilized domestically and will
not be exported by the bidder.

The Service Provider will ensure that the documents relating


to empanelment of bulk consumers/traders are valid during the
currency of the auction including lifting period.

The State Governments/ Union Territory Administrations are,


however, permitted to participate in the e-auction, if they require
Wheat outside TPDS & OWS, without empanelment. State
Governments have to register for e-auction with NSPOT through FCI
Regional Office and obtain the user id and password for participation
in the bids.

5. The Service Provider will thereafter intimate the buyers about


their empanelment and advise them to deposit Rs. 1000/-(Rs. One
Thousands only) in its account for registration and issuance of user id
and password. Service provider will generate user id and password
within two days of receipt of requisite amount and communicate the
same to the empanelled buyers. Empanelled buyers may contact
Service Provider in Toll Free Number. 18001027136 for any query.
The Service Provider shall intimate the details of such parties
immediately to concerned Regional Office.

6. The empanelment shall be an ongoing process through


Service Provider. The Service Provider shall furnish copy of the
documents alongwith complete details of the fresh empanelled
parties such as name, address, contact/mobile/e-mail, TAN/VAT
details, bank details etc. to concerned Regional Office within two
days of empanelment.

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7. Only those parties, who are empanelled with FCI and
registered with Service Provider(mjunction) before the day of issue of
notice of e-auction on mjunction /FCI website shall be permitted to
participate in that e-auction. Newly empanelled buyers can however
participate in subsequent e-auction(s) after receiving user id and
password from Service Provider.

8. Parties empanelled in one State/UT can participate in the E-


Auction of other States/UTs.
9. Depot-wise bids would be invited by R.O, FCI. Tenders may be
invited from depots as decided by GM(Region)FCI. The quantity to be
tendered from the depots would be decided by GM(Region),FCI
within overall quantity decided by Government for each State/UT. In
case, FCI is unable to provide the full/part quantity from a depot
approved in the auction, due to non-availability of stock or
operational constraints of FCI, the shortfall in the quantity may be
offered by the concerned Area Manager from other depot(s) on the
request of the buyer without any additional cost to FCI.

While selecting the depots for offering Wheat under e-auction,


GMs(Region) shall follow the instructions contained in QC Division
Circular No. 01 of 2014 dated 13.03.2014 and other instructions in
vogue issued from time to time in relation to maintenance of FIFO
principle.

While offering stocks from various depots under OMSS(D),


GM(Region) may avoid depots incurring high demurrage.

10. Each bid by States/UT Government shall be for minimum


quantity of 50MT and total quoted quantity for all Depot(s) put
together in an e-auction shall not exceed 50,000MTs.

11. Depot-wise quantity offered and reserve price would be


provided to the service provider by the respective GMs (Region) to
enable the service provider to invite bids on specified day/date.
While conducting the e-auction, the service provider shall provide
Notice of e-auction by e-mail and SMS to all empanelled buyers three
days before conduct of each e-auction. The service provider shall also
forward a copy of the notice to the concerned GM (Region) of FCI to
facilitate its uploading on the FCI website and Copies of e-auction
notices may also be circulated by the service provider to known
associations of traders/bulk consumers of Wheat at the National,
State or UT level. Besides, the detailed Notice of e-auction shall be
made available in the website of the Service Provider.

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12. The Service Provider shall ensure that the prospective bidder
shall have to accept the terms & conditions governing the sale of
wheat under OMSS (D) at the time of participating online in every e-
auction, before their bids are processed.

13. GM (Region) FCI shall operate the already opened separate


Cash Credit account for the purpose of e-auction of wheat and
provide view right to the service provider. The Earnest Money
Deposit (EMD), as applicable shall be deposited by the bidders in the
said separate Cash Credit Account, except the State Governments/
Union Territory Administrations who have been allowed to participate
in the e-auction without submission of EMD. The EMD of unsuccessful
Bidders shall be refunded within three working days from the date of
finalization of auction or receipt of list of such bidders from the
service provider, through NEFT/RTGS. The EMD of successful bidders
will be adjusted against the cost of stocks.

14. The auction window shall be kept open from 11.00 A.M. to
2.00 P.M. on the day of auction. During the bidding process, the
participating Bidders shall be able to see the highest depot-wise
quoted rate only.

15. For acceptance of tender, each depot shall be treated as a


separate unit. After completion of e-auction, the service provider
shall prepare a list of bidders in descending order (from highest bid
to the lowest bid). Bid(s) will be accepted on the principle of price,
Time and Quantity. For each depot, first the quantity as quoted by
H-1 will be approved at H-1 rates. Then the quantity as quoted by H-
2 will be approved at H-2 rates. This process will continue till the
depot wise quantity offered is exhausted. In case of similar rate
being quoted by multiple tenderers at any stage the available
quantity (if less than the total bid quantity) shall be accepted on
“first quoted first allotted basis” i.e. the bidder who has quoted the
rate first will be allotted the bid quantity subject to availability of
stocks for allocation. In case of similar rate being quoted by multiple
tenderers at the same time, the bidder who has quoted for the higher
quantity shall be allotted the bid quantity subject to availability of
stocks for allocation.
At the end of the auction, the Service Provider shall furnish the
following details electronically to the concerned FCI Regional Office
by 3.00 P.M. on the same day:

(i) Depot wise list of successful bidders along-with details of the


bid.
(ii) Quantity indented and quantity accepted
(iii) Details of EMD etc.
(v) List of unsuccessful bidder alongwith the details of the EMD
deposited by them.

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16. GM (Region) will immediately verify the receipt of EMD of the
successful bidder in the system itself and only after authorization by
GM (Region), the Service Provider will communicate to the successful
bidders electronically on the same day and ask them to deposit the
balance cost of stock including taxes/levies, as applicable, directly
into the separate FCI Cash Credit Account.

17. After verifying collection of the sale proceeds including


Taxes/Levies, as applicable deposited by the successful bidder
directly in the separate Cash Credit Account, the Service Provider will
forward digitally signed release order to the concerned Area
Manager. Simultaneously the concerned FCI RO shall confirm
electronically the receipt of the sale proceeds to the concerned FCI
Area Manager. The digitally signed release order forwarded by the
Service provider will be checked and digitally signed by FCI Area
Office in the system itself. Finally, the release order duly digitally
signed by the service provider and authorized officer of concerned
Area Office with a minimum class-II level digital signature will be
generated by the successful Bidder, for taking delivery from specified
Depot of FCI.

18. For the purpose of deposition of cost of stocks/lifting of stocks,


the day of communication of acceptance shall not be counted.

19. The grievances of the affected bidder(s) and general public will
be decided by GM (Region) in a time bound manner and if bidder(s)
is/are not satisfied/ still aggrieved with the decision of GM (Region),
then appeal may be made to ED (Zone)s. Further, any unresolved
disputes between the parties to the contract will be settled in the
Court of Law of competent jurisdiction.

The contract shall be governed and interpreted in accordance with


the Laws of India in force. The Courts at Gujarat (State) shall have
exclusive jurisdiction to adjudicate the disputes arising out of the
contract.

20. A list of successful bidders along with details of quantity of


Wheat allotted and the accepted quotes would be hosted on the
website of service provider as well as that of FCI.

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