CIET sets ₹12 lakh reserve price for obsolete materials auction
The Central Institute of Educational Technology (CIET), a constituent unit of NCERT, is inviting online auction bids for the disposal of condemned, unserviceable, and obsolete materials from its various departments.
Bidders must have a GST number and PAN number for the firm or proprietor. They must submit an Earnest Money Deposit (EMD) of Rs. 1.00 lakh in the form of a Demand Draft (DD) or Bank Cheque (BC) in favor of the Joint Director, CIET, payable at New Delhi. Bidders must also submit scanned copies of their Income Tax Returns (ITR) for the last three financial years and a declaration that they have inspected the items. No specific minimum turnover or years of experience are stated in the document.
- Tender Type: Online Forward Auction via GeM portal
- EMD Amount: Rs. 1.00 lakh (Rs. 100,000)
- Reserve Price: Rs. 12.00 lakh (Rs. 1,200,000) for all items consolidated
- Bid Submission Deadline: As per GeM schedule (specific date not stated in text)
- Inspection Period: 01.05.2024 to 27.05.2024, 10:00 am to 4:00 pm on working days
- Payment Deadline: Within 05 days of award letter
- Removal Deadline: Within 03 days of possession
Written from the document by AI, and checked against it. The original below is authoritative.
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Document details
| Official title | Inviting online auction bids for disposal of the condemned/unserviceable/obsolete materials pertaining to the different departments/sections of CIET, NCERT |
| Source body | National Council of Educational Research & Training (NCERT) |
| Reference number | — |
| Status | closed (archive) |
| Year | 2024 |
| Closing date | — |
| Documents | 1 |