Auction ie Collection of Royalty on Surface Minerals viz (Aggregate Stone, Reti /Bajri, Gravel, Ordinary Stone, Ordinary Lime Stone, Mouram, and Silica Sand.

Request For Proposals

General Information
Country:   Pakistan
City/Locality:   Karachi
Notice/Contract Number:   ept:4060968
Publication Date:   Nov 3, 2009
Deadline:   Nov 12, 2009
Buyer:   Mines And Mineral Development Department
Original Language:   English

Contact Information
Address:   Mines And Mineral Development Department
ST-19/1, Block-6, Gulshan-e-lqbal, Main University Road
Karachi  
Pakistan

Goods, Works and Services

 

Original Text

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Opening date of tender: 11/12/2009 00:00

Note: Auction ie Collection of Royalty on Surface Minerals viz (Aggregate Stone, Reti /Bajri, Gravel, Ordinary Stone, Ordinary Lime Stone, Mouram, and Silica Sand
Reserve Price: 25795000
E/Money: 1289750/-

Open auction i.e. collection of royalty on Surface Minerals viz (Aggregate Stone, Reti / Bajri, Gravel, Ordinary Stone, Ordinary Sand, Lime Stone, Mouram, Marble & Silica Sand) will be held according to the following schedule: The auction will be conducted in the office of Director General, Mines and Mineral Development, situated at ST-19/1, Block-6, Gulshan-e-lqbal, Main University Road, Karachi. Each participant will be required to submit the following documents upto 10.11.2009 to the Director General, Mines and Mineral Development Office, Karachi. Thereafter no application would be entertained. i) Pay Order/Demand Draft as Earnest Money in favour of Director General, Mines and Mineral Development at the rate of 5% of the reserved price, except royalty. ii) Attested copy of computerized National Identity Card (NIC). iii) In case of limited companies and partnership firm, copy of partnership deed (authenticated by the Competent Authority according to the relevant law.) iv) Solvency Certificate to the extent of reserve price on the prescribed proforma from concerned Mukhtiarkar of the District where the property is situated. The Solvency Certificate shall be got renewed by the successful contractor from time to time upto the date of expiry of the contract period. v) Income Tax Certificate of last three years of the bidder. vi) Bank Statement for the last two years.
The successful bidder will be required to make the following payments in advance. i) 5% of the contract amount as security deposit. ii) 10% of the contract amount in advance.
Payment of the contract amount would be in six (06) equal monthly installments by 7th of each month beginning from the first month of the contract to the ending month of contract.
The successful bidder will have to deposit stamp duty of Rs. 30 per hundred upto the contract value and submit judicial stamp paper for execution of agreement.
The collection of royalty rights will be awarded from the date of taking over possession to 30.06.2010. However, proportionate reduction will be allowed from 01.07.2009 to the date of taking over possession of royalty collection rights.
The royalty should be collected on the prescribed rates fixed by the Government. In case found over charging beyond the prescribed rates, the contract would automatically be cancelled. The royalty excessively charged would be deposited into the relevant head of account of this Directorate. The losses, if any, sustained by the Government due to re-auction of royalty collection rights shall be recoverable from the defaulting contractor.
The contractor appointed will install check posts in such a way that free movement of goods is not affected. However, Government Organizations / Cement Factories will continue to make payment of royalty to the Government directly from the Minerals excavated / quarried by them from their leased areas.
The contract amount shall proportionately be increased in case rate of royalty on the Minerals is increased by the Government of Sindh.
That Government organization / cement factories will continue to make the payments of royalty to the Government of Sindh directly for Surface Minerals excavated / quarried / mined by them from their quarries / leased areas.
Terms and conditions of the above auction can be purchased from the office of the Director General, Mines and Mineral Development, on payment of Rs. 500/- (Rupees Five Hundred Only).
The Government reserves the right to accept or reject any or all the offers / bids without assigning any reason thereof.
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