Punjab State Warehousing Corporation,Punjab announces Sale Of 80639 bags of Paddy & 9215 bags of Rice. In terms of orders passed by Sole Arbitrator to adjudicate the dispute between PSWC V/s M/s Raikot Agro Foods Pvt. Ltd., Raikot, District Ludhiana pertaining to crop year 2012-13 and M/s Punjab Rice Mill, Chabhal, District Tarn Taran pertaining to crop 2011-12, sealed tenders are invited for sale of paddy/rice/broken rice lying in the mill premises. The sale is being undertaken at the risk and cost of the miller by the Corporation. The authorized representative of the concerned miller may also associate in the tender proceedings. Interested parties may inspect the stocks lying in the mill premises of said rice
mills on any working day. Prescribed tender form alongwith the terms and conditions can be obtained from the office of the undersigned on payment of Rs.500/- on or before 03.07.2014 up to 11.00 A.M. The tenders can also be downloaded from the website www.pswc.in Where forms have been downloaded from the Website, tenderer shall enclose alongwith the bid, a separate DD for Rs.500/- as applicable towards the cost of tender documents in a separate sealed envelope superscribed “Through Website”, failing which, the tender would be rejected. Tenders shall be received up to 12.30 PM and opened at 3.00 PM on 03.07.2014 in the Committee Room of Corporation at the above mentioned address in the presence of tenders whosoever wishes to be present. Earnest money @ Rs.300/- (per MT for paddy) and @ Rs.1000/- (per MT for rice/broken rice) in shape of Demand Draft in favour of “Punjab State Warehousing Corporation”, payable at Chandigarh must accompany each tender. Incomplete tenders and those without earnest money or conditional tenders are liable to be rejected. In case, date of receiving/opening of tenders happens to be holiday, the tenders will be received and opened on next working day at the same time and venue. The Managing Director reserves the right to reject any or all tender(s) without assigning any reason thereof.