Toyota Qualis of PGSC Model 2001  is to be disposed off by PGSC on ‘as is where is basis’. Sealed quotations are invited from intended buyers along with EMD of Rs. 10,000/- by Cash/DD/RTGS in favour of Pushpa Gujral Science City, so as to reach, PGSC, Kapurthala by 29.09.2021 (upto 11.00 AM). These shall be opened on the same day at 11.30 AM. The minimum reserve price for sale of the vehicle is Rs. Eighty Five thousand seven hundred and six only (Rs. 85,706/-only) .  The vehicle can be inspected on all working days during 11.00 AM to 4.00 PM. Director General, PGSC reserves the right to accept or reject any or all the quotations without assigning any reason. Interested individuals/firms/companies may submit sealed quotation in the enclosed Performa.

Terms and conditions:

• The said vehicle shall be sold to the highest bidder. However, quotation below the reserved price will not be entertained and liable to be rejected.
• The Earnest Money Deposit of the successful bidder shall be adjusted in the bid forthwith.
• The EMD of unsuccessful bidders shall be returned without any interest. 
• The purchaser will be responsible for future legal matters whatsoever, pertaining to the vehicle after taking delivery.

• The bidders will not be allowed to withdraw their bids, under any circumstances, otherwise the Earnest money will be forfeited. 
• Quotations should preferably be sent by hand or registered post or speed post as Courier service providers do not deliver letters/documents at Pushpa Gujral Science City, Kapurthala .
• If two or more bidders quote the same price, PGSC reserves the right to seek revised offer from the same bidders present on the spot and sell the vehicle to successful bidder as per revised H1 bid.  
• The successful bidder will have to deposit 30 % of highest bid value on the spot.
• RTGS detail of PGSC for transferring payment are as below :

Bank Name: Indian Bank

Account No.- 20850898685

IFSC no – IDIB000K591

Branch Name : Aman Nagar, Kapurthala