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The unserviceable furniture/articles shall be put to Public Auction on 28.03.2017 at 12.30 p.m. in college campus

 
POST GRADUATE GOVT. COLLEGE FOR GIRLS, SECTOR 11, CHANDIGARH
PUBLIC AUCTION NOTICE

The unserviceable furniture/articles shall be put to Public Auction on 28.03.2017 at 12.30 p.m. in college campus. The articles may be inspected in the college campus on 27.03.2017 between 10.00 a.m. to 02.00 p.m. The unserviceable furniture/articles would be auctioned on “as and where is” basis. The articles would be sold to the highest bidder(s) who will be required to pay in cash the earnest money equal to 25% of the total bid money on the spot. The goods will be handed over to the successful bidder after receiving the balance payment in the form of bank draft in favour of Principal, P.G. Govt. College for Girls, Sec-11, Chandigarh upto 29.03.2017 by 1:00 PM. In case the successful bidder does not deposit the balance amount and lift the articles upto 29.03.2017, the earnest money will be forfeited. Every bidder is required to deposit refundable Bid Security of Rs.10,000/-(Rs. Ten Thousand Only) in cash or in the form of bank draft in favour of Principal, P.G. Govt. College for Girls, Sec-11, Chandigarh before 11.00 a.m. on 28.03.2017 in the college office, which would be adjusted in the bid money of the successful bidder.

The Auction Committee reserves the right to accept or reject any bid or withheld auction without assigning any reason thereof.
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