Auction Tender for Selling /ОТ/
Auction Tender for Selling of Mini-roller Equipment
The related documents/ forms are attached on following download.
Equipment description for the Auction
Bomag BW100ADM-5 small compactor roller, 2012, yellow, equipment number CP-009 (see attachment “Хавсралт 1”)
Address of location
Available to visit between 14-23 of August, 2019 from 10AM to 5PM by following address:
Oyu Tolgoi LLC, Mining site,
Khanbogd soum, Umnugovi aimag, Mongolia
Please contact and get permission before visiting to the site: 99077248, 99904607
Participation to the Auction tender
The price proposal will accepted in between 22-29 of August, 2019. Please fill out the form in the Attachment 2 before 5 pm of 29th August, 2019 and send to the RFxBox@ot.mn with subject name “WS1883416862 Auction of selling of Mini roller equipment”.
- • Auction tender will be closed at 5 pm 29th of August, 2019.
- • Bid opening will happen in the last day of auction, in August 29, 2019, after 5PM, and the participant with highest bid will be identified.
- • The price given the auction bidding list will be understood as price without VAT.
- • Need to attach special permission of lifting mechanism (copy)
Auction winner, contacting the winner
The participant who offered highest bid will be announced as auction winner and he/she needs to transfer the price for the asset to OT KHAAN bank account 5601001018 within three working days. The auction winner becomes eligible for the asset when offered price and allocated VAT is transferred to the bank account within the timeframe stated in the auction ad. In the case of not paying, the bid is cancelled and the next participant will be eligible for buying the asset.
- • The price offer submitted after auction deadline will not be accepted.
- • First auction price does not include VAT, therefore buyer has to pay VAT in addition to offered price.
- • The owner of the asset who is conducting an auction has a right to extend the auction timeline, withdraw an action ad, or refuse to accept the price which is lower than the value of asset.
- • The assets that put under auction have certain level of depreciation, therefore the bidder needs to check the assets beforehand before making decision to participate in the auction. Also the bidder needs to make sure to prepare for the payment within the specified timeframe.
- • Auction participant needs to participate in the auction after acknowledging and accepting the terms including payment conditions.
- • The buyer will transport the asset from mine site by own vehicle and own cost.
“OYU TOLGOI” LLC