View eAuction Details

eAuction Title
Disposal of Scrap Perforation Systems in Various Sizes and Lengths in Marmul, Oman
Result Sharing With Bidder
No
Base Currency
OMR
Reserve Price
Yes
Bidding Type
Domestic
Product Location
Marmul, Oman
Multiple Line Items
Not Applicable
eAuction Description

  1.  Disposal of various sizes and lengths of perforation systems of about 180 Tons, as detailed below:

                4-1/2" Perforation System ,6 meters - 165 Metric Tons
                4-1/2"Perforation System,3 meters - 5.60 Metric Tons
                2-7/8" Perforation System, 6 meters - 11.20 Metric Tons
                2-7/8" Perforation System , 3 meters - 0.32 Metric Tons

  2.  VAT charges 5% shall be extra from the total price.
  3. Loading and unloading on bidders? scope on both sides.
  4. The truck/trailer shall be weighed in front of RAY representatives in the nearest weigh bridge before and after collecting the scrap and the weigh slip shall be issued for records.
     The bidder is responsible for covering the charges for this service.
  5. The amount calculated against the weight specified in the bidding shall be paid in advance prior to the collection, based on the actual weight calculation the difference amount shall be paid.
  6. -Biddings shall be on a per-ton basis not lumpsum.

eAuction Method
Forward
eAuction Variant
Rank
Approx Event Value
N.A
Auto Extension
Yes
Extend Time By ( In Minutes )
2
Auto Extension Mode
Unlimited
Extend Time When Bid Received In Last (In Minutes)
5
Display IP Address
Yes
Bidding Access
Global
Document Fees
Not Applicable
Document Fee Amount (OMR)
0.00
Document Fee Payable at (Address)
Participation Fee
Not Applicable
Participation Fee Amount (OMR)
0.00
Participation Fee Payable at (Address)
Earnest Money Deposit
Applicable
Earnest Money Deposit Amount (OMR)
250.00
Earnest Money Deposit Fee Payable at (Address)
1.      EMD to be paid in the form of Bank guarantee addressed to  (Bank Transfer Only).  
2.      EMD to be transferred to below bank account:
Account Name : Rukun Al Yaqeen International Oil & Gas LLC
Bank Name : Bank Muscat
Account Number : 0423015494130018
SWIFT Code : BMUSOMRXXX  3.      EMD will NOT be adjusted against any Payment to be made by the Winning Bidder.
4.      EMD to the ALL Bidders (Including Winning Bidder) will be only refunded on COMPLETE BASIS, within 7 days after the removal of the Assets and cleaning the Asset Location by Successful Bidder.
5.      The Payment proof of EMD should  be  shared to galwin.gilroy@rayoman.com & mohamed.rafi@rayoman.com   and  call and Inform Mr Galwin (Mobile: +968 98270328 )
Time Zone: (UTC+04:00) Abu Dhabi, Muscat

Bidder Compliances Cutoff Date

End Date & Time :
23-Mar-2025 12:00

eAuction Date & Time

Start Date & Time :
24-Mar-2025 11:00
End Date & Time :
24-Mar-2025 11:32