Disposal of Unserviceable & Scrap Items by Spot Auction at IIM Mumbai Campus

Work Description - Spot Auction For Disposal Of Unserviceable, Condemned, Scrap And Junk Items At Iim Mumbai Campus

The Indian Institute of Management Mumbai, a Central Government Ministry/Department, invites sealed bids through an open tender process for the disposal of unserviceable, condemned, scrap, and junk items located at the IIM Mumbai Campus. The tender reference number is IIMM/IPS/Auction/2026-27/03, and the Tender ID is 2026_IIMM_921036_1. The "Form of Contract" for this tender is "Sale." This is a spot auction with a "Period Of Work" of 7 days, and the "Bid Validity" is set at 180 days. The "Tender Value" is estimated at ₹10,00,000. Bidders are required to submit an Earnest Money Deposit (EMD) of ₹20,000, which is payable to the Indian Institute of Management Mumbai and can be made through BG/ST or exemptions are allowed. The tender document is available for download from August 7, 2026, 12:30 PM, until August 12, 2026, 12:30 PM. The bid submission period also spans from August 7, 2026, 12:30 PM, to August 12, 2026, 12:30 PM. The bid opening will take place on August 13, 2026, at 12:30 PM at the IPS IIM Mumbai location. This tender is for "Miscellaneous Goods" under the "Disposal of Unserviceable/Scrap" sub-category. Interested bidders are directed to refer to the tender documents for comprehensive details regarding pre-qualification criteria and other specifics. The tender involves a single cover system, and the financial bid, where the highest bidder will be recommended for award subject to approval, is to be submitted in .xls format.