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On-line Dynamic Auctions
Disposal Tenders
Private Treaty Sales
Recurring Scrap Sale
Asset Resourcing
   
     
 

Disposal Tenders is an auction process carried out for assets which are not easy to sell or need specific type of bidder category. New surplus, non-moving, overstocked, refurbished, used and designed based assets are typically sold in this format.

As a part of the Disposal Tender Process, an inspection of the assets is done by Indiaengineering at the sellers end, following which a high end catalog is prepared and hosted on the Indiaengineering site. Market-making is then done to an identified set of bidders, who can then study the catalog posted on the site. After studying the catalog and appropriate inspection of the assets, these bidders submit their bids to Indiaengineering. These bids could be for the entire lot or many a times for a specific item of their interest. The incoming bids are collected till the specified date and then submitted to the seller for their confirmation. The H1 and H2 bidders are called for negotiations and final discussions across the table with the seller and the deal is closed with the bidder who offers the highest price.

 
     
   

An efficient
and objective disposal process
 
 
     
   
     
 
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