Lot #1Lot-1: Heavy Metal Scrap and Turning Chips, Qty. 41 Tons

Sales Terms & Conditions: • Companies and individuals may participate in this auction. • Buyer may request a site visit via email by attaching a copy of the commercial registration or ID cards of the visitors. Email request should be sent saladawi@tigergroup.com or call o+92771252. • The mixed scrap metals are sold “As Is, Where Is” without any warranty or guarantee as to the merchantability, description, quality, condition or fitness for any purpose nor is there any other warranty, expressed or implied. • The listed quantities are believed to be an accurate representation of the available assets. However, it is the Bidder's responsibility to verify the exact quantities at the time of visit or inspection. Any queries should be raised and clarified via written email addressed to saladawi@tigergroup.com prior to submitting the bid. • Pictures and details of the sale items are provided on the platform. However, Bidders are responsible for submitting their bids based on the actual stock and condition verified during their inspection. • The bid offer and signed bid documents shall remain valid for a minimum of 30 days from the date of bid submission and if needed the seller reserves their right to notify the bidders for required extension. • Bidders are required to submit their offers for each sale lot in its entirety. Bids for partial quantities or individual items within a lot will not be accepted. The seller retains full and final authority to select the successful bidder. • The Seller has the right to accept or reject or cancel any or all bids without providing any reason. • Buyer shall strictly adhere to and comply to the laws and regulations as mandated by Environmental authorities/ Be’ah in handling, transporting, recycling and safe disposal of designated waste items sold and shall provide the Seller the proof for record. • Bidder shall be responsible for all applicable taxes (e.g. sales tax, VAT or other indirect taxes, etc.), duties, fees and other charges relating to the sale transactions. The successful Bidder shall make the full payment of bid price, plus Oman VAT at the prevailing rate of 5%, plus a 5% buyer fee Plus VAT and the successful Bidder are also liable for any revised VAT rate imposed by the Oman Tax Authority at the time of sale or invoicing, within 5 days of award notification. No refund shall be made under any circumstances and no adjustment shall be made on sold price for any reasons. • Successful Buyer shall make the full payment through wire transfer to the account details provided on the TAX invoice for both sale value and buyer fee. Buyer shall only collect the sold items upon confirmation of receipt of full payment and obtaining a formal Bill of Sale and the clearance from the Seller. • The allowable duration for collection and clearance of the yard, including acceptable housekeeping, is 14 days from the date permission to start is granted. Collection to commence only after the entry permission is granted in writing. Buyer is not allowed to enter or start removal without the presence of the Seller’s store representative. If the buyer exceeds the allotted time given for removal, seller has the authority to charge the buyer for the damages caused or levy additional fee for extended storage or the cost for any means necessary to clear the sold items and such actions can be taken at the sole discretion of the seller as necessary. • Sold items shall be lifted from Seller’s store (ex-works). Preparing of the goods, demolition, lifting, handling & transportation of sold materials from the Seller’s yard shall be at the Buyer’s cost and within the Buyer’s scope. • Loadout: No loadout assistance available at Seller location. Buyer will be responsible for all fees, permits, incidental costs, food/accommodation, fuel and logistics associated with loadout. • It is the Buyer’s responsibility to obtain the necessary permits and customs clearance for the transport of these goods within and outside of Oman, as applicable. • The Buyer shall arrange standard and good quality personal protective equipment (“PPE”) for all the personnel involved in collection including coverall, safety boots, goggles, hard hats, protective gloves, etc. No personal will be allowed entry into Seller’s premises without the required PPE. • All the Buyer’s crew members involved in the material collection shall be legally permitted to perform work in Oman with valid visas and residence cards. Buyer shall be fully responsible and accountable for any legal violation or consequences arising from the legality of the manpower engaged by the Buyer during collection and removal. • It is the responsibility of the Buyer to completely remove the sold items as per sale (within the sale lot) and leave the Site clean from any waste or trash with an acceptable level of housekeeping. • The collection of the sold items shall be within the company operating hours. No work will be permitted outside of the store working hours. • The Seller is not responsible for any loss or impact caused by force majeure or natural causes experienced by the Buyer during the sale and removal of the sold goods. • By submitting a bid offer, the Buyer acknowledges and accepts all Terms and Conditions stated herein.