RULES OF PARTICIPATION IN ONLINE AUCTION FOR THE PURCHASE OF INDUSTRIAL WASTE

1. This document establishes the general rules for participation in the online auction for the sale of industrial waste of UzAuto Motors Powertrain Powertrain JSC.
2. Hereby, the bidder (Buyer) for the purchase of goods acknowledges that he is familiar with and agrees with the terms of these rules.
3. In connection with the above, carefully read the text of these rules and, if you do not agree with its terms, you may not participate in the auction for the purchase of goods.
4. For the purposes of these rules, the following concepts are used:
SELLER - UzAuto Motors Powertrain JSC;
An offer agreement is addressed to one legal entity, several specific legal entities or an indefinite circle of legal entities that are ready to conclude an agreement, on certain conditions.
Buyer - any business entity purchasing goods on a contractual basis for commercial use using information systems for their own production and / or economic needs.
Acceptance of the offer agreement - Irrevocable acceptance of the offer and the conditions for this offer;
An auction is a type of procurement procedure in which the bidder (BUYER) becomes the winner, offering the best price and terms of performance of the contract.
Lot - a quantitative part of the subject of purchase, defined by the buyer as a set of goods, combined according to various criteria (feasibility, technical and functional characteristics).
5. Before the start of the online auction, bidders transfer 30% of the value of this lot for each lot to the SELLER's account as a security deposit. The registration process ends 3 hours before the end of the auction. The buyer must indicate in each transfer the exact LOT for which the deposit was made.
6. If the deposit is not paid 3 hours before the end of the online auction, the Bidder will not be allowed to participate in the tender.
7. During the online auction, bidders have the right to submit multiple bids for an indefinite period starting from the date of the auction announcement and during the period specified in the announcement.
8. Information on the timing of the online auction is indicated in the announcement on the xarid.umpt.uz website (date and time). The online auction period for a lot is extended by five minutes with each submission of the last bid.
9. The name and contact information of the winner will not be displayed on the xarid.umpt.uz portal until the end of the competition.
10. With the end of the online auction time, the portal will automatically determine the highest price offered during the online auction. The bidder with the highest bid will be automatically selected by the portal as the auction winner. The name of the winner will be displayed on the portal, which will automatically record the completed transaction, and as a result, a sales contract will be concluded in accordance with the bid of the bidder.
11. If no one participated in the online auction, then such an auction is considered invalid.
12. If the winner of the online auction refuses to buy the product, this participant will be blocked and will not be able to participate in the next online auction. A 30% deposit of the amount for the lot previously transferred to the account will remain with the SELLER for non-compliance with the terms of the offer.
13. Within 5 working days from the end of the online auction, the SELLER enters into a contract for the sale of finished products with the winner of the tender (BUYER). The shipment of the purchased goods will be specified in the terms of the contract.
14. The BUYER must transfer the remainder (70%) of the contract value to the SELLER's account (excluding the 30% deposit) and begin the purchase process within 5 working days after the conclusion of the contract.
15. If the BUYER does not transfer 70% of the total cost of the contract to the SELLER's account within 5 working days, the SELLER within 3 days has the right, after written notification to the BUYER (at the legal address), to unilaterally terminate the contract. In this case, a 30% deposit of the BUYER remains with the SELLER for non-compliance by the BUYER with the terms of the offer.
All deposits will be returned to non-winning bidders within 10 business days.
16. The price of the goods is expressed in the national currency of the Republic of Uzbekistan - sums. VAT is added to the final price
17. The transfer of goods by the SELLER is carried out after receiving 100% prepayment. Details, conditions related to the control, delivery and acceptance of goods in accordance with the established procedure, other conditions, are stipulated in the public offer agreement concluded with the Buyer.
18. By accepting the terms of this offer, the Buyer agrees to the processing of his personal data by the Seller.
19. The seller is obliged to comply with the conditions and requirements for the environment.