AUCTIONEER’S NOTE: This is the second of eight auctions that will be held to liquidate the assets of numerous Titan Machinery locations that were closed earlier this year.
As a result, retailers and manufacturers in the consumer goods industry respect our outstanding customer service and skill provided at every opportunity. Hence they come from reputable department stores and wholesalers from across the county.
Feasibility study and detail project report includes demand analysis, basic plant requirements, technology selection, sourcing options, plant configuration and technical description of each package/system, preparation of basic engineering drawings and schematics, environmental issues, permits and licenses required, financial model with preliminary project cost estimates, cost of generation and levellised tariff calculations, preliminary project implementation plan, construction and O&M plan with organizational structural and manpower requirements and performance testing plans etc.
Technical tender specification includes preparation of qualifying requirements, short listing of bidders, preparation of tender specification containing project description, scope of supply, basic design criteria, general technical requirements, quality assurance and inspection requirements, plant/package battery limits and interface requirements, guarantee parameters and liquidated damages requirements, tender drawings, bid proposal sheet, exclusions, data sheets, terminal points, deviation schedule, spares and tools schedules, O&M manual requirement, list of approved vendors, procedure of bid evaluation etc.
The below article sets out the key issues and provides a checklist of the main procedures to ease the journey.
The main thing to remember throughout the process is that the dissolving company (DC) should pay close attention to the involvement of all key stakeholders, i.e.
The company charter is important to note as it may include guidance on specific dissolution procedures.