Terms & Conditions

Introduction


Welcome to Bestpricebid. These terms and conditions apply to the services available from the domain and sub-domains of www.Bestpricebid.com and from all other Bestpricebid branded websites provided for India User/Bidders, (together, the "Site"). If you reside in India you are agreeing to the following terms and conditions with BPS Network Pvt. Ltd. and the general principles for the websites of our subsidiaries and affiliates.

 

Your use of our services is governed by the following terms and conditions, ("User/Bidding Agreement"). Before you can become a Bidder/Potential Buyer of Bestpricebid, you must read and accept all of the terms and conditions of this User/Bidding Agreement and each of the "Additional terms and conditions" referred to in this User/Bidding Agreement. We strongly recommend that you should read through all the terms and conditions carefully. The User/Bidding Agreement constitutes a legally binding agreement between you and Bestpricebid.

 

This User/Bidding Agreement is effective from 1st January 2011, for current Users/Bidders, and upon acceptance for new Users/Bidders.

 

General and Scope


The following General Terms and Conditions shall apply exclusively to the business relationship between BPS Network Pvt. Ltd. and its Internet platform www.Bestpricebid.com (hereinafter referred to as "Bestpricebid") and our User/Bidders in the version applicable on the date of use. By participating in Bestpricebid, the User/Bidder accepts the following General Terms and Conditions, as well as the manner in which Bestpricebid and its “Auto-bid” operates as described on the website www.Bestpricebid.com. Bestpricebid does not recognize any terms and conditions set by the User/Bidder that differ from these unless Bestpricebid has agreed and given its acceptance to their validity in writing.

Any special promotions presented by Bestpricebid shall only be valid if they are announced on Bestpricebid’s website or by advertisements in local newsletter/paper. Any promotions of a limited duration shall likewise be announced on the website or by advertisements in local newsletter.

 

Content on the Bestpricebid website is not intended to amount to advice on which reliance should be placed. Bestpricebid disclaims to the fullest extent permitted by law that all liability and responsibility arising from any reliance placed on such materials by any visitors to the Bestpricebid website or by anyone who may be informed of any of its contents.



Bestpricebid Participation and Disqualification


You may not use Bestpricebid if you are under the age of 18 or you are not able to form legally binding contracts or if your Bestpricebid’s User/Bidder Agreement has been suspended. Employees and relatives of employees of BPS Network Pvt. Ltd. are not eligible to participate in Bestpricebid services.

 

User/Bidders are not required to register with “My Bestpricebid” to participate in Bestpricebid services. Only registered User/Bidders have access to the full functionality of “My Bestpricebid”, in particular the Auto-bid and the other Bestpricebid options. Bestpricebid therefore recommends that all User/Bidders register with “My Bestpricebid”.

 

Each User/Bidder may register only once, using their residential postal address. Non-residential and post office box addresses may not be used for User/Bidder registration purposes. During the registration process, the User/Bidder must choose a User/Bidder name. The User/Bidder name chosen must not offend standards of common decency or infringe upon the rights of third parties. Additionally, the use of misleading User/Bidder names is strictly prohibited. Bestpricebid reserves the right to change or delete a User/Bidder name if it finds User/Bidder violating Bestpricebid's term and conditions. The associated password is to be kept secret by the User/Bidder.

 

The User/Bidder has to provide a legitimate INDIA mobile phone number during the registration process for Bestpricebid to authenticate the User/Bidder and prevent future misuse of the service. An authentication code is sent to the mobile number which the User/Bidder must use to register. If the User/Bidder has changed his or her mobile number linked to his or her Bestpricebid User/Bidder account, their account status becomes suspended and their Auto bids are cancelled. The account status remains suspended until the User/Bidder confirms the new mobile number on the website. During this time the User/Bidder/ cannot place bids.

 

In general, the User/Bidder shall be liable for all activities that are undertaken using the User/Bidder account together with the associated password. User/Bidder accounts created during registration are non-transferable. Any abuse of the User/Bidder account will inevitably result in the disqualification of the User/Bidder and may lead to criminal proceedings. Bestpricebid may at any time, exercise sole discretion to suspend or permanently exclude User/Bidder from its services. Bestpricebid will decide upon such exclusion if and in so far as, in the reasonable opinion of Bestpricebid, a User/Bidder has breached a Bestpricebid provision, violated any laws or infringed upon the rights of third parties, or Bestpricebid has another justified interest in such for the protection of other User/Bidders or to prevent manipulation of any kind, for example if bids are not paid, unauthorized bidding software is used, or several User/Bidder accounts are set up by the same  User/Bidder .

 

Bestpricebid has the right to verify the identity of each individual User/Bidder. In the event of Bestpricebid being unable to verify or authenticate User/Bidder identity using reasonable endeavors, then Bestpricebid may ask User/Bidders to provide photo ID, proof of address and other documentation as Bestpricebid requires in writing. If such proof is not provided within 7 working days, Bestpricebid has the right to suspend or permanently remove such unverified User/Bidder accounts and withdraw any biddings won by such User/Bidders.

 

Furthermore, Bestpricebid reserves the right in its absolute discretion to restrict the number of bids which a User/Bidder may close. Bestpricebid has the right to disqualify a User/Bidder and/or his closed bids. If Bestpricebid deems that a particular User/Bidder or Users/Bidders have used unfair means to close the bidding. Bestpricebid shall neither be liable to return any bids, purchased or non-purchased, nor is liable to reimburse any monies that have been used to purchase bids or products. This is to protect the right of its User/Bidders and Bestpricebid itself.

 

User/Bidder will not hold Bestpricebid responsible for any loss, damages, charges, and expenses incurred or suffered as a result of Bestpricebid taking any of the actions outlined above.

 

Purchasing Bids and Payment


Bidding rights, so-called “bids”, have to be purchased by User/Bidders prior to online bidding. Only registered User/Bidders can submit their convenient online bids, which can be purchased in packages (so-called “Bid Packages”) at the currently applicable prices, which can be viewed under “Buy Bids” on www.Bestpricebid.com.

 

The bids must be paid for in advance. The purchasing process requires User/Bidders to verify if the bid package they are purchasing is the right one. This is done to make sure that the choice being made is intended. Purchased Bid Packages are non-refundable and hence User/Bidders should buy only as many bids as they are willing to spend on the bidding process. Payment can be made on-line or via payment agent.

 

When the bids are purchased and deposited into the User/Bidder’s Bestpricebid account, a contract for the purchase of the bids is created. If a bid payment is not honored by the User/Bidder’s financial institution then a returned payment fee will be charged to the User/Bidder to cover the additional administrative costs incurred by Bestpricebid. Bestpricebid reserves the right to block access to the User/Bidder account until and unless payment in full of the invoice amount is received, including any fees due for returned payment etc, and to withhold any outstanding deliveries until his payment in full is received. Bestpricebid also reserves the right to temporarily block access to an unverified User/Bidder accounts that appear to be abusing the spirit of Bestpricebid by purchasing large volumes of bids until identification has been verified in writing.

 

All types of bids (e.g. “free bids“, “special offers” or "bids purchased in bundles") have a time limit. Upon expiration of the time limit stated, the bids expire and can no longer be used. There will be no refund in this case. The same applies for discount codes which are issued with a time limit. All types of bids expire in 60 days from the date of the purchase or from the date when the bid has been credited on a User/Bidder's account. Please be aware of the time limit on use of bids and consume the bids within the time span to avoid any loss of bids. Please check the terms and conditions of each discount code for details at www.bestpricebid.com.

 

Bidding, Auto bid and Daily Bids


For online bidding, either an individual bid can be submitted through the bidding functionality, or the Auto-bid function can be used. Once a bid has been submitted, it is deducted from the User/Bidder’s account and can not be retracted later.

 

The Auto-bid tool allows bidders to bid even if they are not online at that time. Only registered and confirmed User/Bidders can submit bids automatically with one or more Auto-bids. The Auto-bid automatically submits bids according to the parameters set in advance by the User/Bidder. The User/Bidder can read about precisely how the Auto-bid operates in the “FAQ” section. The User/Bidder is prohibited from using bidding software not authorized by Bestpricebid, and doing so will result in immediate disqualification without refund from Bestpricebid’s sites and services.

 

The Bidding Process


A bid submitted by the User/Bidder constitutes an offer from that User/Bidder to Bestpricebid to conclude a contract to the effect that the user/bidder shall purchase the product from the concerned vendor/seller against part cash payment and surrendering of voucher to be given by Bestpricebid to the User/Bidder in the event the User/Bidder emerges as the successful bidder. The aforesaid contract is not completed until the bidding is finished and the last/successful bidder has followed all the steps provided to complete the bid. Each new bid starts off a new bidding limit (“Bidding Limit” or “Deal Limit”) for the product. The Bidding Limit for each of the biddings is shown on the screen. Bestpricebid reserves the right to change the bidding limits at any time. Additionally, Bestpricebid can add, reschedule or remove products from the Bestpricebid.com website at anytime without giving notice, including biddings which are already in progress or live.

 

Bid for each product will close between 0 to 10% of MRP The bidding ends when the bidding limit is achieved. Who so ever hits the bidding limit first, which will be prefixed by BPS and will be anywhere between 0 to 10% of the product’s Maximum Retail Price (MRP), will be the successful bidder of that bid.User/Bidder who is the last to close bid shall be successful bidder. All other bids on the Product expire and will not be refunded. The last bidder is determined by Bestpricebid’s database. In the event of any dispute occurring, it is Bestpricebid’s decision on who is the last bidder and the same shall be final.

 

We cannot guarantee continuous access to our services and operations of our sites may be interfered with by numerous factors outside of our control. While we will use our reasonable endeavors to maintain an uninterrupted service, we cannot guarantee this and we do not give any promises or warranties (whether express or implied) about the availability of our services. In the event of any technical problem (third party or other) affecting the Bestpricebid.com bidding platform, live biddings will be paused until the issue has been resolved. Biddings will continue from, where it was paused once the system is brought back up. If the biddings gets interrupted prematurely due to any technical problem, affected biddings may be restarted. 

 

Alternatively, BPS Network Pvt. Ltd. has the right to restart all biddings from the beginning, once the technical problem has been rectified. BPS Network Pvt. Ltd. may attempt to return purchased bids (not free bids) placed on biddings that had to be paused and then restarted from the beginning due to technical problem. If BPS Network Pvt. Ltd. suspects that an unlawful action or actions against its terms and conditions brought the service down, it has the right to investigate the matter and take legal action against perpetrators. 


Notification, Acceptance and Payment of closed Biddings


When bidding gets interrupted/discontinued, a notification is automatically sent by email to the final bidder. Since biddings may get interrupted/discontinued prematurely due to technical error, this notification is not considered a binding contract. If bidding gets interrupted/discontinued due to a technical error, Bestpricebid reserves the right to void the notification, return any money paid for the product and resume or restart the bidding. This mechanism exists to maintain the fairness of the bidding to all User/Bidders who may have been prevented or discouraged from continuing to bid in the bidding.

After the bidding is closed, if the last bidder is online he/she can access to all of the important bid closing information such as the MRP notified by the concerned vendor/seller, cash component payable by the successful bidder to such vendor/seller and the mode of delivery/collection of the Bestpricebid subsidy voucher on the “My Bestpricebid” page.

 

The Successful Bidder must actively confirm the closed bid by following the steps indicated under My Bestpricebid.

 

Bestpricebid reserves the right to withdraw an offer after 10 days and therefore the Successful Bidder should essentially contact Bestpricebid with 10 days. There is no entitlement to refund bids once the bidding has ended, irrespective of the fact that whether or not the Successful Bidder has contacted Bestpricebid within the stipulated period as aforesaid.

 

On being successful bidder by bidding on the closing bid, the Bestpricebid team shall contact you and shall deliver to you the subsidy voucher for the product on which the bid is closed and earned by you as a successful bidder. On delivery of the subsidy voucher, the successful bidder shall choose the nearest seller from the available list of sellers and contact the chosen seller. You are required to pay to the chosen seller, directly at the time of handing over the subsidy voucher, the amount at which the bid is closed towards discounted purchase price which shall be received by the chosen seller against the product. In return, you take the delivery of the product either by hand on the spot or inform the seller to deliver the same at the address mentioned in your application form which you submitted at the time of joining Bestpricebid. The Seller shall deliver to you, the product within reasonable time at the said address, however subject to the availability of stock at the time of submission of subsidy voucher and closing bid amount, which shall be verified by you either over the phone or personally. The contract of sale and purchase of the products shall be exclusively between the successful bidder and the seller of the products. Bestpricebid itself is not a seller. Any warranties, after sales service etc. in respect of the product shall only be provided by the concerned seller as per its standard policies which come along with the product. The role of Bestpricebid is confined to providing subsidy voucher for subsidizing the price of the product to be sold to you by the seller.

 

Successful Bidder must pay the amount due on bids before the subsidy voucher are delivered to him/her not later than 30 working days after the notification of the closed bid is sent. After this deadline has passed, Bestpricebid can set aside and rescind the Bidder Agreement, and the Successful Bidder’s right to ownership and delivery of the subsidy voucher will be permanently revoked. The Successful Bidder in that case shall have no entitlement to a refund of bids

 

The subsidy voucher will not be honored by the Seller until the closed bid amount which shall always be less than 10 % of the MRP of the closed product has been paid to the seller. Said amount shall be paid within 30 days from the date of delivery of subsidy voucher against closed bid.

 

A right of retention shall be exercised with regard to the product closed at bidding until all bids and the discounted amount has been paid for in full.

 

Guarantee and Return policy


Any warranties, after sales service etc. in respect of the product shall only be provided by the concerned seller as per its standard policies which come along with the product. The role of Bestpricebid is confined to providing subsidy voucher for subsidizing the price of the product to be sold to you by the seller.

 

Damages, Reimbursement of Expenses and Limits on Liability


Claims for damages by the successful bidder against Bestpricebid, its legal representatives, employees, vicarious agents or parties who assist in performance are prohibited. In particular, Bestpricebid shall not be liable for faulty operation of the telephone or computer hardware or software during bid submission and for incorrect or overly slow transmission of bidding data by the telephone or Internet service provider. If such an event occurs, the bidder shall have no legal rights over the product.

This shall not apply in the case of damage that is due to the deliberate or grossly negligent conduct of Bestpricebid, its legal representatives, or parties assisting it in performance.
This shall also not apply if Bestpricebid expressly provided the guarantee for a product’s features in writing or a defect was fraudulently concealed.

 

Applicable Law and Severability Clause


This User/Bidder Agreement shall be governed by the Laws of India and the courts of Chandigarh shall have the exclusive jurisdiction to entertain any dispute arising due to this contract. If at any time any provision of this agreement becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, the legality, validity and enforceability of such provision under the law of any other jurisdiction and of the remaining provisions under the laws of such jurisdiction, shall not be affected or impaired thereby.

 

Bestpricebid reserves the right to make changes to the terms and conditions at any time. The amended terms and conditions will come into immediate effect once published.