Government announces public auction of motor vehicles; How to bid
The Ministry of National Treasury has announced the sale of motor vehicles and other office equipment through a public auction
The Ministry of National Treasury has announced the sale of motor vehicles and other office equipment through a public auction.
The government through the Ministry of National Treasury has announced the sale of motor vehicles and other office equipment through a public auction.
In a notice on Tuesday, July 30, the Ministry disclosed that the exercise will be conducted on August 15, 2024, at the Ministry of Public Works Yard, Machakos Road, Nairobi at 10:00 a.m.
“The national Treasury and Economic Planning, State Department of Economic Planning has appointed M/s Immediate Auctioneers of P.O. Box 75185-00200, Nairobi to sell by public auction used motor vehicles, ICT equipment, office equipment and furniture on 15th August 2024 at Ministry of Public Works Yard, Machakos road, Nairobi at 10:00 a.m.,” read part of the notice.
The items for auction are contained in a bidding catalogue which the Ministry noted that it was available the auctioneer’s office at a fee of Sh500.
Interested bidders were required to pay a refundable deposit of 10 per cent of the reserve price of the items into the State Department’s bank account.
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“Bidders will be issued with a bidding number upon payment of the bid number deposit which will serve as an entry pass to the auction yard. No bidder will be allowed entry into the auction venue without a bidding number and the auction catalogue,” the notice further read.
Items for auction will be available for viewing until August 14 on week day during working hours.
Successful bidders are required to pay a deposit of 40 percent of the purchase price at the day of the auction and pay the rest of the amount within 14 days.
“The purchased items must be collected upon full payment within 14 days of the auction failure to which any paid amount will be forfeited and the items disposed off at the sole discretion of the State Department of Economic Planning,” the Ministry stated.
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