The Cebu City Government through the COMMITTEE ON AWARDS invites interested bidders for the PUBLIC AUCTION SALE thru sealed bids to be held at the General Services Office, 7th Floor, City Hall, Annex Building, Cebu City on August 17 at 3:00 p.m. to wit:

A. One (1) Whole Lot - "AS IS WHERE IS" 42 UNITS UNSERVICEABLE CEBU CITY OWNED MOTOR VEHICLES consisting of the following:

14 Motorcycle	1 Excavator
1 Road Compactor	6 Multicab
2 Road Grader	1 Bus
1 Loader Excavator	1 Power Cab
1 Bulldozer	2 Van
3 Tamaraw FX	1 Proton
2 Kia Ceres	1 Ambulance
1 Garbage Dumptruck	1 Toyota Hilux
1 Daewoo	1 Mitsubishi
1 Landcruiser

B. One (1) Whole Lot - "AS IS WHERE IS" 42 UNITS UNSERVICEABLE BARANGAY OWNED MOTOR VEHICLES consisting of the following:

12 Compactor Truck	5 Mini Dumptruck
16 Multicab	1 Van
7 Garbage Truck	1 Motorcycle

C. One (1) Whole Lot - "AS IS WHERE IS" CITOM IMPOUNDED JUNK MOTOR VEHICLES:

184 Motorcycles with Assorted Brand and Make

201 Motor Vehicles with Assorted Brand and Make

THE SUBJECT PROPERTIES ARE FOUND AT THE COMPOUND OF BLOCK 27, NORTH RECLAMATION AREA AND SOUTH ROAD PROPERTIES, CEBU CITY.

TERMS AND CONDITIONS:

1. The properties for sale are "AS IS WHERE IS" which shall be awarded to the highest bidder, subject to the approval of the Committee on Awards.
2. Immediately upon the receipt of the award, the awardee shall effect the full payment of the bid price and remove/pull-out the properties which should be completed within one (1) month, otherwise the City will not be held liable for any loss or damages to the said properties. After one (1) month, in case the properties are still in the junkyard, the City will impose STORAGE FEE of 1% of the bid price daily to be deducted from the bidders bond.
3. To ensure faithful performance, every bid shall be sealed public bidding and should be accompanied with a BIDDER'S BOND in the form of CASH or MANAGER'S CHECK in the amount equivalent to 10% of the bid offered.
4. BIDDER'S BOND of the losing bidders will be returned upon the approval of the Committee on Awards of the winning bidders. However failure of the winning bidder to comply with the Terms and Conditions herein stipulated would cause forfeiture of his/her bidder's bond in favor of the government
5. Qualified bidders are given a complete list of Unserviceable/Junk Properties subject for sale and are given two (2) weeks within which to inspect, evaluate and estimate their bid quotation.
6. For futher details, please see the office of the Property Management Division, General Services Office, 7th Floor, Cebu City Hall Annex Building during office hours.

THE CEBU CITY GOVERNMENT RESERVES THE RIGHT TO REJECT ANY OR ALL BIDS, WAIVE ANY DEFECTS THEREIN AND TO ACCEPT SUCH BID/S WHICH ARE MOST ADVANTAGEOUS TO THE GOVERNMENT.

(Sgd.) MICHAEL L. RAMA
City Mayor

Date of Publication: July 30, 2010 & August 6, 2010.