Tuesday, September 10, 2024

National Treasury announces public auction of motor vehicles, furniture

Vehicles on Auction in Kenya

The National Treasury has announced the sale of motor vehicles, office equipment, and furniture 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 10:00 a.m. at the Ministry of Public Works Yard, Machakos Road, Nairobi.

“The national Treasury and Economic Planning, State Departnment 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.

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Items for auction will be available for viewing until August 14 on weekdays during working hours.

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According to the notice, interested bidders will be required to pay a refundable deposit of 10 percent of the reserve price of the items into the State Department’s bank account.

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Upon payment, bidders will be issued with a bidding number 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 states.

Successful bidders will be required to pay a deposit of 40 percent of the purchase price on 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.

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