Tenders are invited for Sell The Collateralized Buildings Vehicles Beehive Machinery And Land Development

Tenders Are Invited To Sell The Collateralized Buildings Vehicles Beehive Machinery And Land DevelopmentProperty Location Honey Processing Plant Gambella Region Mojang Zone Gudere Woreda Meti Town The Farm Is Located At Gambela Region Mojang Zone Mengeshi Woreda Ashene Baya Kebele Type Of Property Buildings Vehicles Bee Hive Machineries And Land DevelopmentPlot Size 1 5 Hectares Of Processing Plant 500Ha Of Bee Heavies FarmAuction Floor Price In Birr 36 875 434 62 Thirty Six Million Eight Hundred Seventy Five Thousand Four Hundred Thirty Four Birr And 62Cents Instructions Bidders Shall Submit 25 Twenty Five Percent Of The Floor Price Only In Cpo As An Earnest The Winner Shall Pay The Total Auction Price Within 15 Fifteen Calendar Days Failure To Pay Within The Specified Time Period Shall Be The Cause For The Loss Of The Earnest Price And Concellation Of The Award Besides The Winner Shall Also Be Held Responsible For The Shortfall That May Occur During The Re Auctioning Of The Property Only The Borrower Or His Legal Representative Bidders Or Their Legal Representative And Concerned Government Organs Will Be Allowed To Attend The Auction Process That Takes Place At The Processing Site Located At Gambella Region Majang Zone Gudere Woreda Meti Town On The Date Time Specified In The Table Above Cpo Of Non Winner Bidders Will Be Returned Back The Winner Shall Pay 15 Value Added Tax And All Other Legal And Administrative Fees And Charges That Are Associated With The Sale Of The Property Some Of The Properties Such Like Vehicles Machineries Etc Have Been Procured Under Duty Free Privileges Thus The Winner Needs To Either Have Matching Customs Duty Exemption Privilege Or Shall Pay The Outstanding Duties The Winner Can Apply For A Loan Facility For The Unpaid Balance As Per The Banks Credit Policy And Procedure However A Winner Who Is Interested To Purchase The Form On Credit Basis Is Required To Submit To The Bank Documents That Confirm He She It Under His He Its Name And Or A Company In Which He She It Holds 10 Ten Percent Or Above Share S Is Clear From Any Statutory Or Other Liabilities Including Unsettled Payment Claims Interested And Eligible Participants May Obtain More Information From The Development Bank Of Ethiopia Project Rehabilitation And Loan Recovery Directorate Il 20 Tower 3Rd Floor Or Through Telephone 011 524 53 73 The Bank Can Arrange A Pre Scheduled Visit For Interested Participants The Bank Reserves The Right To Cancel The Auction Partially Or Fully

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