Disposal of Motor Vehicles, Generators, Obsolete Furniture & ICT Equipment through Public Auction

KENYA REVENUE AUTHORITY - KRA in conjunction with PHILLIPS INTERNATIONAL AUCTIONEERS shall sell by public auction the under mentioned MOTOR VEHICLES, GENERATORS, OBSOLETE FURNITURE AND ICT EQUIPMENT: - as indicated below: -

CONDITIONS OF SALE:

1. Viewing to be done AT THE VARIOUS LOCATIONS INDICATED ABOVE during normal working hours to verify details as these are not warranted by Auctioneers or our principals as the sale is on ‘’as- is- where-is basis.’’
2. Interested bidders must pay a refundable deposit as KSHS. 50,000.00 PER EACH MOTOR VEHICLE AND KSHS. 10,000.00 FOR OTHER GOODS in form a BANKER’S CHEQUE in favour of PHILLIPS INTERNATIONAL AUCTIONEERS to obtain a bidding number.
3. The declared purchasers must deposit 25% of the purchase price by close of business on the auction day into the BANK ACCOUNT OF KENYA REVENUE AUTHORITY(KRA) TO BE PROVIDED DURING AUCTION and the balance paid within seven (7) days from the auction date into the same account, failure to which the money received including the deposit will be forfeited.
4. We shall adhere to the Public Procurement and Asset Disposal Act 2015 Section 53 (6) which states ‘’ All procurement and Asset disposal planning shall reserve minimum of 30% of the budgetary allocations for the enterprises owned by women, youth, persons with disabilities and other disadvantaged groups.
5. Sale shall be subject to reasonable reserve prices.