City Hall conducts Public Auction for Government Properties and Unserviceable Equipment
Last Updated on Friday, 2 December 2016 03:50 Written by mitz Friday, 2 December 2016 03:49
(Friday, 2nd day of December 2016)
ILIGAN CITY – – Auction sale of unserviceable equipment was held at the Sangguniang Panglungsod Hall last November 28, 2016. The members of the Committee on Disposal were present namely; Atty. Rafael Benedictos Jr., the chairman of the board; Ms. Louella S. Maybituin, City Treasurer; and Mr. Rey Clavano, City Accountant. Representatives from the Commission on Audit (COA) were also present to oversee the public auction.
The auction sale was formally opened at 10:22 am by Atty. Rafael Benedictos Jr. After which, the rules of the auction were read and 4 bidders were identified and recognized.
Items subject of the auction consisted of 359 heavy and light equipment and 4 lots containing assorted tires and batteries.
Three Angels Junkshop placed a bid of Php 425 000 for the heavy and light equipment, and did not bid for the assorted tires and batteries. Mr. Michael Suminggit placed a bid of Php 448,118.80 for the equipment and Php 15,800 for the assorted tires and batteries. MGK Marketing placed a bid of 320,000 for the heavy and light equipments and Php 25,000 for the assorted tires and batteries. WE Marketing placed a bid of Php 488,000 for the heavy and light equipments and Php 20,000 for the assorted tires and batteries.
According to the committee, the winning bidders will be awarded after the technical group inspects and verifies the bidders’ documents.
– – – From the Office of City Mayor – Website / Earl Vincent T. Ruelo
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