Pursuant to the provisions of Section 1139 to 1151 of the Customs Modernization and Tariff Act (CMTA) RA 10863, in relation to C.M.O. 02-2019 and value arrived at 50% normal depreciation pursuant to CAO 07-2014 taking into account the obsolescence and its present condition, C.M.O. 40-2019, C.A.O 03- 2020, and other relevant issuances, Memorandum of Agreement creating the Inter-Agency Auction Committee dated 01 December 2021, there will be a Public Auction Sale through hybrid submission of bids to be conducted by the Inter- Agency Auction Committee on:
PUBLIC AUCTION : June 09, 2022
Opening of sealed bids : 10:00 A.M.
Place: 2nd Floor Auction Room, Bureau of Treasury (BTr)
Ayuntamiento Building, Cabildo St. Cor. A. Soriano
Avenue, Intramuros, Manila
Inspection dates are on: June 7, 2022 PUC Grounds, Gate 3, South Harbor, Port Area, Manila
June 8, 2022 – PRLI, Angat Bulacan
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