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Notice of Public Auction Sale, 12 July 2016, Manila International Container Port (MICP)

July 1, 2016

Pursuant to the provisions of Section 2601 to 2610 of the Tariff and Customs Code of the Philippines, as amended, in relation to CAO 10-2007 dated November 28, 2007 and other relevant Customs Memorandum Orders, there will be Public Auction Sale through Sealed Bidding to be conducted by the Auction and Cargo Disposal Division, Manila International Container Port on : July 12,2016

Start of Auction : 2:30 P.M.

Place : Conference Room, Office of the District Collector, Ground Floor, MICP Building, North Harbor, Isla Putting Bato, Tondo, Manila

Public Viewing of Merchandise and pre-bid conference for all qualified bidders will be on: July 11, 2016

In the event of a failed bidding, the second auction shall be conducted on the third business day following the first bidding, except as to perishable items/goods, which may be auctioned again on the following business day.
1. Sale Lot No. 6-65-2016

Consignee: Sanfred Trading

S.I. No. 034-2016, 039-2016, 040-2016

Date of Arrival: 4-24-2016

Total Floor Price: Php12,632,400.00

@P1,800/bag

11×40’ containers Refined Sugar

Approximately 7,018 bags

Brand Name: Cristalla/Korach/MITR PHOL

Container Nos. MAGU5621129, DRYU9295380,TEMU7846450

MAGU5604775, CRSU9225236, DFSU6238710

DFSU7279483, BSIU9190470, BSIU9743642

TCNU6801764, TSTU0519571

“ AS IS WHERE IS ”

Location: ICTSI-CY

Additional Requirements:

1. Interested Bidders must be SRA Registered as “B” or Domestic Market. Thus, it can be bidded out to 2015-2016 SRA Registered Sugar.

2. The Winning Bidder shall be required to Pay the monitoring fee to SRA of P33.00 per Lkg-bag

3. Representatives from SRA, OCOM, ESS, CIIS, POS, ODC and COA shall be invited to witness the release.

2. Sale Lot No. 6-66-2016

Consignee: G.I. Home Corporation

Junay Corporation

S.I. No. 033-2016, 036-2016, 032-2016

035-2016, 038-2016

Date of Arrival: 3-28-2016

Total Floor Price: Php6,719,400.00

@P1,800/bag

6×40’ containers

Refined Sugar

Approximately 3,733 bags

Brand Name: Korach/Thai Roongruang

Container Nos. PONU8243933, MRKU3333734, MRKU3055799

MSKU8857633

DAYU6107273, MSKU8947300

“ AS IS WHERE IS ”

Location: ICTSI-CY

Additional Requirements:

1. Interested Bidders must be SRA Registered as “B” or Domestic Market. Thus, it can be bidded out to 2015-2016 SRA Registered Sugar.

2. The Winning Bidder shall be required to Pay the monitoring fee to SRA of P33.00 per Lkg-bag

3. Representatives from SRA, OCOM, ESS, CIIS, POS, ODC and COA shall be invited to witness the release.

3. Sale Lot No. 7-69-2016

Consignee: Wrigley Phils. Inc.

S.I. No. 142-2013

Date of Arrival: 4-11-2013

Total Floor Price: Php1,665,438.50

20 pallets and 50 cartoons

Embossed Pre Lam Foil

“ AS IS WHERE IS ”

Location: Intas warehouse

Terms and Conditions of Public Auction:

1. Filing of Bidder’s Registration Form (with name, address and TIN), together with the latest certified true copy of Income and/or Business Tax Returns duly stamped and received by the Bureau of Internal Revenue (BIR) with a validated tax payment made thereon, and NFA/SRA License, at least two (2) days prior to the day of auction.

2. Registration on the logbook for registered bidders indicating the name, address and TIN to be made with the Chief, ACDD one (1) day before the date of actual bidding until exactly an hour immediately preceding the time of actual bidding; thereafter registration is closed.

3. Payment of non-refundable Php2,020.00 Registration Fee.

4. Posting of duly receipted bond in cash or, manager’s check particularly sugar shipments (which shall be subject to verification with the issuing bank) in an amount equivalent to twenty percent (20%) of the floor price for each sale lot. The bond shall be refunded to the losing bidder after the closing of the auction. The bond shall not, however, be required when the floor price of a sale lot is less than ten thousand pesos (Php10,000.00). Must be submitted at least two (2) days prior to the day of auction.

5. Payment of highest bidder in cash or manager’s check at least fifty percent (50%) of the bid price on the spot upon announcement of the winning bid as duly certified to by the Auction Committee and the COA representative. The remaining balance of 50% shall be paid on the succeeding business day.

6. Payments with Cashier’s / Manager’s Check / Cash to the BOC / MICP shall bear the following:
a. BUREAU OF CUSTOMS IFONAME OF BIDDER.

7. The auction shall be conducted through sealed bids, which shall be submitted and opened in public by the Auction Committee at a time, date and place specified in the Notice of Auction Sale.

8. The highest bid shall be declared as the winner except when clustering occurs. Clustering occurs when the difference between the highest and the second highest bid is within ten percent (10%) of the highest bid. In such case, an open-bidding shall be conducted among the bidders of the particular sale lot who are present with the highest bid serving as the new floor price. Only bids raised by three percent (3%) more than the new floor price shall be considered and the highest bid in the open-bidding shall be declared as the winner. Otherwise, the highest sealed bid shall be declared as the winner.

9. A failed bidding shall be declared by the Auction Committee when any of the following circumstances occurs:

a. When there is only sealed bid, the same shall not be opened;
b. When there are two sealed bids but there is only one bid higher than the floor price;

c. When the highest bidder fails to comply with any of the payments required in Section 9 thereof, said bidder shall be disqualified from participating further in the auction sale and when applicable, the negotiated sale thereof without prejudice to the forfeiture of the cash bond and any payment made and imposition of other sanctions as may be warranted.

10. When a failed bidding is declared, the sale lot shall be offered in a second auction to be held on the third business day after the first failed auction at the same floor price without need of further advertisement/posting. In case of perishable goods, the second auction shall be conducted on the first business day following the first failed bidding.

For further details, please contact Mr. Gerardo M. Macatangay, Chief, Auction and Cargo Disposal Division, MICP, Tel No.245-4101 loc. 2283 or 247-0977.

ANTONIO MELITON T. PASCUAL
OIC-District Collector, MICP

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