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15 govt cars on auction block
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Posted on Nov 13 2006
The CNMI government yesterday placed 15 public vehicles up for bids in an effort to raise money and save on operational costs.
The vehicles comprise the second batch of government cars to be auctioned off by the Fitial administration. Twenty-one cars were sold in the first auction held on Aug. 11, 2006, raising a total of $18,772.
The Division of Procurement and Supply started accepting bids for the second batch yesterday. Interested buyers can inspect the cars at the Procurement Division’s parking lot in Lower Base from 8am to 4pm weekdays until Nov. 30, 2006. Bids will be accepted until Dec. 4, 2006, 10am. The bid opening will take place at 2pm on the same day.
The cars for sale include a 2000 Ford Focus sedan (with a minimum bid price of $3,000); a 1997 Hyundai Sonata ($800); a 1997 Hyundai Accent ($600); 1997 Ford Lincoln Towncar sedan ($500); 1997 Toyota Tacoma pickup truck ($500); and a 1995 Mitsubishi Mirage ($500).
The cheaper items include a 1996 Nissan Sentra sedan, a 1996 Mazda Protégé sedan, and a Mitsubishi Montero wagon, each with a minimum bid price of $200. Older cars such as a 1991 Toyota Tercel sedan, a 1992 Toyota Camry sedan, and a 1990 Toyota 4Runner wagon are being sold at a minimum bid price of $100 each.
The Procurement Division requires bidders to submit a bid bond of 15 percent of the bid amount. Losing bidders will get a refund of the bid bond. If a winning bidder decides to cancel, his or her bid bond will be forfeited.
