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Auction of old vehicles

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The auction of old vehicles for 2021 was opened on 26th April and an approval to sell the vehicles to the highest bidder was approved through note sheet BT/F&AI1/2021 dated 30 April 2021.
However, five bids were forfeited. The bidders for Bolero (BG-3 -A0207) and Hiace Bus (BG-1- A1417) were forfeited as the bidder failed to deposit the bid value within 7 working days. 3 bidders have submitted letters expressing their interest to withdraw from their respective bids.

The detail of the 5 vehicles are.

VehicleVehicle NumberModelSuccessful BidderBid Value (Nu)Location
1Hiace BusBG- l -A1417 2007Jigme Wangchuk877,777.00CHQ, Thimphu
2Tata HiluxBG-1-A14312007Namgay Phuntsho271,000.00CHQ, Thimphu
3Esteem carBG-1-A13322006Kezang Deki251,505.00CHQ, Thimphu
4Bolero DC BG-3-A02072011Namgay Phuntsho302,000.00Phuntsholing
5Eicher DCMBG-1-A06392010Loday Jamtsho230,000.00CHQ, Thimphu

The revised auction bid form is attached along with this note sheet.

General Manager, Finance & Accounts Division is requested to seek an approval from the management committee for

  • To re-auction the above vehicles through seal bids on “As Is Where Is” basis
  • The last day of sealed bid submission is on 18 June 2021 by 1300 hours.
  • To fix earnest money of Nu 25,000.00 (Ngultrum Twenty-Five Thousand) for each vehicle and
  • To accept cash as earnest money

Download reports and forms below:

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