Auction Of T Shirt Tayit Trousers Pyjamas Shirt Fitted Sheet Legging Duvet Set Dress Pillow Case Bed Covers Top Jacket Packout Collection Kid Legging Bed SheetTotal Initial Auction Price Birr 88 230 357 30 Bidders Shall Submit 25 Twenty Five Percent Of The Total Initial Price Of The Respective Lots Separately Only In Cpo As An Earnest Only The Borrower Or His Legal Representative Bidders Or Their Legal Representative And Concerned Government Organs Will Be Allowed To Attend The Auction Process That Takes Place At The Premises Of Ayka Addis Textile Factory Located At Sebeta Town Administration Kebele 08 On The Date Time Specified In The Table Above Bidders Shall Bid For All The Items Under Each Lot And Partial Biding For Some Items In A Lot Is Not Allowed However Interested And Able Bidders Can Contend Bid For More Than One Lot The Winners Shall Pay The Total Bid Price Within 15 Fifteen Calendar Days Failure To Pay In The Specified Period Shall Be The Cause For The Loss Of The Earnest Price And Rejection Of The Award The Winner Shall Also Be Held Responsible For The Shortfall That May Occur During Re Auctioning And For Non Winner Contenders Their Cpo Shall Be Returned Back Right Away A Bidder Who Wins The Auction Is Expected To Pay 15 Vat Fifteen Percent Value Added Tax On Top Of The Winning Price The Bank Shall Sell The Items Only In Cash The Winners Must Clear Off The Item S At Their Own Expense Within 10 Ten Days Following The Date The Winning Price Is Paid To The Bank In Full Interested And Eligible Bidders May Obtain Information From Development Bank Of Ethiopia Project Rehabilitation And Loan Recovery Directorate Ii 2Nd Tower 3Rd Floor Or Through Telephone 011 5 245373 And The Bank Could Arrange A Pre Scheduled Visit For Interested Bidders The Bank Reserves The Right To Revoke The Auction Partially Or Fully
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