BID FOR SALE OF USED VEHICLES

The World Bank Ethiopia Country Office would like to sale used vehicles on competitive bid on AS-IS WHERE IS basis. The World Bank does not give warranty and guaranty for any of its properties being disposed. Interested bidders are therefore invited to submit their bids according to the following bid instructions.

1. Prospective bidders can inspect the vehicles Monday– Friday from 9:00am to 5:00pm at the World Bank compound from April 08 to April 12, 2024.
2. The last day for submission of bids is April 18, 2024, 4:00pm.
3. Bids should be submitted in writing in a form of letter with clear indication of the amount in ETB and signed with full name and address of the bidder including alternate telephone numbers.
4. Bids must be accompanied with bid bond of 5% of the value of the bid amount only in CPO written to the International Bank for Reconstruction and Development (IBRD).
5. Bid winners are required to pay the full amount of the winning price and collect the vehicle within two weeks after they are notified.
6. Bid bonds will be returned to unsuccessful bidders after the winner is identified and awarded.
7. Bid winners are responsible to settle any government taxes and duties as they may be applicable.
8. From and after the date of purchase all risk of loss relating to the purchased Physical Assets are with the purchaser and the WBG has no responsibility or liability whatsoever with regards to such assets.
9. World Bank reserves the right to reject any or all bids.