Procurement Manual
Module 13: Property Disposal
 
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  Disposal of Property through Sales - Procedures

The Procurement Officer/Assistant shall issue Solicitation Documents to prospective purchasers, ensuring adequate competition. Generally, the minimum number of bidders should be established using the applicable guidelines. Such Solicitation Documents shall refer to the relevant approved Property Survey Board (PSB) recommendation authorizing disposal through sale. The Property may be sold individually or in lots in order to maximize the return for the UN.

At a minimum, the Solicitation Documents shall include:
a. An itemized list of the Property
b. A complete description of the Property
c. The location of the Property and place of inspection to encourage the potential purchaser to inspect the Property
d. The condition of the Property, (i.e., whether it is damaged, useable, serviceable, in need of repairs, etc.)
e. Reference to the relevant approved Property Survey Board recommendation
 f. Terms of the Bid
g. Date and time of Bid opening
h. A statement that the Property shall be sold on an "as-is, where-is" basis, and without recourse or warranties, express or implied, of any kind
 i. The requirement to deposit, upon submission of a Bid, an amount of no less than ten percent (10%) of the total Bid value, which if such deposit exceeds USD 1,000 must be in the form of a certified check
 j. Time period within which the invoice issued to the successful Bidder shall be settled
k. Time period within which the successful Bidder shall remove the Property
 l. Any other relevant matters

Click here to read about exceptions to Solicitation.

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