The UN shall treat Bids for the purchase of Property in the same manner as Submissions for the purchase of goods by the UN. The Bids shall be itemized, and the Property shall be sold to the Bidder offering the best value to the Organisation.

Successful Bidders shall be notified in writing, and items awarded shall be listed in a contractual sale instrument.

Deposits by Bidders
Bidders shall be required to deposit with the submission of any Bid an amount of not less than 10% of the total Bid value. Any deposit exceeding USD 1,000, must be submitted to the UN in the form of a certified check.
			Upon acceptance of a Bid by the UN, the deposit shall not be returned to the Bidder except with the written approval of the Chairperson, Property Survey Board.
			The return of the deposit shall take place after full payment for the goods has been received and the Bidder has completed all contractual obligations.
			All deposits received from unsuccessful Bidders shall be returned with a letter indicating that the Bidder was not successful.