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The SUGAR REGULATORY ADMINISTRATION (SRA) will dispose all unserviceable properties
listed below through public auction on an “as is, where is” basis on June 16, 2010, 9:00 a.m. at
the SRA Training Center, Bacolod City. Interested parties are invited to inspect these properties
at SRA-Bacolod City and La Granja, La Carlota City Compounds.
1. Interested parties are requested to secure copies of Bid Forms from the Property and
Procurement Section of SRA–Bacolod.
2. Bids will be received and opened in the presence of the attending bidders or their
authorized representatives at the SRA-Bacolod Training Center on June 16, 2010.
Registration will start at 8:30 a.m.
4. The SRA shall conduct first, second and third round auction type of bidding to secure
maximum bids in favor of the government.
5. Public auction will be declared a failure if there is only one offeror and if all the
offers/tenders are non-complying or unacceptable.
6. After receipt of the Notice of Award, the winning bidder may claim and withdraw the
property after the bid price is fully paid as evidenced by an official receipt and the
necessary Gate Pass has been duly approved.
8. Claims shall be made within the period stated in the Notice of Award. Failure on the part
of the awardee to claim the property within the stipulated period shall have the effect of
cancellation of the award/contract. The awardee shall then be charged storage fees and
other incidental fees/costs or damages. If the property remains unclaimed over a
prolonged period of time, ownership of the contracted/awarded property shall
automatically revert to the government.
10. SRA reserves the right to reject any or all of the tenders.