Kaduna Refining And Petrochemical Company Limited (KRPC)- Invitation To Bid For The Sale Of Obsolete And Scrapped Materials

DEADLINE: 7TH APRIL, 2021 KADUNA REFINING AND PETROCHEMICAL COMPANY LIMITED (KRPC) (A SUBSIDIARY OF NIGERIAN NATIONAL PETROLEUM CORPORATION) KM 16, KACHIA ROAD KADUNA FOR SALE BY SEALED BIDS: SALE OF OBSOLETE AND SCRAPPED MATERIALS

INTRODUCTION Kaduna Refining and Petrochemical Company Limited (KRPC) (A subsidiary of Nigerian National Petroleum Corporation) has some obsolete and scrapped materials that ia intends to dispose of by way of sale to the highest bidder

ITEMS FOR SALE The materials have been grouped into lats and the list of items in each lot are pasted on it.

INSPECTION The items can be inspected as per schedule below Date: 31 March, 2021 Time: 9:00am

KRPC personnel shall be available to guide prospective buyers to the location of the item. Prospective buyers are encouraged to inspect the items before submitting their bids.

BID PROCESS 1 Prospective buyers can bid for one, several or all lots 2 However, the bid for each lot must be in a separate, sealed envelope 3. The bid is to be made an a letter headed paper that contain the name, address, Email and telephone Numbers of the bidder asper the format below

Lot: Bid Amount: N_______________________ (in words:_________________________________)

_______________ ___________________

Name & Signature Company Stamp or Seal

4. The letter headed paper on which the bid is written is then to be put in a sealed envelope and submitted on or before the closing date indicated below

5. The envelops will be opened at the close of bids

6. Sale will be made to the highest bidder of each lot

CONDITION OF SALE a) The items are offered for sale on "as is basis b) Written notification will be sent to the winner (the highest with specific payment instruction)) c) Payment representing 100% of the winning amount must be made to KRPC Within 5 (five) Working days d) Items won and paid for must be evacuated within 1(one) week

CLOSING DATE Submissions are to be made in sealed envelope marked on the top right hand corner "Bid for the Purchase of lot X (state the lot number you are bidding for) NOT later than 12 Noon Nigerian time on 7th April 2021 to :

The secretary KRPC Assets Boarding and Disposal Committee KM, 16 Kachia Road Kaduna Nigeria

DISCLAIMER

All costs incurred in inspection, preparing and submitting the purchase tender shall be at the tenderer's account The final decision an the sale of the items is reserved by NNPC

Signed KRPC MANAGEMENT

Kaduna Refining And Petrochemical Company Limited (KRPC)- Invitation To Bid For The Sale Of Obsolete And Scrapped Materials

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