Kaduna State Government- Invitation To Bid And Guidelines For The Public Auction Of State Government Residential Quarters To The General Public (405 Lots)

KADUNA STATE GOVERNMENT
INVITATION TO BID AND GUIDELINES FOR THE PUBLIC AUCTION OF STATE GOVERNMENT RESIDENTIAL QUARTERS TO THE GENERAL PUBLIC

In pursuance of the Housing Policy of the Kaduna State Government, KDSG has granted approval for the sale of the following non-essential residential quarters.

All interested purchasers are advised to contact their bankers and/or any Private Mortgage institution for a facility.

To this end, the public auction of these residential quarters will proceed as follows;

BIRNIN GWARI L.G.A.

KACHIA L.G.A.

IKARA LGA.

SOBA LGA.

LERE LGA. (SAMINAKA)

JAMA’A LGA.

ZANGON KATAF LGA.

JABA LGA.

KAURA LGA.

SANGA LGA

ZARIA LGA

KADUNA SOUTH LGA

KUBAU LGA

To this end, the public bidding of the houses will proceed as follows:

(A) Application Process:
(i) The application process starts when the payment terms and submission conditions, as listed below are complied with.

(a) Completion of Application Form, attached with receipt of proof of payment of N10,000.00 processing fee payable to Zenith Bank PLC, in favour of Kaduna State Government Sale of Government Houses, along with the following:

(b) Letter of Appointment into public office OR Certificate of Election, Letter of allocation of quarters by an Appropriate Authority and high resolution colour Passport Photograph for individual interested buyers.

(c) Tax Clearance Certificate for last three years, Certificate of incorporation, Memorandum and Article of Association for companies, and a passport photograph for individual applicants.

(d) Interested buyers are to indicate their bid amount as only persons with the best bid amount will be declared winners.

(ii) Duly completed Application Forms attached with the receipt must be submitted to:

The Ad-Hoc Secretariat of the Committee on the Sale of Non-essential Government Residential Quarters in Kaduna State, General Hassan Usman Katsina House (State House), Kawo, Kaduna. www.kdsg.gov.ng

(iii) The submitted form shall be promptly acknowledged and issued with a serial number and a copy of such acknowledgement is returned to the Applicant.

(iv) Sale of the houses is on as-is basis and, as herein advertised, is OPEN TO ALL KADUNA STATEE RESIDENTS AND INCORPORATED ASSOCIATIONS.

(v) Each applicant shall be entitled to purchase only one residential unit.

(B) Bidding/Auction Process
The bidding/auction process will be conducted strictly in conformity with the following procedure:

(i) All houses occupied by public servants will be sold in an Open Auction whereby all residents of Kaduna State shall be given equal opportunity. A simple Auction system by way of competitive bidding shall be employed. All bids must be submitted with a bid bond by way of bank draft equal to 10% of bid value. All bids without a bid bond stand disqualified.

(ii) The highest bidder shall be automatically declared as the preferred bidder, along with the second highest bidder as the reserved bidder; with their bid bonds being retained and treated as nonrefundable 10% deposit. All other bid bonds shall be returned (un-cashed) to unsuccessful bidders(s).

(iii) By Monday, 1 August, 2022, a copy of the previously processed Application Form with the acknowledgment stamp and serial number clearly visible is to be used by interested bidders to submit their bids in the public Auction.

(iv) The bid (consisting of a duly completed signed and processed general Application Form AND 10% bid bond by way of bank draft) must be enclosed in a sealed envelope and submitted to:

Committee on the Sale of Non-essential Government Residential Quarters in Kaduna State, General Hassan Usman Katsina House (State House), Kawo, Kaduna; not later than 12 noon on Monday, 1 August, 2022. The bids on each housing unit will be opened immediately at:

The Conference Hall,
Ministry for Local Government Affairs,
Yakubu Gowon Way, Kaduna.

(C) Evaluation Process
(i) All bids on each housing unit will be opened in public on the same day beginning at 12:00 noon and the bid values will be read-out in public.

(ii) The preferred bidder will be determined by a simple evaluation of the highest bid submitted and the winning bid will be declared in public. The winning bidder will be given fourteen days to indicate acceptance and the bidder’s bid bond will immediately become a 10% non-refundable deposit towards the purchase of the property.

(iii) The second highest bidder will become the reserve bidder and the bidder’s bid bond will be retained until the expiration of the fourteen days given to the winning bidder.

(iv) If the winning bidder fails to indicate acceptance by way of writing acceptance letter within the fourteen days period, the reserve bidder will be declared the winner.

(v) If the winning bidder indicates acceptance within the period, the bid bond of the reserve bidder will be returned un-cashed.

(D) Mode of Payment
(i) The bid bond of the winning bidder will automatically become the 10% non-refundable deposit towards the purchase of the property.

(ii) Payment of 90% of purchase price (including 10% non-refundable deposit) must be made to the Kaduna State Government within 30 – days of being declared a winner.

(iii) Each purchaser will be given custody of the original C of O issued by the Kaduna State Government with his/her picture or RC number scanned thereon upon full payment of the purchase price of the housing unit.

(iv) All transaction charges shall be from the account of the purchaser.

(v) If a purchaser fails to comply with the payment terms, the non-refundable deposit (being 10% of the purchase price) will be forfeited to the Kaduna State Government, the contract of the sale of the housing unit shall be rendered null and void and the house declared unsold. Any payment more than the 10% non-refundable deposit shall be refundable less any administrative costs.

(vi) Where the highest bidder fails to comply with the terms of sale, the bid bond will be forfeited, and the second highest bidder (reserve bidder) shall be invited to complete the transaction.

(vii) The reserve bidder’s deposit shall be refundable with interest at Treasury Bill Rate + 1% if the highest bidder completes transaction.

(viii) If the reserve bidder fails to comply with the terms of sale, the bid bond shall also be forfeited.

(ix) Subject to the implementation of the subsequent payment terms and conditions as specified in paragraphs above, the winning bidder will take possession of the property immediately upon completion of full payment being 100% of the bid offer amount.

NOTE: The Kaduna State Government at its sole and absolute discretion reserves the right to withdraw all property hereby advertised.

Secretary,
Committee on the Sale of Unsold Government
Residential Quarters in Kaduna State