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Invitation To Bid For Asset Disposal April 2024 tendering at FINCA Uganda Ltd

Invitation To Bid For Asset Disposal April 2024 tendering at FINCA Uganda Ltd| Apply Now

Are you looking for latest tenders in Uganda 2024? If yes, then you might be interested in Invitation To Bid For Asset Disposal April 2024 tendering at FINCA Uganda Ltd| Apply Now

Expression of Interest

FINCA Uganda

Deadline: 

Thursday, May 9, 2024

About the Organisation (Buyer)

FINCA Uganda is a subsidiary of FINCA Impact Finance and part of a network of 21 microfinance institutions and banks that provide socially responsible financial services that enable low – income individuals and communities to invest in the future. FINCA Uganda currently offers loans, savings and money transfer services in Uganda, one of the most competitive and dynamic microfinance markets in the world.

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Subject of Procurement

Invitation To Bid For Asset Disposal April 2024 tendering at FINCA Uganda Ltd

Tender Details

Invitation To Bid For Asset Disposal April 2024 tendering at FINCA Uganda Ltd

 

INVITATION TO BID FOR ASSET DISPOSAL APRIL 2024

FINCA Uganda Ltd (MDI) is seeking interested bidders for the disposal of assets, comprising Generators, motorcycles, furniture, computers, and laptops etc, situated across its nationwide branches, with the majority located at the main stores in Ben Kiwanuka branch. The assets will be sold on an "AS IS WHERE IS" basis and FINCA Uganda Ltd (MDI) will have no further liability after the goods are sold. Access to the complete asset list is available upon payment of a non-refundable fee of UGX 50,000 for assets located at Ben Kiwanuka stores and Head Office. Notable assets for sale include Yamaha motorcycles, generators, furniture, and computer-related items. FINCA Uganda Ltd (MDI) reserves the right of admission.



Successful bidders are required to submit a non-refundable commitment fee equal to 10% of the bid price within 72 hours of notification. The full payment must then be settled within one week. Upon full payment, bidders can proceed to collect their assets. Only successful bidders will receive a notification. Should the successful bidder fail to complete payment, the second-highest bidder will be contacted, following the same procedure. Failure to settle the full amount by the end of the first week will result in forfeiture of the 10% commitment fee.

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The viewing period for the items will take place from April 23 to May 7th, 2024, between 2:00pm and 4:00pm, Monday through Friday. For Viewing, please contact the FINCA Uganda Administration team after providing proof of payment of the non-refundable fee. Payments should be made at any of our branches across the network. Please note that viewing of these assets is not permitted on Saturdays, Sundays, or public holidays. The deadline for bid submission is May 9th, 2024 at 4:00 PM EAT.


Bid Submission: Sealed bids must be submitted to FINCA Uganda Head Office on Plot 11B, Acacia Avenue, Kololo Kampala clearly marked "APPLICATION FOR DISPOSAL OF ASSETS APRIL 2024." For participants located outside Kampala, please submit bids to the Branch Operations Supervisors across the FINCA Uganda network.


For any further enquiries, contact. FINCA Uganda Administration, Phone +256 312 232300/+256 776 352 444 Email: emily.abitegeka@fincaug.org and copy in francis.turinawe@fincaug.org

FINCA Uganda Ltd (MDI) is regulated by Bank of Uganda, all deposits are protected by the Deposit Protection Fund of Uganda up to UGX 10 million.

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Tender Documents

Click on the link below to download a copy of the detailed tender 

documents.

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