US EMBASSY AUCTION - SEALED BID SALE RULES
PLEASE READ CAREFULLY and FOLLOW STRICTLY
Bids will be accepted only from 9:00AM until 4:00PM, with a lunch break between 12:00-12:45, on the day of the auction.
A 20% deposit will be required upon submission of sealed bid on the total amount you will be submitting on each lot you wish to bid on. Bids will not be accepted without a proper deposit. No bid(s) will be amended, canceled, or changed after submission.
The U.S. Government reserves the right to reject any old, damaged or worn currency, as well as payment in coin. We also reserve the right to reject any or all bids, or to withdraw bids from sale at any time, including after bids have been submitted.
Use the Sealed Bid Sale Ballot form, available from the auction site, to register your bid. You may bid on any number of items by lot.
Bids must be submitted to the Embassy officials at the bidding window located at Embassy Compound Main CAC on the Benson Street entrance. Please do not give bids or deposits to anyone other than the Embassy officials at the bidding window.
Fill in the bidder form with required information and the amount you wish to bid. The deposit amount will be entered when submitting your Sealed Bid Ballot.
All bids must be in United States dollars (US$). No checks, traveler’s checks or Liberian dollars will be accepted.
This is a sealed bid sale. Do not reveal your bid to other competing bidder(s).
Removal of items is the buyer’s responsibility and at his/her expense. All items in a lot must be removed—no partial lots will be sold, and no items may be left behind from a lot.
A successful bidder must pay in full for all lots won and collect all lots; no bids may be split after a successful bid. For example, if a bidder wins lot #1 and lot #2, the bidder may not elect to purchase lot #1 but reject lot #2. The bidder must pay in full for both winning lots and collect both winning lots, or else reject both lots.
Rejecting a winning bid or failing to pay in full after being announced as a winning bidder will result in forfeiture of deposit for each rejected lot. If you refuse to take the lot after winning the bid, you forfeit all deposits rendered and will no longer be allowed to bid in US Embassy Auctions.
The 20% deposit will not be returned once a winner has been notified and advised to make the balance deposit of the 80% to the bank.
Examine lots carefully against the auction catalogue. Any discrepancies must be noted prior to submission of the bid.
Please inspect ALL items you desire to bid on carefully. All items are sold “as is-where is”.
The highest bid for a lot wins. Winners will be contacted and informed on the status of their bid submission by telephone from the telephone number written on their bid submission.
THANKS FOR PARTICIPATING AND GOOD LUCK!!!
On declaring a winner per lot, the winner MUST deposit the remaining balance of 80% at the following bank on or before April 26, 2023:
The winner must bring the original deposit slip from the bank to the US Embassy and drop it off at the place they drop off their bid form.
The items being offered in this sale are subject to customs duty. The Liberia Revenue Authority (LRA) will be notified of the winning bidders from the auction.
Winner must then proceed to the Liberia Revenue Authority to make tax payment. Duty/Tax fees on bid won must be paid in full directly to the Liberia Revenue Authority (LRA) and original document delivered to the US Embassy. The point of contact at the LRA is :
Mr. Daniel Jaiblai
Manager
Post Clearance Audit Unit
ELWA Junction, Paynesville
0886468995/0770468995
Items will ONLY be released to winners upon payment in full of bid price and proof of fulfillment of all legal obligations (e.g. customs duties).
Unsuccessful bidders will be contacted to collect their deposits on the Tuesday and Wednesday following the sale, between 11:00 AM and 1:00 PM at the US Embassy Main CAC using the Mamba Point, Benson Street entrance. Any deposits not collected at this time will be forfeited.
Keep your bid receipt; failure to present bid receipt may result in forfeiture of deposit if adequate proof of identity and bid are not otherwise available.
Each bid must be submitted by a single individual, with one name on the bid documents. Any joint submissions are the sole responsibility of the bidder(s). The Embassy will conduct business with—and release winning lots to—only the individual listed on the bid document or his/her personal designate.
Please bring the original copy of the Bank's Deposit Slip, and LRA Tax receipt to the U. S. Embassy.
Pease Proceed to the Johansen Warehouse to pick up your winning lot(s).
All lots must be paid in full and collected on the Thursday following the auction between 9:00AM to 4:00PM.
Failure to make full payment and/or collect all items during the prescribed time frame will result in forfeiture of the lot, as well as the 20% deposit.
