Standard Chartered Disposal of Motor Vehicle
Bids are invited for the purchase of the following motor vehicle on as is where is basis
Make: Jeep Grand Cherokee V6 (3600CC)
Type: Sports Utility Vehicle
Year of Manufacture: 2014
Odo Reading: 29419km
Color: Metallic Grey
The current valuation of the vehicle is KES 8, 260,000.
The vehicle can be viewed at Standard Chartered @Chiromo, 48 Westlands Road on the following dates and time as specified below:
- Monday, 25th January 2016 to Friday, 29th January 2016 from 9.00am to 3.00pm
- Monday, 1st February 2016 to Wednesday, 3rd February 2016 from 9.00am to 3.00pm
Bids should be placed in sealed envelopes containing details of the bidder and bid price.
The sealed envelope should clearly indicate “PURCHASE OF JEEP GRAND CHEROKEE” addressed to the undersigned.
Head of Property, Kenya & East Africa
Standard Chartered Bank Kenya Limited
P. O. Box 30003-00100
Bids should be delivered to the reception at Standard Chartered @Chiromo, 48 Westlands Road by 5.00pm Thursday, February 4, 2016
A refundable bid bond of 5% of the bid price to be provided in the bid envelope in form of bankers’ cheque in favour of Standard Chartered Bank Kenya Limited.
This amount will be refunded to the unsuccessful bidders while it is considered as the down payment to the successful bidder.
The successful bidder will be required to pay the balance of the purchase price within 5 days upon notification and take away the vehicle not later than 5 days upon payment.
Successful bidders who fail to comply with the above requirement will be disqualified.
The Bank reserves the right to accept or reject any bid, and to annul the bidding process and reject all bids at any time prior to the award, without thereby incurring any liability to the affected bidder(s) or any obligation to inform the affected bidder or bidders of the grounds for the Bank’s action
Standard Chartered Bank Kenya Limited is regulated by Central Bank of Kenya