Pursuant to the provision of Section 1139 of the Customs Modernization and Tariff Act (CMTA) of the Philippines, in relation to CAO 10-2007, as amended by CAO 03-2020, and other relevant Customs Memorandum Orders, there will be a Public Auction Sale through Sealed Bidding to be conducted by the Auction and Cargo Disposal Division, Port of Cebu, on:
Public Auction : DECEMBER 21, 2021
Opening of sealed bids : 10:00 A.M.
Place : Conference Room, Second Floor, Cebu Customs House
The goods shall be available for viewing within working hours prior to the day of the Public Auction, at the CIP Holding Area, Cebu City
In the event a failed bidding is declared, the item or sale lot shall be referred to the Committee on Negotiated Sale if applicable or re-offered after five (5) calendar days upon publication in the official website and/or social media page of the Bureau, and posting in a conspicuous place of the Port, or in case of perishable goods, the second auction shall be conducted after three (3) calendar days from posting.