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COMMERCIAL BANK OF ETHIOPIA has floated a tender for Public auction to sell mortgaged commercial property located in Adama City. The project location is Ethiopia and the tender is closing on 21 Apr 2025. The tender notice number is , while the TOT Ref Number is 131247851. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.
Procurement Summary
Country: Ethiopia
Summary: Public auction to sell mortgaged commercial property located in Adama City
Deadline: 21 Apr 2025
Other Information
Notice Type: Tender
TOT Ref.No.: 131247851
Document Ref. No.:
Financier: Self Financed
Purchaser Ownership: Public
Tender Value: ETB 44186002.41
Purchaser's Detail
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Login to see detailsTender Details
The Commercial Bank of Ethiopia is conducting a public auction to sell mortgaged commercial property located in Adama City, Denbela District, specifically a commercial building. The auction starting price is set at 44, 186, 002.41 Birr. Bidders must deposit 1/4 of the auction starting price with a Certified Payment Order (CPO) to participate. The auction will take place at the bank's new head office on the 42nd (Ground) Floor, Office No. 4203, on April 21, 2018, from 3:00 AM to 4:00 AM. Successful bidders will be responsible for paying 15% VAT on the sale price and all related government fees and taxes. They must also take possession of the property within 15 days of payment.
Documents
Procurement Documents for Ethiopia
Access a comprehensive library of standard procurement documents specific to Ethiopia. Here, you'll find all the essential forms, guidelines, and templates required for tender applications and submissions in Ethiopia
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