Under the supervision of Global for Expertise and Valuation, A sealed-bid auction is being held for the sale of a large collection of surplus office furniture and equipment from a major international entity. Items include air conditioners, meeting tables, file cabinets, leather chairs, electrical appliances, and large-scale curtain units. All items are in excellent working condition. The sale will follow a sealed envelope system, complemented by an online auction session to ensure transparency and selection of the best offer.
Auction Overview:
Auction Type: Sealed-envelope bidding system and online session.
Auction Date: Tuesday, June 3rd, 2025.
Last Offer Submission: Monday, June 2nd, 2025, 4:00 PM
Participation Terms:
Auction booklet Cost: 500 EGP (non-refundable)
Security Deposit: 50,000 EGP via bank deposit (returned if not awarded)
Winning Payment: Full Payment for the awarded lot must be made within 24 hours
of receiving the award notice.
Auction Rules:
Offers must be submitted in sealed envelopes.
National ID
The seller has the full right to accept or reject offers without justification.
No offers based on percentages or installment plans will be accepted.
The highest bidder must handle logistics (loading, transport) and environmental/safety regulations.
All applicants must sign legal declarations that they:
Accept the conditions.
Have a Preview of the lot.
Accept the results of the online bidding session (if held).
