AUCTION SALE OF CANTILAN BANK, INC. FIXED ASSETS  

The Cantilan Bank, Inc. Bids and Awards Committee invites interested bidder/s to bid fixed assets owned by the Bank of the following: 

I. INTERESTED BIDDERS ARE REQUESTED TO SUBMIT THEIR BIDDING     QUOTATIONS (SEALED) TO THE LOGISTICS AND SUPPORT SERVICES DEPARTMENT AT THE ABOVE ADDRESS, AND THEREAFTER DROPPED IN THE PADLOCK BID BOX THEREAT NOT LATER THAN JUNE 28, 2011. PUBLIC OPENING OF BIDS SHALL FOLLOW IMMEDIATELY THEREAFTER. LATE BIDS SHALL NOT BE ACCEPTED. 

II.     BID BOND IS REQUIRED IN THE FORM OF CASH OR CHECK EQUIVALENT TO 10% OF THE TOTAL BID PRICE IN FAVOR OF CANTILAN BANK, INC. 

III.    HIGHEST BIDDERS WIN. 

IV.      CANTILAN BANK, INC. RESERVES THE RIGHT TO ACCEPT OR REJECT ANY OR ALL BIDS, TO ANNUL THE BIDDING PROCESS, DECLARE FAILURE OF BIDDING AT ANY TIME PRIOR TO CONTRACT AWARD WITHOUT THEREBY INCURRING ANY LIABILITY TO THE AFFECTED PARTIES. 

V.        FOR MORE INFORMATION, INQUIRIES PLEASE CALL TELEPHONE # (086) 212-5055-56.