Seize the opportunity: Premium construction equipment auction by SBI International Holding AG Kenya

SBI International Holding AG, a leader in civil engineering and infrastructure development, is hosting a public auction for high-quality used construction machinery and equipment. This unique event offers a rare chance for interested buyers to acquire top-tier machinery. Here is what you need to know:

Auction Terms and Conditions

1. AS-IS, WHERE IS Basis: All assets are sold in their current condition and location without any warranties.
2. Bidder Registration and Security Deposit: Interested bidders must register and submit a refundable bid security deposit of 15% of the total bid value for each asset. Deposits are payable at SBI Offices.
3. Duty Charges: Bidders are responsible for applicable duty charges. Estimated charges are indicative; bidders should verify these with the Kenya Revenue Authority (KRA) before the auction.
4. Viewing Arrangements: Prospective bidders can arrange to view the auction assets at their respective locations. A refundable fee of Sh100,000 is required for a general viewing visit. Site visits are available during business hours on weekdays and until midday on Saturdays. Visits must be scheduled in advance via email at sbi@sbi-kenya.co.ke or by calling 0711053500.
5. Tax Assessment and Bond Release: The disposing client must engage with KRA for tax assessment and bond release before asset release.
6. Ownership Transfer Costs: Bidders are responsible for all costs associated with the transfer of ownership of the assets.
7. Further Terms and Conditions: Additional terms will be provided in correspondence with interested bidders.
8. Bid Submission Deadline: Bids will be accepted at our offices along Gitanga Road, Opposite First Assurance, in Nairobi up to June 30, 2024.

About SBI International Holding AG

SBI International Holding AG is renowned for its impact on infrastructure projects worldwide, including regions in West Africa, East Africa, Central America, and South America. Known for its innovative approach to civil engineering, quality delivery, and commitment to sustainability and compliance, SBI continues to set industry standards.

Key Highlights of SBI’s Impact and Commitment:

• Sustainability: Promoting sustainable development, mitigating its ecological footprint, and creating shared value for all stakeholders.
• Safety: Ensuring the construction of quality buildings and infrastructure that enable users to lead healthy and sustainable lifestyles.
• Compliance: Adhering strictly to anti-bribery and anti-corruption policies, taking a beyond-compliance approach.
• Growth: Fostering an organizational culture of innovation, excellence, efficiency, and challenging thinking.

Values That Drive SBI’s Success Globally:

• Excellence: ISO-certified for upholding the highest safety and quality standards, driving continuous improvements for superior results.
• Quality of Life: Bringing value to local economies through education, training, and developing the technical skills of community members.
• Inclusivity: A diverse global staff and commitment to achieving a rich mixture of backgrounds in local hiring.
• Flexibility and Resourcefulness: Adjusting systems to maintain operations through political, social, or economic fluctuations.
• Efficiency: Self-sufficiency with all necessary resources to work quickly and productively, ensuring project completion on time.
• For more information about the auction and SBI’s services, email sbi@sbi-kenya.co.ke or call 0711053500. Don't miss this exclusive opportunity to acquire premium construction equipment from a trusted industry leader.