Bid #16-S/P-45 (Re-Bid) Surplus Sale of CDBG Buyout Property Located at 515 Oakwood Drive, Houma, LA 70363 Attachment: Forms due from winning bidder within 48 hours - 515 Oakwood Dr.pdf 
Terrebonne Parish Consolidated Government
RFP: 79192273
 

Forward Auction Information
 
Invitation to Bidders
 
   
Notice is hereby given that the Terrebonne Parish Consolidated Government has declared the following property surplus and no longer needed for public purpose pursuant to Ordinance No.  8688 . This property was acquired under the HUD CDBG Buyout Program
 
Bid #16-S/P-45 (Re-Bid)
Surplus Sale of CDBG Buyout Property located at 515 OAKWOOD DR., HOUMA, LA  70363 
LOTS 19, 20 & NORTHEASTERNMOST 5' OF LOT 18 BLOCK 4 ADDEN. #3 ROBERTA GROVE S/D.
 
The above listed property is to be sold via online auction beginning Friday, October 6, 2017 at 8:00 A.M. on http://www.centralauctionhouse.com/rfp.php?cid=65.  Online bids will be received until Monday, October 9, 2017, 10:00 A.M. by the Terrebonne Parish Consolidated Government Purchasing Department.  At 10:00 A.M. the online auction will end.   Subsequent to the opening, the bid/bids will be evaluated by the appropriate party/parties and will be presented to the Parish President for awarding, rejecting, or holding for further advisement and/or evaluation.
 
Bid documents will be posted on http://www.centralauctionhouse.com/rfp.php?cid=65.   To view these, download, and receive bid notices by e-mail, you will have to register with Central Auction House (CAH).  The link for free registration is https://www.centralauctionhouse.com/registration.php.  For information about the electronic submittal process, contact Ted Fleming with Central Auction House at 1-866-570-9620.  Please contact Amanda Porche, Property Clerk at (985) 873-6765 with any questions regarding the bid documents.
 
Evidence of agency, corporate or partnership authority to submit a bid shall be required R.S. 39:1594(C) (4).  The winning bidder shall, within 48 hours of the end of the auction, submit the following:  a Certified Check, Cashier's Check, Money Order or Bid Bond with Power of Attorney (Letters of Credit WILL NOT be accepted) in the amount of twenty percent (20%) of the proposed price made payable to the Terrebonne Parish Consolidated Government.  Failure to do so will result in bid being declared irregular and shall be cause for rejection.  The bid deposit made with the winning bid shall be non-refundable.
 
The sale of subject property shall be "as is?where is” with no warranties whatsoever as to the quality, condition or fitness for its intended use. The purchaser of subject property shall be required to execute and comply with the Acknowledgement of Conditions of Sale for Redevelopment of Mitigation Properties Purchased with CDBG Funds Agreement. 
 
A licensed appraiser has appraised this property at a value of $18,000.00. The HIGHEST qualified bid that meets the minimum $18,000.00 bid price will be the one determined to offer the best advantage to the Parish of Terrebonne.  The Terrebonne Parish Consolidated Government reserves the right to reject any bid for just cause in the best interest of Terrebonne Parish.
 
 
___________/s/ Gordon Dove_____________
GORDON DOVE, PARISH PRESIDENT
TERREBONNE PARISH CONSOLIDATED GOVERNMENT
 
 
ADVERTISE ON:  September 8, 2017 & October 2, 2017                                                    
TO COURIER:  September 5, 2017                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
 
Solicitation Documents Available for Download :


Information:
Listing Creator Username: TPCGSurplus
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Viewing period started: 08-Sep-2017 08:00:00 AM
Realtime bidding starts: 06-Oct-2017 08:00:00 AM
Realtime bidding ends: 09-Oct-2017 10:00:00 AM ( Expired )
Status Forward Auction period
Action: Sign-In to Bid
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Terms:

Realtime Forward Auction
Starting Bid Amount: $18,000.00
Current Winning Bid Amount: $ {current_winning_bid}

My Max Bid Amount: -
Next Minimum Bid Amount: $18,000.00
Time to auction end:
::

Increment Bidding:The increment amount is determined based on the current high bid on the item.

Current Price Bid Increment
$1.00 - $4.99 $0.25
$5.00 - $24.99 $0.50
$25.00 - $99.99 $1.00
$100.00 - $249.99 $2.50
$250.00 - $499.99 $5.00
$500.00 - $999.99 $10.00
$1,000.00 - $2,499.99 $25.00
$2,500.00 - $4,999.99 $50.00
$5,000.00 - and up $100.00
Realtime bids history


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