SALE OF PROPERTIES BY TENDER

Pursuant to instructions given to us by our Principal, NMB BANK PLC of Ohio/Alli Hassan Mwinyi Street, P.O. Box 9213, Dar es Salaam, WE HEREBY NOTIFY the general public that, we shall sell by tender, the Bank mortgaged properties all in one Lot, the details of which is described herein below.

TERMS AND CONDITIONS OF TENDER:

Interested tenderers are advised to get further information of the Properties for Sale from the office of BANI
Investment Limited at LIDA Building, Nkrumah Street, third floor room 0313, Dar es Salaam. Contact Telephone Nos: 0713 224 578, 0747 000038 or E-mail:[email protected]
Interested bidders should make their bid in one lot not as separate lot
Inspection and search reports of the properties are to be conducted by interested tenderers before submission of the bids for purchase of the properties.
Deadline for submission of the bid documents shall be on Tuesday 28th day of February 2023 at 10:00 a.m.
Tenders shall be opened at office of BANI Investment Limited at LIDA Building, Nkrumah Street, third floor room 0313, Dar es Salaam on Tuesday 28th, day of February, 2023 at 10:30 a.m before all tenderers.
All interested tenderers are highly invited to attend the tender opening committee.
Telegraph, faxes, electronically mailed and late submission of bid documents shall not be accepted.
The bid document should be in the plain envelope with the outer cover clearly marked “TENDER NO.BANI/ NMB/2023/01 FOR PURCHASE OF PROPERTIES” and addressed and delivered to Bani Investment Limited, Lida Building, third floor, room no. 0313, P .0. Box 71340, Dar es salaam.
The winner of the tender shall deposit 25% of the bid price after being declared and announced as the successful winner of the tender.
If the successful winner fails to pay the remaining 75% of the bid amount within the specified fourteen days after award from the bank, the initial deposited amount will be forfeited and the properties resold by new tender after fresh notification.