Notice of Public Auction | Lease of Municipal Properties
The Municipal Government of Bongabon, Nueva Ecija, through its duly authorized Bids and Awards Committee, and pursuant to Sangguniang Bayan Resolution No.315-S-2025 , hereby invites interested and qualified entities to participate in a PUBLIC AUCTION FOR THE LEASE of the following municipal properties: PROPERTIES TO BE LEASED:1. Bongabon Agricultural Trading Center, Livestock and Auction Market, with improvements, with an approximate area of 35,748 square meters (excluding Admin Office);2. Three (3) units – 24-footer six-wheeler closed wing vans;3. Two (2) units – 17-footer six-wheeler aluminum insulated closed vans; and4. Vacant Lots located at Barangay Curva, Bongabon, Nueva Ecija, with a total area of approximately 60,719 square meters, classified as:23,067 sq.m. (long-term lease); and 37,652 sq.m. (subject to early termination when needed by the Municipality). TERM OF LEASE:The lease shall be for a period not exceeding twenty-five (25) years, subject to existing laws, rules, and regulations. Renewal, if any, shall be subject to evaluation and approval by the Municipality. MINIMUM MONTHLY RENTAL (FLOOR BID):PHP 440,000.00 per month, exclusive of applicable taxes, with a 5% rental escalation every three (3) years.Bids lower than the stated minimum rental shall be automatically disqualified. QUALIFIED BIDDERS:Corporations, cooperatives, partnerships, or sole proprietorships duly registered and legally qualified to operate trading, logistics, livestock, and related facilities. AVAILABILITY OF BID DOCUMENTS:The complete Terms of Reference and Draft Contract of Lease may be obtained from the Office of the Municipal Treasurer / Bids and Awards Committee, Municipal Hall, Bongabon, Nueva Ecija, during office hours. DATE, TIME, AND PLACE OF AUCTION:Date: February 04, 2026Time:10:00 o’clock in the MorningVenue: Mayor’s Hall, Municipal Compound, Sinipit, Bongabon, Nueva Ecija The Municipal Government of Bongabon reserves the right to reject any or all bids, waive minor defects, or declare a failure of auction when deemed advantageous to the Municipality. Issued this 14th day of January 2025 at Bongabon, Nueva Ecija. MUNICIPAL GOVERNMENT OF BONGABONBy Authority of Sangguniang Bayan Resolution No. 315-S-2025
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