BOC expects P28-M revenue after the bidding of abandoned, forfeited goods in 2 ports

  • The Bureau of Customs expects P28 million in revenue after the bidding of abandoned and forfeited goods
  • BOC is expected to bid shipped goods in the Port of Manila and in the Port of Davao
  • The auction will be done through sealed bidding at 10 a.m. on Aug. 17 and 24 in Manila and Davao, respectively

The Bureau of Customs (BOC) estimated some P28,214,350 in revenue after the bidding of shipped goods that are either abandoned or forfeited in favor of the government; which will be held in two major ports in the country this month.

“The amount is expected to be generated from the public auction sales to be done through sealed bidding at 10:00 am on 17 and 24 August in the Ports of Manila and Davao, respectively. The public auction sale is pursuant to the provisions of Section 1139 to 1150 of the Customs Modernization and Tariff Act, in relation to Customs Administrative Order 10-2007, and other relevant Customs Memorandum Orders,” the BOC said in a statement.

In the Port of Manila, the BOC is eyeing an estimated P13,139,292.48 from bidding out various goods inside containers parked in 10 lots in the port area. The items up for auction include a used 1997 Starex RV, a used 1997 Starex SVX; a used 2010 Chrysler Jeep Commander; assorted steel flanges; steel elbow; four TLD conveyor belt loaders; and a copper tube and polyurethane foam. Also for sale are plywood of assorted sizes, all pegged at a floor price of P 4.2 million.

Meanwhile, in the Port of Davao, the BOC is estimating a revenue of P15,075,058 upon the auction sale of various merchandise found in containers in 15 lots of the port. The items up for bidding include a used Hyundai 10-wheeler dropside truck; a 2003 Mini Cooper; used 2003 Nissan 3502; a 2006 Land Rover; a 2003 Hummer H2; a 2014 Cadillac-CTS; steel pipes; used replacement truck parts; sacks of PET drinking water container; and pre-engineered building steel.

Interested bidders may call the Auction and Cargo Disposal Division in Manila at (02) 705-6077 or 528-6000 local 459, and in Davao at (082) 235-1085 for further details.