📝 Description
Metal pipes wrapped in thermal insulation material are available for auction in Kaunas. This unique asset, identified by ID 70127, is offered at a starting price of 8800 EUR (excluding VAT). The auction runs from 2025-08-18 09:00:00 until 2025-08-19 13:59:59. Registration for participation opens on 2025-08-11 00:00:00 and closes on 2025-08-12 23:59:59.
Inspection is scheduled for weekdays from Monday to Thursday between 7:30 and 16:30, and on Fridays from 7:30 until 14:00. Contact in advance to arrange a specific inspection time.
Financial conditions include a non-refundable registration fee of 100 EUR. A guarantee deposit of 5000 EUR is required; for the winning bidder, this serves as contract performance security. The total starting price excluding VAT is 8 800,00 Eur, with a minimum price increment of 88,00 Eur.
Specific requirements apply to auction participants. Participants must be legal entities registered under Lithuanian laws and without pending bankruptcy or restructuring proceedings. They must also be included in the Waste Management Agency state register, maintain accounting via GPAIS system, and have the right to accept scrap metal under code 17 04 05. Required documents include proof of registration fee payment, an extract from the legal entities register, business license, and confirmation of waste management agency registration (digital copy).
The winning bidder must sign the purchase agreement within 5 working days of receiving the invitation. The remaining balance (excluding the deposit) must be paid within 3 working days after signing the contract. The asset removal deadline is 20 calendar days from the date of contract signing.
Inspection is scheduled for weekdays from Monday to Thursday between 7:30 and 16:30, and on Fridays from 7:30 until 14:00. Contact in advance to arrange a specific inspection time.
Financial conditions include a non-refundable registration fee of 100 EUR. A guarantee deposit of 5000 EUR is required; for the winning bidder, this serves as contract performance security. The total starting price excluding VAT is 8 800,00 Eur, with a minimum price increment of 88,00 Eur.
Specific requirements apply to auction participants. Participants must be legal entities registered under Lithuanian laws and without pending bankruptcy or restructuring proceedings. They must also be included in the Waste Management Agency state register, maintain accounting via GPAIS system, and have the right to accept scrap metal under code 17 04 05. Required documents include proof of registration fee payment, an extract from the legal entities register, business license, and confirmation of waste management agency registration (digital copy).
The winning bidder must sign the purchase agreement within 5 working days of receiving the invitation. The remaining balance (excluding the deposit) must be paid within 3 working days after signing the contract. The asset removal deadline is 20 calendar days from the date of contract signing.
❓ Frequently asked questions
What is the starting price for this metal pipe auction with thermal insulation?
The starting price for this asset is 8800 EUR excluding VAT.
When will this other asset auction in Kaunas take place?
The auction runs from 2025-08-18 09:00:00 until 2025-08-19 13:59:59.
What additional fees must participants pay?
The participant registration fee is 100 EUR (non-refundable), and a 5000 EUR guarantee deposit is required.
When can I inspect the metal pipes for sale?
Inspection takes place on weekdays, Monday-Thursday from 7:30 to 16:30, and Friday from 7:30 until 14:00. Advance agreement is necessary.
What are the main requirements for legal entity auction participants?
Participants must be a registered legal entity, included in the waste management agency register, maintaining accounting via GPAIS system, and having rights to accept scrap metal under code 17 04 05.
How much time is allocated for contract signing and asset removal after winning?
The contract must be signed within 5 working days. The asset removal deadline is 20 calendar days from the date of contract signing.