📝 Description
AB "LTG Infra" is selling approximately 43 tons of metal scrap—specifically fasteners—via auction in the Šiauliai region. This lot is offered as miscellaneous property in an initial auction with a starting price of 9030 EUR, excluding VAT. Strict sales conditions require bidders to meet specific criteria. Participants wishing to acquire this large batch of scrap metal must submit documents proving they have paid the required auction participation deposit and demonstrating their competency. A mandatory requirement for participation is compliance with the State Register of Waste Handlers, requiring a digital copy of the relevant document. Bidders must also provide proof they are not undergoing liquidation, restructuring, or bankruptcy proceedings. If bidders are registered in the Register of Legal Entities of the Republic of Lithuania, these checks will be performed using publicly accessible databases at no cost. The security deposit, set at 400 EUR, must be paid into the AB "LTG Infra" account LT21 7300 0101 5917 5126. General sales conditions and the draft agreement are available at doc.ltg.lt/lt/skelbimai/Sutarties projektas (Metalo laužas) Bendras.docx. Payment terms are detailed in the draft negotiation agreement; the price is quoted net of VAT.
❓ Frequently asked questions
What is the starting price for the lot of approximately 43 tons of fastener scrap metal?
The starting price is 9030 EUR, quoted exclusive of VAT.
When does the auction for this property start and when does registration end?
The auction will start on 2025-09-12 09:00:00 and end on 2025-09-15 13:59:59. Registration closes on 2025-09-10 23:59:59.
What is the required security deposit to participate in the auction?
The security deposit is 400 EUR, payable to the AB "LTG Infra" account LT21 7300 0101 5917 5126.
What are the essential requirements for auction participants registering to purchase the scrap metal?
Participants must provide proof of the paid deposit, documentation confirming registration in the State Register of Waste Handlers, and proof that they are not subject to bankruptcy proceedings.
Where can I find more detailed sales conditions and the draft agreement?
More information regarding payment terms, the sale, and the contract is provided at the link: doc.ltg.lt/lt/skelbimai/Sutarties projektas (Metalo laužas) Bendras.docx.
Which organization is organizing this property sale auction?
This auction is conducted by the Joint Stock Company "Lietuvos geležinkeliai" (Company Code 110053842), represented by AB "LTG Infra".