📝 Description
AB LTG Cargo is offering approximately 4 tons of cast iron scrap for auction in Radviliškis. The starting price is 840 EUR, excluding VAT. A security deposit of 30 EUR is required. Bidders must provide proof of payment for the auction fee, a digital copy of their registration in the State Register of Waste Handlers, and documentation confirming they are not subject to liquidation, restructuring, or active bankruptcy proceedings. Bidders registered in the Lithuanian Register of Legal Entities do not need to submit these documents, as the information will be verified publicly. The security deposit must be paid to AB "LTG Cargo" at account IBAN: LT57 7300 0101 5725 9989. The draft contract is available for review via the provided link.
❓ Frequently asked questions
What is the starting price and the weight of the offered cast iron scrap?
The starting price is 840 EUR. The offered quantity is approximately 4 tons of cast iron scrap.
When are the registration and auction dates?
Registration starts on 2025-10-27 00:00:00 and ends on 2025-10-28 23:59:59. The auction starts on 2025-10-30 09:00:00 and ends on 2025-10-31 13:59:59.
What is the security deposit and how is it paid?
The security deposit is 30 EUR. The deposit must be paid to AB "LTG Cargo" at account IBAN LT57 7300 0101 5725 9989.
What documents must the participant submit?
Participants must submit: 1) proof of payment of the auction participant fee; 2) proof of registration in the State Register of Waste Handlers (digital copy); 3) documents confirming the participant is not being liquidated, restructured, or subject to bankruptcy proceedings outside of court (digital copy). Legal entities registered in the Register of Legal Entities of the Republic of Lithuania are exempt from submitting these documents.
Where is the asset located and is the price shown including VAT?
The asset is located in Radviliškis. The listed price is exclusive of VAT.
Where can I find the draft contract?
The draft contract can be viewed at the link provided: http://doc.ltg.lt/lt/skelbimai/Sutarties%20projektas%20(Metalo%20lau%C5%BEas)%20Bendras.docx