📝 Description
UAB "Kauno vandenys" is holding an electronic auction to sell 1 ton of their owned mixed non-ferrous metal scrap. The starting bid for this lot is set at 4700 EUR. Registration for the auction runs from 2026-03-23 00:00:00 until 2026-03-25 23:59:59. The auction itself takes place from 2026-03-31 09:00:00 until 2026-04-01 13:59:59. While a specific address is not provided, the material is located in Kaunas. The organizer, UAB "Kauno vandenys", is based at Aukštaičių g. 43 LT-44158 Kaunas.
Participants must meet strict waste management compliance requirements. Only companies holding a license for waste management operations or those registered in the State Register of Waste Handlers (ATVR) for collection, transport, storage, or utilization activities are allowed to participate. If a participant is acting only as an intermediary, they must provide a guarantee letter from the scrap metal handler with whom they have a contract. Points 1 and 2 apply to the final handler.
The purchase and sale agreement signed with the auction winner (or a tripartite agreement in cases mentioned under point 3) must have the waste handler register it in the GPAIS system. The transport and accounting for the scrap metal must comply with the provisions regarding the unified accounting information system set out in the orders of the Minister of Environment of the Republic of Lithuania dated December 20, 2013 (No. D1-976) and February 11, 2016 (No. D1-96).
Participation requires a deposit of 470 EUR and a registration fee of 10 EUR. The winner must pay the remaining balance (the winning bid minus the deposit) within 10 calendar days of signing the sales contract. Failure to pay on time invokes the contract terms. Inspection of the property is possible by prior arrangement and must be completed before registration for the auction begins.
Participants must meet strict waste management compliance requirements. Only companies holding a license for waste management operations or those registered in the State Register of Waste Handlers (ATVR) for collection, transport, storage, or utilization activities are allowed to participate. If a participant is acting only as an intermediary, they must provide a guarantee letter from the scrap metal handler with whom they have a contract. Points 1 and 2 apply to the final handler.
The purchase and sale agreement signed with the auction winner (or a tripartite agreement in cases mentioned under point 3) must have the waste handler register it in the GPAIS system. The transport and accounting for the scrap metal must comply with the provisions regarding the unified accounting information system set out in the orders of the Minister of Environment of the Republic of Lithuania dated December 20, 2013 (No. D1-976) and February 11, 2016 (No. D1-96).
Participation requires a deposit of 470 EUR and a registration fee of 10 EUR. The winner must pay the remaining balance (the winning bid minus the deposit) within 10 calendar days of signing the sales contract. Failure to pay on time invokes the contract terms. Inspection of the property is possible by prior arrangement and must be completed before registration for the auction begins.
❓ Frequently asked questions
What is the starting price for the non-ferrous scrap metal at the auction?
The starting price is 4700 EUR.
When does registration close, and when will the auction take place?
Registration ends at 2026-03-25 23:59:59. The auction will be held from 2026-03-31 09:00:00 until 2026-04-01 13:59:59.
What are the required initial payments for participating in this auction?
A mandatory deposit of 470 EUR and a registration fee of 10 EUR must be paid, totaling 480 EUR in initial fees.
What are the main qualification requirements to participate in this metal scrap auction?
Participants must hold a license for waste management operations or be registered in the State Register of Waste Handlers (ATVR) for collection, transport, storage, or utilization activities.
What are the accounting requirements for waste management after winning the lot?
A contract will be signed with the winner, which the waste handler must register in the GPAIS system. Transport and accounting must comply with the orders of the Minister of Environment of the Republic of Lithuania.
How much time is allowed to pay the final price after the contract is signed?
The auction winner must pay the difference between the winning bid and the participant's deposit within 10 calendar days from the date the purchase and sale agreement is finalized.