PART FOUR

SALES

Article (53)

It shall not be allowed to sell the new articles from the stores to individuals or to non-Governmental bodies unless after obtaining the approval of the Minister of Finance.

Article (54)

The following articles may be sold with the approval of the Minister of Finance:-

1)       Articles which are unserviceable.

2)       Articles which are subject to deterioration.

3)       Articles which are no more used.

4)       Articles which are surplus to requirement.

  Article (55)

Subject to the provisions of the preceding two articles, the sale of articles whose value is estimated to be Q.R.300,OOO/- or more shall be conducted through the Central Tenders Committee and those whose value is less than that shall be conducted through the Local Tenders Committee. This is subject to the provisions of this Law and in the manner shown in the following articles.

  Articles (56)

Sales shall, in all cases, be conducted by way of public auction or by sealed envelopes.

Article (57)

A committee shall be formed, by a decision from the Minister of Finance, to inspect the articles intended to be sold and to estimate their value before offering them for sale.

The market prices and the price of previous sales may be sought as a guide for this valuation which shall be considered as a basic value of sale and shall remain confidential.

  Article(58)

The advertisement for the sale of articles shall be conducted in the same manner of advertisement defined in respect of general tenders. The advertisement shall show the articles intended for sale, their details, the date and place fixed for making the auction, and the manner of delivery.

  Article (59) 

Every bidder shall pay in cash, or by a cheque acceptable for payment, a preliminary security. This security shall be a lump sum which shall be defined by the Government body concerned.

Article (60) 

The person to whom the bid is awarded shall pay the value of the articles in whole within seven days as from the day succeeding the date on which his bid was awarded. If he delays without any acceptable excuse the security shall be forfeited. In this case, the competent committee may according to circumstances award the bid to the next bidder in price or advertise again for another bid.

  Article (61)

The person to whom the bid is awarded shall receive the articles sold within fifteen days from the day succeeding the date of settling the price. If he delays without any acceptable excuse he shall pay a demurrage (storage dues) at the rate of 1 % of the value of articles which have not been received per every day of delay for a maximum period of fifteen days. After this date the articles shall be sold by auction at his own expense and the security shall be forfeited and he shall bear all the expenses accruing therefrom.

Article (62)

If the result of the auction did not reach the minimum extent which had been defined by the "Committee of Inspection and Valuation" and the articles offered for sale did not deteriorate by lapse of time, the sale shall be deferred for another sitting which shall be advertised later.

The provisional securities shall be returned to their respective owners immediately after the bid had been awarded. The tenders committee shall, in the next sitting, decide what it finds suitable.