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Invitation No. 3002813INVITATION TO BID Project Name: DATE ISSUED:SALE OF SURPLUS PROPERTY AT 3067 CHESTNUT STREET February 12, 2013Submit bids in One (1) original and Two (2) sealed duplicate copies* *
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Sale of surplus property refers to the disposal of assets or properties that are no longer needed or useful for an organization.
Government agencies, educational institutions, and other organizations that have surplus property are required to file sale of surplus property.
To fill out the sale of surplus property, the organization must provide details about the property being sold, including description, value, and reason for disposal.
The purpose of sale of surplus property is to remove excess assets from an organization's books and generate revenue.
Information such as description of the property, sale price, date of sale, and any applicable taxes or fees must be reported on the sale of surplus property.
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