e-Governance News

Online Auction for Disposable LGUs Assets Proposed in Philippines

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A group of local government is working on an online service that would auction the unused and disposable assets of local government units (LGUs) In Philippines. e-Dispose is a web based service through which local government units can enroll for a fee.

e-Dispose service auctions assets, like unused vehicles and obsolete computers to the public. The eDispose will act as an online market for LGUs who want to sell their unused assets and for private buyers, such as recyclers, searching for quality-yet-inexpensive goods. As an auction facility, buyers and sellers have to register/subscribe for a fee to receive and use services provided by e-Dispose. The web service intends to collect P1,000 to 2,000 from each LGU as an annual subscription fee in return for advertising assets they want to dispose. The web service also earns through commissions. About 10 to 15 percent of the value of the assets auctioned will go to the eDispose service. Around 1,493 municipalities have the same value of disposable assets as San Antonio and Zambales. The group acknowledged that they will require “recognition” from the Commission on Audit for the project to be viable.

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