Section 1013.34. Notice of medallion sale by the Authority

Notice of a proposed sale of a medallion by the Authority will be published in the Pennsylvania Bulletin 60 days or more before the sealed bids are due from bidders. The notice will include:

(1) The date and time on which bids are due.

(2) The location where bids are due.

(3) The number of medallions to be sold.

(4) Special restrictions that have been attached to a medallion. Restrictions will be identified and linked to the medallion number identified in the public notice.

(5) The upset price for each medallion.

(6) The maximum number of medallions a bidder may purchase at each public bidding session.

(7) The mandatory closing date.

Notation

Cross References

This section cited in 52 Pa. Code § 1013.35 (relating to procedures for bidding); and 52 Pa. Code § 1013.36 (relating to bid opening).