Raytheon Technical Services Company

REFERENCE: (Group/Org) ___RTSC______SURPLUS SALE NO. ______27-007______

INVITATION TO BID START DATE: JULY 5TH, 2007

Raytheon Technical Services Co. hereby invites the holder to bid for the purchase and removal (at the Bidder's sole expense) the property listed below, subject to the Terms and Conditions set forth herein, including the GENERAL SALE TERMS AND CONDITIONS printed on the reverse hereof and any special terms and conditions attached hereto.

Sealed bids will be accepted up to (Time and Date) ____11:30AM, _JULY 16TH 2007______ at Raytheon Technical Services Co., (Address) ___1253 E. Artesia Blvd., Carson, CA 90746____________

Attn: _Jeremy Tatum ______Surplus Sales, _____27-007____________

Bids will be opened in the office of the undersigned at (Time and Date) 12 noon, JULY 16TH , 2007

Written bids only will be accepted and no Bidder should consider himself/herself successful until notified of award by this office in writing.

PLEASE USE THE ENCLOSED ENVELOPE. BIDDERS ARE INVITED TO ATTEND THE BID OPENING.

ITEM NO. /
DESCRIPTION OF PROPERTY /
QUANTITY / UNIT OF
MEASURE / PRICE BID
PER LOT

USED

Computers, Test, & Plant Equipment, 74 LOTS BID ON ATTACHMENT

Furniture, Etc.,

(CATALOG ATTACHED..WHEN FAXING BIDS PLEASE FAX THIS SHEET AND BID SHEETS ONLY DO NOT FAX CATALOG)

* * *BIDS MAY BE FAXED TO: SALE 27-007 AT 310-884-1823 FOR THIS SALE * * *

Bids received after acceptance time and date noted above will not be considered NO EXEPTIONS. In case of equal bids, earliest bid received will take precedence.

Bidders are urged to inspect the above described property between __7__ a.m. and __11__ a.m. AND 12 noon thru 2:00pm Monday through Friday at 1253 E. Artesia Blvd., Carson CA 90746. Please be advised all property is USED and sold on an “AS IS” basis.

LAST DAY PROPERTY MAY BE INSPECTED 2:00pm FRIDAY JULY 13TH ,2007.

Failure to pay and remove winning lots within the given 5 days constitutes termination of this contract for cause by seller (RAYTHEON COMPANY) penalties will be enforced as follows:

1st infraction - not eligible to bid on next (1) consecutive bid sale

2nd infraction - not eligible to bid on next (2) consecutive bid sales

3rd infraction - removal from bidders list for 12 consecutive months, your company will be reviewed and considered for reinstatement there after.

Full payment must be made before or at the time of the removal of the property, unless credit arrangements are made as provided in the GENERAL SALE TERMS AND CONDITIONS.

Additional sale information may be obtained from our sales representative.

Telephone: ____310-884-1812______JEREMY TATUM 7/3/2007

Authorized Representative—Raytheon Technical Services Co.

NOTE: Submit one signed copy DATE

In compliance with the above invitation and subject to special conditions and to the GENERAL SALE TERMS AND CONDITIONS on the reverse hereof (which has been read and understood), the undersigned offers and agrees, if this bid be accepted within twenty (20) calendar days after the above specified bid opening date, to purchase the items described above upon which prices are quoted, at the price set opposite each item. I certify I am not a Raytheon Co. employee or associate.

Company Name:______E-Mail:______

Address ______Fax No.: ______

City ______Zip ______Name of Bidder ______

(Please Print)

Telephone ( ) ______

Resale Permit No. ______Signature ______

(If being purchased for resale) (Bid MUST be signed)

GENERAL SALE TERMS AND CONDITIONS REFERENCE: (Group/Org) __RTSC __ SURPLUS SALE NO. __27-007 ____
1. The bidder certifies that he /she is neither an employee of Raytheon Company nor an immediate member of the household of a Raytheon Company employee. The bidder further certifies that one or more employee(s) of Raytheon Company do not own a controlling interest in the bidder’s business.
2. INSPECTION: In no case will failure by a Bidder to inspect the property constitute grounds for any refund adjustment, or claim or for the withdrawal of a bid after bid opening date.
3. BIDS: Raytheon Company reserves the right to reject any or all bids, or any part thereof, to waive any technical defects in bids, and, unless otherwise specified by Raytheon Company, or the Bidder, to accept any one item or groups of items in the bid. Unless otherwise specified, bids may be submitted on any or all items. In case of error in the extension of prices in the bid, unit prices will govern. Each bid shall remain firm and irrevocable for the period of ten (10) calendar days after the bid opening date. Raytheon Company reserves the right to withdraw any or all items from sale.
4. NO WARRANTY: Raytheon Company makes no warranty, guaranty, or representation, expressed or implied, with respect to the property described herein, including, but without limitation, no warranty, guaranty or representation with respect to the quality, kind, character, condition, or description of such property, and no warranty, guaranty or representation with respect to the suitability of such property for any use by any purchaser. All property is offered for sale “as is” and “where is,” and without recourse against Raytheon Company.
5. ADJUSTMENTS: Raytheon Company additionally makes no warranty, guaranty, or representation, expressed or implied with respect to the quantity, size or weight of property described herein. However, any variation between the quantity, size or weight listed, and quantity, size or weight delivered to the Purchaser, will be adjusted on the basis of the unit price quoted for such item, provided that no claim for adjustment may be made by the Purchaser after removal of the property, and provided further, that no adjustment will be made where a sale is made on a “price for the lot” basis.
6. REMOVAL OF PROPERTY: If Purchaser fails to remove the items by the removal date, Raytheon Company shall have the right to charge the Purchaser, and collect upon demand, a reasonable charge for storing the items.
7. PAYMENT, DEPOSITS AND TAXES: Deposits accompanying bids which are not accepted will be returned. The deposit of the successful bidder will be applied as part payment of the total purchase price. Unless otherwise specified, payment of the balance of the purchase price must be made by cash, certified check, cashier’s check, or money order, prior to the removal of property. In all cases where an approved credit arrangement has been elected, payment shall be made in full within ten (10) days after the billing date. Unless otherwise stated, in addition to the prices bid the amount of any present or future sales, use, excise or other similar taxes applicable to the sale of the items hereunder shall be paid by the Purchaser on, in lieu thereof, Purchaser shall provide Raytheon Company with a tax exemption certificate acceptable to the taxing authorities.
8. TITLE AND RISK OF LOSS: Title to the terms of property sold hereunder shall vest in the Purchaser as and when the property is delivered to the Purchaser. All risk of loss of, damage to, or destruction of the property from any cause whatsoever shall be borne by the Purchaser from and after vesting of title in him/her.
9. VERBAL MODIFICATIONS: Any representations or amendments concerning this Invitation, Bid or Acceptance made by any person on behalf of Raytheon Company shall not be binding unless made in writing and signed by an authorized representative of Raytheon Company.
10. INDEMNITY: Bidder agrees to indemnify and save harmless Raytheon Company, its officers, employees, agents and representatives from and against any and all claims, losses, liabilities, injuries or damages, howsoever caused, whether to person or property, arising out of the storage, loading, handling or removal of the property.
11. DEFAULT AND DEPOSIT: If the successful bidder fails to make full payment to remove property on the specified date, or to comply with any other terms and conditions hereof, Raytheon Company reserves the right to sell or otherwise dispose of any or all such property and to charge losses and expenses incidental thereto to the account of the defaulting bidder. Raytheon Company may apply the deposit against any such losses and expenses. / 12. LIMITATION ON LIABILITY: In any case where liability of Raytheon Company to the Purchaser has been established by a court of competent jurisdiction, the extreme measure of such liability shall not, in any event, exceed refund of such portion of the purchase price as Raytheon Company may have received.
13. INSURANCE: Before removing the property, Purchaser shall submit to Raytheon Company’s Insurance Section, for approval as to form and substance, the following:
A. A certificate of Workmen’s Compensation Insurance for all of its employees who will be engaged in the work.
B. Certified copies of Public Liability and Property Damage Insurance policies which Purchaser will maintain for the benefit of it and Raytheon Company and the latter’s officers employees, agents and invitees.
14. LICENSES AND PERMITS: Purchaser shall obtain and maintain at its own expense all necessary licenses and permits, including but not limited to any export licenses which may be required by the U.S. Export Administration Act and / or the Arms Export Control Act and their implementing regulations, and hereby indemnifies and agrees to hold Raytheon Company harmless from all liabilities and penalties imposed for failure so to do.
15. LAWS, ETC.: Purchaser shall comply with all applicable laws, ordinances, codes and regulations, and hereby indemnifies and agrees to hold Raytheon Company harmless from all liabilities and penalties imposed for failure so to do. Purchaser shall conform to Raytheon Company’s plant protection procedures.
16. LIENS, ETC: Purchaser shall keep Raytheon Company’s property free from liens, claims and encumbrances (mechanics, laborers or otherwise) and hereby indemnifies and agrees to hold Raytheon Company harmless from and against any such lien claim or encumbrance.
17. REPORTS: As and when requested by Raytheon Company, Purchaser shall submit detailed written reports showing the use and disposition made of the items, together with such substantiating documents as Raytheon Company requests.
18. SALES OF GOVERNMENT PROPERTY: Each sale of Governmentowned property shall be subject to the approval of the Contracting Officer at Raytheon Company’s plant.
19. ASSIGNMENTS: Raytheon Company shall have the right at any time or times to assign to others all or part of its rights and obligations under the contract. Purchaser shall not have any such right without the prior written consent of Raytheon Company.
20. TIME: Time shall be of the essence of the contract.
21. ANTITRUST LAWS: To comply with Section 207 of the Federal Property and Administrative Services Act of 1949, as amended when property offered for sale has an acquisition cost of $3,000,000 or more; or when the property consists of patents, processes, techniques, or inventions, irrespective of cost, the successful bidder will be required to furnish whatever additional information the Government deems necessary or appropriate under the circumstances. It is expressly understood that the making of any award is contingent upon receipt of advice from the Attorney General of the United States that the proposed sale would not tend to create or maintain a situation inconsistent with the Federal antitrust laws.
SPECIAL TERMS & CONDITIONS APPLICABLE TO ALL GOVERNMENT-OWNED PROPERTY
LISTED ON ATTACHED INVITATION TO BID
1. INSPECTION: The Bidder is invited, urged, and cautioned to inspect the property to be sold prior to submitting a bid. Property will be available for inspection at the places and times specified in the Invitation. In no case will failure to inspect constitute grounds for the withdrawal of a bid after opening.
2. CONDITION AND LOCATION OF PROPERTY: Unless otherwise specifically provided in the Invitation, all property listed therein is offered for sale “as is” and “where is.” If it is provided therein that Raytheon Company shall load, then “where is” means f.o.b. conveyance at the point specified in the Invitation. The description is based on the best available information. However, Raytheon Company makes no warranty, express or implied, as to quantity, kind, character, quality, weight, size, or description of any of the property or its fitness for any use or purpose. Except as provided in Conditions No. 8 and 10, no request for adjustment in price or for rescission of the sale will be considered. This is not a sale by sample.
3. CONSIDERATION OF BIDS: The Bidder agrees that his/her bid will not be withdrawn within the period of time specified for the acceptance thereof following the opening of bids (sixty (60) calendar days if no period is specified by Raytheon Company or by the Bidder, but not less than ten (10) calendar days in any case) and that during such period his/her bid will remain firm and irrevocable. The right is reserved to reject any or all bids, to waive any technical defects in bids, and unless otherwise specified in the offering or by the Bidder, to accept any one item or group of items in the bid. Unless the Invitation otherwise provides, bids may be submitted on any or all items. However, unless the invitation otherwise provides, a bid covering any listed item must be submitted on the basis of the unit specified for that item and must cover the total number of units designated for that item. In case of error in the extension of prices, unit prices will govern.
4. PAYMENT: The Purchaser agrees to pay for property awarded to him/her in accordance with the prices quoted in his/her bid. Payment of the full purchase price, subject to any adjustment pursuant to Condition No. 8, must be made within the time specified for removal and prior to delivery of any of the property. In the event that any adjustment is made pursuant to Condition No. 8, payment must be completed immediately subsequent to such adjustment. The balance of the purchase price after applying the total bid deposit made by the Purchaser (if a bid deposit was required) under the invitation (or otherwise the full purchase price) shall be paid to Raytheon Company in cash or by certified check, cashier’s check, traveler’s check, bank draft, or postal or express money order. Raytheon Company reserves the right to apply any bid deposits made under this invitation by a Bidder against any amounts due to Raytheon Company under a contract awarded by him/her under this invitation for Bid. In those instances where the total sum becoming due to Raytheon Company from the Purchaser on a contract awarded to him/her under the Invitation is less than the total amount deposited with his/her bid, the difference shall be promptly refunded. Deposits accompanying bids which are not accepted shall be promptly returned.