HomeBensalem TimesPLCB to award 21 expired restaurant licenses

PLCB to award 21 expired restaurant licenses

The 11th license auction includes one license in each of 21 counties, including Bucks

Pexels

The Pennsylvania Liquor Control Board issued an invitation for bids to award 21 expired restaurant licenses in the 11th license auction since Act 39 became effective in August 2016 — and the first such auction since the COVID-19 pandemic paused the practice in June 2020.

This auction includes one license in each of 21 counties, including Bucks County.

Bids for this restaurant license auction are due by Monday, Oct. 31, at noon. The 11th auction will again use a sealed bid process, which has so far resulted in winning bids on 292 licenses offered in previous auctions. Bids will be opened Wednesday, Nov. 2, and auction winners will be determined soon thereafter.

The minimum bid for each license is $25,000, and each bid must be accompanied by a bid surety of $5,000 or 5 percent of the total bid amount — whichever is higher — to avoid frivolous and underfunded bids.

The highest responsive bidder for each license will win the right to submit an application for the license to the PLCB within six months of auction award. If bid payment is not received within two weeks of auction award, the second-highest bidder will have the opportunity to apply for the license. Bids will be held in escrow by the PLCB, pending approval of the license application.

The Invitation for Bids is available online. Once on the page, scroll down to “Related Solicitation Files” and click the links to view.

Bidders with questions regarding this invitation for bids must submit inquiries via email to RA-LBLicenseAuction@pa.gov by Friday, Sept. 23, at noon. Questions and answers will be posted to the Department of General Services e-marketplace website by Wednesday, Sept. 28, at 3 p.m.

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