JUNEAU – The Alaska Department of Transportation & Public Facilities (ADOT&PF) is selling the M/V Taku through a sealed bid sale. The minimum bid price is $1.5 million and interested bidders must have a bid bond of $5,000. The complete bid package is available on the state's Online Public Notice website.

ADOT&PF is selling the vessel "As Is/Where Is" to the highest bidder. The sale process involved getting Federal Highway Administration approval since federal funding was used to maintain the vessel over its lifespan.

Last month, ADOT&PF initiated proceedings to transfer ownership of...