COMPLETE & SUBMIT THE BID FORM AT THE BOTTOM OF THIS PAGE before 7:00 pm Eastern on March 1, 2024

     SIAI #:  2023-80S                                     1974 CESSNA 421B N977SM

       Your bid is solicited for the following salvage, as is, where is, before deadline of 7:00 pm Eastern on March 1, 2024

           WARRANTY:  There is no warranty, express or implied for the information provided herein or the condition, useability,

                              workability, operability or marketability of the aircraft salvage.  All times are approximate and the logbooks

                              and aircraft should be inspected by each bidder BEFORE BIDDING.  Failure of the bidder to view the

                              salvage or wreckage, or confirm any information provided is NOT grounds for a claim or withdrawal of bid

                              after bid closing date.)   All Sales Are FINAL.  Read CONDITIONS at bottom of page.

                                  HOURS estimated from logbooks or other information - not guaranteed or warranted

           AIRCRAFT:    1974 Cessna 421B N977SM, S/N: 421B0595

                                  Current Total Time 6014 hours.  Hobbs: 2007.1 hours

                                  Aircraft/Engine annual inspection completed 12/01/2022 with 91.4 hours logged since annual

           ENGINES:      LH - Continental GTSIO-520NB, Current Total Time: 642.5 hours, Current TSMOH: 858

                                          Annual inspection completed 12/01/2022

                                  RH - Continental GTSIO-520-H, Current Total Time: 642.5 hours, Current TSMOH 310.6

                                          Annual inspection completed 12/01/2022

           PROPELLERS:  LH - severely damaged/destroyed

                                 RH - severely damaged/destroyed

           EQUIPMENT:    

·         King   KMA24 Audio Panel

·         Garmin      GNS530

·         G4 Insight  Graphic Engine Monitor

·         STEC Auto Pilot

·         King   KX155 NAV/COM

·         Garmin      Transponder/ADSB

·         Narco KWX Weather Radar

     DESCRIPTION OF ACCIDENT:   The aircraft lost power on departure and landed before the gear was locked into the extended position.

           DESCRIPTION OF DAMAGES:     The damage includes but may not be limited to:

           1.   Both propellers destroyed by impact with runway

           2.   Both engines require TDI

           3.   Main gear inner doors destroyed.

           4.   Nose gear doors destroyed, and gear linkage damaged during landing with gear partially extended.

           5.   Belly skins, avionics antennae abraded.

           6.   Left lower wing skins between fuselage and nacelle abraded.

           7.   Pitot static tubes abraded.

           8.   Exhaust stacks on both engines bent and abraded.

             **PHOTOS**

          LOCATION OF AIRCRAFT:  The subject aircraft is currently secured outdoors on the ramp at Lake City Municipal Airport (KLCQ), Florida.

          INQUIRIES:   Bill Coachman;   bcoachman@sompo-intl.com

          CLAIM NUMBER:     1076459      SIAI NUMBER:  2023-80S

          REMARKS:    *Insurer reserves the right to reject any and all bids. 

                              *Salvage is as is/where is. 

                              *Inspection of the salvage is highly recommended.  Failure to inspect is at bidder's risk.

                              *The posting information is the best to our knowledge. 

                              *Logbooks may not be complete.

         COMPLETE THE BID FORM BELOW & SUBMIT.  YOU WILL RECEIVE AN IMMEDIATE CONFIRMATION OF YOUR BID

   CONDITIONS: The aircraft listed are for sale "as is where is". There is no warranty either express or implied.

   All times and descriptions are believed to be  the best information available and are not warranted. Prospective

   buyers should inspect the aircraft and records before bidding.  Purchaser bears all risk regarding condition,

   useability, workability, and operability of all salvage. 

  The underwriters have full and complete authority for all decisions regarding salvage and they reserve the right

  to reject any or all bids.

  The bid deadline dates are firm without exception.

 Payment in full by Wire Transfer, cashier's check or certified funds is required within 7 business days

 of notification to the successful bidder.

 All Sales Are FINAL

                                                                          FOR SALE PAGE