Tender Notice for Auction for the sale of Unserviceable / Obsolete material, Scrape, Furniture, used Mobil Oil, Batteries and Tyres
Rates are required for the sale of Unserviceable / Obsolete material, Scrape, Furniture, used Mobil Oil, Batteries and Tyres “as is where is basis” which may be sent in the name of Treasure, University of the Punjab, Quaid-e-Azam Campus, Lahore.
Detailed terms & conditions are available in the Bid Documents, which can be obtained immediately from the Stock Verification Section, 1st Floor, Room No.136-A Admin Block Quaid-e-Azam Campus Lahore at the cost of Rs.500/- each tender during the working hours. Bid Document Fee will be deposited in Habib Bank Ltd. Quaid-e-Azam Campus Branch, University of the Punjab, Lahore.
Bidder is required to deposit CDR of Rs.200,000/- (Rupees Two Lac Only) in the name of Treasurer, University of the Punjab, Lahore along with tender / offers.
Tender with a photocopy of computerized National Identity Card of the Bidder and CDR (which will be refundable to the Bidders except successful Bidders must be covered in the envelope and the name of tender with complete business address must be written on the envelope. Tenders must be submitted in Tender Box which is available in the office of Stock Verifier, Stock Verification, Treasurer Office, University of the Punjab, Quaid-e-Azam Campus, Lahore.
Conditional / without CDR, tender will not be entertained.
The last date of submission of tender is 3rd November, 2016 upto 11:00 A.M and tender will be opened in the presence of bidders / their authorized representatives at 11:30 A.M on same date in the Committee Room, Accounts Branch, Admin Block, Quaid-e-Azam Campus, Lahore
Stock for auction me be examined during the office hours through Stock Verifier, Stock Verification Section, University of the Punjab, Lahore.
Auction Committee, University of the Punjab has right to cancel all of the tenders without assigning any reason, which cannot be challenged anywhere. The Auction Committee has also the right to opt for open bidding.
Contractor will be responsible to bear all expenses including labour, carriage, and applicable taxes, etc.
In case of any dispute, the decision of the Auction Committee, University of the Punjab, will be the final decision.