Auction of Furniture Scrap and Miscellaneous Electric and General Items

The Sheikh Mohamed Bin Zayed Al Nahyan Institute of Cardiology Quetta is conducting an auction for the disposal of furniture scrap along with various miscellaneous electric and general items. This procurement opportunity is specifically for interested bidders in Quetta, Balochistan. The auction includes a diverse range of items such as old furniture, scrap materials, electric components, and other general goods that are no longer required by the institute. Bidders can inspect the items from 9:00 AM to 3:00 PM, Monday to Friday, at the institute premises. The auction committee has set clear terms for participation, including a non-refundable participation fee of Rs. 1,000 payable via Cash Depositing Receipt, Pay Order, or Demand Draft. Additionally, all bidders must submit sealed bids accompanied by a security amount of Rs. 50,000 in the same payment forms, favoring the Chief Executive Officer of the institute. The auction date and deadline for document submission is Monday, 8th June 2026, with bids opening at 11:30 AM on the same day. The successful bidder is required to pay one-third of the total bid price immediately on the spot, with the remaining two-thirds payable within five days. The bidder must also move the auctioned items within 15 working days post-auction. The institute disclaims any responsibility for claims or losses related to the auctioned goods. Bidders should ensure they are registered with FBR and have a valid ATL status. While no specific PEC category is mentioned, experience in handling government auctions or scrap disposal will be advantageous. The earnest money and participation fee must be submitted strictly as per instructions to avoid disqualification. A practical tip for bidders is to thoroughly inspect the items during the allowed hours to assess their condition and value accurately. This will help in preparing a competitive and realistic bid, avoiding surprises after the auction. Timely submission of documents and adherence to the auction rules will enhance the chances of successful participation.