AUCTION: Unserviceable Furniture and Scrap Items at Punjab Provincial Assembly

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Punjab Provincial Assembly is conducting a public auction for the disposal of unserviceable furniture and various scrap items. The auction will be held at the Assembly premises in Lahore, and interested parties are invited to participate as per the terms outlined in the notice. This is an excellent opportunity for scrap dealers and interested buyers to acquire government surplus items through a transparent process. Items being auctioned: - Unserviceable furniture (various types and quantities) - Scrap items (details and lots available for inspection at the site) All items are available for inspection prior to the auction date. The auction will take place on 5th October 2026. Bidders are required to bring a Call Deposit Receipt (CDR) of Rs. 100,000 as earnest money to participate in the auction. The successful bidder must deposit 25 percent of the bid amount immediately after the auction, with the remaining balance payable within the stipulated time frame. All government taxes and duties will be applicable as per rules. Only those who submit the required CDR will be allowed to participate. The auction committee reserves the right to accept or reject any bid without assigning any reason. Bidders are advised to carefully read all terms and conditions mentioned in the notice and ensure compliance with the requirements, including timely submission of earnest money and adherence to the auction schedule. The auction will be conducted in the presence of the Estate Officer, and all proceedings will be transparent. For further details, interested parties may contact the Estate Office during working hours. A practical tip: Arrive early on the auction day to inspect the lots thoroughly and clarify any queries with the Estate Office staff before bidding begins.