AUCTION: Old and Unserviceable Items, IT Equipment, Machinery, and Scrap at Lahore High Court

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Lahore High Court is conducting a public auction for various categories of old and unserviceable items, including IT equipment, machinery, and scrap, located at the Lahore High Court premises. Interested parties are invited to participate in the auction, which will be held on 15 October 2026 at 10:00 AM at the main parking lot of the court. The auction will be conducted in the presence of the designated auction committee. Items being auctioned: - Old and unserviceable items (various types) - IT equipment (computers, related devices) - Machinery (different categories) - Scrap (miscellaneous) The total reserve price for the auction is set at Rs. 2,474,180. Bidders must deposit earnest money of Rs. 50,000 in cash as a refundable security before participating. The successful bidder will be required to pay one-third of the total bid amount on the day of the auction, with the remaining two-thirds payable within two to three days after approval. All items must be removed from the premises within the specified time frame after full payment. The auction committee reserves the right to reject any or all bids without assigning any reason. Eligibility is open to all interested individuals and firms. Bidders are advised to inspect the items before the auction date to assess their condition. The auction will be conducted on an as-is-where-is basis, and no complaints regarding the quality or quantity of items will be entertained after the auction. For submission, bidders must appear in person at the specified location with the required earnest money and identification documents. For further details, contact the Assistant Registrar (Stores) at the provided phone number. A practical tip: Arrive early on the auction day to complete the earnest money deposit and registration process smoothly, as latecomers may face delays.