AUCTION: Old Store Items and Scrap at The Fazl Haq College Mardan

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Fazl Haq College Mardan is conducting an open auction for various old and surplus items from different sections and stores of the college. This includes used furniture, broken and unserviceable items, and other miscellaneous scrap. The auction will be held on 10 August 2026 at 10:00 AM at the college premises. Interested parties are invited to participate and must register before the auction begins. Only registered bidders will be allowed to take part in the auction process. Items being auctioned: - Old and surplus furniture from various college sections - Broken and unserviceable items - Miscellaneous scrap and obsolete materials Specific item list not provided in the notice. The auction will be conducted in the presence of the college auction committee. Each bidder must deposit a refundable call deposit of **PKR 30,000** as earnest money before participating. The successful bidder must pay 30 percent of the total bid amount on the spot, with the remaining amount to be paid before taking possession of the items. If the successful bidder fails to pay the full amount within the stipulated time, the earnest money will be forfeited and the next highest bidder may be offered the items. All applicable government taxes will be charged in addition to the bid amount. The principal reserves the right to cancel the auction or reject any bid without assigning any reason. Bidders are advised to inspect the items before the auction date and ensure they understand the terms and conditions. The auction will be held at the college's main campus in Mardan. For further details, contact the college office at the numbers provided below. A practical tip: bring your CNIC and proof of earnest money deposit to avoid any delays in registration on auction day.