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AUCTION: Old/Used Fixed Assets at SME Bank Head Office Islamabad

Active Tender
Closing Date:
2026-10-08

Tender Document

Tender Description

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. SME Bank Limited invites sealed bids from interested parties for the auction of old and used fixed assets located at its Head Office on Nazimuddin Road, F-6/1, Blue Area, Islamabad. This auction offers a valuable opportunity for bidders to acquire a variety of items across four distinct categories. Items being auctioned include: - Category-A (ACs / Electrical Items): 4 Ton AC Gree units (indoor and outdoor), networking cables (2 bundles), tube rod fittings (96 frames), coaxial cable (1 bundle), copper pipes (15 pipes approx. 7 feet each), electrical cables (1 bundle), electrical D.B panels (5), electrical distribution switch boxes (50) - Category-B (Wood/ Ply Sheet Items): wooden cabinets (4), wooden doors (10 sheets), wooden hole almirah (1), wooden partitions (3), wooden plant pots (18), wooden racks (6), wooden tables (3), laminated sheet almirahs (4) - Category-C (Office Equipment / Items): large server cabinets (2), small server cabinet (1), iron cigarette stands (4), FM 200 fire extinguisher system (1 set), clay planters with plants (96), glass doors (6), iron fire proof safe (1) - Category-D (Scrap Papers / files): scrap papers and files to be weighed and priced per kilogram at delivery The auction is conducted on an "as-is-where-is" basis. Interested bidders can inspect the items during working days from 24.09.2026 to 07.10.2026 between 10:00 am and 5:00 pm, excluding weekends. Bidders may submit offers for one or more categories separately. For Category-D, bidders must quote rates per kilogram and will pay based on actual weight at delivery. Earnest money of Rs 5,000 per category is required via pay order, totaling Rs 20,000 for all categories. Offers must be submitted in sealed envelopes clearly marked "Bid for Auction of old/used items" and "Confidential" by 08.10.2026 at 3:30 pm to the Official Liquidator at SME Bank Head Office. Bids will be opened the same day at 4:00 pm in the presence of bidders. Successful bidders must deposit full payment within 10 days of bid acceptance and take possession within 15 days. Failure to comply will result in forfeiture of earnest money and offer may be awarded to the next highest bidder. Bidders must be Pakistani nationals or registered companies/firms. Tax will be applicable as per law. The bank reserves the right to reject any or all bids and amend terms before submission deadline. Pay orders should be made in favor of SME Bank Ltd, Islamabad. A practical tip for bidders: Carefully inspect all items during the inspection period and ensure your bid includes all required documents including CNIC and authorized signatures to avoid disqualification. This auction is a rare chance to acquire diverse assets at competitive prices from a reputable financial institution in Islamabad.
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