AUCTION: Sale of Used Office Equipment and Furniture Jubilee Life Insurance Karachi 2026

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Jubilee Life Insurance Company Limited is offering for auction its used office furniture and equipment located at its Karachi office. Interested parties are invited to submit sealed bids for the purchase of these items. The auction includes a variety of office furniture and equipment that has been previously used by the company. All items will be sold on an as-is, where-is basis, and bidders are encouraged to inspect the goods before submitting their offers. Items being auctioned: - Used office tables (various sizes and conditions) - Office chairs (multiple types) - Filing cabinets - Storage racks - Miscellaneous office equipment (details available on inspection) Bidders must submit their sealed bids by 30 September 2026. The successful bidder will be required to deposit 5 percent of the bid amount as earnest money at the time of bid submission. The remaining payment must be made as per the terms communicated upon award. All items must be removed from the premises within the stipulated time after payment. Bids should be submitted at the Jubilee Life Insurance Company Limited, DD-79, Karachi. For eligibility, interested buyers should ensure they are able to pay the earnest money and arrange for the timely removal of auctioned items. No bid will be considered without the required earnest money. For further details or to arrange an inspection, contact the numbers provided below. A practical tip: Visit the site in advance to inspect the condition of the items and clarify any queries with the administration before submitting your bid. This will help you make an informed offer and avoid surprises after the auction.