AUCTION: Used and Unserviceable Items at University of Sargodha

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The University of Sargodha is conducting a public auction for various used and unserviceable items at its Sargodha campus. Interested parties are invited to participate in the open auction process for the disposal of these items, which are no longer required by the university. The auction will be held at the university premises, and all items will be sold on an as-is-where-is basis. Items being auctioned: - Lot-1: Desks (4500 units), Estimated Value: Rs. 4,50,000/- (Reserve Price: Rs. 45,000/-) - Lot-2: Bicycles (4 Nos.), Estimated Value: Rs. 10,00,000/- (Reserve Price: Rs. 1,00,000/-) - Lot-3: Scrap Material (10 kg, 50 kg, 500 Nos.), Estimated Value: Rs. 48,500/- (Reserve Price: Rs. 10,000/-) - 10 kg at 20/kg - 50 kg at 170/kg - 500 Nos. at 80/kg - Lot-4: Miscellaneous Items (85 Nos.), Estimated Value: Rs. 1,56,250/- (Reserve Price: Rs. 15,000/-) The auction will take place on 30-09-2026 at 11:30 AM at the University of Sargodha. All interested bidders must deposit 25% of the reserve price as earnest money in the form of a pay order or bank draft before participating. Successful bidders are required to deposit the remaining amount within the stipulated time after the auction. The university reserves the right to accept or reject any bid without assigning any reason. Bidders must bring their original CNIC and proof of deposit for earnest money. All items must be removed from the premises within the specified period after full payment. For further details, contact the undersigned at the provided phone number. It is advisable to inspect the items before the auction date to assess their condition and value. Timely arrival on the auction day and preparation of required documents will help ensure a smooth participation process.