Disposal of Scrap Items at State Bank of Pakistan BSC Multan Office

This tender invites sealed bids for the disposal of scrap items located at the State Bank of Pakistan Banking Services Corporation Multan Office, Kalma Chowk, Multan. The disposal includes paper scrap and iron strips, offered on an 'As is where is' basis. Interested parties can inspect the items on working days from 09:00 AM to 1:00 PM to assess the condition and quantity before submitting their bids. The disposal process requires bidders to submit a bid security of PKR 4,500 in the form of a pay order or demand draft favoring SBP Banking Services Corporation, Multan. The highest bidder must deposit 100% of the total offer price within seven working days after the acceptance letter is issued. The successful bidder will be responsible for removing and loading the scrap items at their own risk, cost, and labor within 7 working days from the acceptance date. The bank will collect all applicable taxes, including withholding tax and advance tax at 10% for filers and 20% for non-filers. Bidders should ensure they meet all compliance requirements, including submitting a valid bid security and adhering to the tax obligations as per the Income Tax Ordinance clause 236A. Partial or conditional bids will be rejected outright. The tender encourages bidders to visit the site for firsthand information and clarifications must be submitted at least three days before the bid submission date. The submission deadline is set for 26th February 2026 at 11:00 AM, with bid opening scheduled the same day at 11:30 AM in the Chamber of DCM (Admin) on the 3rd floor of the SBP BSC Multan Office. Bids must be dropped in the tender box at the office of PA to Chief Manager, SBP BSC Multan. Pro-Tip: Make sure to carefully check the bid security requirements and tax obligations, as failure to comply can lead to disqualification or forfeiture of the bid security. Also, visiting the site before bidding is crucial to avoid surprises regarding the scrap condition and quantity.