Disposal of Steel Items at State Bank of Pakistan SBP BSC Lahore Office 2026

This disposal opportunity is based in Lahore at the State Bank of Pakistan, Banking Services Corporation, Lahore Office, focusing on the sale of unserviceable steel items including almirahs, cabinets, and trunks valued at PKR 292,000. The department invites sealed bids from tax-filer parties interested in acquiring these items on an 'As is Where is' basis within the premises located on Mall Road. The disposal involves steel furniture items that are physically present at the SBP BSC Lahore Office. Interested bidders are encouraged to inspect the items during working hours from 10:00 AM to 4:00 PM to assess the condition and quantity before submitting their bids. The process requires bidders to submit a non-refundable fee for bidding documents and a refundable gate money as bid security. The highest bidder must deposit the full amount within ten days of award notification and arrange for lifting the items promptly. Bidders must be active taxpayers listed on the FBR's Active Taxpayers List (ATL) and comply with all tax obligations including a 10% advance tax under section 236-A before removal of items. The tender process follows strict compliance with PPRA rules, and the bank reserves the right to reject any or all bids. The bid validity period is 120 days, and bidders should ensure their bids are complete and responsive to avoid disqualification. The submission deadline is set for 09-March-2026 at 11:00 AM, with bid opening scheduled the same day at 11:30 AM in the Chamber of Sr. DCM-IMD, 3rd Floor, Main Building, Mall Road, Lahore. Bids must be delivered in sealed envelopes to the specified address. Late bids will be returned unopened. Pro-Tip: Make sure to carefully review the bidding documents for the exact stamp duty and tax submission requirements, as missing these can lead to disqualification. Also, visiting the site to verify the condition and quantity of steel items before bidding is crucial to avoid surprises post-award.