Disposal of Vehicles on as-is-where-is Basis

The Institute of Business Administration Karachi is inviting sealed bids from qualified Scrap Dealers, Used Items Dealers, and Auto Dealers for the disposal of vehicles on an as-is-where-is basis. This procurement opportunity is specifically for interested parties in Karachi, Sindh, to participate in the sale of various vehicles and scrap lots. Items being procured: - Disposal of Vehicles on as-is-where-is basis The technical scope involves the inspection and purchase of vehicles and scrap lots located at the IBA Main Campus, University Enclave, Karachi. Interested bidders may visit the scrap lots from July 21, 2026, to August 03, 2026, between 10:00 AM to 3:00 PM, excluding Namaz and lunch breaks from 1:00 PM to 2:00 PM. The vehicles and scrap are sold without any warranty or guarantee, and bidders must conduct their due diligence before submitting bids. Eligibility criteria include being a registered dealer in the relevant categories with valid credentials. Bidders must submit a Tender Fee of Rs. 3,000 and provide a Bid Security of 5% of the total bid cost in the form of a Pay Order or Demand Draft in favor of IBA Karachi. The procurement process follows the standard open competitive bidding method with technical and financial evaluation. Key dates to note are the issuance start on July 21, 2026, at 09:30 AM, issuance end and bid submission on August 03, 2026, at 01:00 PM and 03:00 PM respectively, and bid opening on August 03, 2026, at 03:30 PM. Bids must be submitted in sealed envelopes dropped at the security reception office located at Gate #4, IBA Main Campus, Karachi. A practical tip for bidders is to thoroughly inspect the vehicles and scrap lots during the visiting hours to assess condition and value accurately. This will help in preparing a competitive and realistic bid, avoiding surprises after purchase. This tender offers a valuable opportunity for dealers in Karachi to acquire vehicles and scrap materials through a transparent and regulated process managed by the Institute of Business Administration Karachi.