Recovery of Defaulters Properties in Rawalpindi

U Microfinance Bank Limited in Rawalpindi is inviting bids for the recovery of properties from defaulters who have repeatedly failed to repay their loans despite legal and repeated reminders. This procurement is focused on reclaiming properties located in Rawalpindi, specifically in the Rawalpindi Islamabad Baranch area. Items being procured: - Faisal Shabbir son of Ghulam Shabbir: Residential property at Sawan Garden, House No. 16, Street No. 7, Islamabad - Aslam Azam son of Roj Muhammad Azam: Property No. 552-C, Mohallah Muhammad Hussain Road, Rawalpindi - Abdul Rehman son of Muhammad Riaz: Property No. 1167/A, Street No. 37/B, Mohallah Allama Iqbal Colony, Bhandara, Rawalpindi The scope involves legal and physical recovery of these properties to mitigate the bank's financial exposure. The properties are residential and located in urban Rawalpindi, requiring coordination with local authorities and legal enforcement agencies. The bank expects bidders to have relevant experience in property recovery and legal enforcement. Interested bidders must ensure they meet all eligibility criteria including valid FBR registration and ATL status. The technical bid should include proof of experience in similar recovery operations and any required PEC categories if applicable. Earnest Money or CDR details are not specified but bidders should be prepared to comply with standard bank procurement requirements. The last date for submission is the 28th of July 2026 by 11:00 AM, with the closing deadline at 23:59:59 on the same day. Submissions should be made to the Head Office of U Microfinance Bank Limited located at PTCL Building, I-8 Industrial and Trade Road, G-8/4, Islamabad. A practical tip for bidders is to ensure all legal documentation and proof of prior recovery experience is meticulously compiled and submitted with the technical bid. This will facilitate smoother evaluation and increase chances of success in this highly specialized recovery tender.