Recovery of Pawned Gold Items from Defaulters

Ezzy Pawn Bank Limited Credit and Operations Department in Lahore is conducting a recovery operation for pawned gold items from defaulters who have not completed their repayment obligations. This tender invites eligible bidders to assist in the recovery process by collecting the pawned gold items listed against each defaulter. Items being procured: - 1 Chain 4 Rings 1 Bracelet (13.7 grams) - 1 Haar (12 grams) - 4 Kante 2 Rings (5.3 grams) - 1 Guluband (8.25 grams) - 1 Mala Chain 2 Kante 1 Ring 1 Gani (17.9 grams) The technical scope involves the physical recovery of these specific gold items from the defaulters residing in various locations including Bhowapur, Rahim Yar Khan, Multan, and Bahawalpur districts. The process requires careful handling and verification of the items as per the serial numbers and weights provided. The recovery team must ensure compliance with all legal and procedural requirements. Eligibility criteria include valid registration with FBR and ATL, relevant experience in recovery or collection services, and adherence to any specific conditions set by the bank. Earnest Money or CDR may be required as part of the bid submission. The submission deadline is 13th June 2024 by 23:59:59. Bidders should submit their technical and financial bids to the Credit and Operations Department office located at 159-B/M, Quaid-e-Azam Industrial Area, Chock, Lakhipur, Lahore. Contact phone number 021-111-003-737 is available for queries. A practical tip for bidders is to conduct a thorough due diligence on the defaulters and the listed items before submitting the bid. This will help in preparing an accurate and competitive offer and avoid any discrepancies during the recovery process.