Sale of Condemned Items Old Steel Sheets and Old Foam Mattress

The Punjab Employees Social Security Hospital located in Sector I-12, I.J. Principal Road, Islamabad, is inviting open public offers from financially sound and well-reputed parties, firms, and persons for the sale of condemned items. This auction is a valuable opportunity for suppliers and buyers interested in acquiring used materials from a reputable government hospital in Islamabad. Items being procured: - Old Steel Sheets - Old Foam Mattress The auction process will commence on 30.07.2026 (Thursday) at 10:00 AM. In case the auction is unsuccessful on this date and time, an alternative auction will be held on 05.08.2026 (Wednesday) at 10:00 AM. All condemned items can be examined during working hours one day before the auction, allowing bidders to inspect the materials thoroughly before placing their bids. Interested bidders must obtain the detailed auction documents from the Accounts Office after payment of a non-refundable tender fee of Rs. 1000, payable a day before the opening of the auction. The highest bidder is required to deposit one-third of the bid price immediately on the spot to the cashier of PESSI Hospital, Islamabad. The reserve price for the auction is set at Rs. 50,060 (Rupees Fifty Thousand and Sixty only), and any offer below this reserve price will be straightaway rejected. The auction committee reserves the right to accept or reject any offer without assigning any reason, and such decisions will not be challenged in any court of law. Income tax and other government taxes will be deducted as per government policy. Bidders are advised to ensure their financial readiness and timely submission of earnest money to avoid disqualification. Inspecting the items a day before the auction is highly recommended to assess the condition and value accurately. This auction represents a straightforward procurement opportunity for those interested in acquiring condemned hospital materials in Islamabad.