Sale of Used Vehicle - 2026

Jubilee General Insurance Company Limited Karachi is inviting bids for the sale of a used vehicle. The vehicle offered is a Jolon Turbo SUV with 1497 CC engine capacity, model year 2026, and is currently unregistered. This procurement is specifically for the sale of this single vehicle. Items being procured: - Jolon Turbo SUV 1497 CC, model 2026, quantity 1 The vehicle is located in Karachi and the sale will be conducted through sealed bids. Interested bidders must submit their bids by 15 January 2026 before 5:00 PM. The technical and financial bids will be opened on the same day at 10:00 AM at the company’s office located at 309, Empress Road, Lahore. For further inquiries, bidders can contact the phone number 042-32036307 or mobile 0333-4256014. Bidders must ensure compliance with the terms and conditions of the sale and submit a call deposit receipt (CDR) as earnest money according to the rules dated 2019. The earnest money will be 10% for local bidders and 20% for bidders from outside Lahore. Only one bid per bidder is allowed, and incomplete or conditional bids will be rejected. This tender is ideal for vehicle dealers and individual buyers interested in acquiring a used SUV in good condition. The sale process is transparent and governed by company rules to ensure fairness. Bidders should carefully prepare their bids, ensuring all required documents and earnest money are included. It is advisable to visit the office in advance to clarify any doubts and verify vehicle details. Timely submission before the deadline is crucial to avoid disqualification.