COMSATS University Islamabad (CUI)
Park Road, Tarlai Kalan, Islamabad Tel: +92-51 8318470-1, Fax: +92-51 9247006
E-mail: firstname.lastname@example.org, URL : // www.comsats.edu.pk
AUCTION NOTICE No. 17/07-012021
(Sale of Furniture item, ACs, Generator, Electric/office equipment and other miscellaneous item.)
Sealed bids from interesting purchasers/bidders are invited in prescribed format by 7th January 2021 up to 11:30 am for auction/sale of the above stated assets/items on “as is where is basis” at Cubetor One building across the nallah, COMSATS University, Islamabad, Park Road, Tarlai Kalan Islamabad.
Terms & Conditions
- Interested Purchasers/Bidders can inspect the items from 10:00 a.m. to 3:00 p.m. (Monday to Friday) only working days at the above site from 28th December 2020.
- The interested bidder having valid CNIC can participate by filling a prescribed proforma, which is available on a cash payment of Rs. 1000/-(Non Refundable) from the Store Section.
- All the bidders will be required to submit sealed bids (covered in safe envelope) along with security money of Rs.50,000/- in cash (Refundable) to Store Section of CUI, Islamabad before or on 7th January 2021 upto 11:30 hrs. Bids will be opened on the same day at 12:00 hrs.
- The successful bidder will deposit 1/4(One Fourth) of the total bid price for each lot on the spot and the remaining 3/4 (Three fourth) within two days of the auction date. Otherwise security and other deposited amount will be forfeited. Furthermore, the successful bidder is also liable to pay all applicable taxes in addition to the bid(s) amount. Rates quoted by bidders will be considered exclusive of government taxes.
- The successful bidder will have to move the auctioned items within 3 days of the auction, CUI will not be responsible for any claim and losses by any vender for the execution of this public auction.
- CUI reserves the right to accept/reject any or all bid(s) or alter the quantity without assigning any reason.
- For any queries, interested parties may contact Mr.Azhar-ul Hassan Jafri, Store Section on Contact # 051-90495088-5081.
Deputy Treasurer (Store Section) COMSATS University Islamabad 2nd Floor, Faculty Block-2, Park Road, Tarlai Kalan, Islamabad Ph # 051-90495088.