Bids are required for the Auction of Wheat Straw of 92 Acres in the name of Treasurer, University of the Punjab, Lahore.

1.

Bidder is required to deposit CDR of Rs.25,000/- (Rupees:- Twenty Five Thousand only) in the name of Treasurer, University of the Punjab, Lahore along with tender / offers.

2.

Tender with a photocopy of computerized National Identity Card of the Bidder and CDR (which will be refundable to the Bidders except successful Bidders) must be covered in the sealed envelope with the name of bidder, his complete business address must be written on the envelope. Tenders must be submitted in Box which is available in the office of Stock Verification Section, Treasurer Office, University of the Punjab, Quaid-e-Azam Campus, Lahore.

3.

Conditional / without CDR, tender will not be entertained.

4.

The last date of submission of tender is 16th April, 2020 upto 11:30 A.M. and tender will be opened in the presence of bidders / their authorized representatives at 12:00 Noon on same date. In case of bid submission / opening date falls on the public holiday, the submission / opening date will be next working date at same time in the Committee Room, Accounts Branch, Admin Block, Quaid-e-Azam Campus, Lahore.

5.

Wheat Straw for auction be examined during the office hours through R.O-II, University of the Punjab, Lahore.

6.

Auction Committee, University of the Punjab has right to cancel all of the tenders without assigning any reason. The Auction Committee has also the right to opt for open bidding.

7.

Bidder will be responsible to bear all expenses including labour, carriage and applicable taxes etc.

8.

In case of dispute, the decision of the Auction Committee, University of the Punjab, will be the final.

9.

The bidder whose bid is bound to lift the articles within Fifteen days or within the advised time period after depositing of offered amount.

TREASURER