Organization: Punjab Mineral Development Corporation (PUNJMIN)
Location: Lahore, Pakistan
PUNJMIN invites bids for the open auction of various scrap and machinery items located at its different project sites. Interested buyers can participate in the auction to acquire items such as electrical motors, generators, compressors, and other equipment.
Auction Details
Date and Time:
The auction will be held on Tuesday, November 14, 2023, at 12:30 PM.
Location:
The auction will take place at the respective sites where the items are located.
Items for Auction:
| Item | Quantity | Base Price (PKR) |
|---|---|---|
| Diesel Engine | 7 units | 165,000 - 450,000 |
| Generator | 4 units | 35,000 - 90,000 |
| Compressor | 3 units | 50,000 - 85,000 |
| Electrical Motors | Various | 35,000 - 90,000 |
| Scrap (miscellaneous) | Bulk | Various prices |
Additionally, machinery such as Yanmar 80-HP generators, Atlas XA-175 air compressors, and MTZ-50 tractors will also be auctioned.
Key Terms and Conditions
Participation Requirements:
Interested parties must submit a 25% security deposit of the base price in cash or via pay order in favor of Punjab Mineral Development Corporation to participate in the auction.Documentation:
Participants are required to bring original CNIC, company registration documents, and tax certificates for verification.Payment Terms:
Successful bidders are required to pay the full amount within a stipulated time after the auction.Inspection of Items:
Items for auction can be inspected at the respective project sites before the auction date.Other Conditions:
- PUNJMIN reserves the right to accept or reject any bid.
- All transactions will be subject to PUNJMIN’s policies and government regulations.
For More Information:
Contact Numbers:
- 0332-7547557
- 0332-7547557
- 0333-8105561
Address:
Muhammad Arif, Senior Manager (Procurement)
Punjab Mineral Development Corporation, Lahore
Phone: 042-99205195
This is a unique opportunity to acquire machinery and scrap materials through a transparent bidding process with set base prices and terms.
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