Tender Details
Description / Scope of Work
Punjab Agricultural University, based in Punjab province, invites public participation in an auction of sunflower seeds (189 units) and may seeds (47 units) to be conducted on August 20, 2028, commencing at 11:00 AM at the Zarai University Campus in Faisalabad. This is a commodity auction with quantities and weights to be verified on-site, with the successful bidder responsible for arranging all documentation and payment procedures within the stipulated timeframe.
Prospective bidders must submit a photocopy of their valid national identification card before participation. Mandatory bid security of Rs. 15,000 (refundable) plus a non-refundable fee of Rs. 500 must be deposited with the Auction Committee prior to bidding. Successful bidders are required to execute all necessary registration and licensing formalities as stipulated by the authority. The successful bidder will be obligated to pay one-third of the total bid amount on the spot, with the remaining balance and applicable taxes due within 20 days of auction completion, following which the auction goods may be collected.
Bid documents and detailed terms and conditions are available from the issuing authority. Bids will be opened on the scheduled date and time. The authority reserves the right to accept or reject any bid without assigning reasons. All auction decisions are final and not subject to legal challenge. For further information and bid submission details, contact the concerned office at the university campus.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.
Commodity auction of sunflower and may seeds totaling 236 units by Punjab Agricultural University. This appears to be a one-time disposal of agricultural produce rather than a procurement contract. Bidders must meet identity and financial deposit requirements upfront. The on-site weight verification clause suggests specifications are finalized at auction. Notable constraint: successful bidders face a tight 20-day payment and collection window post-auction.
Who can bid: Any bidder with valid national identification may participate. No sector-specific registration (PEC, SECP, NTN) appears mandated by the notice for commodity auction participation, though typically agricultural produce auctions in Pakistan may be restricted to registered traders or registered firms depending on provincial regulations.