Tender Details
Description / Scope of Work
Security Papers Limited, headquartered in Karachi, Sindh, invites sealed bids for the disposal of two vehicles on an as-is-where-is basis under Tender No. 03. The vehicles are a Honda City CVT 1.2 LT (Registration BZJ-101) and a Toyota Yaris GLi 1.3 (Registration BYW-951). The tender aims to liquidate these assets through competitive sealed bidding. Tender form and detailed specifications with general terms and conditions are available from the company's registered office at Jinnah Avenue, Mair Hall, Karachi, 75100, during office hours from 9:00 a.m. to 12:00 noon on weekdays only. The earnest money deposit required is Rs. 300,000 (refundable).
The tender form fee is Rs. 1,000 (non-refundable). Bidders must submit sealed bids containing the prescribed tender form along with attached details and general terms and conditions. Bids received after the prescribed closing date and time will not be considered. In case of a public holiday, sealed bids will be opened on the next working day. Bidders or their authorized representatives are welcome to attend the opening ceremony. Only conditional, incomplete bids without earnest money received after due date and time will be rejected.
Tender submission closes on 3:00 p.m. on 3 September 2026, with bid opening scheduled for 3:30 p.m. on the same date at Security Papers Limited's office in Karachi. Interested parties should obtain tender forms and clarifications directly from the Head of Supply Chain at the above address. The notice emphasizes compliance with all prescribed conditions and timely submission of complete documentation for bid eligibility.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.
Two used vehicles offered for disposal as-is-where-is: a Honda City CVT and Toyota Yaris GLi.
Small-scale one-off liquidation tender with modest earnest money (Rs. 300,000) and form fee (Rs. 1,000). Bidders should inspect vehicles at Security Papers Limited's Karachi office before tendering. No complex technical specifications; straightforward asset disposal. Tight submission window—less than one week from likely publication to closing.
Who can bid: The notice does not explicitly state eligibility criteria. Typically, for vehicle disposal tenders in Pakistan, bidders must be registered with the relevant authority (SECP for companies or NTN for individuals), clear of any outstanding liabilities, and capable of immediate payment. No PEC or specialist licensing appears required for asset purchase.