Open Tender Scrap

Auction of Old/Used Fixed Assets by SME Bank Limited (IOL)

🏛 SME Bank Limited (In Official Liquidation)
📍 Federal
📅 Closes: 8 Oct 2026
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Tender Details

Issuing Organisation SME Bank Limited (In Official Liquidation)
Location Federal
Category Scrap
Published 23 Sep 2026
Closing Date 8 Oct 2026

Description / Scope of Work

The Official Liquidator of SME Bank Limited invites sealed bids for the auction of old and used fixed assets comprising four categories: Category A (air conditioners and electrical items), Category B (wood and ply sheet items), Category C (office equipment and items), and Category D (scrap papers and files). The auction is being conducted at SME Bank Head Office located at Nazimuddin Road, F-6/1, Blue Area, Islamabad. The complete itemised list is available for inspection and collection in hard copy at the Head Office as well as on the websites of PPRA and SME Bank Ltd. Interested parties may view the items during working hours from 24 September 2026 to 7 October 2026 between 10:00 am and 5:00 pm, excluding weekends.

Eligibility is open to all Pakistani individual nationals whether residing in Pakistan or abroad, as well as companies, firms, and societies duly registered in Pakistan under relevant laws. Bidders must furnish earnest money in the form of pay orders totalling Rs 5,000 per category (Rs 20,000 for all four categories). The earnest money is refundable to unsuccessful bidders. Bids must be submitted in writing on the prescribed Bid Submission Form, duly signed by the bidder or authorised company representative, accompanied by a copy of the bidder's CNIC and complete contact details, all enclosed in a separate confidential envelope.

Sealed bid offers must reach the Official Liquidator by post or hand delivery on or before 8 October 2026 at 3:30 pm. Bids will be opened on the same day at 4:00 pm at SME Bank Head Office in the presence of bidders. The successful bidder shall pay applicable taxes as per relevant laws for filers and non-filers, and must deposit the full bid amount within 10 days of receiving the bid acceptance letter. Payment should be made via pay order or banker's cheque in favour of SME Bank Ltd. For Category D items, bidders must quote rates per kilogram and payment will be determined based on actual weight at delivery. If the successful bidder fails to complete payment within the stipulated timeline or refuses to take possession of items, SME Bank reserves the right to forfeit the earnest money and offer items to the next highest bidder. The Official Liquidator reserves the right to reject any or all bids in accordance with PPRA Regulations. Bid validity period is 30 days from the opening date, and unsuccessful bidders' pay orders will be released within 10 days of contract execution.

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For Bidders: Our Analysis PAKISTANTENDER INSIGHT

Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.

SME Bank's Official Liquidator is auctioning surplus fixed assets in four categories (electrical, furniture, office equipment, scrap paper) from its Islamabad headquarters.

This is a one-time liquidation sale, not recurring. The scale appears small to medium—typical office liquidation stock. Key constraint: earnest money of Rs 5,000 per category required upfront; successful bidder must pay full amount within 10 days or forfeit security. Scrap paper buyers must shred materials and accept phased delivery. Unsealed bids open 8 October 2026; ideal for local dealers in used office equipment or recyclers.

Who can bid: Pakistani individuals (domestic or overseas) and registered Pakistani companies/firms/societies may bid. No specific licensing mentioned. Typically, bidders purchasing office equipment require valid NTN registration with FBR; those bidding on scrap require environmental compliance awareness. SME Bank employees are explicitly barred from participating.

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KEY FACTS FROM THE NOTICE
Bid securityRs 5,000 per category (Rs 20,000 for all four categories)
Estimated scaleSmall
Contract typeOne-off
Documents required Sealed bid offer duly signed · Copy of CNIC of bidder · Complete address and phone/cell numbers · For companies: authorisation letter from duly authorised representative · Pay order(s) for earnest money
HA Analysis by PakistanTender Research · Reviewed by Hamza Ali, Cactus Consulting (SMC Pvt) Ltd · How we verify tenders · Report an error

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