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Description / Scope of Work
The Pakistan Kuwait Investment Company (Pvt.) Ltd. in Karachi, Sindh invites sealed bids for the sale/disposal of various vehicles on an as-is-where-is basis. The vehicles available for disposal include a 2023 Hyundai Tucson AWD (Greyphite), a 2019 KIA Sportage AWD (Canadian Red). Interested bidders are required to inspect the vehicles between 10:00 AM to 03:00 PM on 05th May 2026. Sealed offers on plain paper accompanied by a pay order or demand draft equal to 10 percent of the offer value as earnest money must reach the Admin department latest by 06th May 2026 up to 03:00 PM. Bids must be submitted in a sealed envelope specifying whether advance tax is included or not. The bids will be opened on 07th May 2026 at 11:30 AM at the PKIC Head office in the presence of bidders. The successful bidder must pay the balance amount within two working days, and all transfer charges, government taxes, or duties will be borne by the successful bidder as per the income tax ordinance. PKIC reserves the right to accept or reject any or all offers without assigning any reason.