LESCO Open Auction Notice for Sale of Scrap/Used Materials

Issuer: Lahore Electric Supply Company (LESCO). Open public auction (Open Auction) for sale of scrap/used electrical materials is announced. Interested parties are invited to submit sealed bids along with required bid security (CDR).

Key conditions and instructions:

• Earnest money: CDR of Rs. 10,000 (as shown) must be submitted with the bid.
• Bids to be submitted in sealed envelopes. Submission and opening times shown in the notice: bidders to deliver bids by 11:00 and bids will be opened at 12:00 (times printed in the advertisement).
• Reserve price and valuation apply. Highest valid bid above the reserve price will be accepted. LESCO reserves the right to accept or reject any bid and to cancel the auction.
• Successful bidders are responsible for removal/transport of lots (removal conditions and timeline apply).
• All bidders must comply with additional terms and conditions listed by LESCO, including production of identity documents and fulfilment of payment formalities.
• For participation and document details contact the issuing office (phone number shown on the notice).

Summary of lots (values/quantities shown in the advertisement):

Contact: telephone number shown on the notice 040-9200122 for further information and inspection arrangements. All bidders should review the full terms printed in the advertisement before submitting bids.