Auction Notice (October 29, 2020)
Open Public Auction of Standing Trees (109 Approx., Small & Large) at The University of Haripur. Auction will be held on October 29, 2020, at 11:00 am in the Office of Convener Procurement/Auction Committee The University of Haripur on the basis of “Where it is, as it is”.
Terms & Conditions are available at http://www.uoh.edu.pk/tenders .
TERMS & CONDITIONS:
- Trees can be inspected on any working day before the auction during the office hours (9:00 am to 3:00 pm).
- All taxes applicable will be paid by the successful bidder as per FBR rules.
- Participating bidder will have to deposit Rs. 10,000/- (Rupees Ten Thousand Only) in cash before auction. This amount is a security deposit and shall be returned to unsuccessful bidder on spot. In case of any default the security deposit shall be forfeited.
- Successful auctioneer shall pay 25% of total bid amount on same day and balance amount i-e 75% will be deposited before starting of work. In case of failure of the deposit of balance amount within due date and time, auction will stand cancelled and earnest money shall be forfeited.
- The process of cuttings of trees will start after completion of the procedural requirements. All the expenditures will be borne by the successful bidder.
- Area of standing trees shall be cleared to the satisfaction of the University’s Authority within 15 (Fifteen) days from the date of acceptance of rats of successful auctioneer.
- The said work shall be carried out in professional manner, standing trees removed from the site without disturbing educational activities.
- Successful bidder shall be carried out written permission from forest /other office for shifting of trees (if required)
- The University reserves the right to accept or reject any or all the bids under KPPRA & PPRA's Rules.
- Errors and omissions, if any, shall be subject to rectification by the University.
Convener Auction Committee The University of Haripur
Hattar Road Haripur, Ph: 0995-615334-615694