Auction of Confiscated Diesel and Petrol at Headquarters Pakistan Coast Guards

The Pakistan Coast Guards in Karachi is conducting an auction for confiscated diesel and petrol along with other related items. This auction is scheduled to take place on 23 July 2026 under the auction procedure rule 2001 on an "As is and where is" basis. The Director General Pakistan Coast Guards holds the authority to reject any bid received during this auction. Items being procured: - Confiscated Diesel - Confiscated Petrol - Other related confiscated items This auction involves the sale of fuel products which are chemical and industrial materials, thus falling under the categories of Chemicals & Industrial Materials and Asset Disposal & Auction. The auction will be held at the headquarters of Pakistan Coast Guards in Karachi, Sindh. Only Oil Marketing Certificate (OMC) holders are eligible to participate in the bidding process, ensuring that only authorized and qualified bidders take part. The entry time for bidders is strictly from 0900 AM to 1000 AM, after which no further entries will be allowed. Interested parties should ensure timely arrival to avoid missing the opportunity. For further details, bidders can contact the provided phone number during office hours. This auction is a unique opportunity for suppliers and dealers in fuel and petroleum products to acquire confiscated stock at potentially competitive prices. Bidders should prepare their Earnest Money and other required documentation in advance. It is advisable to thoroughly inspect the items if possible before bidding, as the sale is on an "As is where is" basis, meaning no claims or returns will be entertained post-auction. The auction process is straightforward but requires strict adherence to the timing and eligibility criteria. Bidders should also ensure their Oil Marketing Certificate is valid and up to date. This tender does not specify a Technical or Financial Bid submission but requires physical presence during the auction time window. A practical tip for bidders is to arrive early and complete all registration formalities before the entry closing time to avoid disqualification. Being well-prepared with all necessary credentials and understanding the auction rules will enhance the chances of a successful bid.