AUCTION: Disposal of Defence Stores by Heavy Industries Taxila Board

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Heavy Industries Taxila Board (HITB) is conducting a public auction for the disposal of defence stores on an As is where is basis at its premises in Taxila. Interested parties are invited to participate in this open auction, which will be held on 7 October 2026 at 0800 hours. The auction is open to all eligible bidders who wish to acquire surplus defence stores from HITB. Items being auctioned: - Defence stores (detailed list and categories available at HITB premises; specific item list not provided in the notice) The stores are available for inspection at the HITB location prior to the auction date. All items will be sold as a single lot or in lots as determined by the auction committee. Bidders are required to deposit 25% of the bid amount as earnest money on the spot, with the remaining balance to be paid within the stipulated period after the auction. Only those with valid CNICs will be allowed to participate. The auction committee reserves the right to accept or reject any bid without assigning any reason. The auction will be conducted at the HITB premises in Taxila. For further details, interested bidders can visit the official website www.hit.gov.pk or contact the provided phone numbers. It is advisable for bidders to arrive early on the auction day to complete registration and review the stores. A practical tip: bring a pay order or demand draft for the earnest money to ensure your participation is not delayed due to payment processing. For more information, contact the HITB office directly.