AUCTION: Disposal of Public Assets by Federal Government Organization

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Federal Government Organization (FGO) invites interested firms, companies, individual consultants, sole proprietorships, and private limited companies to participate in an electronic auction for the disposal of public assets on an as-is-where-is basis. This e-Auction is conducted through the e-Pak Acquisition and Disposal System (EPADS) v2.0, ensuring transparency and ease of participation for all registered bidders. Items being auctioned include various public assets designated for disposal; however, the specific item list is not provided in the notice. Bidders must be registered with the Federal Board of Revenue (FBR) for both Income Tax and Sales Tax and must appear on the Active Taxpayer List. Additionally, PEC registration requirements may apply if the disposal involves civil, electrical, or mechanical works. The e-bidding documents, containing detailed terms, conditions, specifications, and requirements, are available exclusively on the EPADS portal at https://vendors.epads.gov.pk/. Bidders can search for the auction using Disposal Activity ID No. D10445. Manual bids will not be accepted; all participation must be online through EPADS accounts. The auction will remain open until Tuesday, October 20, 2026, at 11:00 AM, with evaluation and review commencing at 11:30 AM the same day. Bidders have the opportunity to increase their offers multiple times until the closing time. The highest offer at closing will be automatically selected as the winner by the EPADS system. A Grievance Redressal Committee (GRC) is constituted as per Regulation No. 26, with notifications available on the EPADS portal and the procuring agency's website if available. Interested bidders should ensure timely registration and submission of bids through EPADS. A practical tip for bidders is to familiarize themselves thoroughly with the EPADS platform and auction rules ahead of time to avoid last-minute technical issues and to maximize their bidding strategy.