AUCTION: Disposal of Salvage and Company Maintained Vehicles

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. UKG Group invites sealed bids for the sale of salvage vehicles and company maintained vehicles on an 'AS IS WHERE IS' basis in Lahore. Interested bidders are required to submit their bids by the **last date of September 30, 2026**. The auction includes disposal of various salvage vehicles and company maintained vehicles, specific details of which are not provided in the notice. Bidders should note that 10% withholding tax applies to filers and 20% to non-filers. This auction offers an opportunity for suppliers and dealers interested in acquiring salvage vehicles for parts or refurbishment. The sale is conducted by UKG Group, located at 1-A Upper Mall, Lahore. Prospective bidders are advised to carefully review the terms and conditions, prepare their earnest money or bid security accordingly, and ensure timely submission of sealed bids to the specified address. This auction is ideal for those with experience in vehicle salvage and resale. A practical tip for bidders is to inspect the vehicles thoroughly before bidding to assess their condition and potential value, as the sale is strictly on an 'AS IS WHERE IS' basis with no warranties. This will help in making informed bidding decisions and avoid post-auction disputes.