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AUCTION: Disposal of Used Lubricant Oil by Pakistan Mint Lahore
Tender No: Disposal of Used Lubricant Oil/T.No.07/2026-27
Active Tender
Closing Date:
2026-10-24
2026-10-24
Tender Overview
- Category
- Asset Disposal & Auction
- Sector
- Auction
- Tender Type
- Auction
- Procurement Method
- Disposal through e-auction (Single Stage One Envelope)
- Submission Method
- Electronic bids via EPADS Version 2.0
- Source Name
- PPRA
Location & Dates
Contact & Websites
Actions
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Tender Document
Tender Description
NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights.
Pakistan Mint Lahore invites electronic bids from eligible bidders for the disposal of Used Lubricant Oil through an open competitive e-auction as per the Disposal of Public Assets Regulations 2026 and PPRA rules. The disposal will be strictly on an 'AS IS WHERE IS' basis. Bidders must submit their bids electronically via EPADS V2.0 before the deadline. Manual bids will not be accepted.
Items being auctioned:
- Used Oil
- Furnace Oil Sludge (34000 Liters)
- Grease
The successful bidder will purchase and remove the complete lot from Pakistan Mint premises in Lahore. Bidders are encouraged to inspect the assets during working hours from 09:00 AM to 01:00 PM before submitting bids. The disposal will be awarded to the highest responsive bidder meeting all eligibility and bid security requirements.
Eligibility criteria include valid CNIC/Passport, NTN/registration, active taxpayer status, no blacklisting, and submission of bid security of Rs. 340,000 in the form of Pay Order, Demand Draft, CDR, or Banker's Cheque. The bid validity period is 30 days. Payment must be made in cash to Pakistan Mint, and the full disposal value must be deposited in advance before removal of the items.
The successful bidder must remove the disposed lubricant oil within 15 working days of award approval. Failure to pay or remove the items will result in forfeiture of earnest money and other penalties as per PPRA rules.
Bids must be submitted electronically via EPADS before 24-10-2026 at 10:30 AM. The bid opening will be held on the same day at 11:00 AM. Bidders should carefully review all terms and conditions in the bidding documents and ensure compliance to avoid disqualification.
A practical tip for bidders: Inspect the used lubricant oil thoroughly during the allowed inspection hours to assess quality and quantity, as the sale is on an 'as is where is' basis with no warranty or guarantee.