Auction of Unserviceable Fuel Tanks at Petroleum Oil and Lubricants Depot Army Service Corps Taraki Jhelum

This auction notice from the Army Service Corps at the Petroleum Oil and Lubricants Depot in Taraki, Jhelum, invites sealed bids for unserviceable fuel tanks made from galvanized iron sheets approximately 3-4mm thick. The auction is scheduled for 27 January 2026 at 1030 hours, providing a clear opportunity for interested parties in Jhelum to acquire these materials. The fuel tanks, being unserviceable, are likely to require dismantling or recycling. The site at Taraki is a specialized military depot, which means bidders should be prepared for the logistics of handling and transporting heavy metal sheets. The engineering challenge lies in safely managing these materials while complying with military protocols. While the notice does not specify PEC categories or FBR/ATL registration requirements, it is advisable for bidders to ensure their tax documentation and registrations are up to date for the fiscal year 2025-26. This will facilitate smooth transaction processing and compliance with government regulations. Bidders must submit their sealed tenders before the auction date, with the event taking place at the Petroleum Oil and Lubricants Depot, Army Service Corps Taraki, Jhelum. The auction will start promptly at 1030 hours on 27 January 2026. Payment terms include 25% payment on the spot and the remaining 75% within seven working days. Pro-Tip: Confirm the exact payment procedures and tax deductions such as Income Tax and Sales Tax before bidding, as these are paid separately and can impact the final cost. Also, verify the auctioneer's contact details for any last-minute clarifications to avoid missing critical updates.