AUCTION: Unserviceable Machinery, Equipment, Furniture and Scrap at Govt. College of Technology for Women Lahore

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Govt. College of Technology for Women Lahore, under the Technical Education & Vocational Training Authority (TEVTA), invites interested parties to participate in the open auction of unserviceable machinery, electronic equipment, furniture, and scrap items. The auction will be held on Thursday, 27 August 2026 at 11:00 AM at the college premises on 2-Lytton Road, Lahore. All interested and eligible bidders are encouraged to attend in person and participate in the transparent bidding process. Items being auctioned: - Unserviceable machinery (various types) - Unserviceable electronic equipment - Unserviceable furniture - Miscellaneous scrap items The total reserve price for the auctioned items is set at Rs. 234510. The successful bidder will be required to deposit 25% of the bid amount immediately after the auction, with the remaining amount to be paid within the stipulated time as per the auction terms. A non-refundable participation fee of Rs. 4690 must be paid to obtain the auction documents and participate in the bidding process. All participants must bring their original CNIC and proof of fee payment on the day of the auction. Eligibility is open to all individuals and firms who comply with the auction terms and conditions. The auction committee reserves the right to accept or reject any bid without assigning any reason, as per PPRA and TEVTA rules. For further details, interested parties may visit the college office or consult the official TEVTA and PPRA websites. Tip: Arrive early on auction day to inspect the items in person and clarify any queries with the auction committee before bidding. This will help you make an informed decision and avoid surprises.