AUCTION: Official Vehicles Disposal by President's Secretariat (Public) Islamabad

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. President's Secretariat (Public) in Islamabad is conducting an open auction for the disposal of official vehicles. This auction provides an opportunity for interested bidders to acquire a range of used government vehicles, each with a specified reserve price and earnest money requirement. The auction will be held at the President's Secretariat (Public), 3rd Floor, Awan-e-Saddar, Islamabad. Items being auctioned: - Honda Civic (Reserve Price: PKR 1,200,000, Earnest Money: PKR 120,000, Asset No: GP-001) - Toyota Corolla (Reserve Price: PKR 2,200,000, Earnest Money: PKR 220,000, Asset No: IDP-2) - Toyota Corolla (Reserve Price: PKR 2,400,000, Earnest Money: PKR 240,000, Asset No: GP-020) - Toyota Corolla (Reserve Price: PKR 2,000,000, Earnest Money: PKR 200,000, Asset No: GP-005) - Toyota Corolla (Reserve Price: PKR 2,000,000, Earnest Money: PKR 200,000, Asset No: IDP-9) - Toyota Corolla (Reserve Price: PKR 2,600,000, Earnest Money: PKR 260,000, Asset No: GP-012) - Toyota Corolla (Reserve Price: PKR 2,000,000, Earnest Money: PKR 200,000, Asset No: GP-009) - Suzuki Van (Reserve Price: PKR 400,000, Earnest Money: PKR 40,000, Asset No: GP-25) - Suzuki Van (Reserve Price: PKR 400,000, Earnest Money: PKR 40,000, Asset No: GP-98) - Toyota Hi-ace (Reserve Price: PKR 1,800,000, Earnest Money: PKR 180,000, Asset No: IDP-32) - Hino Bus (Reserve Price: PKR 2,200,000, Earnest Money: PKR 220,000, Asset No: GP-099) Each vehicle is offered as a single lot, and the reserve price is the minimum acceptable bid. Interested parties must deposit the specified earnest money for each vehicle they wish to bid on. The vehicles can be inspected at the President's Secretariat premises during working hours prior to the auction date. Bidders are required to bring original CNIC and proof of earnest money deposit on the day of the auction. Only those who fulfill the earnest money requirement will be eligible to participate. The highest bid above the reserve price will be considered for award, subject to approval by the competent authority. All applicable taxes and transfer charges will be borne by the successful bidder. A practical tip: Arrive early on the auction day to inspect the vehicles thoroughly and clarify any queries with the auction committee, as this can help you make a more informed bid.