AUCTION: Disposal of Old and Unserviceable Items at TEVTA Govt Technical Training Institute Sialkot

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Technical Education and Vocational Training Authority (TEVTA) Govt Technical Training Institute Sialkot is conducting a public auction for the disposal of various old and unserviceable items. Interested parties are invited to participate in this open auction, which will be held at the institute premises in Sialkot. This is an excellent opportunity for scrap dealers, resellers, and interested buyers to acquire surplus items from a reputable government institution. Items being auctioned: - Old and unserviceable machinery - Old and unserviceable furniture - Old and unserviceable office equipment - Miscellaneous scrap material All items are available for inspection at the institute before the auction date. The auction will take place on 27 September 2026 at 11:30am. Interested bidders must submit a Call Deposit Receipt (CDR) of Rs. 50,000 as earnest money to participate in the auction. The successful bidder will be required to deposit 25% of the bid amount immediately after the auction, with the remaining amount payable within the stipulated time as per the auction terms. All items will be sold on an as-is-where-is basis, and the department reserves the right to accept or reject any bid without assigning any reason. Bidders are advised to carefully inspect the items prior to the auction and ensure that their CDR and identification documents are in order. The auction will be conducted in the presence of the auction committee, and the decision of the committee will be final. For further details, interested parties may contact the office at the number provided below. A practical tip: Arrive early on the auction day to inspect the lots thoroughly and clarify any queries with the auction staff to avoid last-minute confusion.