AUCTION: PSC Vehicles (Kia Sportage, Toyota Pickups) at Lahore, Khanewal, Rahim Yar Khan

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Punjab Seed Corporation is conducting a public auction of used vehicles at its head office and processing plants in Lahore, Khanewal, and Rahim Yar Khan. Interested parties are invited to participate in the auction scheduled for 15 September 2026 at 11:30 AM at PSC Head Office, 4-Lytton Road, Lahore. The vehicles being auctioned are as follows: - Kia Sportage, 2004 (Registration LRY-9899), Reserve Price: PKR 900,000, Location: PSC Head Office, 4-Lytton Road Lahore - Toyota Pickup, 2000 (LXP-6454), Reserve Price: PKR 1,325,000, Location: PSC Head Office, 4-Lytton Road Lahore - Toyota Pickup, 1999 (LXK-3604), Reserve Price: PKR 1,270,000, Location: PSC Head Office, 4-Lytton Road Lahore - Toyota Pickup, 1996 (KWB-1811), Reserve Price: PKR 1,200,000, Location: PSC Head Office, 4-Lytton Road Lahore - Toyota Pickup, 1996 (KWB-1670), Reserve Price: PKR 1,220,000, Location: PSC Processing Plant Khanewal - Toyota Pickup, 2004 (KWC-5968), Reserve Price: PKR 1,230,000, Location: PSC Processing Plant Khanewal - Toyota Pickup, 1996 (KWB-1567), Reserve Price: PKR 1,240,000, Location: PSC Processing Plant Khanewal - Toyota Pickup, 2004 (GAQ-3973), Reserve Price: PKR 1,500,000, Location: PSC Processing Plant Rahim Yar Khan All vehicles are being sold on an as-is-where-is basis. Bidders must deposit earnest money equal to 10 percent of the reserve price for each vehicle they wish to bid on, in the form of a pay order or CDR, before the auction begins. Only those who deposit the required earnest money will be allowed to participate. Successful bidders must pay the full amount within 15 days of the auction, failing which the earnest money will be forfeited. Vehicles can be inspected at their respective locations during office hours prior to the auction date. A practical tip: Arrive early on auction day to complete earnest money formalities and inspect the vehicles in person, as this will give you a better chance to assess condition and avoid last-minute rush.