AUCTION: Unserviceable Wood, Copper and Aluminium Scrap at Islamabad Naval Complex

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. **GE (Navy) Maintenance, Islamabad Naval Complex Sector E** has announced a re-auction for the disposal of unserviceable and second-hand material located at its Islamabad Naval Complex premises. This is an asset disposal opportunity for scrap dealers, recyclers and other eligible auction participants. The successful bidder will acquire the offered material through auction and will pay the department in accordance with the applicable auction conditions. Printed material list: 1. Unserviceable or second-hand wood scrap; 2. Copper scrap; 3. Aluminium scrap; 4. FAS material, as printed; 5. E&M and B&R related scrap material, as printed. Specific quantities, lot-wise measurements, reserve prices and detailed condition of each item are not provided in the notice. Interested bidders should inspect the material and obtain clarification regarding segregation, loading, lifting, weighment, taxes and the precise scope of FAS, E&M and B&R material before bidding. The auction is scheduled at **11:00 AM on Thursday, 27 August 2026** at the relevant GE (Navy) Maintenance office or auction venue in Islamabad. Bidders wishing to participate are required to submit a Pay Order of **PKR 1,000,000** in favour of GE (Navy) Maintenance, as stated in the notice. Government taxes, including Income Tax and Sales Tax, will be applicable. Other terms and conditions may be obtained or confirmed at the auction spot. Participants should bring valid identification, business credentials and original Pay Order documentation. They should also verify whether the deposit is refundable for unsuccessful bidders, the payment deadline for the successful bidder, removal period, loading responsibility and treatment of taxes. A practical bidding tip is to physically inspect each scrap lot before auction day and calculate a price after allowing for recovery yield, transport, labour, taxes and disposal risk.