AUCTION: Disposal of Unserviceable Scrap Items and Old Machinery at Govt. College of Technology Sahiwal

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 Sahiwal is inviting sealed bids for the public auction of unserviceable scrap items and old machinery located at the college premises on Farid Town Road, Sahiwal. This auction presents an opportunity for interested parties to acquire various lots of scrap and obsolete equipment that are no longer in use by the institution. The auction will be conducted as per the schedule and terms outlined in the notice. Items being auctioned: - Scrap iron and metal items (Lot No. 763) - Old machinery and equipment (Lot No. 747) - Additional miscellaneous unserviceable items as listed in the detailed inventory available at the college All items are available for inspection during office hours prior to the auction date. The auction will be held on 23-11-2026 at 01:30 PM at the college premises. Interested bidders must submit a Bank Guarantee, CDR, Bankers Cheque, Pay Order, or Bank Draft as earnest money, as specified in the notice. The successful bidder will be required to pay all applicable taxes, including GST (20%, 18%, or 22% as applicable) and Income Tax (10%). Eligibility criteria include submission of valid CNIC, compliance with TEVTA and PPRA rules, and provision of the required earnest money. Bidders are advised to carefully review the terms and conditions, including the reserve price and payment deadlines. The final date for submission of sealed bids is 24-11-2026 at 01:30 PM. For further details, bidders may contact the Principal at the provided phone number. Tip: Visit the college in advance to inspect the lots and clarify any queries regarding the condition of items and payment procedures. This will help you prepare a competitive bid and avoid last-minute issues.