AUCTION: Unserviceable Scrap Material at Pakistan Machine Tool Factory Karachi

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Pakistan Machine Tool Factory (PMTF) Karachi is inviting sealed bids for the auction of unserviceable scrap material. This auction presents an opportunity for interested parties to acquire various types of scrap generated from the factory's operations. The auction will be conducted at the PMTF premises in Karachi, and all interested bidders are encouraged to participate as per the schedule provided. Items being auctioned: - Unserviceable scrap iron - Unserviceable scrap copper - Unserviceable scrap aluminum The auction will be held on 5th October 2026 at 10:00 AM at the PMTF site. Bidders are allowed to inspect the scrap material on 2nd and 3rd October 2026 between 9:00 AM and 11:00 AM. All participants must bring their original CNIC for entry and registration. A refundable earnest money of Rs. 5,000 in the form of pay order is required for participation, which must be submitted along with the bid documents. Successful bidders will be required to deposit the full amount within three (03) days of the auction result announcement. The auction is open to all eligible Pakistani individuals and firms. It is mandatory for bidders to comply with all PMTF rules and regulations regarding the auction process. The auction committee reserves the right to accept or reject any bid without assigning any reason. For further details or clarifications, interested parties may contact the provided phone number. Tip: Arrive early on the inspection days to thoroughly assess the quality and quantity of the scrap material, as this will help you make a more informed and competitive bid.