Auction of Scrap Material of Water Supply at GE Services Malir Cantt Karachi

GE Services Malir Cantt Karachi is conducting an auction for scrap material related to its water supply operations. This auction is scheduled to take place on 28-07-2026 at 10:00 AM on an as-is where-is basis. Interested buyers must prepare to participate in the bidding process by depositing a Pay Order or Bank Draft of Rs. 2 Million in the name of GE Services by 27th July at 3:00 PM. The auction includes the disposal of scrap material from the water supply system managed by GE Services Malir Cantt. Items being procured: - Scrap Material of Water Supply The auction is a straightforward sale of scrap items without further specifications on the types or quantities of materials. The site for the auction is Malir Cantt, Karachi, and the sale will be conducted on the spot. Successful bidders are required to pay 25% of the bid amount immediately upon winning. Additionally, all government taxes applicable on the bid amount must be paid by the buyer. Other terms and conditions will be announced at the auction venue. This auction is ideal for suppliers and buyers experienced in scrap material handling and disposal. While no PEC category or FBR registration is explicitly mentioned, participants should ensure compliance with local tax and auction regulations. The key date for submission of the Pay Order is 27th July 2026 by 3:00 PM, with the auction event on 28th July 2026 at 10:00 AM. A practical tip for bidders is to arrange the Pay Order well in advance and verify all documentation to avoid last-minute issues. Being present at the auction on time is crucial as conditions and additional details will be provided on the spot. This ensures transparency and fair competition for all participants.