AUCTION: Unserviceable Scrap Material of MsXpert Engineering Pvt. Ltd.

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. MsXpert Engineering Pvt. Ltd. is conducting a public auction for the disposal of unserviceable scrap material at its premises in Rawalpindi. Interested parties are invited to participate in this open auction scheduled for 30 September 2026 at 09:00 AM. The auction will be held at the company's designated site, and all relevant details regarding participation, earnest money, and terms are provided in the notice. Items being auctioned: - Unserviceable scrap material (details and quantity as available at site) The total reserve price for the scrap material is set at Rs. 10,000,000. Bidders are required to deposit earnest money equivalent to 25 percent of the bid amount in the form of pay order or CDR in favor of Director Finance, MsXpert Engineering Pvt. Ltd. The successful bidder must pay the remaining 75 percent within the stipulated time after the auction. All taxes, duties, and levies applicable under government rules will be borne by the successful bidder. Participants must bring their original CNIC and proof of earnest money deposit to the auction venue. Only those who fulfill these requirements will be allowed to participate. The auction committee reserves the right to accept or reject any bid without assigning any reason. The deadline for participation is 30 September 2026 at 09:00 AM. For further details, contact the Assistant Manager Admin at the number provided below. Tip: Arrive early on auction day to inspect the scrap material and clarify any queries with the auction staff before bidding begins.