AUCTION: Scrap Vehicles and Miscellaneous Items at Lahore Office

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Water and Power Development Authority (WAPDA) is conducting a public auction for the disposal of scrap vehicles and miscellaneous items at its Lahore office. Interested parties are invited to participate in this open auction, which offers an opportunity to acquire surplus assets from a major public sector organization in Punjab. Items being auctioned: - Lot 1: Scrap vehicles and miscellaneous items, reserve price Rs. 2,000,000 - Lot 2: Scrap vehicles and miscellaneous items, reserve price Rs. 2,000,000 - Lot 3: Scrap vehicles and miscellaneous items, reserve price Rs. 1,000,000 The auction will be held on 07.11.2026 at the designated location. All items are available for inspection prior to the auction date, and interested bidders are encouraged to review the lots in person to assess their condition. The auction is open to all eligible individuals and firms, and successful bidders will be required to deposit earnest money as per the terms outlined in the notice. Bidders must bring their original CNIC and submit a pay order or CDR equivalent to the specified earnest money amount. The auction committee reserves the right to accept or reject any bid without assigning any reason. Bids will be accepted in the presence of the auction committee, and the highest bid above the reserve price will be considered for award. The successful bidder must clear all dues and remove the auctioned items within the stipulated time frame. For further details, bidders may contact the office during working hours. A practical tip: Arrive early on the auction day to complete registration and inspect the lots thoroughly, as competition can be strong and well-prepared bidders often secure the best deals.