AUCTION: Unserviceable Items at Govt Technical Training Institute Sialkot (UPS, Fans, Furniture, Scrap)

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Technical Education and Vocational Training Authority (TEVTA) Punjab is conducting a public auction for various unserviceable and obsolete items at the Govt Technical Training Institute, Allama Iqbal Road, Sialkot. Interested parties are invited to participate in this open auction, which offers an opportunity to acquire surplus institutional assets at competitive rates. The auction will be held on 20 October 2026 at 12:00pm at the institute premises in Sialkot. Items being auctioned: - Old and unserviceable UPS - Old and unserviceable ceiling fans - Old and unserviceable furniture - Miscellaneous scrap material All items are available for inspection at the institute during working hours prior to the auction date. The auction will be conducted on an as-is-where-is basis, and successful bidders will be required to deposit 25 percent of the bid amount immediately after the auction. The remaining amount must be paid within the stipulated time as per the auction terms. A call deposit receipt (CDR) of Rs. 50,000 in favor of the Principal, Govt Technical Training Institute Sialkot, is mandatory for participation in the auction. Bidders are advised to bring original CNIC and CDR on the day of the auction. The auction committee reserves the right to accept or reject any bid without assigning any reason. For bidders, it is recommended to inspect the items thoroughly before the auction day to assess their condition and estimate resale or reuse value. Arriving early on the auction day will help you complete registration and CDR verification smoothly. For further details, contact the institute at the provided phone number.