AUCTION: Unserviceable Public Assets Chain Dozer Ty-220

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Communication & Works Department Gilgit-Baltistan invites sealed bids from the general public for the auction of obsolete, unserviceable, and surplus public assets located in Skardu. This auction is open to any citizen of Pakistan holding a valid CNIC. The asset offered for auction is a Chain Dozer Ty-220 (chain) with a quantity of 22000 Kg, situated at the New Machinery workshop near Secretary C&WD Camp Office Skardu. Items being auctioned: - Chain Dozer Ty-220 (chain), 22000 Kg The reserve price for this asset is set at **PKR 3,146,000** with an earnest money requirement of 5% amounting to **PKR 157,300**. Bidders must submit their bids by the closing date of **29-10-2026** before 10:00 AM. The bids will be opened on the same day at 10:30 AM. Interested bidders should ensure their bids are sealed and submitted in accordance with the auction rules and regulations. This is a valuable opportunity for buyers to acquire heavy machinery at competitive prices. It is advisable to inspect the asset beforehand and prepare the required earnest money in the form of a Pay Order or CDR. For successful participation, bidders should carefully review the auction terms and ensure timely submission. Late bids will not be entertained. The auction process is transparent and governed by the applicable rules of the Gilgit-Baltistan Communication & Works Department. A practical tip for bidders is to verify the condition of the machinery and confirm all auction requirements well before the closing date to avoid last-minute issues.