AUCTION: Unserviceable Stores and Scrap at Heavy Industries Taxila (HIT) Golra

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Heavy Industries Taxila (HIT) Golra is conducting a public auction of unserviceable stores and scrap on 28 October 2026 from 0930 to 1500 hours at HIT premises. The auction is organized under the direction of Commandant CMT & SD Golra and managed by M/s Junaid Anwaar Kaini & Co. Bidders are allowed to view and assess the auctionable stores and scrap on 26 and 27 October 2026 between 0900 to 1500 hours at HIT. Items being auctioned include unserviceable stores and scrap materials located at HIT Golra. The auction will be conducted on an 'As is Where is' basis. No individual or party will be allowed to visit the auctionable stores or scrap area once the auction commences. The competent authority reserves the right to reject or cancel any or all bids without reason. Interested bidders must possess original CNIC with photocopy for entry. Successful bidders must deposit 25% of the total sale amount on the spot on the auction day, with the remaining 75% plus applicable taxes to be deposited within the stipulated timeframe. Failure to deposit the initial 25% will result in forfeiture to the government treasury. Bidders must provide firm/company letterhead, delivery order, tax challan forms, and computerized national identity card copies. Removal of auctioned lots must be done by the successful bidder within fifteen working days at their own expense. No representatives are allowed to remove lots on behalf of bidders. Security type stores/scrap must be demilitarized (cut into pieces) at the bidder's expense under supervision. For further details and conditions, bidders may contact telephone numbers 0302-8315786 or 0334-5663786. This auction is a valuable opportunity for suppliers and scrap dealers in Taxila and surrounding areas. Ensure timely presence for viewing and bidding, and prepare all required documentation and payments to avoid disqualification.