AUCTION: Unserviceable Vehicles and Scrap Items at Government Degree College Skardu

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Government Degree College Skardu is conducting an open auction for the disposal of various unserviceable vehicles and scrap items. The auction will be held at the college premises in Skardu, and interested parties are invited to participate as per the schedule and terms outlined in the notice. This is an excellent opportunity for bidders looking to acquire used vehicles and scrap materials directly from a reputable government institution. Items being auctioned: - Suzuki (Auction Date: 2026-09-05, Reserve Price: PKR 13,500) - Jeep (Auction Date: 2026-09-05, Reserve Price: PKR 4,500) - Toyota Hiace (Auction Date: 2026-09-05, Reserve Price: PKR 30,000) - Scrap (Auction Date: 2026-09-15, Reserve Price: PKR 8,400) - Scrap Machinery (Auction Date: 2026-09-15, Reserve Price: PKR 18,000) - Scrap (Auction Date: 2026-09-15, Reserve Price: PKR 21,000) - Scrap (Auction Date: 2026-09-15, Reserve Price: PKR 30,000) The technical scope includes the auction of both vehicles and various categories of scrap, with each lot having a clearly defined reserve price. All items are available for inspection prior to the auction date, and bidders are encouraged to verify the condition of the assets before participating. The auction will be conducted in the presence of the auction committee, and successful bidders must deposit the full amount immediately after the auction. Eligibility requires bidders to bring their original CNIC and a pay order or bank draft for earnest money as specified in the terms. The auction will start at 10:00 AM on the respective dates, and late arrivals may not be accommodated. Bidders should ensure they have sufficient funds and documentation ready for a smooth transaction. A practical tip: Arrive early on the auction day to inspect the items thoroughly and secure a good position for bidding, as competition can be high for government asset auctions.