Auction of Vehicles and 75 KVA Diesel Genset by Inter State Gas Systems Islamabad

This auction notice from Inter State Gas Systems (Private) Limited in Islamabad offers vehicles and a diesel genset for sale under sealed envelope bids. The auction includes a 2017 Toyota Altis with 1798cc engine capacity, a 2017 Suzuki Cultus with 998cc engine, and a 75 KVA diesel genset operating at 50 HZ. All items are registered in Islamabad and available for inspection from 19 to 23 January 2026 during office hours. The vehicles and genset are located at the ISGS head office in Petroleum House, Ataturk Avenue, G-5/2, Islamabad. Bidders should note the condition is 'As Is Where Is' and must submit their bids by 3:00 pm on 3 February 2026. The bids will be opened the same day at 3:30 pm in the presence of bidders or their authorized representatives. This process ensures transparency and fair competition among interested parties. Participants are advised to verify their eligibility and ensure compliance with all procedural requirements. Although this is an auction, bidders should be aware of the need for earnest money or Call Deposit Receipt (CDR) as per ISGS terms. The auction is open to all qualified bidders, and no PEC or FBR registration is required for participation. However, bidders should confirm their tax status and ensure they meet any fiscal obligations for the financial year 2025-26. The submission deadline is strictly set for 3 February 2026 at 3:00 pm, with bid opening at 3:30 pm at the ISGS head office. Interested parties can obtain detailed terms and conditions from ISGS during office hours or download them from the official website www.isgs.com.pk. Physical submission via sealed envelope is mandatory. Pro-Tip: Inspect the vehicles and genset thoroughly during the inspection window as no claims will be entertained post-auction. Also, check the newspaper advertisement for any specific stamp duty or documentation requirements that are often overlooked in auction processes.