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Auction of Vehicles and Motorcycles by Postmaster General Balochistan Circle Quetta

Expired Tender
⏰ Closing Date:
2024-07-04

Tender Document

Tender Description

The Office of the Postmaster General Balochistan Circle in Quetta is conducting an auction for vehicles and motorcycles. This procurement opportunity is specifically for interested bidders in Balochistan who wish to participate in the auction of government-owned vehicles and motorcycles. The auction requires bidders to submit earnest money amounting to 10% of the reserved price in the form of a CDR or Pay Order in favor of the Postmaster General Balochistan Circle Quetta. Successful bidders must deposit 25% of the total bid amount on the spot, with the remaining balance payable within seven days of auction approval. All government taxes will be charged in addition to the bid amount. Bidders must provide a valid National Identity Card and contact details on the prescribed format. The successful bidder will be responsible for transferring ownership, registration, and all related expenses within one month of payment confirmation. Vehicles must be lifted within seven days of full payment, and bidders will be liable for any misuse after lifting. The procuring agency reserves the right to accept or reject any bids according to PPRA Rules-2004. This auction is ideal for bidders with experience in vehicle procurement or resale. While no specific PEC category is required, bidders should be registered with FBR and maintain a good standing. The submission deadline is strictly enforced, and all bids must be submitted to the Office of the Postmaster General Balochistan Circle in Quetta. A practical tip for bidders is to ensure the earnest money deposit is correctly prepared and submitted on time to avoid disqualification. Careful attention to the terms and conditions will help bidders avoid forfeiture of advance payments and ensure smooth ownership transfer.
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