Auction of Vehicles and Public Assets by Cabinet Division

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Cabinet Division invites electronic bids for the disposal of public assets through an open auction process. This auction is conducted via the EPADS v2.0 platform and targets interested firms and individuals including Individual Consultants, Sole Proprietorships, Partnership Firms, and Companies (Private Limited). The auction concerns the disposal of vehicles and other public assets, which may include electrical, civil, or mechanical works-related items. Items being auctioned include: - Vehicles - Various public assets subject to disposal regulations Bidders must be registered with the Federal Board of Revenue (FBR) for Income Tax and Sales Tax and must be active taxpayers. PEC registration may be required depending on the nature of the assets. Manual bids are not accepted; all bidding is online through EPADS v2.0. The auction opens and remains active until Friday, August 28, 2026, at 11:00 AM, with final evaluations and the opportunity to increase offers until 11:30 AM the same day. The highest offer at closing will be selected automatically. This auction provides a transparent and regulated platform for disposal of government assets, ensuring fair competition and compliance with public asset regulations. Interested bidders should ensure timely registration on EPADS and prepare their bids accordingly. A practical tip for bidders is to monitor the auction closely during the final minutes to increase their bids strategically, as the system allows multiple increments until the closing time. Contact details and submission instructions are provided below for further assistance.