Disposal of Unserviceable Electrical Scrap Material at FESCO Faisalabad

This tender invites bids for the disposal of unserviceable electrical scrap material located at various FESCO stores in Faisalabad. The Faisalabad Electric Supply Company (FESCO) is conducting an open public auction for items including ACSR Lynx conductor scrap, damaged electrical iron scrap, aluminum cables scrap, and control cable copper scrap. The auction will be held at the FESCO Community Centre opposite the TRW workshop in Faisalabad. The materials listed are primarily scrap electrical components such as conductors, battery cells, capacitors, and iron scrap, all stored at locations like the Central Warehouse Nishatabad and C-Type Stores on Samundri Road. These items are sold on an 'as is where is' basis, requiring bidders to inspect the materials during working hours before the auction date. The auction process demands earnest money in the form of a Call Deposit Receipt (CDR) or bank draft, with the highest bidder required to pay a quarter of the bid amount on the spot. Bidders should ensure they meet FESCO's compliance requirements, including registration with a copy of CNIC and adherence to tax obligations. The auction is governed by strict rules including a 150-day bid validity and the necessity to pay remaining dues within 21 working days after issuance of the Letter of Acceptance. This tender does not specify PEC categories or FBR/ATL status but advises bidders to be prepared for government tax payments and to follow all auction terms carefully. The submission deadline and auction opening are set for 28th January 2026 at 11:00 AM at the FESCO Community Centre, Faisalabad. Interested parties must register by 09:30 AM on the auction day and arrange for security personnel as required. The physical presence is mandatory for participation. Pro-Tip: Make sure to review the auction terms carefully and prepare the required earnest money deposit in advance. Also, check the newspaper advertisements for any additional instructions or stamp duty requirements that are often overlooked in such auctions.