Disposal of Salvage Company Maintained Vehicles

UMG Group Lahore invites sealed bids for the disposal of salvage company maintained vehicles on an "AS IS WHERE IS" basis. This procurement is specifically for the sale of used vehicles that have been maintained by the company but are now being disposed of. The vehicles listed for disposal include a T/Corolla XLI M-2009, Suzuki Alto M-2012, and Daihatsu Coure M-2008, all placed in Lahore. Items being procured: - T/Corolla XLI M-2009 - Suzuki Alto M-2012 - Daihatsu Coure M-2008 The vehicles are offered strictly on an as-is basis, meaning bidders should inspect and evaluate the condition before submitting their bids. The sale includes all vehicles in their current state without any warranty or guarantee. The location for viewing and collection is Lahore, and bidders should consider transportation and any associated costs. Eligibility criteria typically require bidders to be registered with FBR and have NTN. Since this is a disposal tender, PEC registration is not applicable. Bidders should be aware of the withholding tax policy: 10% for filers and 20% for non-filers, which will be charged on the offered price. The last date for bid submission is **July 8, 2023**. Interested parties should submit their sealed bids to 1-A Upper Mall, Lahore. For further information, contact the provided phone number 0320-3570470. Earnest Money or CDR requirements are not explicitly mentioned but bidders should confirm this during inquiry. A practical tip for bidders is to physically inspect the vehicles before bidding to assess their condition accurately. Since the sale is on an as-is basis, no claims can be made post-purchase. Also, ensure timely submission of bids before the deadline to avoid disqualification.