Disposal of Salvage Company Maintained Vehicles

UIG Group is offering an opportunity for suppliers and buyers to participate in the disposal of salvage company maintained vehicles on an 'AS IS WHERE IS' basis. This procurement is managed by UIG Group located in Lahore, Punjab. The vehicles are placed in Lahore and Karachi, providing a diverse selection for interested bidders. Items being procured: - Toyota Corolla Altis Model 2023 (Lahore) - Toyota Yaris Model 2025 (Lahore) - Honda Civic Model 2005 (Lahore) - BYD Shark Model 2026 (Karachi) - Suzuki Alto Model 2025 (Karachi) The scope involves the sale of these salvage vehicles without any warranty or guarantee, emphasizing the need for bidders to inspect and evaluate the vehicles carefully before submitting their bids. The vehicles are sold in their current condition, and the buyer will be responsible for all subsequent repairs or maintenance. Eligibility criteria typically include being a registered supplier or buyer with the capability to handle salvage vehicles. While no specific PEC category or FBR/ATL registration is mentioned, bidders should ensure compliance with local tax and business regulations. The notice highlights a withholding tax of 10% for filers and 20% for non-filers, which will be charged on the offered price. The last date for bid submission is **July 27, 2026**, with bids to be submitted at 1-A Upper Mall, Lahore. Interested parties can contact the provided phone number 0320-3570470 for further information. A practical tip for bidders is to conduct a thorough physical inspection of the vehicles before bidding to assess their condition and potential repair costs. This will help in making an informed offer and avoid unexpected expenses after purchase. Additionally, understanding the tax implications and ensuring timely submission of bids will enhance the chances of successful procurement.