Disposal of Eight Used Vehicles by Faisalabad Electric Supply Company

The Faisalabad Electric Supply Company (FESCO) is offering for disposal eight used vehicles through an E-Auction process. These vehicles are parked at the Regional Store in Faisalabad and include various models such as Suzuki Pickup, Mazda Pickup, Suzuki Van, Pajero Jeep, Mit Pajaro Jeep, Toyota Hilux, Nissan Jeep, and Mitsubishi Pajaro 03 Door, with model years ranging from 1985 to 1999. The auction will be conducted on an "as is where is" basis via the E-PADS 2.0 System on 10th June 2026. Bidders must participate online and submit their bids by 11:00 AM, with the opening of bids at 11:30 AM on the same day. Earnest money or bid security amounts vary per vehicle, ranging from PKR 25,000 to PKR 40,000, payable via Bank Draft, Pay Order, CDR, or Banker’s Cheque in favor of CEO FESCO. Registration with the Federal Board of Revenue (FBR) is mandatory for participation. This disposal notice is specifically for suppliers and bidders based in Faisalabad, Punjab. The vehicles can be inspected during working hours at the specified location before the auction date. All applicable government taxes must be paid within 21 working days of issuance of the Letter of Acceptance. The bid remains valid for 150 days from the auction date and can be extended with mutual consent. Interested bidders should ensure timely registration on the E-PADS platform and prepare their earnest money deposits accordingly. A practical tip for bidders is to carefully inspect the vehicles beforehand and verify all auction terms to avoid forfeiture of earnest money. The submission deadline and auction date are fixed, so punctuality is crucial to participate successfully in this disposal process.