Sale of Used Engine Oil by National Logistics Corporation

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The National Logistics Corporation (NLC) invites sealed quotations for the sale of used engine oil from its various units located in Karachi, Rawalpindi, and Lahore. The total estimated quantity of used engine oil available for sale is approximately 112,719 liters. The specific locations and quantities are: - Karachi Base Workshop NLC: 70,000 Liters - R&M Section Rawalpindi: 18,719 Liters - TFS Lahore: 24,000 Liters The used oil will be lifted from the specified locations as per the schedule communicated by the concerned units. No containers or barrels will be provided for carrying the oil. Buyers must provide a demand draft in favor of National Logistics Corporation HQ Main Account at the time of lifting the oil. Payment must be made in advance against the quantity offered. The buyer is required to lift the oil within 30 days from the date of Letter of Acceptance (LOA), with the possibility to lift an additional 15% quantity with mutual consent. Firms interested in participating must have valid NTN/Tax registration and a registration certificate from the Reclamation Plant Ministry of Petroleum & Natural Resources. Resellers may participate with proper authorization. Tender fee of Rs. 2,000 (non-refundable) and bid security of Rs. 500,000 (refundable) in the form of a bank draft are mandatory. Offers must be submitted in printed electronic form; handwritten bids will not be accepted. The tender follows the Single Stage One Envelope procedure under PPRA rules. Bids should be addressed to the Assistant Manager Inventory Support Branch, HQ NLC, Harding Road, Rawalpindi. The tender opening will take place at the Support Branch Basement Conference Room, HQ NLC, Rawalpindi. The validity of offers must be at least 60 days from the date of tender opening. Bidders are advised to carefully review the terms and conditions, ensure compliance with registration and documentation requirements, and attend the tender opening with proper authorization. Timely submission and adherence to the prescribed format will enhance the chances of successful participation.