Vehicles for Auction by Transport Department The Bank of Punjab Lahore

The Bank of Punjab Transport Department Administrative Support Group in Lahore invites sealed bids for the auction of vehicles on an "as is where is" basis. The auction is a great opportunity for suppliers and bidders interested in acquiring used vehicles directly from a reputable financial institution. Items being procured: - Honda Civic, Registration BSJ-491, Model 2020 - Honda Civic, Registration BSL-306, Model 2020 - Honda Civic, Registration AKF-026, Model 2022 - Honda Civic, Registration AJX-769, Model 2022 - Honda Civic, Registration AJX-842, Model 2022 - Honda Civic, Registration AJX-974, Model 2022 - Honda Civic, Registration AMT-669, Model 2022 The vehicles are offered on an "as is where is" basis with reserve prices posted at the site. Bidders must submit their bids on plain paper accompanied by a photocopy of their CNIC and a 10% security deposit in the form of a UC/Call Deposit in the name of The Bank of Punjab. Bids should be dropped in the designated box on the 1st Floor by 02:45 PM on 06-08-2026. Late submissions will not be entertained. The bids will be opened the same day at 03:00 PM. The auction process includes clear instructions such as separate envelopes for each vehicle bid and the possibility of open bidding after initial bids are opened. Successful bidders will be required to deposit withholding tax as per prevailing laws and will have their vehicles transferred after full payment. Security deposits of unsuccessful bidders will be returned within four working days. Vehicles can be inspected at 15-Race Course, China Chowk, Lahore from 09:00 AM to 04:00 PM Monday to Friday. Eligibility includes proper documentation and adherence to bid submission guidelines. The auction is managed by the Transport Manager, Mr. Khurram Shams, reachable at 0333-4500696 and 042-35774013. This tender is ideal for bidders experienced in vehicle auctions and familiar with government procurement rules. The submission deadline is strictly 06-08-2026 at 02:45 PM. Bidders should ensure their bids are complete and submitted on time to avoid disqualification. A practical tip for bidders is to inspect vehicles thoroughly before bidding and ensure all bid documents and security deposits are correctly prepared to avoid rejection.