Auction of Scrap, Used Answer Sheets and Unserviceable Equipment by Government College University Faisalabad

Government College University Faisalabad invites sealed offers for the auction of unserviceable and irreparable items on an as-is-where-is basis. Participants may bid for a single item or all items and must comply with the terms approved by the Auction Committee and the prevailing Punjab Auction Rules.

The auction comprises eight categories: paper waste consisting of used answer sheets, with a reserve price of 60; iron scrap, miscellaneous iron items and frames, 110; hardware and IT items including computers, photocopy machines, monitors, LCDs and keyboards, 70; batteries, 230; used mobil oil, 92; tyres, 65; scrap refrigerators, freezers and air conditioners, 120; and scrap plastic items, plasticware and chairs, 60. Quantities are described as miscellaneous weights, with kilograms identified for paper waste and iron scrap, and miscellaneous litres for mobil oil.

The auction will take place on 17 November 2026 at 12:00 noon at Government College University Faisalabad, old campus. Sealed proposals must be submitted by 11:30 AM that day. Auction goods may be inspected at the university campuses during official hours, 08:00 AM to 04:00 PM, Monday to Friday.

Bidding documents will be available from the Secretary Auction Committee, DP&IC, on 16 November 2026, one day before the auction. Applicants must pay a non-refundable document fee of Rs. 1,000 and submit the application proforma with copies of their CNIC, NTN and GST certificates. Participants must be active income tax and GST taxpayers. University employees and their relatives are ineligible to participate.

Each participant bidding for one or all items must enclose earnest money or bid security of Rs. 100,000 with the sealed bid. Security must be provided as a CDR, bank draft or bank guarantee in favour of Treasurer Government College University Faisalabad. Earnest money will be refunded to unsuccessful bidders. Withholding tax at government-approved rates for filers and non-filers will be charged in addition to the bid price.

Successful bidders must deposit 50% of the total bid amount on the auction day, excluding earnest money, and collect the items within the stipulated period. Failure to collect will result in cancellation of the offer and forfeiture of earnest money. The successful bidder for solved answer sheets must sell them directly to a paper mill and submit an affidavit on stamp paper to the university; otherwise, earnest money will be forfeited.

The issuing officer is the Convener Auction Committee, Government College University, Allama Iqbal Road, Faisalabad. Telephone: 041-9201468.