Tender Details
Description / Scope of Work
Pakistan Mint, Lahore invites sealed electronic bids from eligible bidders for the disposal of used lubricant oil available at its premises in Lahore, Punjab through open competitive e-auction under the Single Stage One Envelope procedure. The disposal is being conducted in accordance with the Disposal of Public Assets Regulations 2026 and other applicable PPRA instruments. The used lubricant oil shall be disposed of on an 'as is where is' basis without any warranty or guarantee, with bidders required to inspect the assets before submission of electronic bids through EPADS Version 2.0. The procurement agency will provide a full and accurate description of the assets offered, and bidders must satisfy themselves regarding quantity, quality, condition, usability, completeness and any apparent or latent defects.
Eligible bidders must possess legal capacity to enter into the transaction, provide valid CNIC or passport, NTN or registration particulars where applicable, maintain active taxpayer status as required, and not be blacklisted or debarred by any competent authority. Bidders must not be employees or officials of Pakistan Mint or otherwise prohibited from participation, must have no conflict of interest with the disposal process, and must submit required bid security or earnest money equal to Rs 340,000 in the form of pay order, demand draft, CDR, or banker's cheque before closing of bid submission. An affidavit or undertaking regarding eligibility and non-blacklisting is mandatory, along with a declaration of acceptance of 'as is where is' basis and firm or company registration certificate.
Interested bidders may inspect the used lubricant oil at Pakistan Mint, Lahore during working hours from 09:00 AM to 01:00 PM on any working day before bid submission, subject to fulfillment of security protocols. Electronic bids must be submitted through EPADS Version 2.0 before 24 October 2026 at 10:30 AM, with bid opening scheduled for 24 October 2026 at 11:00 AM. The bid shall be evaluated on eligibility, quoted price, completeness of required documents, validity of earnest money, compliance with terms and conditions, and the reserve price. Bid prices must be quoted in Pakistani Rupees inclusive of all applicable taxes, duties, levies and charges, which shall be the responsibility of the successful bidder. The disposable lot will ordinarily be offered to the highest responsive bidder subject to compliance with all eligibility requirements, acceptance of all terms and conditions, bid being equal to or above the approved reserve price, verification of bid security, and approval of the competent authority.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender, written with AI from the official notice and checked by our quality rules — not part of the official notice. Always confirm details against the original tender document.
This is a single-lot disposal of used lubricant oil held by Pakistan Mint Lahore.
The asset is offered on strict 'as is where is' basis with no warranty. Bidders must inspect beforehand and submit bids electronically by 24 October 2026. The earnest money requirement is Rs 340,000, suggesting a moderate-value lot. This appears to be a one-off disposal of surplus operational asset rather than a recurring procurement. Winning bidders must arrange removal of the complete lot within stipulated timeframe and bear all applicable taxes.
Who can bid: Bidders must be individuals, firms or companies permitted under EPADS disposal activity rules. Required: legal capacity, valid CNIC or passport, NTN or registration particulars, active taxpayer status if applicable, and no blacklisting or debarment. Employees of Pakistan Mint are excluded. Typically, disposal bidders must also not have conflict of interest and must submit undertakings regarding eligibility and acceptance of 'as is where is' terms.