IESCO E-Bidding Auction of Damaged Electrical Equipment and Mazda Pickup

Islamabad Electric Supply Company Limited (IESCO) invites electronic bids for the disposal of damaged electrical equipment and a Mazda pickup on an “as is, where is” basis. The disposal will be conducted through the office of the Chief Engineer (Material Management), IESCO, Islamabad, under Tender No. 91.

Submission and opening: E-bids will be received through E-PADS version 2.0 until 10:30 a.m. on November 10, 2026, and opened at 11:00 a.m. on the same day. The Disposal Committee will open and evaluate the tenders, and the results will be communicated through the PPRA and IESCO websites.

Electronic bidding procedure: Only bids submitted through E-PADS version 2.0 will be accepted. Interested bidders must apply through the E-Pak Acquisition & Disposal System portal at https://www.vendor.epads.gov.pk/login and upload all mandatory information required by the bidding documents.

Bid security: Bidders must submit the original earnest money or bid security in a sealed envelope before the bid closing time. Security must be in the form of a CDR or bank guarantee for the amount applicable to each lot, valid for 120 days and issued by a scheduled bank of Pakistan with an A+ rating or above, in favour of the Chief Executive Officer, IESCO, Islamabad.

Inspection: Bidders may inspect the material at their own expense at IESCO Regional Store, Barakahu, Rawalpindi, and the vehicle at IESCO Motor Pool near the 132 kV Grid Station, Rawal Kashmir Chowk, Islamabad, during office hours until November 9, 2026.

Bid validity and payment: Bids must remain valid for 120 days from the date of e-bid opening. The successful bidder must deposit the total amount for material within 21 working days and for the vehicle within 10 working days of issuance of the Letter of Acceptance. Payment for the successful material or vehicle lot must be submitted to the Finance Directorate, IESCO, as a CDR in favour of the Chief Executive Officer, IESCO. Payment in any other form will not be accepted.

Collection: The successful bidder must lift the material or vehicle within 15 working days of issuance of the Release Order.

Registration and taxes: FBR registration is mandatory for participation. Advance GST of 18%, where applicable, income tax of 10%, and any other tax levied by the government will apply to the offered bid if accepted during the auction contract.

Undertaking: Bidders must submit the undertaking in Annexure-A on Rs. 100 judicial stamp paper, duly signed and stamped, together with the sealed bid security before the bid closing time.

The Chief Executive Officer, IESCO, reserves the right to accept, reject or cancel the tender, or any part of it, at any stage.

Issuing office: Chief Engineer (Material Management), IESCO Head Quarters, Islamabad. Reference: PID(I)3974/26.