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AUCTION: General Advertisement System Collection Rights for Municipal Committee Road Kot for 2026-27

Active Tender
Closing Date:
2026-11-10

Tender Document

Tender Document

Tender Description

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Municipal Committee Road Kot is conducting an open auction for the collection rights of the general advertisement system for the financial year 2026-27. The auction will be held on 10 November 2026 at 11:00 AM at the office of the Municipal Committee Road Kot. Interested parties are invited to participate in the auction for the following income contracts, which will be awarded for the period from 01-11-2026 to 30-06-2027. The auction is being conducted under the Punjab Local Government Act 2019 and the Punjab Public Procurement Rules 2016. All participants must be registered with FBR and possess a valid NTN. Successful bidders will be required to deposit 10 percent of the bid amount as earnest money on the spot, with the remaining amount to be paid as per the schedule. The department will also collect 16 percent PST on the total bid amount. Items being auctioned: - General Advertisement System (Reserve Price: 2,640,808 PKR) - Parking Stand (Reserve Price: 600,155 PKR) - Parking Stand at Civil Hospital Road Kot (Reserve Price: 257,777 PKR) - Parking Stand at Civil Hospital Road Kot (Reserve Price: 82,222 PKR) - Parking Stand at Civil Hospital Road Kot (Reserve Price: 744,710 PKR) - Parking Stand at Civil Hospital Road Kot (Reserve Price: 18,888 PKR) The technical scope includes the management and collection of advertisement and parking fees at designated sites within Road Kot. Bidders must ensure compliance with all local government regulations and tax requirements. The auction will be conducted in the presence of the committee, and the highest bid will be considered for award, subject to approval by the competent authority. Bidders are advised to bring all necessary documents, including proof of registration and tax compliance, to avoid disqualification. A practical tip: Arrive early on the auction day to complete registration and review the site locations in advance for a better understanding of the revenue potential.
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