AUCTION: Bannu TMA Parking Stand and Shop Lease Rights 2025-2026

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Tehsil Municipal Administration Bannu is inviting sealed bids for the auction of parking stand and shop lease rights for the financial year 2025-2026. The auction will be conducted as per the Khyber Pakhtunkhwa Local Government Act and relevant rules. Interested parties are encouraged to participate in this open auction for lucrative municipal assets in Bannu city. Items being auctioned: - General Bus Stand Parking Stand, Bannu City (33 units, Reserve Bid: Rs. 3,000,000) - General Bus Stand Shop No. 13 (6 feet, Reserve Bid: Rs. 20,000) - General Bus Stand Shop No. 121 (Reserve Bid: Rs. 10,000) The auction will be held on 3rd October 2026 at 4:00 PM at the TMA Bannu office. All interested bidders must submit their earnest money and required documents before the auction date. The successful bidder will be responsible for fulfilling all terms and conditions as outlined by TMA Bannu, including timely payment of the lease amount and compliance with municipal regulations. Bidders must bring original CNIC and proof of deposit for earnest money. The lease period is for one year, and the highest bidder meeting all requirements will be awarded the contract. Eligibility criteria include Pakistani nationality, submission of earnest money (CDR/Pay Order), and compliance with all legal and municipal requirements. Bidders are advised to carefully review the terms of reference (TOR) and visit the site before participating. For best results, ensure all documentation is complete and arrive early on auction day to avoid last-minute issues. This is an excellent opportunity for local investors and business owners to secure valuable municipal property rights in Bannu.