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AUCTION: Bhatha Chowk Lahore Market Committee Annual Fee Collection Rights 2026-27

Tender No: IPL-8499
Expired Tender
Closing Date:
2026-08-19

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. Market Committee Bhatha Chowk Lahore is inviting open public auction bids for the annual collection rights of market fees for the fruit and vegetable market at Bhatha Chowk, Lahore, for the financial year 2026-27. The auction will be held on 19-08-2026 at the office of the Market Committee Bhatha Chowk Lahore. Interested parties are encouraged to participate in this competitive bidding process for the right to collect market fees from traders and vendors operating within the designated market premises. Items being auctioned: - Annual collection rights for market fees at Fruit and Vegetable Market Bhatha Chowk Lahore for the year 2026-27 (Reserve price: Rs. 100,000,000; Upset price: Rs. 120,000,000) The technical scope includes the exclusive right to collect all applicable market fees from the market as per the rules and regulations set by the Market Committee. The successful bidder will be responsible for ensuring transparent and efficient fee collection throughout the year. The auction is open to all eligible Pakistani individuals and firms who can meet the reserve price and provide the required earnest money as per the auction terms. Bidders must bring valid CNICs and proof of financial capability. The auction will be conducted in the presence of committee officials, and the highest bid above the reserve price will be considered for award. Earnest money and bid security requirements apply as per the committee's rules. The deadline for participation is 19-08-2026. Bidders should arrive early to complete registration and verification procedures. For practical success, review previous years' auction results and ensure your bid reflects both the market potential and your operational capacity to maximize returns from the collection rights.
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