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AUCTION: Annual Lease Rights for General Bus Stand and Fruit/Vegetable Market Canteen Talagang 2026-27

Tender No: IPL-8569
Expired Tender
Closing Date:
2026-05-28

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 Talagang invites sealed bids for the annual lease rights of two key properties for the financial year 2026-27. The auction will be conducted for the General Bus Stand Talagang and the Canteen at the Fruit and Vegetable Market Talagang. Interested parties are encouraged to participate in this open auction process, which is being held under the supervision of the committee to ensure transparency and fairness. Items being auctioned: - Annual lease rights for General Bus Stand Talagang (Reserve price: Rs. 10,000,000, Earnest Money: Rs. 1,000,000, Registration Fee: Rs. 30,000) - Annual lease rights for Canteen at Fruit and Vegetable Market Talagang (Reserve price: Rs. 270,000, Earnest Money: Rs. 27,000, Registration Fee: Rs. 30,000) Both properties are being offered for a one-year lease period, starting from 01-07-2026 to 30-06-2027. The auction will take place at the office of Market Committee Talagang. Bidders must submit a call deposit receipt (CDR) as earnest money along with the registration fee before participating. Only those who fulfill the pre-qualification and registration requirements will be eligible to bid. The auction for the bus stand will be held on 28 May 2026 at 11:00 AM, and for the canteen at 1:00 PM on the same day. All participants must be present in person and provide valid CNIC copies. The successful bidder will be required to deposit 1/5th of the bid amount immediately after the auction, with the remaining amount payable as per the committee's terms. For further details, visit the office during working hours. Tip: Arrive early on auction day to complete registration and review the property conditions in person for a competitive edge.
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