AUCTION: Annual Collection Rights for General Bus Stand Dina 2026-2027

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 Dina invites sealed bids for the annual auction of collection rights for the General Bus Stand Dina for the financial year 2026-2027. This auction provides an opportunity for interested parties to acquire the right to collect fees and charges from the bus stand as per the terms set by the committee. The process is open to all eligible participants who meet the requirements outlined in the notice. Items being auctioned: - Annual collection rights for General Bus Stand Dina (Reserve Price: Rs. 1,068,440) The successful bidder will be responsible for the collection of all applicable fees from the bus stand for the specified period, starting from 01-09-2026 to 30-06-2027. The auction will be conducted in accordance with the Punjab Local Government Auction Rules 2016, and all participants must submit a pay order or CDR equivalent to 10% of the reserve price as earnest money along with their bid. Only those who are not defaulters of the Municipal Committee and have no outstanding dues will be eligible to participate. Bids must be submitted in sealed envelopes to the office of the Chief Officer, Municipal Committee Dina, by the deadline of 01-09-2026. The auction will be held in the presence of the auction committee, and the highest bid above the reserve price will be considered for approval. The successful bidder must deposit the full amount within the stipulated time, failing which the earnest money will be forfeited. A practical tip for bidders: Ensure that your earnest money pay order is prepared in advance and that you have no outstanding dues with the Municipal Committee, as this is a strict eligibility requirement. Carefully review the auction terms and visit the bus stand to assess its revenue potential before bidding.