AUCTION: General Bus Stand Parking Lease Rights 2026-27, Kot Addu

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 Kot Addu invites sealed bids for the public auction of parking lease rights at the General Bus Stand for the financial year 2026-27. This auction provides an opportunity for interested parties to acquire the exclusive rights to manage and collect parking fees at the designated bus stand location in Kot Addu. The auction will be conducted as per the schedule and terms outlined by the committee, and all eligible bidders are encouraged to participate. Items being auctioned: - General Bus Stand Parking Lease Rights, Kot Addu (for financial year 2026-27) - Reserve Price: Rs. 1,800,000 (annual) - Earnest Money (CDR): Rs. 300,000 - Tender Form Fee: Rs. 10,000 (non-refundable) The technical scope includes the management and operation of the parking facility at the General Bus Stand, ensuring smooth traffic flow, proper fee collection, and adherence to the committee's regulations. The successful bidder will be responsible for maintaining order and cleanliness within the parking area throughout the lease period. Bidders must submit a CDR of Rs. 300,000 as earnest money along with their application. The tender form can be obtained from the Market Committee office upon payment of Rs. 10,000. Eligibility criteria require bidders to be financially sound and capable of managing large-scale parking operations. Experience in similar contracts will be considered an advantage. All participants must be registered taxpayers and provide valid CNIC copies. The deadline for submission of sealed bids is 03-09-2026 at 12:00 PM, and the auction will be held on the same day at the Market Committee office. Late or incomplete bids will not be entertained. A practical tip: Visit the bus stand in advance to assess the daily vehicle flow and estimate potential revenue, which will help you bid competitively and plan your operations effectively.