AUCTION: General Bus Stand Sibi Fee Collection Contract 2025-26

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Office of the Assistant Director Local Government Sibi is inviting sealed offers for the auction of the General Bus Stand Sibi fee collection contract for the financial year 2025-26. This auction provides an opportunity for interested parties to acquire the rights to collect fees at the General Bus Stand Sibi, a key transport hub in the region. The minimum reserve price for this contract is set at PKR 1,000,000, and the successful bidder will be responsible for fee collection as per the terms outlined by the department. Items being auctioned: - General Bus Stand Sibi (Fee Collection Contract for 2025-26), minimum reserve price: PKR 1,000,000 The technical scope includes the exclusive right to collect all applicable fees from the General Bus Stand Sibi for the specified financial year. The contract will be awarded to the highest responsible bidder who meets all eligibility and procedural requirements. Interested parties must submit their sealed offers along with earnest money equivalent to 10% of the minimum reserve price in the form of a Call Deposit Receipt (CDR) or Pay Order. The successful bidder will be required to deposit 25% of the total bid amount within 10 days of acceptance, with the remaining amount payable as per the department's schedule. Eligibility criteria include submission of valid CNIC, proof of tax registration, and compliance with all local government regulations. Bidders must not be defaulters of any government dues. The deadline for submission of sealed offers is 29-09-2026. Offers must be submitted in person at the office of the Assistant Director Local Government Sibi. A practical tip: Ensure your earnest money instrument is valid and matches the required percentage of the reserve price to avoid disqualification at the time of bid opening.