AUCTION: General Bus Stand Tala Gang Annual Lease Rights 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 Tala Gang invites sealed bids for the annual lease rights of the General Bus Stand Tala Gang for the financial year 2026-2027. The auction will be held at the office of the Municipal Committee on 19 November 2026 at 12:30 PM. Interested parties are encouraged to participate in this open auction for the collection rights of the bus stand. Items being auctioned: - General Bus Stand Tala Gang (annual lease rights) - Reserve price: Rs. 8,90,557 - Previous annual bid: Rs. 89,05,577 The successful bidder will be granted the right to collect fees and manage the General Bus Stand for the specified period from 1 July 2026 to 30 June 2027. All participants must bring their original CNIC and submit earnest money equivalent to 10 percent of the reserve price in the form of a CDR or pay order in favor of the Municipal Committee Tala Gang before the auction begins. Only those who fulfill these requirements will be allowed to participate in the bidding process. The auction will be conducted in accordance with the rules and regulations of the Punjab Local Government Act. The highest bid above the reserve price will be considered for approval, subject to the final decision of the competent authority. Bidders are advised to inspect the site and review all terms and conditions before participating. For further details, interested parties may contact the office during working hours at 0543-413580. A practical tip: Arrive early on the auction day to complete the earnest money deposit and registration process smoothly, as latecomers may not be accommodated.