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AUCTION: Lease Rights of Cattle Mandi Sites in Layyah District for 2026

Tender No: IPL-8561
Expired Tender
Closing Date:
2024-09-02

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. Municipal Committee Layyah is inviting sealed bids for the lease rights of various cattle mandi (animal market) sites in Layyah district for the year 2026. The auction will be held on 02-09-2026 at 11:00 AM at the office of the Municipal Committee Layyah. Interested parties are encouraged to participate in this open auction for the lucrative opportunity to operate and collect fees from these designated mandi sites. The successful bidders will be granted the right to manage and collect revenue from the respective mandi locations for the specified period. Items being auctioned: - Khairpur Cattle Mandi (9 months): Reserve Price Rs. 1,125,000, Earnest Money Rs. 112,500, Lease Period 01-10-2026 to 30-06-2027 - Chak No. 9 Cattle Mandi (9 months): Reserve Price Rs. 675,000, Earnest Money Rs. 67,500, Lease Period 01-10-2026 to 30-06-2027 - Layyah Cattle Mandi (5 years): Reserve Price Rs. 1,250,000, Earnest Money Rs. 375,000, Lease Period 01-10-2026 to 30-09-2031 The technical scope includes the management of cattle markets, collection of entry and service fees, and ensuring compliance with municipal regulations. Bidders must provide proof of NTN registration and submit the required earnest money (CDR/Pay Order) along with their bid. Only those who meet the eligibility criteria, including financial capacity and relevant experience, will be considered. The auction will be conducted in the presence of the committee, and the highest bid above the reserve price will be accepted. Bidders are advised to carefully review the terms and conditions, including the requirement for M&R charges and the deposit of 40% of the bid amount on the day of the auction. Bids must be submitted in person at the Municipal Committee Layyah office before the auction time. For a practical tip, ensure all required documents and earnest money are prepared in advance to avoid last-minute issues and to strengthen your position during the auction process.
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