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Expired Tender
Closing Date:
2024-08-28
2024-08-28
Tender Overview
- Category
- Asset Disposal & Auction / Real Estate & Property
- Sector
- Auction
- Tender Type
- Auction
- Submission Method
- In person at District Council Bhakkar office before auction time with required documents and earnest money
- Estimated Cost
- Rs. 2,900,000 (Lot 1 highest reserve price)
- Source Name
- Newspaper
Location & Dates
Contact & Websites
- Contact Person
- Administrator District Council Bhakkar
Actions
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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.
District Council Bhakkar is conducting a public auction for the collection rights of cattle markets in various locations across Bhakkar district for the financial year 2026-27. Interested parties are invited to participate in the open auction process for the following lots:
Items being auctioned:
- Lot 1: Cattle Market Bhakkar, Reserve Price: Rs. 2,900,000, Auction Date: 28-08-2026, 11:00 AM
- Lot 2: Cattle Market Darya Khan, Reserve Price: Rs. 2,200,000, Auction Date: 28-08-2026, 11:00 AM
- Lot 3: Cattle Market Mankera, Reserve Price: Rs. 3,000,000, Auction Date: 28-08-2026, 11:00 AM
Each lot includes the right to collect fees from the respective cattle market for the specified period. The auction will be held at the office of the District Council Bhakkar. Bidders must bring original CNIC and submit earnest money of Rs. 50,000 per lot in the form of a pay order or CDR before participating. Successful bidders will be required to deposit 1/4th of the bid amount immediately after the auction, with the remaining amount payable as per the schedule outlined in the notice.
Eligibility is open to Pakistani nationals who are not defaulters of the District Council and have not been blacklisted. Bidders must ensure compliance with all terms and conditions, including timely payment and adherence to the rules set by the council. The auction schedule is fixed, and no bids will be accepted after the announced time.
A practical tip: Arrive early on the auction day to complete registration and deposit earnest money, as latecomers may not be allowed to participate. Carefully review the terms regarding payment deadlines and ensure all documentation is in order to avoid disqualification.
For further details, contact the office of the District Council Bhakkar.
