AUCTION: Annual Lease Rights for Cattle Market Fee Collection at Head Korazank

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Head Korazank administration invites sealed bids for the annual lease rights to collect fees at the local cattle market for the upcoming financial year. This auction is for the right to collect the designated market fee (Rs. 19.77 per animal) at the Head Korazank cattle market, with a reserve price set at Rs. 1,100,000 for the period 2026-28. Interested parties are encouraged to participate in this open auction to secure the collection rights for this busy market. Items being auctioned: - Annual lease rights for collection of cattle market fee at Head Korazank (Reserve price: Rs. 1,100,000) The successful bidder will be responsible for collecting the specified market fee from all animals brought to the market during the lease period. The auction will be conducted as per the terms and conditions outlined by the administration, including the requirement for a 12-month lease period and a 15% earnest money deposit at the time of bidding. Only those with relevant experience in fee collection or market management are encouraged to apply, and all participants must provide valid identification and proof of financial capability. Bids must be submitted in sealed envelopes to the office of the Head Korazank administration by the closing date of 12 July 2024. The auction will be held on the same day, and the highest bidder meeting all requirements will be awarded the lease. For best results, bidders should ensure their earnest money is ready in the form of a pay order or CDR, as this will expedite the verification process and strengthen their bid.