AUCTION: Lease Rights of Cattle Market Hujra Shah Muqeem for Financial Year 2026-27

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Market Committee Hujra Shah Muqeem, District Okara, invites sealed bids for the auction of lease rights for the Cattle Market Hujra Shah Muqeem for the financial year 2026-27. The auction will be conducted as per the Punjab Government's prescribed rules and regulations. Interested parties are encouraged to participate in this open auction process to secure the lease rights for the specified period. Items being auctioned: - Lease rights of Cattle Market Hujra Shah Muqeem for Financial Year 2026-27 (Reserve Price: Rs. 3,800,000, Earnest Money: Rs. 380,000, Auction Participation Fee: Rs. 20,000) The technical scope includes the management and operation of the cattle market for the entire financial year, ensuring compliance with all relevant municipal and provincial regulations. The successful bidder will be responsible for the collection of market fees and the overall administration of the market premises. The auction will be held at the office of the Market Committee Hujra Shah Muqeem on 27 August 2026 at 11:00 AM. Bidders must submit their earnest money and participation fee before the auction date. Only those who fulfill the eligibility criteria, including submission of the required earnest money and valid CNIC, will be allowed to participate. The highest bid above the reserve price will be considered for award, subject to approval by the competent authority. Bidders are advised to thoroughly review the terms and conditions of the auction, which are available at the office of the Market Committee. It is recommended to visit the cattle market site prior to the auction to assess the facilities and potential revenue streams. For a successful bid, ensure all documents and payments are prepared in advance and arrive at the venue well before the scheduled time.