AUCTION: Annual Lease Rights for Cattle Market Khanewal 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. District Council Khanewal invites sealed bids for the annual lease rights of the cattle market (Neeka Jat) for the financial years 2026-2027. The auction is open to all eligible parties interested in acquiring the rights to operate and collect fees from the designated cattle market site. The auction will be conducted at the District Council office in Khanewal, and the successful bidder will be granted the right to manage the market as per the terms and conditions set by the council. Items being auctioned: - Lease rights for Cattle Market (Neeka Jat), located at Mouza Kacha Khail, Tehsil Kabirwala, comprising 183 kanals and 16 marlas - Reserve price for 2026: 802355 PKR - Reserve price for 2027: 802355 PKR - 10% annual increase applicable The technical scope includes the management, operation, and fee collection from the cattle market, ensuring compliance with all local regulations and council requirements. Bidders must provide proof of NTN registration and submit earnest money equivalent to 10% of the reserve price along with their bid. The auction will be held on 29 October 2026 at 11:00 AM at the District Council office, and all interested parties must be present in person to participate. The successful bidder will be required to pay 25% of the total bid amount immediately, with the remaining 75% payable as per the council's schedule. Failure to comply with payment terms may result in forfeiture of the earnest money and cancellation of the lease rights. It is advisable for bidders to review all terms and conditions carefully and ensure that all required documents, including proof of tax registration and earnest money, are submitted with the bid to avoid disqualification. A practical tip: Arrive early on the auction day to complete registration and clarify any last-minute queries with the auction committee, as late arrivals may not be accommodated.