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AUCTION: Lease Rights of Cattle Market Okara for Financial Year 2026

Tender No: 1105/2026
Active Tender
Closing Date:
2026-09-11

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. Okara Cantonment Board is inviting sealed bids for the lease rights of the Cattle Market Okara for the financial year 2026. The auction will be held at the office of Okara Cantonment Board on 11 September 2026 at 11:00 AM. Interested parties are encouraged to participate in this open auction for the lucrative opportunity to manage and operate the cattle market within Okara Cantonment limits. Items being auctioned: - Lease rights of Cattle Market Okara for one year (Financial Year 2026) The technical scope includes the exclusive right to collect entry fees, manage market operations, and ensure compliance with all relevant municipal and health regulations. The successful bidder will be responsible for maintaining cleanliness, order, and security within the market premises. The reserve price for the auction is set at Rs. 10,000,000. Bidders must submit earnest money of Rs. 1,000,000 in the form of a pay order or CDR in favor of Okara Cantonment Board. Only those bidders who deposit the earnest money and fulfill all eligibility criteria will be allowed to participate in the auction. Eligibility requirements include valid CNIC, proof of financial capacity, and no prior default with any government department. The auction process will be transparent, and the highest bid above the reserve price will be considered for award, subject to approval by the competent authority. Bidders are advised to visit the cattle market site before the auction date to assess the scope and potential of the lease. The deadline for submission of earnest money and required documents is 11 September 2026 at 11:00 AM. For best results, bidders should ensure all documents are complete and arrive early on the auction day to avoid last-minute issues.
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