AUCTION: Lease Rights of Cattle Market Sites Mian Channu 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 Mian Channu invites open public auction for the lease rights of various cattle market sites for the financial year 2026-27 (10 months). The auction will be held on 28-08-2026, 29-08-2026, and 31-08-2026 at the Market Committee office. This is an excellent opportunity for interested parties to acquire the rights to operate and collect fees from these lucrative cattle market locations in Mian Channu. Items being auctioned: - Cattle Market Mian Channu (Reserve Price: Rs. 1,50,00,000, Earnest Money: Rs. 15,00,000, Auction Date/Time: 28-08-2026, 12:00 PM) - Cattle Market 6/15-L (Reserve Price: Rs. 20,00,000, Earnest Money: Rs. 2,00,000, Auction Date/Time: 29-08-2026, 11:00 AM) - Cattle Market 6/8-R (Reserve Price: Rs. 50,00,000, Earnest Money: Rs. 5,00,000, Auction Date/Time: 31-08-2026, 11:30 AM) The technical scope includes the right to collect entry and market fees from the specified cattle markets for the stated period. Bidders must submit earnest money (CDR/Pay Order) equal to 10% of the reserve price for each lot they wish to bid on. Only those who deposit the required earnest money before the auction will be eligible to participate. The successful bidder must deposit 25% of the bid amount immediately after the auction, with the remaining amount payable as per the committee's schedule. All participants must be registered taxpayers and provide valid CNIC copies. The auction will be conducted in the presence of the committee, and the highest bid will be considered for approval. The committee reserves the right to reject any or all bids without assigning any reason. Tip: Arrive early on the auction day to complete registration and deposit your earnest money well before the scheduled time, as latecomers may not be allowed to participate.