AUCTION: Lease Rights of Government Cattle Market Multan 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. Punjab Cattle Market Management and Development Company (PCMMD) invites online bids for the lease rights of the Government Cattle Market in Multan for the financial year 2026-27. This auction is being conducted under the PCMMD E-Auction Policy 2025, as amended up to March 2026. Interested parties are encouraged to participate through the official e-auction portal. Items being auctioned: - Lease rights for Government Cattle Market, Multan, for the financial year 2026-27 (Reserve Price: Rs. 6,733,333) The successful bidder will be granted exclusive rights to operate and manage the cattle market in Multan for the specified period. The auction process is fully online, and all interested bidders must register and submit their bids through https://elged.punjab.gov.pk/login. A non-refundable auction participation fee of Rs. 10,000 is required for registration. The deadline for bid submission is 10 November 2026 at 11:59 PM, and the online auction will be held on 11 November 2026 at 10:00 AM. Bidders must provide earnest money equivalent to 10% of the reserve price, either through CDR or Pay Order, which must be deposited before the auction. Only those who fulfill all eligibility criteria, including relevant experience and financial capacity, will be considered. The highest bidder will be required to deposit the remaining amount within the stipulated time frame. All applicable taxes, including Punjab Sales Tax on Services, will be borne by the successful bidder. A practical tip: Ensure your online registration and payment of the participation fee are completed well before the deadline to avoid last-minute technical issues. Carefully review the bidding documents and auction policy available on the PCMMD website for detailed terms and conditions.