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AUCTION: Cattle Market Shahkot Fee Collection Rights for Financial Year 2026-27

Tender No: IPL-8252
Active Tender
Closing Date:
2026-09-01

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. Tehsil Council Shahkot invites sealed bids for the auction of fee collection rights for the Cattle Market Shahkot for the financial year 2026-27. Interested parties are encouraged to participate in this open auction process, which offers a significant opportunity for revenue generation through the management and collection of market fees. The auction will be conducted as per the schedule and terms outlined by the council. Items being auctioned: - Fee collection rights for Cattle Market Shahkot for the year 2026-27 (Reserve Price: Rs. 6,772,223, Earnest Money: Rs. 677,222, Auction Period: 01-09-2026 to 30-06-2027) The successful bidder will be responsible for collecting fees from the cattle market as per the rules and regulations set by the Tehsil Council Shahkot. All interested bidders must submit a CDR (Call Deposit Receipt) equivalent to the specified earnest money along with their application. The auction will be held at the office of the Chief Officer, Tehsil Council Shahkot, on 25 August 2026 at 12:00 PM. Bidders must ensure they are registered with the relevant tax authorities and comply with all local government requirements. 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, including the responsibilities for fee collection, remittance schedules, and compliance with municipal regulations. It is recommended to visit the cattle market site prior to bidding to assess the potential and operational requirements. For a competitive edge, prepare your bid documents in advance and ensure all financial instruments are valid and compliant with the council's stipulations. For further details, contact the Chief Officer at the Tehsil Council Shahkot office before the auction date.
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