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AUCTION: Lease Rights of Cattle Market at Tonsa for Five Years

Tender No: IPL-10310
Active Tender
Closing Date:
2026-10-06

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. Punjab Cattle Market Management Company Dera Ghazi Khan Division is inviting sealed bids for the lease rights of the cattle market located at Tonsa for a period of five years. This auction provides an opportunity for interested parties to acquire the management and operational rights of the specified cattle market, enabling them to collect market fees and manage the site as per the terms set by the company. Items being auctioned: - Lease rights of Cattle Market, Tonsa (area: 67 acres) - Reserve price: PKR 167,500/- - Security deposit: PKR 10,000/- The technical scope includes the management of the cattle market premises, collection of entry and market fees, and ensuring compliance with all operational guidelines issued by the Punjab Cattle Market Management Company. The successful bidder will be responsible for maintaining the market infrastructure, cleanliness, and security throughout the lease period. The auction will be conducted in the office of the undersigned as per the following schedule: first publication on 2 October 2026 at 11:30 AM, second publication on 4 October 2026 at 11:30 AM, and final auction on 6 October 2026 at 11:30 AM. Bidders must submit a security deposit of PKR 10,000/- along with their application. Eligibility criteria require bidders to be Pakistani nationals, not blacklisted by any government department, and to provide valid CNIC copies. The successful bidder must deposit 25% of the bid amount immediately after the auction, with the remaining amount payable as per the terms outlined in the auction notice. Earnest money will be forfeited if the successful bidder fails to fulfill the payment obligations. All interested parties are advised to carefully review the terms and conditions before participating. A practical tip: Arrive early on the auction day to complete registration and document verification, as latecomers may not be allowed to participate once the process begins.
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