AUCTION: Collection Rights of Cattle Markets and Other Fees District Jhang 2026-27
Tender No: IPL-8822
Expired Tender
Closing Date:
2024-09-05
2024-09-05
Tender Overview
- Category
- Asset Disposal & Auction / Real Estate & Property
- Sector
- Auction
- Tender Type
- Auction
- Procurement Method
- Open Auction
- Submission Method
- In person at District Council Jhang office before auction time
- Estimated Cost
- Rs. 3,163,333 (highest annual reserve price)
- Source Name
- Newspaper
Location & Dates
Contact & Websites
- Contact Person
- Chief Officer
Actions
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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.
District Council Jhang invites interested parties to participate in the open auction for the collection rights of various cattle markets, parking sites, and other local fees for the financial year 2026-27. The auction will be held at the District Council office in Jhang on 5 September 2026 at 11:00 AM. This is a significant opportunity for bidders to secure lucrative collection contracts for the upcoming year.
Items being auctioned:
- Cattle Market Jhang (Reserve Price: Rs. 2,803,333)
- Cattle Market Shorkot (Reserve Price: Rs. 174,000)
- Cattle Market Ahmedpur Sial (Reserve Price: Rs. 298,333)
- Cattle Market 18 Hazari (Reserve Price: Rs. 83,333)
- Cattle Market Athara Hazari (Reserve Price: Rs. 316,333)
- Parking Stand Jhang (Reserve Price: Rs. 175,333)
- Parking Stand Shorkot (Reserve Price: Rs. 254,167)
- Parking Stand Ahmedpur Sial (Reserve Price: Rs. 54,083)
- Parking Stand 18 Hazari (Reserve Price: Rs. 35,033)
- Parking Stand Athara Hazari (Reserve Price: Rs. 83,667)
- Other Fees (Reserve Price: Rs. 135,067)
- Advertisement Fee (Reserve Price: Rs. 85,000)
- License Fee for Shops (Reserve Price: Rs. 30,000)
- License Fee for Rickshaws (Reserve Price: Rs. 25,000)
- Other Miscellaneous Fees (Reserve Price: Rs. 20,000)
Each lot has its own reserve price and annual value, as detailed above. The technical scope includes the right to collect specified fees from the designated markets and stands within District Jhang for the entire financial year. Bidders must provide earnest money as per the reserve price, and successful bidders will be required to comply with all terms and conditions set by the District Council.
Eligibility requires submission of valid CNIC, proof of financial capacity, and compliance with local government regulations. Earnest money must be deposited via pay order or CDR before the auction date. The deadline for participation is **5 September 2026, 11:00 AM** at the District Council Jhang office.
Tip: Review the previous year's collection data and visit the sites in advance to better estimate potential revenue and prepare a competitive bid.