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AUCTION: Chungi Barriers and Parking Stand Contracts Municipal Corporation Multan 2026-27

Tender No: IPL-8709
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. Municipal Corporation Multan is inviting open public auction bids for the contracts of chungi barriers and parking stand rights for the financial year 2026-27. The auction will be held at the office of the Chief Officer, Municipal Corporation Multan. This is a significant opportunity for interested parties to acquire the rights to collect fees at designated chungi points and manage the parking stand within Multan city for the specified period. Items being auctioned: - Chungi Barriers Contract (reserve price: Rs. 1,12,01,000, annual contract value: Rs. 1,21,01,000, earnest money: Rs. 11,20,100, contract period: 30.06.2027 to 01.09.2026) - Parking Stand Contract (reserve price: Rs. 6,45,000, annual contract value: Rs. 6,45,000, earnest money: Rs. 64,500, contract period: 30.06.2027 to 01.09.2026) The technical scope includes the management and operation of the specified chungi barriers and parking stand, ensuring proper fee collection and adherence to municipal regulations. The successful bidder will be responsible for all operational aspects and must comply with the terms set by the Municipal Corporation Multan. Bidders must provide proof of NTN registration, CNIC, and submit the required earnest money (CDR/Pay Order) at the time of auction. The auction will be conducted in accordance with the Punjab Local Government Auction Rules 2016, and the highest bid above the reserve price will be considered for approval. Interested parties should ensure their presence at the auction venue on the specified date and time. The deadline for participation is 01-09-2026 at 11:00 AM. All relevant documents and earnest money must be submitted before the auction commences. For practical success, bidders are advised to visit the chungi and parking sites in advance to assess the revenue potential and operational requirements, which can help in making an informed and competitive bid. For further details, contact the Chief Officer, Municipal Corporation Multan.
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