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AUCTION: Collection Rights of Parking Stand and Lorry Adda General Bus Stand Marozwala for 2026-27

Tender No: IPL-10121
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. The Municipal Committee Marozwala invites sealed bids for the auction of collection rights for the financial year 2026-27. This public auction is being held for the following income contracts under the Punjab Local Government (Auctioning of Collection Rights) Rules 2016. Interested parties are encouraged to participate in the open auction process for the rights to collect fees from the specified sites within Marozwala. Items being auctioned: - Parking Stand Marozwala (Reserve Price: Rs. 1093999/-, Earnest Money: Rs. 109400/-, Contract Period: 01-10-2026 to 30-06-2027) - Lorry Adda General Bus Stand Marozwala (Reserve Price: Rs. 13843749/-, Earnest Money: Rs. 1384400/-, Contract Period: 01-10-2026 to 30-06-2027) The technical scope includes the exclusive right to collect parking and adda fees from the designated locations for the specified period. Bidders must comply with all terms and conditions as per the Punjab Local Government auction rules. The successful bidder will be responsible for timely payments and adherence to all municipal regulations. Eligibility criteria require submission of earnest money (CDR/Pay Order) equal to 10% of the reserve price for each contract. Bidders must be registered taxpayers and not blacklisted by any government department. The auction will be conducted in the office of the Chief Officer, Municipal Committee Marozwala, on 06-10-2026 at 11:00 AM. Bidders are advised to bring original CNIC and proof of earnest money deposit. A practical tip: Arrive early on the auction day to complete registration and review the site conditions. This can help you assess the revenue potential and clarify any last-minute queries with the municipal staff before bidding begins.
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