AUCTION: Collection Rights of Out Door Advertisement Fees Okara 2026

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Parks and Horticulture Agency Okara is inviting sealed bids for the auction of collection rights for Out Door Advertisement Fees for the financial year 2026-27. This auction is being conducted in accordance with the Punjab Out Door Advertisement Rules 2017 and the Punjab Public Auction Rules 2016. The successful bidder will be granted the exclusive right to collect advertisement fees within Okara city limits for the specified period. Items being auctioned: - Collection rights for Out Door Advertisement Fees, Okara city, for the year 2026-27 - Annual reserve price: Rs. 35,00,000 (Thirty-five lakh rupees) - Annual increment: 10% over the previous year's bid The technical scope includes the collection of all applicable advertisement fees from eligible advertisers as per the rules and regulations of the Punjab government. The successful bidder must comply with all legal requirements and ensure transparent fee collection. The auction will be held at the office of the Parks and Horticulture Agency Okara, and the highest bid above the reserve price will be considered for award. Eligibility criteria require bidders to submit earnest money equal to 10% of the reserve price in the form of a CDR or pay order. Bidders must not be blacklisted by any government department and must provide proof of tax registration. The deadline for submission of sealed bids is 11 May 2026. Bids must be submitted in person at the office of the Director, Parks and Horticulture Agency Okara. A practical tip for interested bidders: Ensure your bid security and all required documents are complete and submitted well before the deadline to avoid last-minute issues. Familiarize yourself with the Punjab Out Door Advertisement Rules to maximize your chances of a successful bid.