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AUCTION: Collection Rights for Bus Stand, General Bus Stand Shops, and Cattle Market Wahari 2026-27

Tender No: IPL-11144
Active Tender
Closing Date:
2026-10-28

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 Committee Vehari invites interested parties to participate in the open auction for the collection rights of various municipal assets for the financial year 2026-27. The auction will be held at the office of the Municipal Committee Vehari on 28-10-2026 at 11:00 AM. This is a significant opportunity for bidders to secure lucrative collection contracts for key municipal revenue streams in Vehari. Items being auctioned: - Bus Stand Vehari (Reserve Price: Rs. 21,27,196, Earnest Money: Rs. 2,12,750, Contract Period: 01-07-2026 to 30-06-2027) - General Bus Stand Shops / General Bus Stand Shops Rent Collection (Reserve Price: Rs. 18,27,168, Earnest Money: Rs. 1,82,800, Contract Period: 01-07-2026 to 30-06-2027) - Cattle Market Vehari (Reserve Price: Rs. 37,63,700, Earnest Money: Rs. 3,76,400, Contract Period: 01-10-2026 to 30-06-2027) The technical scope includes the right to collect fees, rents, or charges from the respective sites as per the terms and conditions set by the Municipal Committee. Bidders must comply with the Punjab Local Govt. (Auction of Collection Rights) Rules, 2016. All participants are required to deposit the specified earnest money in the form of a pay order or CDR before the auction. Only those who fulfill the eligibility criteria and deposit the required earnest money will be allowed to participate. The successful bidder will be responsible for timely payments and adherence to all municipal regulations. The auction is open to all eligible individuals and firms, but blacklisted parties are not allowed to participate. Bidders are advised to carefully review the terms and conditions, which are available at the Municipal Committee office. A practical tip: Arrive early on the auction day to complete the earnest money deposit process and review the property/site conditions in person. This can give you a competitive edge in the bidding process. For further details, contact the Chief Officer, Municipal Committee Vehari at the provided phone number.
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