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AUCTION: Cycle Stand Fee Collection Rights for Financial Year 2026-27 at Municipal Committee Mian Channu

Active Tender
Closing Date:
2026-10-10

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 Mian Channu invites interested parties to participate in the open auction for the collection rights of the cycle stand fee for the financial year 2026-27. The auction will be held at the office of the Municipal Committee on 10-10-2026 at 10:30 AM. This is an excellent opportunity for local entrepreneurs and contractors to secure the rights to collect fees from the designated cycle stand within Mian Channu for the entire financial year. Items being auctioned: - Collection rights for the cycle stand fee at Municipal Committee Mian Channu for the year 2026-27 (Reserve price: Rs. 150000) The technical scope includes the exclusive right to collect parking fees from all users of the cycle stand as per the terms and conditions set by the Municipal Committee. The successful bidder will be responsible for managing the stand, ensuring proper fee collection, and maintaining order at the site. The reserve price for the auction is set at Rs. 150000, and all interested participants must bring a pay order or CDR of Rs. 5000 as earnest money to qualify for bidding. The highest bidder above the reserve price will be awarded the contract, subject to approval by the competent authority. Eligibility criteria require all bidders to present valid CNICs and the required earnest money at the time of auction. The auction will be conducted in person at the Municipal Committee office, and the successful bidder must deposit the full amount as per the schedule provided after the auction. The last date for participation is 10-10-2026, and latecomers will not be entertained. A practical tip: Arrive early on the auction day with all required documents and earnest money to avoid any last-minute issues and to secure a good position during the bidding process.
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