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AUCTION: Distribution Rights List for Vegetable Market Rawalpindi 2026-27

Tender No: IPL-9110
Expired Tender
Closing Date:
2026-09-09

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 Vegetable Market Committee Rawalpindi is inviting interested parties to participate in the open auction for the distribution rights (Rate List) for the financial year 2026-27. The auction will be held at the committee office on 09-09-2026 at 12:00 PM. The successful bidder will be granted the right to manage and distribute the official rate list for fruits and vegetables in the market from 01-07-2026 to 30-06-2027. Items being auctioned: - Distribution rights for the official fruit and vegetable rate list for the entire Vegetable Market Rawalpindi for the period 2026-27 (Reserve price: Rs. 2,520,000) The technical scope includes the exclusive authority to issue and manage the daily rate list within the market premises, ensuring compliance with the committee's regulations. The successful bidder must deposit earnest money of Rs. 200,000 in the form of a pay order or CDR at the time of auction. The winning bidder is required to pay 25 percent of the total bid amount immediately after the auction, with the remaining amount to be paid as per the committee's schedule. Eligibility criteria include submission of a valid CNIC, proof of experience in similar market operations (if any), and compliance with all terms set by the committee. Bidders must not be defaulters of the committee or involved in any litigation with the market authorities. The auction will be conducted in the presence of committee officials, and the decision of the committee will be final. The deadline for participation is 09-09-2026 at 12:00 PM, and the auction will be held at the committee office. For further details, interested parties may contact the office during working hours. Tip: Arrive early on the auction day to complete documentation and deposit earnest money, as latecomers may not be entertained.
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