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AUCTION: Lease Rights of Municipal Committee Bhakkar Parking Stands and Shops 2026-27

Tender No: IPL-9803
Active Tender
Closing Date:
2026-10-04

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 Bhakkar invites sealed bids for the public auction of lease rights for various parking stands and shops for the financial year 2026-27. The auction will be held on 4 October 2026 at 11:00 AM at the office of the Municipal Committee Bhakkar. Interested parties are encouraged to participate and secure lucrative lease opportunities for the upcoming year. Items being auctioned: - General Bus Stand Bhakkar Parking Stand (Annual Lease Value: Rs. 5,62,500, Reserve Price: Rs. 55,250) - Mini Bus Stand Bhakkar Parking Stand (Annual Lease Value: Rs. 72,900, Reserve Price: Rs. 7,290) - Cycle Stand (Annual Lease Value: Rs. 42,000, Reserve Price: Rs. 4,200) - Shop at General Bus Stand Bhakkar (Annual Lease Value: Not specified, Reserve Price: Rs. 10,000) The technical scope includes the management and operation of parking stands and shops as per the terms and conditions set by the Municipal Committee. The successful bidder will be responsible for collecting parking fees and maintaining order at the designated sites. All interested bidders must bring their original CNIC and submit earnest money (Pay Order/CDR) equivalent to 10% of the annual lease value for each lot they wish to bid on. The auction will be conducted in the presence of the committee, and the highest bidder will be awarded the lease, subject to approval by the competent authority. Eligibility criteria require bidders to be Pakistani nationals, and preference will be given to those with prior experience in managing parking or commercial properties. The deadline for submission and participation is 4 October 2026 at 11:00 AM. Bidders are advised to arrive early to complete registration formalities. A practical tip: Prepare your earnest money in advance and review the terms of lease carefully, as the department reserves the Right of First Refusal and may reject any bid without assigning a reason. Ensure all documents are complete to avoid disqualification on technical grounds.
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