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AUCTION: Lease Rights for Parking, Cattle Market, Bus Stand, and Shops for 2026-27 at Municipal Committee Kot Shrif

Tender No: IPL-9350
Active Tender
Closing Date:
2026-09-17

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 Kot Shrif invites open public auction bids for the lease rights of various income-generating sites for the financial year 2026-27. This auction provides an opportunity for interested parties to acquire the rights to operate and collect revenue from key municipal assets in Kot Shrif. The auction will be held on 17-09-2026 at 01:00 PM at the office of the Municipal Committee. The following lots are available for auction: - Parking Fee (Reserve Price: Rs. 47,525,959, Lease Period: 01-07-2026 to 30-06-2027) - Cattle Market (Reserve Price: Rs. 752,473, Lease Period: 01-07-2026 to 30-06-2027) - General Bus Stand (Reserve Price: Rs. 1,100,000, Lease Period: 01-07-2026 to 30-06-2027) - Shops (Reserve Price: Rs. 3,000,000, Lease Period: 01-07-2026 to 30-06-2027) - Slaughterhouse, Municipal Committee Kot Shrif (Reserve Price: Rs. 1,000,000, Lease Period: 01-11-2026 to 30-10-2027) Each lot has a specified reserve price and lease period. Bidders must submit earnest money equivalent to 16% of the reserve price in the form of CDR or Pay Order at the time of auction. Only those on the FBR Active Taxpayers List (ATL) are eligible to participate. Successful bidders will be required to pay all applicable taxes and abide by the terms and conditions set by the Municipal Committee. The auction will be conducted in the presence of the Chief Officer and relevant committee members. Interested parties are advised to inspect the sites beforehand and ensure all documentation is complete. The deadline for bid submission is bold 17-09-2026 at 01:00 PM. For best results, arrive early on auction day to complete registration and clarify any queries with the committee staff.
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