AUCTION: Lease Rights of Mandi Mushtaq Okara Cantonment for 3 Years

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Cantonment Board Okara is inviting bids through E-Auction (EPADS Version 2.0 Federal) for the lease rights of Mandi Mushtaq Okara Cantonment for a period of 3 years. This opportunity is open to eligible parties interested in acquiring the lease rights for the mandi, with a government reserve bid set at Rs. 18,26,92,500 for the full lease term. The auction is being conducted under SRO-542(I)/88 and in accordance with the Cantonment Act 1924 and relevant PPRA rules. Items being auctioned: - Lease rights of Mandi Mushtaq Okara Cantonment for 3 years (Reserve Bid: Rs. 18,26,92,500) The technical scope covers the management and operation of the mandi, including collection rights and all associated facilities as per the terms and conditions outlined by the Cantonment Board Okara. The successful bidder will be responsible for the efficient running of the mandi and compliance with all legal and regulatory requirements. Eligibility criteria include registration on the PPRA EPADS Version 2.0 (Federal) portal, valid FBR Active Taxpayer List (ATL) status, and submission of a Call Deposit Receipt (CDR) amounting to 50% of the government reserve bid as earnest money. Only those bidders who fulfill these requirements will be considered. The auction closing date is 28 October 2026, and all bids must be submitted electronically via the EPADS portal before the deadline. For further details, bidders are encouraged to review the full terms and conditions available on the portal. A practical tip: Ensure your registration and documentation on the EPADS portal are completed well in advance, as last-minute technical issues can delay your bid submission and risk disqualification.