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AUCTION: Meat, Vegetable, Fruit, and Fish Market Collection Rights Sialkot 2026-27

Tender No: IPL-8506
Active Tender
Closing Date:
2026-08-29

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 Commissioner Sialkot Division, acting as Administrator of Shahr-e-Iqbal Market Committee Sialkot, invites interested parties to participate in the open auction for the collection rights of the Meat, Vegetable, Fruit, and Fish Market for the financial year 2026-27 (from 30 September 2026 to 30 September 2027). This auction provides an opportunity for eligible bidders to secure the right to collect market fees and manage the specified market segment in Sialkot. The auction will be conducted at the Market Committee office, and all interested parties are encouraged to attend and bid as per the outlined terms and conditions. Items being auctioned: - Collection rights for Meat, Vegetable, Fruit, and Fish Market Sialkot for the year 2026-27 - Reserve Price: Rs. 3,00,000 - Annual Reserve Value: Rs. 4,40,000 - Registration Fee (Refundable): Rs. 5,000 - Auction Date & Time: 28-08-2026 at 11:00 am The technical scope includes the management and collection of market fees from vendors and traders operating within the designated market area. The successful bidder will be responsible for ensuring compliance with all market regulations and maintaining proper records of collections. Bidders must complete registration before the auction date and deposit the required registration fee, which is refundable. The auction will be held in the presence of the committee, and the highest bid above the reserve price will be considered for award, subject to approval by the competent authority. Eligibility criteria include submission of valid CNIC, proof of financial capability, and adherence to the auction rules. Earnest money and other security deposits may be required as per the committee's instructions. The deadline for submission of bids and participation is 29-08-2026 at 11:00 am at the Market Committee office, Sialkot. A practical tip: Arrive early on the auction day to complete registration and review the auction terms, as latecomers may not be allowed to participate.
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