AUCTION: Market Fee Collection Rights for Farooqabad Market Committee Sheikhupura 2026-27

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Market Committee Farooqabad Sheikhupura is inviting sealed bids for the auction of market fee collection rights for the financial year 2026-27. This auction provides an opportunity for interested parties to acquire the rights to collect market fees from designated markets under the jurisdiction of the committee. The auction will be conducted at the office of the Market Committee Farooqabad, Sheikhupura. Items being auctioned: - Market Fee Collection Rights for Fruit and Vegetable Market Farooqabad (Reserve Price: Rs. 2,300,000, Earnest Money: Rs. 250,000, Annual Value: Rs. 30,000) - Market Fee Collection Rights for Fruit and Vegetable Market Manawala (Reserve Price: Rs. 1,700,000, Earnest Money: Rs. 200,000, Annual Value: Rs. 30,000) - Market Fee Collection Rights for Fruit and Vegetable Market Safdarabad (Reserve Price: Rs. 2,200,000, Earnest Money: Rs. 250,000, Annual Value: Rs. 30,000) The technical scope includes the exclusive right to collect market fees from the specified markets for the entire financial year. Bidders must submit earnest money in the form of a pay order or CDR as specified for each lot. The successful bidder will be required to comply with all terms and conditions set by the Market Committee and must deposit the full auction amount within the stipulated time frame. Eligibility criteria include submission of valid CNIC, proof of financial capability, and compliance with all legal requirements. Bidders must not be defaulters of any market committee in Punjab. The auction will be held on 09.09.2026 at 11:00 AM, and the last date for submission of sealed bids is 10.09.2026. Bids must be submitted in person at the office of the Market Committee Farooqabad Sheikhupura. A practical tip: Ensure your earnest money pay order matches the required amount for your chosen lot and bring all original documents for verification on the auction day.