AUCTION: Market Fee Collection Rights for Sabzi Mandi, Fruit Mandi, and Business Market, Gujranwala 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 Gujranwala invites interested parties to participate in the open auction for the annual collection rights of market fees for the financial year 2026-27. The auction covers three major market locations in Gujranwala: Sabzi Mandi (vegetable market), Fruit Mandi, and Business Market. The auction will be conducted through the Punjab e-auction portal, and all eligible bidders are encouraged to participate as per the schedule. Items being auctioned: - Collection rights for Market Fee, Sabzi Mandi, Gujranwala (Reserve Price: Rs. 12,000,000) - Collection rights for Market Fee, Fruit Mandi, Gujranwala (Reserve Price: Rs. 3,500,000) - Collection rights for Market Fee, Business Market, Gujranwala (Reserve Price: Rs. 1,800,000) The technical scope includes the exclusive right to collect market fees from the respective markets for the specified financial year. The successful bidder will be responsible for fee collection as per the terms and conditions set by the Market Committee Gujranwala. Bidders must submit earnest money equal to 10% of the reserve price for each lot, either via CDR or pay order, along with their application. Only those registered with FBR and listed on the Active Taxpayers List (ATL) are eligible to participate. The auction will be held online at the Punjab e-auction portal, and the deadline for bid submission is 21 August 2024. Bidders are advised to ensure all documents, including earnest money and tax certificates, are complete and submitted before the deadline. A practical tip: Carefully review the auction terms on the Punjab e-auction portal and ensure your earnest money instrument is valid and matches the required amount for your chosen lot. Late or incomplete submissions will not be entertained. For further details, contact the Market Committee Gujranwala at the provided phone number.