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AUCTION: Collection Rights for Market Fees, Vegetable Market, Fruit Market, Cattle Market, and Entry/Business Fee for New Fruit Market Chiniot 2026-27

Tender No: DIR(AMDF)VIII-62/2017
Active Tender
Closing Date:
2026-09-14

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. Market Committee Chiniot invites interested parties to participate in the open auction for the collection rights of market fees, vegetable market, fruit market, cattle market, and entry/business fee for the new fruit market Chiniot for the financial year 2026-27. The auction will be held at the office of the Market Committee Chiniot as per the schedule below. This is a significant opportunity for bidders to secure the rights to collect various market-related fees and charges in Chiniot, a key commercial hub in Punjab. Items being auctioned: - Collection rights for market fees, vegetable market, fruit market, and cattle market, Chiniot City (Reserve price: Rs. 8,000,000, Earnest Money: Rs. 500,000, Auction date: 10-09-2026, 02:00 PM) - Collection rights for market fees, vegetable market, fruit market, and cattle market, Lalian (Reserve price: Rs. 9,500,000, Earnest Money: Rs. 500,000, Auction date: 12-09-2026, 02:00 PM) - Collection rights for entry/business fee for new fruit market Chiniot (Reserve price: Rs. 10,000,000, Earnest Money: Rs. 500,000, Auction date: 14-09-2026, 02:00 PM) Each lot requires a 10 percent advance payment and 10 percent earnest money in the form of pay order or CDR at the time of auction. The successful bidder must deposit the remaining amount as per the terms and conditions outlined by the Market Committee. Bidders must be registered with FBR and listed on the Active Taxpayers List (ATL). Participation is open to all eligible individuals and firms who meet the requirements. The auction will be conducted in the presence of the committee and interested parties. For further details, visit the office during working hours. A practical tip: Arrive early on the auction day to complete registration and review the terms, as latecomers may not be allowed to participate. Ensure your pay order or CDR matches the required earnest money for your chosen lot.
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