AUCTION: Yearly Lease Rights for General Collection of Entry, Business, and Market Fees at Market Committee Jam Pur for 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 Jam Pur invites sealed bids for the annual lease rights for the general collection of entry, business, and market fees for the financial year 2026-27. The auction will be held at the office of Market Committee Jam Pur on 27.08.2026 at 11:00 AM. Interested parties are encouraged to participate in this open auction for the collection rights, which cover the entire jurisdiction of the committee for the specified period. Items being auctioned: - Yearly lease rights for general collection of entry, business, and market fees at Market Committee Jam Pur for 2026-27 (Reserve Price: Rs. 4,000,000) - Yearly lease rights for general collection of entry, business, and market fees at Market Committee Kotla Mughlan for 2026-27 (Reserve Price: Rs. 4,000,000) The technical scope includes the exclusive right to collect all specified market fees from vendors, traders, and businesses operating within the committee's markets. The successful bidder will be responsible for ensuring proper fee collection and compliance with all relevant regulations. The lease period will run from 01.09.2026 to 30.06.2027. Eligibility criteria require bidders to submit a call deposit receipt (CDR) or pay order of Rs. 300,000 as earnest money along with their bid. Bidders must not be defaulters of any market committee in Punjab and must provide an affidavit to this effect. The auction is open to all eligible individuals and firms, but prior experience in fee collection or market operations will be advantageous. Bids must be submitted in person at the office of the Market Committee Jam Pur before the auction date. The highest bid above the reserve price will be considered for award, subject to approval by the competent authority. For practical success, bidders should ensure all required documents, including the earnest money and affidavits, are complete and submitted well before the deadline to avoid last-minute disqualification. For further details, interested parties may contact the office during working hours.