AUCTION: Model Town Lahore Parking Site Lease Rights 2026

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Model Town Society Lahore is inviting sealed bids for the auction of lease rights for the Model Town Society Parking Site, located at the Model Town Central Park, Lahore. This auction provides an opportunity for interested parties to acquire the rights to operate and manage the parking facility for the upcoming financial year. The auction will be conducted at the Model Town Society office, and all eligible bidders are encouraged to participate as per the terms and conditions outlined in the notice. Items being auctioned: - Lease rights for the Model Town Society Parking Site (Central Park, Model Town, Lahore) for the year 2026 The technical scope includes the management and operation of the parking site, ensuring proper ticketing, security, and maintenance as per the society's standards. The successful bidder will be responsible for the smooth functioning of the parking area and compliance with all relevant rules and regulations. The auction will be held on 26-09-2024 at 11:00 AM at the Model Town Society office. Interested parties must submit their sealed bids before the auction time. The highest bid will be considered for the award, subject to approval by the competent authority. Eligibility criteria require bidders to be financially sound and capable of managing large-scale parking operations. Earnest Money in the form of a Pay Order or CDR must be submitted along with the bid. Bidders are advised to visit the parking site prior to the auction to assess the location and operational requirements. The last date for submission of bids is 26-09-2024 by 03:00 PM. For further details, contact the Model Town Society office at the numbers provided below. A practical tip: Arrive early on the auction day to complete registration and clarify any queries with the auction committee to avoid last-minute issues.