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AUCTION: Parking Stand and Bus Stand Lease Rights for Financial Year 2026-27, Talagang

Tender No: IPL-9028
Active Tender
Closing Date:
2026-09-10

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. Tehsil Municipal Administration Talagang invites interested parties to participate in the open auction for lease rights of various parking and bus stand sites for the financial year 2026-27. The auction will be conducted as per the schedule and terms outlined in the notice. This is an excellent opportunity for bidders to secure lucrative collection and management rights for key municipal locations in Talagang. Items being auctioned: - General Bus Stand Talagang (Reserve Price: 1,450,000 PKR, Earnest Money: 145,000 PKR) - Lorry Adda Talagang (Reserve Price: 800,000 PKR, Earnest Money: 80,000 PKR) - Adda Sabzi Mandi Talagang (Reserve Price: 150,000 PKR, Earnest Money: 15,000 PKR) - Parking Stand Talagang (Reserve Price: 3,000,000 PKR, Earnest Money: 300,000 PKR) Each site comes with its own reserve price and earnest money requirement, which must be deposited via pay order or CDR before the auction date. The auction will be held at the TMA office, and all interested parties must submit their applications and earnest money by 08-09-2026. The successful bidders will be responsible for the management and fee collection at the respective sites for the entire financial year. Eligibility criteria include submission of valid CNIC, proof of financial capability, and compliance with all municipal regulations. Bidders are advised to carefully review the terms and conditions, as non-compliance may result in disqualification. The auction will be conducted in the presence of the relevant committee, and the highest bid above the reserve price will be considered for award. A practical tip: Arrive early on the auction day to complete all formalities and ensure your earnest money is properly documented, as late submissions will not be entertained. For further details, contact the TMA office at the number provided below.
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