AUCTION: Collection Rights for Parking Stands and Bus Stand Shops Vehari 2026-27
Tender No: 2026-27/05-09-2026
Active Tender
Closing Date:
2026-09-05
2026-09-05
Tender Overview
- Category
- Asset Disposal & Auction / Real Estate & Property
- Sector
- Auction
- Tender Type
- Auction
- Submission Method
- In person at the office of Municipal Committee Vehari before auction time
- Estimated Cost
- Rs. 2,12,750 to Rs. 72,27,500
- Source Name
- Newspaper
Location & Dates
Contact & Websites
- Contact Person
- Chief Officer Municipal Committee Vehari
- Contact Phone
- 06733-62650
Actions
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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.
The Municipal Committee Vehari is inviting sealed bids for the auction of collection rights for various parking stands and shops at the General Bus Stand for the financial year 2026-27. This public auction is being conducted under the Punjab Local Government (Auction of Collection Rights) Rules, 2016. Interested parties are encouraged to participate in this open auction, which will be held at the office of the Municipal Committee Vehari on 5th September 2026 at 11:00 AM.
Items being auctioned:
- Collection rights for General Bus Stand Parking Stand (Reserve Price: Rs. 21,27,196, Earnest Money: Rs. 2,12,750, Duration: 01-07-2026 to 30-06-2027)
- Collection rights for General Bus Stand Shops and Cycle/Motorcycle Stand (Reserve Price: Rs. 18,27,168, Earnest Money: Rs. 1,82,800, Duration: 01-07-2026 to 30-06-2027)
- Collection rights for General Bus Stand Shops (Reserve Price: Rs. 72,72,730, Earnest Money: Rs. 7,27,500, Duration: 01-09-2026 to 30-06-2027)
The technical scope includes the management and operation of parking stands and shops, ensuring proper fee collection and adherence to municipal regulations. Bidders must deposit the specified earnest money through CDR or pay order in the name of the Chief Officer, Municipal Committee Vehari. Only those registered with FBR and listed on the Active Taxpayers List (ATL) are eligible to participate. The successful bidder will be required to pay all applicable taxes, including PST, and comply with the terms and conditions outlined in the auction notice.
Bids must be submitted in person at the Municipal Committee Vehari office before the auction time. For further details, interested parties may contact the office during working hours. A practical tip: Ensure your earnest money instrument is prepared in advance and meets all requirements to avoid last-minute disqualification. Participation in this auction offers a significant opportunity for revenue generation through the management of high-traffic municipal assets.