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AUCTION: Lease Rights of Parking Stand and Cycle Stand at General Bus Stand Chichawatni

Expired Tender
Closing Date:
2026-10-26

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 Chichawatni invites sealed bids for the auction of lease rights for the parking stand and cycle stand at the General Bus Stand Chichawatni for the period of one year. The auction will be held at the TMA office on 26 October 2026 at 11:00 AM. Interested parties are encouraged to participate in this open auction to secure the rights to operate these stands for the upcoming financial year. Items being auctioned: - Lease rights for Parking Stand at General Bus Stand Chichawatni (annual reserve price: Rs. 2,000,000) - Lease rights for Cycle Stand at General Bus Stand Chichawatni (annual reserve price: Rs. 200,000) The technical scope includes the management and operation of the designated parking and cycle stand areas, ensuring proper ticketing, security, and maintenance as per municipal regulations. The successful bidder will be responsible for collecting parking fees from users and maintaining order at the site. Eligibility criteria require bidders to submit earnest money equal to 10% of the reserve price in the form of CDR or pay order in favor of the Chief Officer, TMA Chichawatni. Bidders must not be defaulters of any municipal dues and should provide a valid CNIC. The auction is open to all eligible individuals and firms, but blacklisted parties are barred from participation. Bids must be submitted in person at the TMA Chichawatni office before the auction time. The highest bid above the reserve price will be considered for award, subject to approval by the competent authority. For practical success, bidders should arrive early to complete registration and verify their documents, as latecomers may not be allowed to participate. For further details, contact the TMA office during working hours. The deadline for participation is 26 October 2026 at 11:00 AM. Ensure all documents and earnest money are prepared in advance to avoid last-minute issues.
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