AUCTION: Parking Fees Collection Rights Bahawalnagar Municipal Committee 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. Municipal Committee Bahawalnagar invites interested parties to participate in the open auction for the collection rights of parking fees for the financial year 2026-27. The auction will be held on 14-09-2026 at 11:00 AM at the office of the Municipal Committee Bahawalnagar. This is an excellent opportunity for eligible bidders to secure the right to collect parking fees within the municipal limits for the specified period. Items being auctioned: - Parking Fees Collection Rights (Bahawalnagar Municipal Committee jurisdiction) - Reserve Price: Rs. 2,000,000 - Auction Period: 15-09-2026 to 30-06-2027 - Number of Installments: 8 The successful bidder will be required to deposit 40% of the bid amount as security immediately after the auction, with the remaining amount payable in installments as per the terms set by the Municipal Committee. Only those individuals or firms who are not defaulters of any government department and have a valid CNIC and NTN are eligible to participate. The auction will be conducted in accordance with the rules and regulations of the Punjab Local Government and Community Development Department. Bidders must present original documents and proof of earnest money at the time of auction. The Municipal Committee reserves the right to reject any or all bids without assigning any reason. Earnest money of Rs. 200,000 must be deposited prior to the auction. The successful bidder will be responsible for all applicable taxes and charges. The auction terms include strict compliance with the contract, and any violation may result in cancellation and forfeiture of security. Bidders are advised to carefully review the detailed terms and conditions available at the Municipal Committee office. Tip: Arrive early on auction day with all required documents and earnest money to ensure your participation is not delayed or disqualified.