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AUCTION: Parking Fee Collection, Fruit Market, Vegetable Market, Wagon Stand, and Bus Stand Rights for 2026-27, Klorkot
Tender No: IPL-8420
Expired Tender
Closing Date:
2024-08-26
2024-08-26
Tender Overview
- Category
- Asset Disposal & Auction / Real Estate & Property
- Sector
- Auction
- Tender Type
- Auction
- Procurement Method
- Open Auction
- Submission Method
- In person at Market Committee Klorkot office before auction date
- Estimated Cost
- Rs. 1,200,000
- Source Name
- Newspaper
Location & Dates
Contact & Websites
- Contact Person
- Secretary Market Committee
- Contact Phone
- 0317-8983023
Actions
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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.
Market Committee Klorkot invites sealed bids for the auction of collection rights for various parking sites, fruit and vegetable market stands, wagon and bus stands, and related fee collection points for the financial year 2026-27. The auction is open to the general public and interested parties, and will be conducted as per the Punjab Market Committees (Auctioning of Collection Rights) Rules. The auction will be held at the office of the Market Committee Klorkot.
Items being auctioned:
- Fruit Market Fee Collection Rights, Klorkot (Reserve Price: 300,000 PKR, CDR: 30,000 PKR)
- Vegetable Market Fee Collection Rights, Klorkot (Reserve Price: 300,000 PKR, CDR: 30,000 PKR)
- Wagon Stand Fee Collection Rights, Klorkot (Reserve Price: 300,000 PKR, CDR: 30,000 PKR)
- Bus Stand Fee Collection Rights, Klorkot (Reserve Price: 1,000,000 PKR, CDR: 100,000 PKR)
- Fruit Market Fee Collection Rights, Dera Rajan (Reserve Price: 1,000,000 PKR, CDR: 100,000 PKR)
- Vegetable Market Fee Collection Rights, Dera Rajan (Reserve Price: 1,200,000 PKR, CDR: 120,000 PKR)
- Fruit and Vegetable Market Fee Collection Rights, Jhok Mehar Shah, Dera Rajan (Reserve Price: 3,500,000 PKR, CDR: 350,000 PKR)
The technical scope includes the right to collect fees from the specified markets and stands for the entire financial year. Bidders must submit a CDR (Call Deposit Receipt) of 10% of the reserve price for each lot they wish to bid on, along with their application. The successful bidder will be required to deposit the full amount as per auction rules. Applicants must not have defaulted on any previous contracts with the Market Committee in the last five years.
The auction will be held on 26-08-2024, and applications must be submitted before the auction date at the Market Committee office. For further details, contact the Secretary, Market Committee Klorkot at the provided phone number. A practical tip: Ensure your CDR is prepared in advance and all required documents are complete to avoid last-minute disqualification.
