AUCTION: Lease Rights of Parking Stand No. 07, Bahawalpur, 141 Kanals

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Punjab Cattle Market Management and Development Company is inviting bids for the lease rights of a major parking stand in Bahawalpur through an online auction process. This opportunity is open to interested parties who wish to acquire the management and operational rights for Parking Stand No. 07, located in Chak 141, Bahawalpur, covering a substantial area of 141 kanals. The auction is being conducted under the PCMMDc E-Auction Policy 2025, as amended up to March 2026, ensuring a transparent and competitive process. Items being auctioned: - Lease rights for Parking Stand No. 07, Chak 141, Bahawalpur (Area: 141 Kanals) Reserve price: Rs. 109,480,865 (annual) The successful bidder will be granted exclusive rights to operate and manage the parking stand for the specified period, subject to compliance with all terms and conditions outlined in the bidding documents. The auction process is fully online, and interested bidders must register and obtain the bidding documents via the Punjab e-auction portal. A non-refundable fee of Rs. 10,000 is required for document access. Bidders must generate a Payment Slip ID (PSID) and complete all formalities before the deadline. Eligibility criteria include submission of earnest money equivalent to 10 percent of the reserve price, valid CDR or pay order, and compliance with all legal and tax requirements. The highest bidder will be required to pay the bid price (exclusive of taxes) and fulfill all contractual obligations, including Punjab Sales Tax on Services. The deadline for bid submission is 12 October 2026 at 11:59 pm, with the auction scheduled for 13 October 2026 at 10:00 am to 11:00 am via the online portal. A practical tip: Ensure your PSID payment and all supporting documents are uploaded well before the deadline to avoid last-minute technical issues, as late submissions will not be entertained. For further details, visit the official website or contact the company office in Lahore.