AUCTION: Collection Rights for Parking Stand Fees and Mobile Market Sargodha Road Sheikhupura (FY 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 Sheikhupura invites open auction bids for the collection rights of parking stand fees and mobile market Sargodha Road for the financial year 2026-27. The auction will be held at the office of the Municipal Committee Sheikhupura on 27-08-2026 at 11:00 AM. Interested parties are encouraged to participate in this competitive bidding process for the following rights: - Collection rights for parking stand fees (annual contract) - Collection rights for mobile market Sargodha Road (annual contract) The auction is open to all eligible individuals and firms who meet the requirements set by the Municipal Committee. Bidders must bring their original CNIC and proof of registration. Earnest money in the form of a pay order or CDR must be deposited prior to the auction, with the amounts specified as Rs. 1923484 and Rs. 1923473 for the respective lots. The successful bidder will be required to comply with all terms and conditions set forth by the Punjab Local Government Act and the Municipal Committee Sheikhupura. In case of non-compliance or failure to fulfill contractual obligations, the contract may be re-auctioned and additional penalties may apply. Bidders are advised to carefully review the auction terms and visit the site in advance to understand the scope and revenue potential. All participants must ensure timely submission of required documents and earnest money to avoid disqualification. For a practical advantage, bidders should verify the actual footfall and revenue trends of the parking and mobile market locations before the auction date to make an informed bid. For further details, contact the office of the Municipal Committee Sheikhupura during working hours.