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AUCTION: Sargodha Cattle Market and Parking Stand Rights 2026-27

Tender No: IPL-7987
Active Tender
Closing Date:
2026-08-20

Tender Overview

Category
Real Estate & Property
Sector
Auction
Tender Type
Auction
Procurement Method
Open Auction
Submission Method
In-person participation and submission of required CDR or earnest-money instrument and participation fee at the office of the Secretary, Market Committee Sargodha
Estimated Cost
Rs. 26,330,000 for Lot 1; Rs. 800,000 for Lot 2
Source Name
Newspaper

Location & Dates

City
Sargodha
Province
Punjab
Country
Pakistan
Publish Date
2026-08-05
Closing Date
2026-08-20
Created At
2026-08-05 08:12:34

Contact & Websites

Contact Person
Secretary, Market Committee Sargodha
Contact Phone
048-3713728

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. The Market Committee Sargodha invites interested bidders for public auction of parking and related collection rights for the 2026-27 period. The opportunity concerns sites operated under the committee and is intended for contractors who can manage public parking, regulate vehicle entry, collect authorized charges, and maintain orderly operations in accordance with departmental directions. The primary location is Sargodha, Punjab, and the auction is to be handled through the office of the Secretary, Market Committee Sargodha. Mandatory lot list: Lot 1: Parking stand associated with the Sargodha cattle market and Sargodha Road area, reserve price **Rs. 26,330,000**, 10 percent earnest money or security **Rs. 2,650,000**, and participation fee **Rs. 50,000**. Lot 2: Parking stand at Shahpur Road, Sargodha, reserve price **Rs. 800,000**, 10 percent earnest money or security **Rs. 80,000**, and participation fee **Rs. 20,000**. No physical quantity is stated because the auction concerns operating and collection rights by lot. Bidders should arrange the required CDR or earnest-money instrument and participation fee before appearing. Applicants should also ensure that their tax-registration and ATL status is current wherever required by government rules, and should carry original identity, authorization, and business documents. The scheduled auction is **20 August 2026 at 12:00 noon** at the committee office. The notice also indicates subsequent opportunities on **22 August 2026** and **25 August 2026 at 12:00 noon** if the auction is not completed on the scheduled date. Submit or present documents and payment instruments at the office of the Secretary, Market Committee Sargodha. Practical tip: inspect each site, confirm the permitted fee schedule and concession period, and verify all security amounts with the committee before depositing funds.
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