AUCTION: Lease Rights of Parking Stand at Fruit and Vegetable Market Shahpur Kanjran Lahore

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Punjab Market Committee Auction, Lahore, invites sealed bids for the lease rights of the parking stand at Fruit and Vegetable Market Shahpur Kanjran, Lahore, for the financial year 2026-27. This auction is open to all eligible parties who meet the requirements set by the committee and are registered as Active Taxpayers with FBR. The lease is being offered for a period of one year, and the successful bidder will be responsible for managing and operating the parking stand as per the terms and conditions outlined by the committee. Items being auctioned: - Lease rights of parking stand at Fruit and Vegetable Market Shahpur Kanjran, Lahore (Reserve Price: Rs. 8,26,800/-, Annual Value: Rs. 1,65,35,000/-) The technical scope includes the management of the parking facility, ensuring smooth operations, and compliance with all relevant regulations. The successful bidder must provide adequate security, maintain cleanliness, and facilitate efficient parking services for market visitors and traders. The leaseholder will also be responsible for collecting parking fees as per the approved rates. Eligibility criteria require bidders to be on the FBR Active Taxpayer List and to submit earnest money as specified in the notice. The bid security must be deposited in the form of a CDR or pay order. Bids must be submitted through the E-PADS system by 27-10-2026 at 11:00 AM, and the auction will be conducted at the committee office. Late or incomplete bids will not be entertained. A practical tip for interested bidders: Ensure your FBR registration is up to date and that you have prepared all required documents, including the earnest money deposit, well in advance to avoid last-minute issues with the E-PADS submission process.