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AUCTION: Annual Lease Rights of Parking Sites and Collection Contracts 2026-27 (Third Attempt) Depalpur
Tender No: IPL No. 8649
Expired Tender
Closing Date:
2026-08-31
2026-08-31
Tender Overview
- Category
- Real Estate & Property
- Sector
- Auction
- Tender Type
- Auction
- Procurement Method
- Open Auction
- Submission Method
- In person at Municipal Committee Depalpur office before auction time with required documents and earnest money.
- Estimated Cost
- Rs. 15,034,442 (Reserve Price for General Bus Stand Parking)
- Source Name
- Newspaper
Location & Dates
Contact & Websites
- Contact Person
- Chief Officer
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.
Municipal Committee Depalpur invites open public auction bids for the annual lease rights of its income-generating parking sites and collection contracts for the financial year 2026-27 (third attempt). The auction will be held on 31-08-2026 at 11:00 AM at the Municipal Committee office, Depalpur. Interested parties are encouraged to participate for the following contracts:
- Parking General Bus Stand (Kamai Auction), Reserve Price: 15,034,442 PKR, Earnest Money: 1,503,344 PKR, Lease Period: 01-08-2026 to 30-06-2027
- APV Parking (Kamai Auction), Reserve Price: 6,730,802 PKR, Earnest Money: 673,080 PKR, Lease Period: as above
- Slaughter House, Reserve Price: 1,019,847 PKR, Earnest Money: 101,985 PKR, Lease Period: as above
- Parking Stand Municipal Committee, Reserve Price: 917,583 PKR, Earnest Money: 91,758 PKR, Lease Period: as above
The auction is open to all eligible Pakistani individuals and firms. Bidders must provide valid CNIC, proof of tax registration, and deposit the required earnest money (10% of reserve price) in the form of CDR or pay order before the auction. Successful bidders will be required to sign a formal contract and comply with all terms and conditions as per Punjab Local Government Auction Rules 2016. The department reserves the right to reject any or all bids without assigning any reason.
For bidders, it is advisable to visit the sites in advance to assess the earning potential and clarify any ambiguities with the Municipal Committee office before the auction date. Timely submission of earnest money and complete documentation will ensure smooth participation in the auction process. For further details, contact the undersigned at the Municipal Committee office, Depalpur.
