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AUCTION: Lease Rights for Parking Stand and Cycle/Motorcycle Stand at Saal Intermediate Distribution Board Rawalpindi
Active Tender
Closing Date:
2026-09-17
2026-09-17
Tender Overview
- Category
- Real Estate & Property
- Sector
- Auction
- Tender Type
- Auction
- Submission Method
- Sealed bids to be submitted at the office of Saal Intermediate Distribution Board, Rawalpindi before 11:00 AM on 17-09-2026
- Estimated Cost
- Rs. 7,700,000
- Source Name
- Khyber Pakhtunkhwa PPRA
Location & Dates
- City
- Rawalpindi
- Province
- Punjab
- Country
- Pakistan
- Publish Date
- 2026-09-02
- Closing Date
- 2026-09-17
- Created At
- 2026-09-02 06:07:10
Contact & Websites
- Website
- www.kpsidb.gov.pk
Actions
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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.
Saal Intermediate Distribution Board is inviting sealed bids for the lease rights of the parking stand and cycle/motorcycle stand at Saal Intermediate Distribution Board, Rawalpindi. This auction provides an opportunity for interested parties to acquire the rights to operate and manage these stands for the specified period. The department is seeking competitive bids to ensure transparent allocation of these valuable lease rights in Rawalpindi.
Items being auctioned:
- Lease rights for parking stand and cycle/motorcycle stand at Saal Intermediate Distribution Board, Rawalpindi (Reserve price: Rs. 1,925,000, Highest offer: Rs. 7,700,000)
The technical scope includes the management and operation of the parking and cycle/motorcycle stands, ensuring proper ticketing, security, and maintenance as per the terms set by the Saal Intermediate Distribution Board. The successful bidder will be responsible for providing efficient services to users and maintaining the facilities in accordance with the contract.
Eligibility criteria require bidders to submit earnest money as specified, along with a complete application and supporting documents. The auction will be held on 17-09-2026 at 11:00 AM at the office of the Saal Intermediate Distribution Board, Rawalpindi. Interested parties can obtain further details and the auction form from the department's website (www.kpsidb.gov.pk) or by visiting the office in person. The earnest money must be deposited in the form of a pay order or bank draft as per the instructions in the notice.
A practical tip for bidders: Ensure that all required documents, including the earnest money and application form, are complete and submitted well before the deadline to avoid any last-minute issues. Familiarize yourself with the terms and conditions of the lease to maximize your chances of a successful bid.