AUCTION: Collection Rights of Parking Stands and Bus Adda in Mandi Bahauddin City 2026

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 Mandi Bahauddin is inviting interested parties to participate in the open auction for the collection rights of various parking stands and the main bus adda within Mandi Bahauddin city for the financial year 2026-2027. This auction provides an opportunity for bidders to secure the right to collect parking fees and manage these sites as per the terms and conditions set by the committee. The auction will be conducted at the office of the Municipal Committee, and all eligible parties are encouraged to participate. Items being auctioned: - General Bus Stand Parking Stand (Reserve Price: Rs. 4,228,873, Earnest Money: Rs. 200,000) - Lorry Adda Parking Stand (Reserve Price: Rs. 2,180,917, Earnest Money: Rs. 200,000) - Railway Station Parking Stand (Reserve Price: Rs. 1,402,983, Earnest Money: Rs. 200,000) - Civil Hospital Parking Stand (Reserve Price: Rs. 2,500,000, Earnest Money: Rs. 200,000) - GTS Parking Stand (Reserve Price: Rs. 1,057,639, Earnest Money: Rs. 105,763) Each site has a specified reserve price and earnest money requirement, which must be deposited via pay order or CDR in the name of the Municipal Committee before the auction date. The technical scope includes the management and collection of parking fees at the designated locations, ensuring smooth operations and compliance with municipal regulations. Bidders must be financially sound and able to fulfill the contractual obligations for the entire lease period. The auction will be held on 31 August 2026 at the Municipal Committee office. Interested parties should ensure all required documents and earnest money are submitted before the auction date. For further details, visit the office or contact the undersigned. Tip: Arrive early on auction day to complete registration and review the terms, as latecomers may not be allowed to participate once proceedings begin.