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AUCTION: Collection Rights of Roadside Advertisement Fees Multan 2026-27
Tender No: PHAV/DG/PS/20/3/9301
Expired Tender
Closing Date:
2024-07-01
2024-07-01
Tender Overview
- Category
- Real Estate & Property
- Sector
- Auction
- Tender Type
- Auction
- Procurement Method
- Open Auction
- Submission Method
- In person at the office of Director Marketing, Parks and Horticulture Authority Multan
- Estimated Cost
- Rs. 25,500,000
- Source Name
- Newspaper
Location & Dates
Contact & Websites
- Contact Person
- Director Marketing
- Contact Phone
- 061-9200931
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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.
The Parks and Horticulture Authority Multan is inviting bids for the auction of collection rights for roadside advertisement fees for the financial year 2026-27. This auction presents an opportunity for interested parties to acquire the exclusive rights to collect advertisement fees from various roadside locations within Multan. The auction will be conducted in accordance with the Punjab Procurement Rules 2014 and relevant departmental policies.
Items being auctioned:
- Collection rights for roadside advertisement fees in Multan for the year 2026-27 (Category A)
- Reserve price: Rs. 25,500,000
The technical scope includes the management and collection of advertisement fees from all designated roadside sites as per the authority's jurisdiction. The successful bidder will be responsible for ensuring compliance with all legal and regulatory requirements, maintaining proper records, and submitting timely payments to the authority. The contract period will cover the entire financial year 2026-27, and the bidder must adhere to all terms and conditions outlined in the auction notice.
Eligibility criteria require that bidders must not be defaulters of the authority, must have no outstanding dues, and must provide earnest money in the form of a CDR or pay order equivalent to the specified amount. Bidders must also submit a copy of their CNIC, proof of tax registration, and an affidavit confirming compliance with all rules. The auction will be held at the office of the Director Marketing, Parks and Horticulture Authority Multan, on 1 July 2024 at 11:00 AM. Interested parties are advised to arrive early and ensure all documentation is complete.
A practical tip for bidders: Carefully review the detailed terms and conditions, especially regarding payment schedules and compliance requirements, to avoid disqualification or penalties during the contract period.