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AUCTION: Sain Road Board Lease Rights 2026-27

Tender No: AOII/LCB/6-11/2026
Active Tender
Closing Date:
2026-09-09

Tender Document

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. Tehsil Municipal Administration Rustam is conducting an E-Auction for the lease rights of Sain Road Board for the financial year 2026-27. Interested parties are invited to participate in this open auction process, which will be held online through the official e-auction portal. The auction is being organized to grant lease rights for the collection of fees and management of the Sain Road Board, with a reserve price set at PKR 58,500 for the year. Items being auctioned: - Sain Road Board lease rights for the year 2026-27 (Reserve Price: PKR 58,500) The auction will be conducted in three rounds, with the first round on 07/09/2026, the second on 08/09/2026, and the final round on 09/09/2026. Bidding will be open from 9:00 AM to 4:00 PM on each day. The successful bidder will be required to deposit 50% of the bid amount immediately, with the remaining 50% payable by 30/06/2027. Earnest money equivalent to 10% of the reserve price must be deposited prior to participation. Only those who fulfill all legal and financial requirements, including relevant tax registrations and compliance with TMA rules, will be eligible to participate. All interested bidders must register on the official e-auction portal (http://eauction.lcbkp.gov.pk) and ensure timely submission of all required documents and earnest money. The auction will be conducted transparently, and no bids will be accepted after the closing time. For best results, bidders should log in early on the auction days to avoid last-minute technical issues and ensure their bids are properly recorded. For further details, contact the office of the Tehsil Municipal Administration Rustam.
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