AUCTION: Sadar Municipal Corporation Sialkot Parking Sites Lease Rights 2026-2027

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Sadar Municipal Corporation Sialkot invites open auction bids for the lease rights of its parking sites for the financial year 2026-2027. The auction will be held on 30-10-2026 at 11:00 AM at the office of the Chief Officer, Sadar Municipal Corporation Sialkot. Interested parties are encouraged to participate in this transparent process for acquiring the rights to operate and collect parking fees at designated municipal sites. Items being auctioned: - Parking Stand at Sadar Bazar, Sialkot (Annual Reserve Price: Rs. 4,22,000, Earnest Money: Rs. 19,182, Auction Date: 30-10-2026, Lease Period: 01-11-2026 to 30-06-2027) - Parking Stand at Railway Road, Sialkot (Annual Reserve Price: Rs. 3,83,500, Earnest Money: Rs. 18,000, Auction Date: 30-10-2026, Lease Period: 01-11-2026 to 30-06-2027) Both sites are prominent public parking locations within Sialkot city, offering significant business potential for the successful bidders. The technical scope includes the management, operation, and fee collection for the allotted parking stands as per municipal regulations. Bidders must deposit earnest money (CDR/Pay Order) equal to 4.5% of the reserve price for each site, along with a copy of their CNIC and proof of FBR Active Taxpayer List (ATL) registration. The successful bidder will be required to pay 1/3rd of the annual lease amount immediately after the auction, with the remaining amount payable in two equal installments. Bids must be submitted in person at the Chief Officer's office before the auction time. No bids will be accepted after the announced time. For a practical tip, ensure your CDR and tax documents are up to date and bring originals for verification, as incomplete documentation may disqualify your bid. For further details, visit the office during working hours prior to the auction date.