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AUCTION: Theka Jat Taxi Stand Fee Khushab for Year 2026-27

Tender No: IPL-8674
Expired Tender
Closing Date:
2024-06-29

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. Municipal Committee Khushab is inviting sealed bids for the auction of theka jat (contract rights) for the collection of taxi stand fees for the financial year 2026-27. The auction will be held at the office of the Municipal Committee Khushab, and interested parties are encouraged to participate as per the terms and conditions outlined in the notice. This is a lucrative opportunity for bidders to acquire the rights to collect stand fees from the designated taxi stand in Khushab for the specified period. Items being auctioned: - Theka Jat Taxi Stand Fee Khushab (Reserve Price: Rs. 2,370,000, Earnest Money: 10% of reserve price, i.e., Rs. 237,000) The technical scope involves the exclusive right to collect stand fees from the specified taxi stand within Khushab city limits for the entire financial year 2026-27. The successful bidder will be responsible for fee collection as per municipal regulations and must comply with all local government requirements. The contract will be awarded to the highest bidder meeting all eligibility and procedural criteria. Eligibility criteria include submission of earnest money (10% of the reserve price) in the form of a pay order or CDR, valid CNIC, and compliance with all municipal rules. Bidders must not be defaulters of the Municipal Committee and should not have any outstanding dues. The auction will be conducted in the presence of the committee, and the highest bid will be considered for approval. The deadline for submission of sealed bids is 29 June 2024. Bids must be submitted at the office of the Municipal Committee Khushab before the closing date. For practical success, ensure all required documents and earnest money are attached and verify your eligibility status with the committee before submission to avoid disqualification.
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