AUCTION: Toll Tax Collection Rights at Mailsi Syphon Cum Barrage for 275 Days

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Sealed bids are invited for the award of contract for toll collection rights at Mailsi Syphon Cum Barrage for a period of 275 days starting from 29-09-2026 to 30-06-2027. The auction is conducted by the Irrigation Multan Zone, with the Executive Engineer of Mailsi Syphon Division, Thingi, overseeing the process. The reserve price for the year 2026-27 (365 days) has been set at Rs. 24,602,216 as approved by the Chief Engineer. Items involved in this auction include: - Toll collection rights at Mailsi Syphon Cum Barrage for 275 days Bidders must furnish earnest money in the form of a CDR amounting to 5% of the reserve price. Bid documents can be obtained from the office of the Executive Engineer, Mailsi Syphon Division, Thingi, until 25-09-2026 during office hours. Submission of attested CNIC copy, specimen signature, and Power of Attorney (if applicable) is mandatory for issuance of contract documents. Sealed bids along with earnest money CDR must be submitted by 26-09-2026 up to 12:00 PM and will be opened at 12:30 PM the same day in the presence of bidders or their authorized representatives. The successful bidder will be required to provide a bank guarantee equal to 10% of the total bid amount after sanction receipt, in addition to earnest money. The bid amount is payable in twelve installments in advance, inclusive of all taxes. The lessee is responsible for all expenses related to provision, operation, and maintenance of facilities. The auction committee reserves the right to reject any or all bids without justification. Toll tax will be levied on vehicles as per government-approved schedules. The successful bidder must also deposit income tax at 10% of the bid price and comply with all tax schedules notified by the government. In case of government enhancement of toll tax rates, the reserve price will be adjusted accordingly. No compensation claims will be entertained for losses due to road or bridge closures or disasters affecting toll income. This auction is a significant opportunity for contractors experienced in toll collection and financial guarantees. Bidders should ensure timely submission of complete documents and earnest money to avoid disqualification. The auction will be conducted transparently with strict adherence to terms. Contact the Executive Engineer, Mailsi Syphon Division, Thingi, for further details and bid document acquisition. The URL for the PPRA website is http://eproc.punjab.gov.pk/ViewTender.aspx for official updates and response time calculations.