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AUCTION: Lease Rights of Zanana Colony Cattle Fair Parking, Kamalia 2026-27

Tender No: IPL-9050
Active Tender
Closing Date:
2026-09-14

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 Kamalia invites sealed bids for the public auction of lease rights for the Zanana Colony Cattle Fair Parking for the financial year 2026-27. The auction will be held at the office of the Municipal Committee Kamalia on 14-09-2026 at 11:30 AM. Interested parties are encouraged to participate in this open auction process for the lease of the parking area, which is a significant revenue-generating opportunity for local contractors and businesspersons. Items being auctioned: - Lease rights for Zanana Colony Cattle Fair Parking, Kamalia (annual reserve price: Rs. 800,000, earnest money: Rs. 300,000, contract period: 01-09-2026 to 31-08-2027) The technical scope includes the management and operation of the designated parking area during the cattle fair period, ensuring proper fee collection, order, and compliance with municipal regulations. The successful bidder will be responsible for maintaining the parking facility and remitting the agreed lease amount to the Municipal Committee. Bidders must be registered taxpayers with valid NTN and must provide earnest money in the form of a pay order or CDR equivalent to Rs. 300,000 at the time of auction. The highest bid above the reserve price will be considered for award, subject to approval by the competent authority. All interested parties should bring original CNIC, NTN certificate, and proof of earnest money deposit. The auction terms and conditions can be reviewed at the office during working hours. The deadline for participation is the auction date and time as stated above. For practical success, bidders are advised to inspect the parking site in advance and clarify any queries with the municipal office to avoid last-minute issues.
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