Collection Rights Auction for District Okara for FY 2026-2027

District Council Okara invites bids for the auction of collection rights for the fiscal year 2026-2027. This procurement is managed by the District Council Okara office located in Okara city, Punjab. The auction is governed under the Collection Rights Rules 2016 and will be held on 26-07-2026 at 11:00 AM. Items being procured: - Collection rights for motor cycle, motor rickshaw, auto rickshaw, tongas, and other vehicles in the District Council Okara jurisdiction - Collection rights for shops and markets in the district - Collection rights for other miscellaneous revenue sources as per the rules The auction includes a reserve price with a 10% deposit requirement. The successful bidder must provide a computer-generated receipt and an E-Stamp worth 3000 PKR. The auction will be conducted under strict compliance with the Collection Rights Rules 2016, including a 60% payment on award and 40% adjustment. The contract period is from 01-07-2026 to 30-06-2027. Eligibility criteria include NTN registration, FBR compliance, and the ability to provide a security deposit as per auction rules. The bidder must also submit an earnest money deposit of 50,000 PKR in the form of a CDR. The auction is open to all eligible parties with prior experience in similar collection rights auctions. The closing date for submission is 23-07-2026 by 11:00 AM. Bidders should submit their technical and financial bids in sealed envelopes to the Chief Officer District Council Okara office. Late submissions will not be entertained. A practical tip for bidders: Ensure all documentation, including NTN and FBR certificates, is up to date and attached with the bid. Also, prepare the required E-Stamp and earnest money in advance to avoid last-minute issues. Familiarity with the Collection Rights Rules 2016 will greatly assist in complying with auction conditions and avoiding disqualification.