E-Auction of Municipal Properties by Tehsil Municipal Administration Bannu for FY 2026-27

The Tehsil Municipal Administration (TMA) Bannu is conducting an E-Auction for the fiscal year 2026-27 to lease out municipal properties under the E-Baldia scheme. This procurement is aimed at generating revenue through the auction of various municipal assets located in Bannu, Khyber Pakhtunkhwa. The auction process will be conducted online via the official website link provided by the local government. Items being procured: - Municipal Car Parking (Reserve Price: PKR 500,000) - Mall Godam (Reserve Price: PKR 100,000) - Afzal Qadeer Shaheed Park (Reserve Price: PKR 1,000,000) - Mall Handi Park (Reserve Price: PKR 100,000) The auction will be held from 27th June 2026 at 9:00 AM to 29th June 2026 at 4:00 PM. The online bidding platform is accessible at https://cfmis.lgkp.gov.pk/auction/bidder/login/. Bidders must complete the auction in three consecutive rounds between 9:00 AM and 4:00 PM. A 5% earnest money deposit (EMD) is required to participate, payable within two days of auction completion. The successful bidder will be required to pay the full amount within five days, with a 10% penalty for late payments. This auction is open to all eligible bidders who meet the criteria set by the TMA Bannu, including valid registration and compliance with local government regulations. The auction process is strictly monitored to prevent any fraudulent activities, and any attempt to manipulate the auction will result in disqualification. Interested parties should ensure they have a valid user ID and password for the online portal and must adhere to the auction terms and conditions. The TMA Bannu reserves the right to accept or reject any bid without assigning any reason. Bidders are advised to carefully review the Terms of Reference (TOR) and auction guidelines before participation. The submission deadline for bids is 29th June 2026 at 4:00 PM. Bidders should prepare their earnest money in the form of a CDR and ensure timely submission through the online portal. A practical tip for bidders is to familiarize themselves with the online auction system well in advance to avoid technical issues on the auction day, ensuring a smooth bidding experience.