E-Auction of 260 Tons of Shrimp by PMU Shrimp Aquaculture Punjab

The Project Management Unit (PMU), Shrimp Aquaculture Project of the Aquaculture and Fisheries Department, Punjab, invites interested parties and individuals to participate in an e-auction of shrimp (L. vannamei) produced under research experiments at three farms. Participants must register at www.eauction.punjab.gov.pk and deposit separate bid security for each auction site through PSID.

Lot 1 comprises an estimated 150 tons at Shrimp Farm Ali Wali, Muzaffargarh, with bid security of Rs. 3,000,000 and a performance guarantee of Rs. 45,000,000. Lot 2 comprises an estimated 100 tons at Shrimp Farm Shahgarh, Muzaffargarh, with bid security of Rs. 2,000,000 and a performance guarantee of Rs. 30,000,000. Lot 3 comprises an estimated 10 tons at Shrimp Farm 58 NB, Sargodha, with bid security of Rs. 200,000 and a performance guarantee of Rs. 3,000,000. The reserve price for each lot is Rs. 1,000 per kilogram, exclusive of all applicable taxes.

Bid security can be submitted from 12 November to 17 November 2026, until 11:59 pm on the closing date. Only registered bidders who have deposited bid security are eligible to inspect the shrimp crops and participate in the auction. Inspection through random netting by cast net will take place from 9:00 am to 5:00 pm at Ali Wali on 18 November, Shahgarh on 19 November, and 58 NB, Sargodha, on 20 November 2026.

The live e-auction for all three sites will run through the portal on 21 November 2026 from 9:00 am to 5:00 pm. Bidders must quote prices in Pakistani rupees per kilogram, excluding applicable taxes, separately for each site, and may bid for more than one site simultaneously. If a bid is placed at 5:00 pm, other eligible bidders may respond; the submission time will automatically extend by three minutes from each subsequent bid. The highest bid for each site will determine the successful bidder.

Successful bidders must pay their quoted price, including applicable taxes, against the actual weight harvested, without deductions for underweight shrimp. Before signing the contract, each successful bidder must provide the applicable performance guarantee separately by pay order or bank guarantee, with a minimum validity of 60 days, in favour of Project Management Unit (PMU), Shrimp Aquaculture Punjab, Lahore. It may be released after completion of contractual obligations.

Contractors must complete netting, handling, chill-killing, icing, packing and transportation at their own expense within 20 days of the effective contract date. Payment of each invoice, inclusive of applicable taxes, must reach the Department's designated bank account within 48 hours of issuance. Separate daily invoices will reflect actual harvested quantities, and harvesting may be suspended until full payment is received. Contractors must harvest and buy the entire crop, subject to the Department's right to reserve ponds for operations or research.

Contracts are awarded on an as-is-where-is basis. The Department reserves the right to reject all bids. Failure by the first-ranked bidder to comply with contractual terms will result in cancellation and forfeiture of applicable security or guarantees. The Director General Fisheries, Punjab, will have the final decision in disputes. Successful bidders' bid security is refundable after contractual completion; unsuccessful bidders' security is refundable after procedural formalities.

For queries, contact Mr. Muhammad Ramzan, Director Shrimp Estate Rakh Ali Wali, at 0312-5024004 or 042-99211584. The Project Director's office is at 9-A Bahawalpur Road, Chauburji, Lahore. The departmental website is www.punjabfisheries.gov.pk.