Auction of Advertising Board Fee Collection Rights by Horticulture Agency Okara

Horticulture Agency Okara invites participation in a public auction for the collection rights of advertising board fees for the financial year 2026-27. The auction comprises one contract for collecting these fees. The reserve price is Rs. 3,50,00,000, and the required earnest money is Rs. 35,00,000, equivalent to 10% of the reserve price.

The auction will be held on 7 December 2026 at 10:00 a.m. in the office of the Deputy Commissioner/Controller, Horticulture Agency Okara. The proceedings and award of the collection contract will be governed by the Punjab Local Government (Auction of Collection Rights) Rules, 2016. Participants must comply with the applicable auction conditions and the requirements imposed under these rules.

Intending bidders must submit earnest money through a call deposit or bank draft from a scheduled bank in favour of the Managing Director, Horticulture Agency Okara. This must be deposited two days before the auction. Participation is subject to fulfilment of the earnest-money requirement. The successful bidder must deposit the required contract amount within the stipulated period; failure to do so will result in forfeiture of the earnest money.

Blacklisted contractors and defaulters are not eligible to participate. Bidders must provide their computerized national identity card and National Tax Number. A person participating on behalf of another bidder must present the necessary authorization. Participants should satisfy themselves regarding the collection rights and the conditions governing the contract before offering their bids.

Approval of the auction will be subject to Rule 27(2) of the Punjab Local Government (Auction of Collection Rights) Rules, 2016. The competent authority reserves the right to reject a bid in accordance with the applicable rules. Acceptance of the highest offer remains subject to approval by the competent authority and compliance with the auction conditions.

Further information and the conditions relating to the auction may be obtained from the office of Horticulture Agency Okara during office hours. The notice is issued by the Director (Administration and Finance), Horticulture Agency Okara.