Public Auction of Revenue Collection Rights by Municipal Corporation Sialkot
Auction details
Municipal Corporation Sialkot invites bidders to a public auction of municipal revenue collection rights, including entry and ticket fees, for the financial year 2026–2027. The contract period covers October 2026 to 30 June 2027. The auction will take place on 30 October 2026 at 11:00 a.m. at Municipal Corporation Sialkot.
Two revenue collection contracts are offered. The first carries a reserve amount of Rs. 4,219,182 and requires earnest money of Rs. 422,000. The second carries a reserve amount of Rs. 383,800 and requires earnest money of Rs. 38,500. Collection must follow the approved fee schedule and the conditions applicable to the respective contract.
Participating contractors or firms must present a valid national identity card. Persons or firms blacklisted by Municipal Corporation Sialkot, another government department or a local government are not eligible to participate. Bidders must deposit the required earnest money before participating in the auction. Deposits may be made through the prescribed bank instrument or in cash with Municipal Corporation Sialkot. Earnest money deposited by unsuccessful bidders will be returned after the auction proceedings.
The successful bidder must make the required payments following approval of the bid and execute the contract under the applicable conditions. Applicable income tax and Punjab sales tax obligations are payable by the contractor. Failure to fulfil payment and contractual requirements may result in forfeiture of the deposited security under the applicable rules.
The competent auction authority retains the power to accept or reject bids. Contractors must collect only the authorised charges and comply with the Punjab Local Governments auction and collection rules referred to in the notice. A claim for a rebate on the grounds of reduced income will not be entertained.
Detailed auction conditions may be obtained during office hours from Municipal Corporation Sialkot. The responsible office is the Chief Officer, Municipal Corporation Sialkot.
Documents, submission and contact
- Documents from
- Municipal Corporation Sialkot
- Auction venue
- Municipal Corporation Sialkot
Published in
Listed from a public newspaper advertisement. Verify dates, fees and submission requirements with Municipal Corporation Sialkot before bidding. Listing PT-546.