Municipal Committee Wazirabad Auction — Adda Fee Collection Rights (FY 2026–27) — 2026-06-29
Municipal Committee Wazirabad Auction · Wazirabad · Dunya,
Notice advertisement published in Dunya on Saturday, 20 June 2026, listed under Wazirabad. Issued by Municipal Committee Wazirabad Auction. The last date printed on the advertisement was Monday, 29 June 2026 and has passed.
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Issuer: Municipal Committee, Wazirabad. Auction for collection rights of specified income heads for the financial year 2026-27 under PLGs (Auctioning of Collection Rights) Rules, 2016. Venue: Office of Chief Officer, Municipal Committee, Wazirabad. Date & time: 2026-06-29 at 11:30 AM.
How to participate: Interested persons must be registered/renewed with any District of Punjab for the financial year 2026-27 and present the original registration/renewal at the auction. Detailed terms and conditions will be read aloud and a photocopy will be provided on demand at the time of auction. Further information is available from the Office of Municipal Officer (Finance), MC Wazirabad during working hours.
Key conditions:
- Earnest money must be submitted prior to bidding as a bank call deposit in favor of MC, Wazirabad.
- No defaulter contractor or blacklisted person/company may participate.
- Bidders must show their national identity card to the Convener, Auction Sub-Committee and furnish one attested copy.
- Successful bidder's earnest money will be deposited with MC Wazirabad Fund; unsuccessful bidders' earnest money will be returned on the spot.
- Successful bidder must provide a guarantor whose property value equals the contract amount, and the guarantor must have an NTN. The guarantor's previous six-month bank statement must show a balance as per the contract amount.
- Within three days of approval the successful bidder must deposit 1/10 of the total auction amount, 40% of the earnest money as security, and the installment of the month of July 2025.
- Competent authority (Municipal Committee, Wazirabad) reserves the right to reject any bid without assigning a reason.
- Advance income tax: 10% applicable if bidder is a filer; 20% if the successful bidder is a non-filer.
| Sr. No. | Income Head | Reserve Price (PKR) | Earnest Money (PKR) | Contract Period |
|---|---|---|---|---|
| 1 | Adda Fee | 650,000/- | 65,000/- | 01.07.2026 to 30.06.2027 |
Attendance: Bring original registration/renewal and CNIC. Auction conducted at the Office of Chief Officer, Municipal Committee, Wazirabad.
Published in Dunya on Saturday, 20 June 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.