Public Auction for Three-Year Lease to Collect Toll Fees from Daily Market in Suramangalam Zone, Salem Corporation
Bid Value
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Closing Date
30 July 2026
Days Remaining
0 days
AI Tender Synthesis
Pre-generatedThe tender offers a clear scope for a three-year revenue-generating lease through a public auction, but the absence of an estimated value and detailed eligibility criteria necessitates further review to assess financial viability and competitiveness.
What's Being Procured
Salem Municipal Corporation invites bids for a three-year lease to collect toll fees from the daily market in the Suramangalam Zone. The successful bidder will have exclusive rights to collect fees from market vendors and users.
Eligibility Criteria
None identified
Technical Scope
- 01Collect toll fees from vendors and users of the daily market in Suramangalam zone for three years.
- 02Manage the operation of the toll fee collection under a licence for the specified period.
Documents Required
None identified
Watch Out For
- Estimated value of the lease is not specified, making financial assessment challenging.
- Specific eligibility criteria and required documents are not provided in this summary.
Bid Value
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Summary
This tender from the Salem Municipal Corporation, specifically its Suramangalam ward office, invites bids for a public auction. The auction concerns a three-year lease agreement for a licence to collect toll fees. This licence is specifically for the daily market located within the Suramangalam zone. The successful bidder will be granted the exclusive right to collect toll fees from vendors and users of this daily market for the specified three-year period. This initiative is managed under reference K1-7027-2018-07.