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HOUSING AND URBAN DEVELOPMENT DEPARTMENT, GOVT OF JAMMU AND KASHMIR has floated a Tangmarg Entry Fee Collection Auction. The project location is Baramulla, Jammu and Kashmir, India. The reference number is MC/TGM/2025-26/925-28 of 2026 and it is closing on 07 May 2026. Suppliers can request Register free of cost to get the complete Auction details and download the document.
Procurement Summary
State: Jammu and Kashmir
Summary: Tangmarg Entry Fee Collection Auction
Deadline: 07 May 2026
Posting Date: 28 Apr 2026
Other Information
Notice Type: Auction
TOT Ref.No.: 140246371
Document Ref. No.: MC/TGM/2025-26/925-28 of 2026
Financier: Self Financed
Purchaser Ownership: Public
Document Fees: Refer Document
Tender Value: Refer Document
EMD: ₹ 600000.00
Purchaser's Detail
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Login to see detailsTender Details
TANGMARG ENTRY FEE COLLECTION AUCTION
Category: Parking Space/Toll Collection
Auction Detail: For and on behalf of the Lieutenant Governor of J&K Union Territory, online bids are invited through the E-Auction process from reputed and financially sound Agencies, Firms, or Parties for the Collection Rights of Entry Fee / Terminal Tax under the jurisdiction of Municipal Committee Tangmarg / Gulmarg initially for the year 2026-27 w.e.f 05/2026 to 30/04/2028 (Extendable by 23 months if Terms & Conditions/Payment Schedule is fulfilled Strictly).The Minimum reserved bid for initial first year i.e. 2026-27 to is fixed at rupees ₹26, 100, 000/- (Rupees Two Crore Sixty-One Lakh only), and shall be further extendable for an additional period of 12+11 months, i.e., for the year 2027–2028 and 285-29 till 31 March 2029 Only), with a 10% increase on a compound basis .That is, the H1 bid price of the first year shall be increased by 10% on compound basis, and the resultant annual amount shall constitute the amount for 2027-28 for 12 months then the amount shall be increased by additional 10% on 2nd years amount on compound basis that is bid amount for 2nd year plus 10% which shall be proportionately reduced for 11 or till 31st march 2029. The Extension of the bid shall strictly be allowed only on clearance of payments and performance of each successive years.
Tender ID: 33552
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