The sixth team, formerly known as Multan Sultans, had its franchise agreement terminated by the PCB after it failed to meet its financial obligations.
Following the termination of the contract, all rights in respect of the team were reverted back to the cricket board.
Interested parties have until 14 of this month to obtain bid documents from the PCB. Information obtained from any other source shall not be deemed official, the board states in its invite.
Technical and financial proposals have to reach the PCB office in Lahore by 11am on 18 of this month.