AUCTION: Canteen Lease Rights at Divisional Public School and College Faisalabad 2026-2029

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Divisional Public School and College Faisalabad is inviting sealed bids for the public auction of canteen lease rights for the period from 2026 to 2029. The auction is open to all interested parties who wish to operate the canteen facilities within the school premises. This is a valuable opportunity for experienced food service providers and entrepreneurs to secure a prime location within a leading educational institution in Faisalabad. Items being auctioned: - Lease rights for Main Canteen (Divisional Public School and College Faisalabad) - Lease rights for Junior Section Canteen (Divisional Public School and College Faisalabad) Both canteens will be auctioned separately, and applicants may submit bids for one or both locations. The reserve price for each canteen is not specified in the notice, and interested parties are required to submit their best offers. Earnest money of Rs. 1000 per canteen must be deposited via Pay Order or CDR in favor of Divisional Public School and College Faisalabad. The successful bidder will be required to sign a formal agreement for a three-year term, from 30 September 2026 to 30 September 2029, with a 10 percent annual increase in rent. Bidders must submit their sealed bids to the office of the Principal, Divisional Public School and College Faisalabad, by 26 September 2026 at 11:00 AM. The auction will be conducted in the presence of the committee and bidders. Only those who fulfill the eligibility criteria and deposit the required earnest money will be allowed to participate. It is recommended that bidders visit the canteen premises in advance to assess the facilities and estimate potential business volume. This practical step can help in preparing a competitive and realistic bid.