AUCTION: Canteen Lease Rights for Government Graduate College for Women Farooq Colony Sargodha 2026-2027

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Government Graduate College for Women Farooq Colony Sargodha is inviting sealed bids for the lease rights of its canteen for the financial year 2026-2027. The auction will be held at the college premises on 02/09/2026 at 10:00 AM. The canteen lease is being offered for one year, and interested parties are encouraged to participate in this open auction process. Items being auctioned: - Lease rights for the college canteen (annual basis) The reserve price for the canteen lease has been set at Rs. 100,000 per annum. Bidders are required to submit a Call Deposit Receipt (CDR) of Rs. 10,000 as earnest money along with their application. Only those who submit the CDR will be eligible to participate in the auction. The successful bidder will be required to deposit the full annual lease amount within the stipulated time after the auction. Interested parties can inspect the canteen premises during college hours before the auction date. The last date for submission of applications is 01/09/2026. The auction will be conducted in the presence of the college committee, and the highest bid above the reserve price will be considered for award. In case of any dispute, the decision of the college administration will be final. Applicants must ensure they are present at the college on the auction date with all required documents and earnest money. For further details, contact the college office at the number provided below. Practical tip: Arrive early on the auction day to complete any registration formalities and to clarify any last-minute queries with the administration.