AUCTION: Lease Rights of Three Canteens at Government Degree College for Women Peoples Colony Gujranwala 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. The Government Degree College for Women Peoples Colony Gujranwala is inviting sealed bids for the annual lease rights of three canteens located within the college premises for the period from 01-10-2026 to 30-09-2027. This auction presents an opportunity for interested parties to operate and manage the college canteens for one academic year, serving students and staff. Items being auctioned: - Lease rights for Canteen No. 1 (annual reserve price: Rs. 200000) - Lease rights for Canteen No. 2 (annual reserve price: Rs. 200000) - Lease rights for Canteen No. 3 (annual reserve price: Rs. 200000) Each canteen will be auctioned separately, and the successful bidder for each must deposit one-third of the annual lease amount immediately after the auction, with the remaining amount payable in two equal installments during the lease period. The auction will be held on 22 September 2026 at 10:00 AM in the college premises. Interested bidders must bring their original CNIC and a pay order or bank draft for earnest money equivalent to Rs. 20000 per canteen, refundable to unsuccessful bidders. Only those who submit earnest money before 21 September 2026 at 01:00 PM will be eligible to participate. The leaseholder will be responsible for maintaining hygiene, following college rules, and providing quality food at reasonable rates. Any violation of terms may result in cancellation of the lease. For further details, contact the college office at the number provided below. Tip: Arrive early on auction day to complete registration and review the canteen facilities in person before bidding. This will help you assess the business potential and prepare your bid accordingly.