AUCTION: Canteen Lease Rights for Government Graduate College for Women, Gulshan Colony, Faisalabad 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, Gulshan Colony, Faisalabad is inviting sealed bids for the lease rights of its college canteen for the academic year 2026-2027. The auction process will be conducted at the college premises, and interested parties are encouraged to participate as per the schedule and terms outlined below. Items being auctioned: - Lease rights for the college canteen for the session 2026-2027 (12 months) The auction will be held on 14 September 2026 at 12:30 pm at the college. Interested bidders must submit their applications by 22 September 2026. The successful bidder will be required to sign a contract by 28 September 2026. The minimum monthly rent (reserve price) for the canteen is set at Rs. 60,000. Bidders must deposit earnest money of Rs. 2,500 in cash at the time of the auction. The canteen operator must comply with all college rules and regulations, including maintaining hygiene and quality standards. The successful bidder will also be responsible for paying utility bills and any applicable taxes. The canteen will be allotted for one year, and the contract may be renewed subject to satisfactory performance. Eligibility criteria include submission of a written application, deposit of earnest money, and agreement to abide by the college's terms and conditions. Preference may be given to experienced canteen operators. Bidders are advised to visit the college canteen before the auction date to assess the facilities and prepare their bids accordingly. A practical tip: Arrive early on the auction day to complete the registration process and clarify any queries with the college administration to avoid last-minute issues.