AUCTION: Canteen Lease Rights Government Graduate College of Commerce Toba Tek Singh 2026-27

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 of Commerce Toba Tek Singh invites sealed bids for the auction of canteen lease rights for the academic year 2026-27. The auction will be held at the college premises on 12.09.2026 at 10:00 AM. Interested parties can inspect the canteen site from 14.09.2026 onwards, and the final date for bid submission is 16.09.2026 at 12:00 AM. Items being auctioned: - Lease rights for the college canteen for the period 2026-27 (from award date until 30-06-2027) The successful bidder will be granted the right to operate the canteen within the college premises for the specified period. All interested bidders must bring their original CNIC and submit a refundable earnest money deposit of PKR 10,000 in cash before participating in the auction. The highest bidder will be required to comply with all terms and conditions set by the college administration, including timely payment of the lease amount and adherence to hygiene and operational standards. Bidders are advised to visit the canteen site in advance to assess the facilities and estimate potential business volume. The auction will be conducted in the presence of the college administration, and the decision of the auction committee will be final. 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 layout, as this can give you a strategic advantage in preparing your bid.