AUCTION: Canteen and Parking Stand Lease Rights at Social Security Hospital Jhang Road Muzaffargarh 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. Punjab Employees Social Security Institution (PESSI) invites sealed bids for the lease rights of the hospital canteen and parking stand at Social Security Hospital, Jhang Road, Muzaffargarh for the financial year 2026-27. This auction offers an opportunity for interested parties to operate and manage these facilities within the hospital premises, subject to the terms and conditions outlined by the institution. Items being auctioned: - Hospital Canteen (monthly reserve price: Rs. 25,000) - Parking Stand (monthly reserve price: Rs. 65,000) Both facilities are located within the Social Security Hospital, providing a steady flow of potential customers from hospital staff, patients, and visitors. The successful bidder will be responsible for the operation, cleanliness, and management of the respective facility, ensuring compliance with all institutional and health regulations. The auction will be conducted through sealed bids, and each participant must submit a non-refundable auction fee of Rs. 1,000 for each lot they wish to bid on. Eligibility criteria include registration with Punjab Revenue Authority (PRA), provision of a valid CNIC, and submission of earnest money in the form of a CDR or pay order. The earnest money is set at Rs. 9,000 for the canteen and Rs. 23,400 for the parking stand. Bidders must ensure that all required documents are attached with their bid, including proof of experience if available. The deadline for submission of sealed bids is 9 June 2024 at 11:00 AM, after which bids will be opened in the presence of the bidders or their representatives. A practical tip: Prepare your CDR/pay order and supporting documents in advance to avoid last-minute issues, and visit the hospital site to assess the facilities before bidding.