AUCTION: Canteen and Photostat Shop Lease Rights at Khawaja Fareed University of Engineering and Information Technology Multan (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. Khawaja Fareed University of Engineering and Information Technology Multan is inviting sealed bids for the auction of lease rights for its main canteen and photostat shop for the financial year 2026-2027. The auction is open to all interested parties who wish to operate these facilities within the university premises. The process will be conducted at the university campus in Multan, and all terms and conditions are outlined in the official notice. Items being auctioned: - Main Canteen Lease Rights (Reserve Price: Rs. 2,353,613, Call Deposit: Rs. 235,361) - Photostat Shop Lease Rights (Reserve Price: Rs. 635,613, Call Deposit: Rs. 63,561) Both auctions will be held on 29-09-2026 at 12:00 PM at the university campus. Interested bidders must submit a non-refundable application fee of Rs. 2,000 to participate. The call deposit (earnest money) must be submitted in the form of a bank draft or pay order in favor of the university. Bidders are required to present their original CNIC at the time of auction. The successful bidder will be required to deposit 30% of the bid amount immediately after the auction, with the remaining amount payable as per the university's schedule. Eligibility criteria include submission of the required call deposit, compliance with university rules, and adherence to the terms and conditions set forth in the auction notice. The university reserves the right to reject any or all bids without assigning any reason. For further details, interested parties are encouraged to visit the university or contact the auction committee. A practical tip: Arrive early on the auction day to complete registration and review the facilities in person, as this can give you a competitive edge in the bidding process.