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AUCTION: University of Chakwal Canteens and Shops Lease Rights 2026

Tender No: 01/2026
Active Tender
Closing Date:
2026-08-26

Tender Document

Tender Document

Tender Description

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The University of Chakwal is inviting applications from reputable firms, suppliers, and contractors registered as Active Tax Payers for the auction of lease rights for various canteens and shops located at its Main Campus in Chakwal. This auction provides an opportunity to operate key commercial spaces within the university for the financial year 2026-27, with the possibility of extension up to three years based on satisfactory performance and a ten percent annual increase in contract value. Items being auctioned: - Girls Canteen, Adjacent BS Block (Earnest Money: 5% of Reserve Price) - Canteen - Engineer Block (Earnest Money: 5% of Reserve Price) - Canteen - Western Block (Earnest Money: 5% of Reserve Price) - Photocopy & Stationery Shop, Adjacent to BS Block (Earnest Money: 5% of Reserve Price) - Photocopy & Stationery Shop, Engineering Block (Earnest Money: 5% of Reserve Price) The auction will be conducted at the Estate Office, University of Chakwal. Bidders must submit their documents by **Aug 26, 2026 (Wednesday) before 11:00 am**. The open auction will start at 11:30 am on the same day in the presence of bidders or their representatives. The highest bidder will be required to pay 20% of the bid amount on the spot, with the balance due within ten days. If necessary, second and third auctions may be held on **Aug 31, 2026 (Monday)** and **September 03, 2026 (Thursday)**. All applicable taxes will be deducted as per government rules. The auction will be conducted under PPRA Rules 2014 and Punjab Delegation of Financial Powers Rules, 2016. Interested parties can download documents free of cost from the university or Punjab PPRA websites. For a successful bid, ensure your earnest money (5% of reserve price) is ready as a Pay Order or CDR. A practical tip: Arrive early on auction day to complete registration and clarify any queries with the Estate Office before bidding begins.
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