AUCTION: College Canteen and Book Shop at Govt. College of Technology Jhang

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Government of the Punjab Technical Education & Vocational Training Authority invites bids for the auction of the college canteen and book shop at the Government College of Technology, Jhang. This facility serves approximately 1800 students and 125 college staff, making it a valuable commercial opportunity in the educational sector of Jhang. Items being auctioned: - College canteen - Book shop The auction base price is set at Rs. 200,000 with a bid security of Rs. 10,000 required in the form of CDR, Pay Order, or Demand Draft payable to the Principal of Govt. College of Technology, Jhang. Bidders must submit their bids in a sealed envelope clearly marked with the respective bidding document title by 24th October 2026 at 11:00 AM. The bids will be opened on the same day at 1:00 PM. Bidding documents are available free of cost for download at www.ppra.punjab.gov.pk. Bidders must ensure compliance with all terms and conditions, including submission of income tax certificates and other required documents. The successful bidder will be responsible for paying 10% income tax on the bid value. This auction is conducted under the Single Stage One Envelope procurement method. Interested parties should submit bids well before the deadline to avoid last-minute issues. The Principal Govt. College of Technology, Jhang, will not be responsible for any delays or issues in bid submission. A practical tip for bidders: Carefully review the bidding documents available online and ensure your bid security is prepared in the correct format and submitted on time to avoid disqualification.