AUCTION: College Canteen and Book Shop Lease for One Year 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, through Govt College of Technology Jhang, invites bids for the auction of the college canteen and book shop. This lease is for one year and will serve approximately 2000 students and 125 college staff. The auction base price is set at Rs. 200,000 with a bid security of 5% amounting to Rs. 10,000. Items being auctioned: - College canteen lease - Book shop lease The lease offers a valuable opportunity to operate within a well-established educational institution in Jhang. Interested bidders must be active taxpayers and registered with Income Tax. The auction will be conducted under a Single Stage One Envelope national competitive bidding procedure. Bidding documents are available for free download at www.ppra.punjab.gov.pk. Completed bids must be submitted by post and received by 12:00 PM on 18-08-2026. The bids will be opened on the same day at 13:00 PM. The original bid security instrument must be included in the sealed envelope, clearly marked with the bidding document number and title. The contract is extendable for an additional two years based on performance. Bidders should ensure all documents are signed and stamped, and income tax registration is valid. This auction is a prime chance for entrepreneurs to engage with a reputable government college in Jhang. A practical tip for bidders: Ensure your bid security is in the form of a CDR or Pay Order in the name of Principal Govt. College of Technology, Jhang, and submit it within the sealed envelope to avoid disqualification.