AUCTION: Lease Rights for College Canteen at Government Graduate College Okara

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Government Graduate College Okara is inviting sealed bids for the lease rights of its college canteen for the upcoming year. The reserve price for the canteen lease has been set at Rs. 500000 per year, and interested parties are required to submit their sealed bids along with a pay order of Rs. 50000 as earnest money (refundable to unsuccessful bidders). The auction will be conducted on 27-10-2026 at the college premises, and all sealed bids must be submitted by 8:00 AM on the day of the auction. The canteen will be leased to the highest bidder who meets all the terms and conditions specified by the college administration. Items being auctioned: - Lease rights for the college canteen (annual reserve price: Rs. 500000) The technical scope includes the operation and management of the college canteen, ensuring quality food and hygienic services for students and staff. The successful bidder will be responsible for maintaining cleanliness, adhering to college rules, and providing a menu approved by the administration. Only those bidders who have cleared all previous dues (if any) and have not been blacklisted by any government institution are eligible to participate. The canteen will be handed over to the successful bidder after the completion of all formalities and payment of the full lease amount. Earnest money of Rs. 50000 must be submitted in the form of a pay order along with the bid. The auction committee will open the bids in the presence of all participants, and the highest valid bid will be accepted. The last date for submission of sealed bids is 27-10-2026. For further details, interested parties can visit the college office during working hours. Tip: Ensure your pay order for earnest money is prepared in advance and double-check all required documents to avoid last-minute disqualification.