AUCTION: Akhter Saeed Medical and Dental College Lahore Crawler Hostel Canteen Lease Rights 2026

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Akhter Saeed Medical and Dental College Lahore is inviting sealed bids for the lease rights of the Crawler Hostel Canteen for the year 2026. The auction is open to all interested parties who wish to operate the canteen facility within the college premises, located in Lahore. This is an excellent opportunity for experienced caterers and food service providers to secure a high-traffic location within a prominent medical and dental college. Items being auctioned: - Lease rights for the Crawler Hostel Canteen (Akhter Saeed Medical and Dental College Lahore) for one year - Reserve price: Rs. 500,000 The technical scope includes providing quality food and beverage services to students, faculty, and staff, maintaining hygiene standards, and ensuring compliance with all college regulations. The successful bidder will be responsible for the day-to-day management of the canteen, including staffing, menu planning, and cleanliness. The canteen must be operated in accordance with the college's health and safety guidelines. Eligibility criteria require bidders to be registered with FBR and listed on the Active Taxpayers List (ATL). Bidders must submit earnest money of Rs. 50,000 in the form of a pay order or CDR along with their bid documents. The auction will be held on 5 October 2026 at 2:30 PM at the college premises. Bids must be submitted by 11:00 AM on the same day. The successful bidder will be required to sign a formal lease agreement and commence operations as per the college's schedule. A practical tip: Prepare all your tax and registration documents in advance and ensure your earnest money pay order is ready before the submission deadline to avoid last-minute issues. For further details, contact the college administration at the number provided below.