AUCTION: Lease Rights of Cycle Stand at Lahore High Court Bench Multan for 2026-2027

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Lahore High Court Bench Multan is inviting interested parties to participate in the open auction for the lease rights of the cycle stand located at the premises of the Lahore High Court Bench Multan for the financial year 2026-2027. The auction will be held on 15 October 2026 at 2:00 PM at the court premises in Multan. Items being auctioned: - Lease rights for the cycle stand at Lahore High Court Bench Multan (annual reserve price: Rs. 139,178) The successful bidder will be granted the right to operate and manage the cycle stand for one year, subject to compliance with all terms and conditions set by the court administration. The minimum bid increment is Rs. 15,000, and the highest bid above the reserve price will be considered for award. The winning bidder must deposit 1/4th of the bid amount immediately after the auction as earnest money, with the remaining amount to be paid as per the schedule outlined in the notice. All participants must bring their original CNIC and a pay order or bank draft for the earnest money. Only those who fulfill the eligibility criteria and deposit the required earnest money will be allowed to participate in the auction. The lease period will commence from 20 October 2026 and end on 19 October 2027. The lessee will be responsible for all taxes, utility charges, and compliance with court regulations during the lease period. A practical tip for bidders: Arrive early on the auction day to complete registration and document verification, as latecomers may not be allowed to participate. Ensure your earnest money pay order is ready and matches the required amount to avoid disqualification. For further details, contact the office of the Deputy Registrar (General), Lahore High Court Bench Multan.