AUCTION: Government Technical High School Peoples Colony No. 1 Faisalabad Cycle Stand 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. Government Technical High School Peoples Colony No. 1 Faisalabad is inviting interested parties to participate in the open auction for the lease rights of the school's cycle stand for the upcoming year. The auction will be held on 16-09-2026 at 10:00 AM at the school premises in Faisalabad. This is an excellent opportunity for individuals or businesses seeking to operate the cycle stand within a busy educational institution, ensuring a steady flow of students and staff requiring secure bicycle parking facilities. Items being auctioned: - Lease rights for the cycle stand at Government Technical High School Peoples Colony No. 1 Faisalabad (annual contract) The successful bidder will be granted the right to manage and collect parking fees from users of the cycle stand for the specified period. All interested participants must bring their original CNIC and a copy, along with a pay order or bank draft for the earnest money as specified in the auction terms and conditions, which can be reviewed at the school office prior to the auction date. The auction will be conducted in accordance with the rules and regulations set by the school administration, and the highest bid will be considered for award, subject to approval by the competent authority. Eligibility is open to all Pakistani nationals above 18 years of age. Prior experience in managing parking or similar facilities is advantageous but not mandatory. Bidders are advised to arrive early to complete registration formalities and to carefully review the terms, especially regarding payment schedules and compliance with school policies. A practical tip: Visit the site a day before the auction to assess the location and potential daily traffic, which will help you determine a competitive yet profitable bid amount.