AUCTION: LRH 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. The Government College of Nursing at Lady Reading Hospital Peshawar is inviting sealed bids for the lease rights of its hostel canteen for the upcoming year. This opportunity is open to interested parties who wish to operate the canteen facility within the LRH hostel premises. The auction is being conducted by the college administration, and the process will be transparent and competitive to ensure fair participation. Items being auctioned: - Lease rights for the hostel canteen at Government College of Nursing, Lady Reading Hospital Peshawar (Reserve price: Rs-252200/-; Earnest Money: Rs-25220/-) The successful bidder will be granted the right to run the canteen for the specified period, subject to compliance with all institutional rules and regulations. The canteen is expected to serve students and staff, maintaining high standards of hygiene and service. Bidders must submit an earnest money deposit of 10 percent of the reserve price, which amounts to Rs-25220/-, along with their sealed bid. The last date for submission of bids is 12/09/2026, and the auction will be held at the college premises. All participants must ensure their presence at the time of auction, and the highest bid above the reserve price will be considered for award. Eligibility criteria include submission of all required documents, compliance with KPPRA rules, and timely deposit of earnest money. The canteen operator must have relevant experience in food services and demonstrate the ability to manage a facility of this scale. Bidders are advised to visit the site beforehand to assess the location and prepare a competitive bid. For best results, ensure all bid documents are complete and submitted before the deadline to avoid disqualification.