Auction of Parking Areas at Dr. Faisal Masood Teaching Hospital Sargodha for One Year

The Office of the Medical Superintendent at Dr. Faisal Masood Teaching Hospital Sargodha is offering a public auction for the leasing of its parking areas for a period of one year. This opportunity is open to interested individuals, firms, and companies registered with relevant authorities. The auction will be conducted through the official e-Auction Portal, ensuring transparency and ease of participation. Items being procured: - Parking Stand of Dr. Faisal Masood Teaching Hospital Sargodha (70785 sqft inside hospital premises) - Parking Stand of Moula Baksh Hospital Sargodha (21780 sqft inside hospital premises) Total combined area of both parking stands is approximately 92,565 sqft. The auction covers the leasing rights of these parking areas located within hospital premises, providing a valuable commercial opportunity. The process requires registration on the e-Auction Portal by 2026-07-24, with eligibility status uploading by 2026-07-31. The last date for submission of grievances is 2026-08-07, and grievance redressal will be completed by 2026-08-15. Earnest money amounting to 10% of the reserve price (Rs. 1,852,000) must be submitted by 2026-08-27 in the form of Bank Draft, Bank Guarantee, Call Deposit Receipt, Demand Draft, Pay Order, or Banker’s Cheque issued by a scheduled bank operating in Pakistan. The reserve price for the combined parking areas is set at Rs. 18,520,000 for one year. The auction will be held on 2026-09-03 from 11:00 am to 3:00 pm. If no bids are received at the last minute, the auction will end automatically; however, if bids are received, the auction time will be extended by five minutes to allow for competitive bidding. The auction will conclusively end at midnight on the auction day, with results published on the relevant website. Eligibility requires registration on the e-Auction Portal and compliance with auction terms and conditions. Hard copies of applications are not required. The auction committee will scrutinize submissions and only eligible applicants will proceed to the auction phase. Bidders are advised to carefully review the auction document available on the e-Auction Portal and ensure timely registration and submission of all required documents to avoid disqualification. Early registration is recommended to address any technical issues well before deadlines.