Lease of Two General Sales Stalls at Municipal Committee Chenab City

Municipal Committee Chenab City invites bids for the lease of two general sales stalls located within the committee premises. The lease term is for five years with an annual rent increase of 10%. The stalls are intended for commercial use and bidders must provide a security deposit (CDR) equivalent to the specified earnest money. The stalls are described as follows: - Stall 1: General Sales Stall, Size 10' x 9', Rent Rs. 25,000, Earnest Money Rs. 100,000 - Stall 2: General Sales Stall, Size 35' x 12', Rent Rs. 35,000, Earnest Money Rs. 100,000 The lease agreement will be for a period of five years with a 10% annual increase in rent. The successful bidder must provide a security deposit equal to the earnest money and will be responsible for all maintenance and utility charges. The stalls are located in a commercial area and are suitable for retail business. The lease will be awarded to the highest bidder after verification of credentials and compliance with terms. Eligibility requires valid NTN and Punjab government tax registration. The bidder must submit the technical and financial bids by 29th July 2026 at 12:00 PM. The bids will be opened on the same day. The tender documents can be obtained from the Municipal Committee office during working hours upon payment of the prescribed fee. No late bids will be accepted. This tender is a good opportunity for businesses looking to establish a retail presence in Chenab City. Bidders should ensure all documents are complete and submitted on time. A practical tip is to visit the site beforehand to assess the location and potential foot traffic, which can help in preparing a competitive bid.