Lease of General Shops at Model Committee Korak District Loralai

The Model Committee Korak in District Loralai is inviting bids for the lease of general shops located at Shop No. 8, Qasim Road Korak. This procurement is specifically for the leasing of commercial shops under the jurisdiction of the Model Committee Korak, Balochistan. The lease is intended for a period of five years, and the shops are situated in a prime location on Qasim Road, Korak. Interested bidders must comply with the Punjab Local Government (Rights and Receipts) Rules 2016, ensuring all terms and conditions are met. The lease process requires submission of earnest money amounting to PKR 60,000 as a security deposit. Detailed information and terms can be reviewed at the office of the Model Committee Korak during official working hours. Eligibility criteria include valid registration with the relevant local authorities and compliance with all legal and financial requirements as per the local government rules. Experience in managing commercial properties or shops will be advantageous. The submission deadline is set for 21st July 2026 by 11:00 AM, after which no bids will be entertained. Bidders are advised to carefully review the lease terms and ensure all documentation, including earnest money and required certifications, are complete and submitted on time. A practical tip for bidders is to visit the site beforehand to assess the shop conditions and location benefits, which can aid in preparing a competitive and realistic bid.