Auction Notice: Cycle Stand Lease at Lahore High Court, Multan Bench (2026-27)

Deputy Registrar (General), Lahore High Court, Multan Bench invites sealed/open auction bids for the lease of the cycle stand located in the premises of Lahore High Court, Multan Bench for the judicial year 2026-27.

Key auction conditions:

- Each bidder must deposit Rs.15,000 as earnest money with the Cashier before bidding; unsuccessful bidders will have their earnest money refunded after the fall of the hammer.

- Each participant must place at least one bid during the auction; failing to do so will result in forfeiture of the security deposit.

- The successful bidder must complete payment obligations: 1/3rd of the total auction amount at the spot and submit proof of deposit of the remaining amount and Advance Income Tax along with a security clearance certificate to the Assistant Registrar (B&M) within three days, after depositing funds with the Cashier. Failure to comply will lead to forfeiture of earnest money and automatic cancellation of the award.

- If the successful bidder fails to pay as required, the earnest money of the 2nd highest bidder will be retained for seven days and that bidder will be given an opportunity to run the cycle stand.

- The Auction Committee reserves the right to accept or reject any bid or cancel the auction without assigning reason.

Business terms & conditions (selected):

- Contractor may charge Rs.10 per cycle and Rs.20 per motorcycle at the stand.

- Monthly parking fee from staff/employees of the Lahore High Court, Multan Bench and government offices: Rs.50 per cycle and Rs.100 per motorcycle.

- Contractor and employees shall not be allowed to reside in the premises of the High Court.

- The competent authority may revoke the contract for misconduct, violation, or encroachment beyond the allotted space; any forfeited money will be dealt with by the authority.

Prospective bidders must present the cashier's receipt for the earnest deposit before participating. For further procedural details contact the office of the Assistant Registrar (B&M), Lahore High Court, Multan Bench.