Public Auction: Canteens / Cafeteria & Tuck Shops Lease at The Children's Hospital UCHS, Lahore

Issuer: The Children's Hospital & UCHS, Lahore. The institution invites interested individuals, firms or companies registered with relevant authorities to participate in an e-auction for lease of canteen/cafeteria and tuck-shop units for a period of one year. Registration and participation will be processed through the e-Auction Portal.

Total area offered: 12,573 sq. ft.

Key details and conditions:

- Auction mode: e-Auction. Interested parties must register on the e-Auction Portal and meet eligibility criteria listed in the auction document. Hard copies of applications are not required.

- Reserve price for the auction: Rs. 139,476,786/- for one year.

- Earnest money: 10% of the reserve price Rs. 13,947,680/- to be furnished in the form of Bank Draft / Bank Guarantee / Call Deposit Receipt (CDR) / Demand Draft (DD) / Pay Order (PO) / Banker's cheque (issued by a scheduled bank operating in Pakistan). Original instrument must be submitted physically to the Medical Director's office within ten days of announcement of evaluation result.

- Applicants must upload required documents and, where applicable, CDRs on the e-Auction portal by the stated deadlines. The institute is not responsible for technical errors on the portal; applications found corrupt or unreadable will be rejected.

- The auction will proceed through the e-Auction Portal; offers received must be greater than the previous offer (1% of reserve price = last offer increment). If no offer is received during the last minute, the auction will end; if an offer is received in the last minute, auction time will be extended by five minutes repeatedly until no further competition.

- Successful bidder will be published on the relevant website and the signed auction document will be considered final and binding.

How to apply: Register and submit bids via the e-Auction Portal: https://eauction-health.punjab.gov.pk. Further details and terms & conditions are available on the official websites: https://chich.edu.pk and http://health.punjab.gov.pk.

Authority: Prof. Dr. Tipu Sultan, Prof. of Paediatric Neurology & Medical Director, The Children's Hospital & UCHS, Lahore.