1.

Bidder is required to deposit Bid Security CDR/Bank Guarantee in the Name of Treasurer University of the Punjab, Lahore for one unit, amount mentioned in Annexure-A. Tender Form shall be available @ Rs. 1000/- in Land Office of Resident Office-II, University of the Punjab, Lahore. The last date of submission of tender form is 13-11-2025 upto 11:00 a.m. and tender shall be opened on same date upto 11:30 a.m.

2.

Each party may submit a tender for only one lot.

3.

5% of estimated annual rent be deposited before participation in the open auction as per “PPRA” rules, which will be refundable for unsuccessful competitors.

4.

A bidder/participant who comes out successful in open auction shall deposit annual leased amount with 15 days after auction and if he fails to do so, his/her bid shall stand cancelled and earnest money deposited shall be forfeited. The defaulter shall further be blacklisted for the said purpose. The said cancelled unit shall be offered to next higher bidder or re-auctioned following the procedure laid down in above rules.

5.

The lease period will be for an initial term of three years, with an 8% annual increase in lease rent. The lease may be extended for a maximum of two additional years.

6.

The amount of the lease for the next financial year, lessee will be deposited in advance in the 1st week of the May every year.

7.

The lease holder will pay all the taxes etc., imposed by the Government.

8.

Lessee cannot use leased land for any purpose other than the agricultural one.

9.

Lessee cannot sublet the unit of land or any portion thereof.

10.

The facility of dera will not be available for the lessee of the land (inside of Molana Shoukat Ali Road/boundary) walled area.

11.

Area of the dera will not be more than one kanal.

12.

The structure of the dera will be temporary comprising on two huts.

13.

The lessee will provide the residence to only two employees and also provide CNIC of every employee to R.O.II Office and lessee will be responsible for their work and conduct.

14.

Lessee cannot allow irrelevant persons to reside/ stay on the Dera.

15.

The lessee will deposit 10% security amount (refundable at the end of lease agreement) in advance alongwith total leased amount.

16.

The leased land is subject to vacation upon one-month notice from the university. The said decision shall be binding upon the lessee and shall not be challengeable in any court of law.

17.

The R.O.II Office will issue notices to the lessees in the month of March to get their consent about extension of lease agreement for the next financial year. In case of no, office will tender the said land in April/May. If the lessee shows his consent to continue his lease agreement but does not deposit lease amount for the next financial year till end of June and at eleventh hour he suddenly refuses to continue his lease agreement, then the security amount deposited by him will be forfeited.

18.

Any lessee desirous of vacating leased land shall inform the Resident officer-II, University of the Punjab, Lahore by 3 months prior to closing of each year.

19.

The agreement of the lease land shall be written on non-judicial stamp papers of Rs. 1200/- and renewed every year with annual increment.

20.

In case of violation of the terms or involvement in any activity against the norms lease will be cancelled.

21.

If any dispute arises between lessee and lessor (university), the matter will be presented before the Land Committee and its decision will be the final and binding.

22.

It is clarified that the ownership of tubewell and dera is not concern of the university. It is the ownership of the old tenant.