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Description / Scope of Work
The Directorate of Farms, University of Agriculture in Faisalabad, Punjab invites the general public to a public auction for the sale of 324 Maund of Paddy Kainaat 1121. The auction is scheduled to take place on Thursday, 21 May 2026, starting at 10:00 AM at the university farms. Interested bidders are required to provide a copy of their National Identity Card and deposit a refundable security amount of 10,000 Rupees along with a non-refundable fee of 500 Rupees before participating. Successful bidders must pay government income tax at a rate of 10 percent for filers or 20 percent for non-filers. One-third of the total bid amount is payable on the spot, with the remaining balance due after official approval. The grain must be removed within 20 days of approval. In case the initial auction is not successful, subsequent auctions are scheduled for 25 May 2026 and 01 June 2026 at the same time and venue.