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REDAMCO Invitation for Sealed Bids — Lease of 10 Mixed‑Use Plots in Rawalpindi Division (PPP Lease)
REDAMCO Invitation for Sealed Bids · Rawalpindi Division · Dunya,
Tender advertisement published in Dunya on Thursday, 1 October 2026, listed under Rawalpindi Division, Pakistan. Issued by REDAMCO Invitation for Sealed Bids. The last date printed on the advertisement is Monday, 19 October 2026.
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Issuer: Railway Estate Development & Marketing Company (Pvt) Ltd — REDAMCO, a subsidiary of the Ministry of Railways. REDAMCO invites sealed bids under a Single‑Stage, Two‑Envelope procedure for lease of Pakistan Railways prime land on a public‑private partnership (lease) model.
Purpose: Grant of lease rights for mixed‑use commercial development (shopping plaza/market, corporate offices, retail outlets and factory outlets). Firms, companies and individual bidders may submit offers as per the advertised terms and conditions.
Key Terms:
- Period of Lease: 21 years (extendable for another 21 years).
- Annual Increase in Rent: 8% compound.
- Mobilization Period: 24 months from date of possession.
- Building construction: As per local construction bye‑laws.
- Bidding Model: Single‑Stage, Two‑Envelope on two variables — offered bid against benchmarks on a One‑Time (non‑refundable) Commitment Fee and annual rental.
- Each plot requires a separate bid with specified bid security in favor of Railway Estate Development & Marketing Company (Pvt) Limited.
Important Dates and Submission:
- Pre‑bid Meeting: 2026-10-09 at 02:00 PM at REDAMCO Head Office (attendance also available via Zoom).
- Submission of Bids: On or before 2026-10-19 at 02:00 PM at REDAMCO Head Office (sealed envelopes; plot number marked on top right corner).
- Date & Time of Technical Bid Opening: 2026-10-19 at 02:30 PM at REDAMCO Head Office.
Contact & Additional Information:
- Manager Procurement (Cell): 0313-6601616, 0302-5269452
- Phone: 051-9278717-20
- Email: [email protected]
- Website: www.redamco.com (list of plots & Google map available online; bidding document downloadable from PPRA and REDAMCO websites).
| Lot | Location | Area (Sq. ft) | Bid Security (PKR Million) | Benchmark Commitment Fee (PKR Million, non‑refundable) | Benchmark Annual Rental (PKR Million) |
|---|---|---|---|---|---|
| Plot‑1 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑2 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑3 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑4 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑5 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑6 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑7 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑8 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑9 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑10 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
For procedure details, terms and conditions, and to download the bidding document, visit REDAMCO and PPRA websites or contact the Manager Procurement at the numbers above.
Published in Dunya on Thursday, 1 October 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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