Lease of Pakistan Railways Prime Land at Mardan Station Yard on Long Term Mix-Use Commercial Model

The Railway Estate Development and Marketing Company (Pvt) Ltd (REDAMCO), a subsidiary of the Ministry of Railways, invites sealed bids for the lease of prime land at Mardan Station Yard under a long-term lease model. This opportunity is aimed at firms, companies, and individual bidders interested in a public-private partnership for commercial development. Items being procured: - Lease rights for land at Mardan Station Yard (16.9 Kanals) The lease is for a period of 33 years, extendable for another 33 years. The land is designated for mix-use commercial purposes with building construction to be carried out as per local construction bye-laws. The bidding process follows PPRA Rules 2004 (amended) and requires submission of a non-refundable premium/commitment fee and gross revenue share offers. A bid security of PKR 10 million must be attached with the technical proposal in the form of CDR or bank draft in favor of REDAMCO. Eligibility criteria include compliance with all terms and conditions stated by REDAMCO, submission of earnest money, and adherence to technical and financial bid requirements. Bidders must be registered with FBR and have relevant experience in similar commercial lease projects. Key dates include a pre-bid meeting on 2026-08-18 at 14:00 at REDAMCO Head Office or via Zoom. The submission deadline is on or before 2026-09-03 at 14:00, with technical bids opening the same day at 14:30 at REDAMCO Head Office, Islamabad. A practical tip for bidders: Ensure your bid security and all required documents are complete and properly marked on the sealed envelope to avoid disqualification. Early submission is advised to accommodate any unforeseen delays.